Lil Spuds Childcare Inc
EIN: 831667449 · Hoople, ND · NTEE: P33
| Metric | Value |
|---|---|
| Total Revenue | $360K |
| Total Expenses | $314K |
| Net Assets | $84K |
Is Lil Spuds Childcare Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Lil Spuds Childcare Inc
Lil Spuds Childcare Inc (EIN: 831667449) is a nonprofit organization based in Hoople, ND, classified under NTEE code P33. The organization reported total revenue of $360K and total assets of $98K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lil Spuds Childcare Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lil Spuds Childcare Inc is a small nonprofit that has been operating for 7 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of 14.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $266K |
| Total Expenses | $314K |
| Surplus / Deficit | $-47,761 |
| Total Assets | $88K |
| Total Liabilities | $4K |
| Net Assets | $84K |
| Operating Margin | -18.0% |
| Debt-to-Asset Ratio | 4.6% |
| Months of Reserves | 3.4 months |
Financial Health Grade: B
In 2023, Lil Spuds Childcare Inc reported a deficit of $48K with expenses exceeding revenue, holds 3.4 months of operating reserves (adequate), has a debt-to-asset ratio of 4.6% (very low leverage).
Financial Trends
Over 5 years of filings (2019–2023), Lil Spuds Childcare Inc's revenue has grown at a compound annual growth rate (CAGR) of 14.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -10.6% | +27.1% | -34.9% |
| 2022 | +33.4% | +21.6% | +57.9% |
| 2021 | +12.4% | +23.2% | +41.1% |
| 2020 | +27.9% | +28.2% | +98.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Lil Spuds Childcare 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 Spuds Childcare 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $48K, with expenses exceeding revenue.
- Debt-to-asset ratio: 4.6%.
Frequently Asked Questions about Lil Spuds Childcare Inc
Is Lil Spuds Childcare Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Lil Spuds Childcare Inc (EIN: 831667449) insufficient data. 0 red flags identified, 0 strengths noted.
How does Lil Spuds Childcare Inc spend its money?
Detailed spending breakdown data is not yet available for Lil Spuds Childcare Inc. Check back for updated IRS 990 analysis.
Are donations to Lil Spuds Childcare Inc tax-deductible?
Lil Spuds Childcare Inc is registered as a tax-exempt nonprofit (EIN: 831667449). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Lil Spuds Childcare Inc located?
Lil Spuds Childcare Inc is headquartered in Hoople, North Dakota and files with the IRS under EIN 831667449. It is classified under NTEE code P33.
How many years of IRS 990 filings does Lil Spuds Childcare Inc have?
Lil Spuds Childcare Inc has 5 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $360K in total revenue.
Filing History
IRS 990 filing history for Lil Spuds Childcare Inc showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Lil Spuds Childcare Inc's revenue has grown by 71.4%, moving from $155K to $266K. Total assets increased by 187.8% over the same period, from $30K to $88K. Total functional expenses rose by 144.2%, from $128K to $314K. In its most recent filing year (2023), Lil Spuds Childcare Inc reported a deficit of $48K, with expenses exceeding revenue. The organization holds $4K in liabilities against $88K in assets (debt-to-asset ratio: 4.6%), resulting in net assets of $84K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $266K | $314K | $88K | $4K | — | View 990 |
| 2022 | $297K | $247K | $135K | $3K | — | — |
| 2021 | $223K | $203K | $85K | $5K | — | View 990 |
| 2020 | $198K | $165K | $61K | $6 | — | — |
| 2019 | $155K | $128K | $30K | $4K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $266K, expenses of $314K, and assets of $88K (revenue -10.6% year-over-year).
- 2022: Revenue of $297K, expenses of $247K, and assets of $135K (revenue +33.4% year-over-year).
- 2021: Revenue of $223K, expenses of $203K, and assets of $85K (revenue +12.4% year-over-year).
- 2020: Revenue of $198K, expenses of $165K, and assets of $61K (revenue +27.9% year-over-year).
- 2019: Revenue of $155K, expenses of $128K, and assets of $30K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lil Spuds Childcare Inc:
Data Sources and Methodology
This transparency report for Lil Spuds Childcare 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.