Lil Buds Day Care Inc
EIN: 824424647 · Forsyth, MT · NTEE: B21
About Lil Buds Day Care Inc
Lil Buds Day Care Inc (EIN: 824424647) is a nonprofit organization based in Forsyth, MT, classified under NTEE code B21. The organization reported total revenue of $226K and total assets of $95K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lil Buds Day Care Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Lil Buds Day Care Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Lil Buds Day Care Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Filing History
IRS 990 filing history for Lil Buds Day Care Inc showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Lil Buds Day Care Inc's revenue has grown by 13.8%, moving from $335K to $381K. Total assets decreased by 16.3% over the same period, from $112K to $93K. Total functional expenses rose by 102.5%, from $249K to $504K. In its most recent filing year (2023), Lil Buds Day Care Inc reported a deficit of $123K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $381K | $504K | $93K | $0 | — | — |
| 2022 | $644K | $490K | $216K | $0 | — | View 990 |
| 2021 | $395K | $469K | $62K | $0 | — | View 990 |
| 2020 | $335K | $249K | $112K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $381K, expenses of $504K, and assets of $93K (revenue -40.8% year-over-year).
- 2022: Revenue of $644K, expenses of $490K, and assets of $216K (revenue +63.0% year-over-year).
- 2021: Revenue of $395K, expenses of $469K, and assets of $62K (revenue +18.0% year-over-year).
- 2020: Revenue of $335K, expenses of $249K, and assets of $112K.
Data Sources and Methodology
This transparency report for Lil Buds Day Care Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.