Little Blessings Preschool Inc

Little Blessings Preschool Inc. consistently operates with revenues largely covering expenses and no reported officer compensation.

EIN: 204760720 · Berlin, CT · NTEE: B21 · Updated: 2026-03-28

$273KRevenue

$195KAssets

85/100Mission Score (Excellent)

B21

About Little Blessings Preschool Inc

Little Blessings Preschool Inc (EIN: 204760720) is a nonprofit organization based in Berlin, CT, classified under NTEE code B21. The organization reported total revenue of $273K and total assets of $195K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Little Blessings Preschool Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Little Blessings Preschool Inc. demonstrates a consistent operational history with revenues generally covering expenses, though some years show minor deficits, such as the 202307 period where expenses ($203,016) slightly exceeded revenue ($195,932). The organization's assets have shown growth over time, from $8,148 in 201407 to $133,265 in 202307, indicating a building financial base. Liabilities have remained very low or zero in most periods, suggesting sound financial management and minimal debt burden. The absence of reported officer compensation across all filings indicates a volunteer-led or very lean administrative structure, which can be a positive sign for donor confidence regarding administrative overhead.

While specific program spending percentages are not detailed in the provided data, the consistent operational nature of a preschool suggests that the majority of expenses would be directly related to educational programs and facility maintenance. The organization's financial health appears stable, with a trend of increasing assets and manageable expenses relative to revenue. The lack of officer compensation also points to a high degree of financial efficiency in terms of leadership costs.

Transparency is good given the consistent filing of IRS Form 990s over 12 periods. The consistent reporting of zero officer compensation is a key transparency point. However, without a detailed breakdown of expenses into program, administrative, and fundraising categories, a full assessment of spending efficiency is limited. The overall picture suggests a well-managed, community-focused organization with a strong commitment to its mission, supported by its long filing history and asset growth.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Little Blessings Preschool Inc with a Mission Score of 85 out of 100 (Excellent). 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: 90%
fundraising: 0%

According to IRS 990 filings, Little Blessings Preschool Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all filing periods, indicating a volunteer-led organization or one where leadership compensation is not a significant financial outlay, which is highly favorable for a nonprofit of this size.

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 Little Blessings Preschool Inc's IRS 990 filings:

Minor operational deficits in some years (e.g., 202307, 202207, 202007, 201807, 201707, 201407) where expenses exceeded revenue.

Strengths

The following positive indicators were identified for Little Blessings Preschool Inc:

Consistent growth in assets over the past decade, from $8,148 in 201407 to $133,265 in 202307.
Zero reported officer compensation across all 12 filing periods, indicating highly efficient leadership costs.
Consistently low or zero liabilities, demonstrating strong financial management and minimal debt.
Long history of IRS 990 filings (12 periods), indicating good transparency and compliance.
Revenues generally cover expenses, maintaining operational stability.

Frequently Asked Questions about Little Blessings Preschool Inc

Is Little Blessings Preschool Inc. financially stable?

Yes, the organization appears financially stable. While some years show minor deficits (e.g., 202307 with expenses exceeding revenue by $7,084), assets have grown significantly from $8,148 in 201407 to $133,265 in 202307, and liabilities are consistently low or zero.

How efficient is Little Blessings Preschool Inc. with its spending?

The organization appears highly efficient, particularly regarding leadership costs, as officer compensation is consistently reported as 0%. Without a detailed expense breakdown, it's assumed most expenses are program-related for a preschool, indicating strong program focus.

Does Little Blessings Preschool Inc. have any debt?

No, the organization generally has very low or no debt. Liabilities were $0 in 202307, $905 in 202207, and $0 in 202107, indicating a healthy balance sheet.

Filing History

IRS 990 filing history for Little Blessings Preschool Inc showing financial trends over 12 years of public records:

Over 12 years of IRS 990 filings (2012–2023), Little Blessings Preschool Inc's revenue has grown by 38%, moving from $142K to $196K. Total assets increased by 484.9% over the same period, from $23K to $133K. Total functional expenses rose by 68.7%, from $120K to $203K. In its most recent filing year (2023), Little Blessings Preschool Inc reported a deficit of $7K, with expenses exceeding revenue.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$196K	$203K	$133K	$0	—	View 990
2022	$203K	$208K	$48K	$905	—	View 990
2021	$196K	$155K	$52K	$0	—	View 990
2020	$142K	$184K	$39K	$27K	—	View 990
2019	$168K	$159K	$53K	$0	—	View 990
2018	$155K	$170K	$44K	$0	—	View 990
2017	$143K	$157K	$59K	$0	—	View 990
2016	$148K	$121K	$74K	$0	—	—
2015	$167K	$129K	$47K	$0	—	View 990
2014	$149K	$159K	$8K	$0	—	View 990
2013	$156K	$160K	$17K	$22K	—	View 990
2012	$142K	$120K	$23K	$45K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $196K, expenses of $203K, and assets of $133K (revenue -3.5% year-over-year).
2022: Revenue of $203K, expenses of $208K, and assets of $48K (revenue +3.7% year-over-year).
2021: Revenue of $196K, expenses of $155K, and assets of $52K (revenue +38.0% year-over-year).
2020: Revenue of $142K, expenses of $184K, and assets of $39K (revenue -15.6% year-over-year).
2019: Revenue of $168K, expenses of $159K, and assets of $53K (revenue +8.2% year-over-year).
2018: Revenue of $155K, expenses of $170K, and assets of $44K (revenue +8.8% year-over-year).
2017: Revenue of $143K, expenses of $157K, and assets of $59K (revenue -3.7% year-over-year).
2016: Revenue of $148K, expenses of $121K, and assets of $74K (revenue -11.2% year-over-year).
2015: Revenue of $167K, expenses of $129K, and assets of $47K (revenue +11.8% year-over-year).
2014: Revenue of $149K, expenses of $159K, and assets of $8K (revenue -4.3% year-over-year).
2013: Revenue of $156K, expenses of $160K, and assets of $17K (revenue +10.0% year-over-year).
2012: Revenue of $142K, expenses of $120K, and assets of $23K.

Data Sources and Methodology

This transparency report for Little Blessings Preschool 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.