Lincroft Center For Children Tlc
Lincroft Center For Children Tlc: Consistent Revenue, Tight Margins
EIN: 222543697 · Lincroft, NJ · NTEE: P33 · Updated: 2026-04-04
Is Lincroft Center For Children Tlc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Lincroft Center For Children Tlc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Lincroft Center For Children Tlc
Lincroft Center For Children Tlc (EIN: 222543697) is a nonprofit organization based in Lincroft, NJ, classified under NTEE code P33. The organization reported total revenue of $1.3M and total assets of $354K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lincroft Center For Children Tlc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Lincroft Center For Children Tlc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Lincroft Center For Children Tlc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation cannot be assessed without specific salary data, which is not provided in the given financial summary.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Lincroft Center For Children Tlc's IRS 990 filings:
- Operating at a deficit in 2023 ($1,281,477 expenses vs. $1,277,577 revenue) and 2021 ($1,133,617 expenses vs. $1,027,783 revenue), indicating potential financial strain.
- Significant liability of $140,536 reported in 2020, which is a notable portion of total assets for that year ($188,344).
Strengths
The following positive indicators were identified for Lincroft Center For Children Tlc:
- Consistent revenue generation over several years, generally above $1 million annually.
- Maintained positive asset growth from $170,356 in 2019 to $365,385 in 2023, demonstrating financial stability.
- Low reported liabilities in most years, suggesting good financial management.
Frequently Asked Questions about Lincroft Center For Children Tlc
Is Lincroft Center For Children Tlc a legitimate charity?
Based on AI analysis of IRS 990 filings, Lincroft Center For Children Tlc (EIN: 222543697) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does Lincroft Center For Children Tlc spend its money?
Lincroft Center For Children Tlc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Lincroft Center For Children Tlc tax-deductible?
Lincroft Center For Children Tlc is registered as a tax-exempt nonprofit (EIN: 222543697). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does Lincroft Center For Children Tlc do?
Lincroft Center For Children Tlc is a nonprofit organization in the Human Services sector, located in Lincroft, New Jersey. It is classified under NTEE code P33.
How much revenue does Lincroft Center For Children Tlc have?
Lincroft Center For Children Tlc reported total revenue of $1,257,460. Based on 9 IRS 990 filings on record.
What are Lincroft Center For Children Tlc's total assets?
Lincroft Center For Children Tlc holds total assets of $354,394 as reported in IRS 990 filings.
Where is Lincroft Center For Children Tlc located?
Lincroft Center For Children Tlc is based in Lincroft, New Jersey.
What is Lincroft Center For Children Tlc's EIN?
Lincroft Center For Children Tlc's Employer Identification Number (EIN) is 222543697. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Lincroft Center For Children Tlc?
Lincroft Center For Children Tlc is classified under NTEE code P33 (Human Services).
Is Lincroft Center For Children Tlc a registered 501(c)(3)?
Yes, Lincroft Center For Children Tlc is recognized as a tax-exempt organization by the IRS. EIN: 222543697.
Does Lincroft Center For Children Tlc file IRS Form 990?
Yes, Lincroft Center For Children Tlc has 9 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Lincroft Center For Children Tlc's revenue in 2023?
In the 202312 filing period, Lincroft Center For Children Tlc reported total revenue of $1,277,577, total expenses of $1,281,477, and net assets of $365,385.
Is Lincroft Center For Children Tlc's revenue growing or declining?
Lincroft Center For Children Tlc's revenue is declining. Revenue went from $1,346,897 (202212) to $1,277,577 (202312), a -5.1% change. Based on 9 filings on record.
What is Lincroft Center For Children Tlc's most recent 990 filing?
The most recent IRS Form 990 filing for Lincroft Center For Children Tlc covers tax period 202312. It shows revenue of $1,277,577, expenses of $1,281,477, total assets of $365,385, and liabilities of N/A.
How much does Lincroft Center For Children Tlc spend on programs vs administration?
Based on IRS 990 analysis, Lincroft Center For Children Tlc allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Lincroft Center For Children Tlc a trustworthy charity?
Based on AI analysis of IRS 990 data, Lincroft Center For Children Tlc appears trustworthy. Mission Score: 75/100 (Good). 2 red flags identified. 3 strengths noted.
What are the red flags for Lincroft Center For Children Tlc?
The following concerns were identified: Operating at a deficit in 2023 ($1,281,477 expenses vs. $1,277,577 revenue) and 2021 ($1,133,617 expenses vs. $1,027,783 revenue), indicating potential financial strain.. Significant liability of $140,536 reported in 2020, which is a notable portion of total assets for that year ($188,344).. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Lincroft Center For Children Tlc's strengths?
Positive indicators for Lincroft Center For Children Tlc include: Consistent revenue generation over several years, generally above $1 million annually.. Maintained positive asset growth from $170,356 in 2019 to $365,385 in 2023, demonstrating financial stability.. Low reported liabilities in most years, suggesting good financial management.. These findings are derived from AI analysis of the organization's financial filings.
How does Lincroft Center For Children Tlc compensate executives?
Executive compensation cannot be assessed without specific salary data, which is not provided in the given financial summary. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does the organization plan to address the recurring operational deficits observed in recent years (e.g., 2023 and 2021)?
The provided data indicates deficits in 2023 and 2021, with expenses exceeding revenue. A detailed financial strategy would be needed to understand how these deficits are being managed and if they are part of a planned investment or indicate a need for revenue diversification or cost control.
What is the nature of the significant liability reported in 2020 ($140,536), and how was it resolved or managed in subsequent years?
The data shows a substantial liability in 2020. Understanding its origin (e.g., loan, deferred revenue) and how it was addressed is crucial for assessing long-term financial health, especially since liabilities were reported as $0 in subsequent years.
Filing History
IRS 990 filing history for Lincroft Center For Children Tlc showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2016–2023), Lincroft Center For Children Tlc's revenue has grown by 52.5%, moving from $838K to $1.3M. Total assets increased by 137.8% over the same period, from $154K to $365K. Total functional expenses rose by 53.1%, from $837K to $1.3M. In its most recent filing year (2023), Lincroft Center For Children Tlc reported a deficit of $4K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $1.3M | $1.3M | $365K | $0 | — | View 990 |
| 2022 | $1.3M | $1.2M | $371K | $2K | — | View 990 |
| 2021 | $1.0M | $1.1M | $215K | $0 | — | View 990 |
| 2020 | $719K | $842K | $188K | $141K | — | View 990 |
| 2019 | $1.0M | $1.0M | $170K | $0 | — | View 990 |
| 2018 | $1.0M | $1.0M | $190K | $0 | — | View 990 |
| 2017 | $728K | $748K | $173K | $200 | — | View 990 |
| 2017 | $967K | $925K | $194K | $800 | — | View 990 |
| 2016 | $838K | $837K | $154K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.3M, expenses of $1.3M, and assets of $365K (revenue -5.1% year-over-year).
- 2022: Revenue of $1.3M, expenses of $1.2M, and assets of $371K (revenue +31.0% year-over-year).
- 2021: Revenue of $1.0M, expenses of $1.1M, and assets of $215K (revenue +42.9% year-over-year).
- 2020: Revenue of $719K, expenses of $842K, and assets of $188K (revenue -30.0% year-over-year).
- 2019: Revenue of $1.0M, expenses of $1.0M, and assets of $170K (revenue +0.7% year-over-year).
- 2018: Revenue of $1.0M, expenses of $1.0M, and assets of $190K (revenue +40.2% year-over-year).
- 2017: Revenue of $728K, expenses of $748K, and assets of $173K (revenue -24.8% year-over-year).
- 2017: Revenue of $967K, expenses of $925K, and assets of $194K (revenue +15.5% year-over-year).
- 2016: Revenue of $838K, expenses of $837K, and assets of $154K.
Data Sources and Methodology
This transparency report for Lincroft Center For Children Tlc 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.