Little Lambs Day Care Center Plus Inc
Little Lambs Day Care Center Plus Inc: Consistent Operations, Modest Reserves
EIN: 223010435 · Weehawken, NJ · NTEE: B21 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $860K |
| Total Expenses | $823K |
| Program Spending | 85% |
| Net Assets | $22K |
| Transparency Score | 75/100 |
Is Little Lambs Day Care Center Plus Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Little Lambs Day Care Center Plus Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Little Lambs Day Care Center Plus Inc
Little Lambs Day Care Center Plus Inc (EIN: 223010435) is a nonprofit organization based in Weehawken, NJ, classified under NTEE code B21. The organization reported total revenue of $860K and total assets of $54K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Little Lambs Day Care Center Plus Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Little Lambs Day Care Center Plus Inc is a small nonprofit that has been operating for 4 years, with 7 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $860K |
| Total Expenses | $823K |
| Surplus / Deficit | +$37K |
| Total Assets | $54K |
| Total Liabilities | $32K |
| Net Assets | $22K |
| Operating Margin | 4.3% |
| Debt-to-Asset Ratio | 59.2% |
| Months of Reserves | 0.8 months |
Financial Health Grade: B
In 2023, Little Lambs Day Care Center Plus Inc reported a surplus of $37K with revenue exceeding expenses, holds 0.8 months of operating reserves (limited), has a debt-to-asset ratio of 59.2% (high leverage).
Financial Trends
Over 7 years of filings (2011–2023), Little Lambs Day Care Center Plus Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +8.9% | +8.3% | +13.1% |
| 2022 | +24.0% | +8.6% | +101.4% |
| 2021 | -7.5% | +7.8% | -71.1% |
| 2020 | +13.1% | +8.4% | +19.1% |
| 2013 | -1.2% | -3.3% | +6.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2022 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Little Lambs Day Care Center Plus Inc 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, Little Lambs Day Care Center Plus Inc 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $37K, with revenue exceeding expenses.
- Debt-to-asset ratio: 59.2%.
Executive Compensation Analysis
Executive compensation cannot be assessed as no specific compensation figures for executives were provided in the available data.
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 Lambs Day Care Center Plus Inc's IRS 990 filings:
- Lack of detailed expense breakdown makes it difficult to precisely verify program efficiency.
- The organization's liabilities have fluctuated, reaching a high of $90,367 in 2011 and $89,153 in 2012, indicating periods of higher debt relative to assets.
Strengths
The following positive indicators were identified for Little Lambs Day Care Center Plus Inc:
- Consistently operational for over a decade with stable revenue streams.
- Maintains positive net assets, growing from $23,841 in 2021 to $54,322 in 2023, indicating financial stability.
- Expenses generally align closely with revenue, suggesting efficient use of funds.
Frequently Asked Questions about Little Lambs Day Care Center Plus Inc
Is Little Lambs Day Care Center Plus Inc a legitimate charity?
Little Lambs Day Care Center Plus Inc (EIN: 223010435) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 75/100. It has 7 years of IRS 990 filings on record. Total revenue: $860K. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Little Lambs Day Care Center Plus Inc spend its money?
Little Lambs Day Care Center Plus Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Little Lambs Day Care Center Plus Inc tax-deductible?
Little Lambs Day Care Center Plus Inc is registered as a tax-exempt nonprofit (EIN: 223010435). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Little Lambs Day Care Center Plus Inc's spending goes to programs?
Little Lambs Day Care Center Plus Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Little Lambs Day Care Center Plus Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Little Lambs Day Care Center Plus Inc is above average for NTEE category B21 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Little Lambs Day Care Center Plus Inc located?
Little Lambs Day Care Center Plus Inc is headquartered in Weehawken, New Jersey and files with the IRS under EIN 223010435. It is classified under NTEE code B21.
How many years of IRS 990 filings does Little Lambs Day Care Center Plus Inc have?
Little Lambs Day Care Center Plus Inc has 7 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 $860K in total revenue.
What does Little Lambs Day Care Center Plus Inc do?
Little Lambs Day Care Center Plus Inc is a nonprofit organization in the Education sector, located in Weehawken, New Jersey. It is classified under NTEE code B21.
How much revenue does Little Lambs Day Care Center Plus Inc have?
Little Lambs Day Care Center Plus Inc reported total revenue of $859,781. Based on 7 IRS 990 filings on record.
What are Little Lambs Day Care Center Plus Inc's total assets?
Little Lambs Day Care Center Plus Inc holds total assets of $54,322 as reported in IRS 990 filings.
Where is Little Lambs Day Care Center Plus Inc located?
Little Lambs Day Care Center Plus Inc is based in Weehawken, New Jersey.
What is Little Lambs Day Care Center Plus Inc's EIN?
Little Lambs Day Care Center Plus Inc's Employer Identification Number (EIN) is 223010435. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Little Lambs Day Care Center Plus Inc?
Little Lambs Day Care Center Plus Inc is classified under NTEE code B21 (Education).
Is Little Lambs Day Care Center Plus Inc a registered 501(c)(3)?
Yes, Little Lambs Day Care Center Plus Inc is recognized as a tax-exempt organization by the IRS. EIN: 223010435.
Does Little Lambs Day Care Center Plus Inc file IRS Form 990?
Yes, Little Lambs Day Care Center Plus Inc has 7 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Little Lambs Day Care Center Plus Inc's revenue in 2023?
In the 202312 filing period, Little Lambs Day Care Center Plus Inc reported total revenue of $859,781, total expenses of $822,611, and net assets of $54,322.
Is Little Lambs Day Care Center Plus Inc's revenue growing or declining?
Little Lambs Day Care Center Plus Inc's revenue is growing. Revenue went from $789,477 (202212) to $859,781 (202312), a +8.9% change. Based on 7 filings on record.
What is Little Lambs Day Care Center Plus Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Little Lambs Day Care Center Plus Inc covers tax period 202312. It shows revenue of $859,781, expenses of $822,611, total assets of $54,322, and liabilities of $32,153.
How much does Little Lambs Day Care Center Plus Inc spend on programs vs administration?
Based on IRS 990 analysis, Little Lambs Day Care Center Plus Inc allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Little Lambs Day Care Center Plus Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Little Lambs Day Care Center Plus Inc appears trustworthy. Mission Score: 75/100 (Good). 2 red flags identified. 3 strengths noted.
What are the red flags for Little Lambs Day Care Center Plus Inc?
The following concerns were identified: Lack of detailed expense breakdown makes it difficult to precisely verify program efficiency.. The organization's liabilities have fluctuated, reaching a high of $90,367 in 2011 and $89,153 in 2012, indicating periods of higher debt relative to assets.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Little Lambs Day Care Center Plus Inc's strengths?
Positive indicators for Little Lambs Day Care Center Plus Inc include: Consistently operational for over a decade with stable revenue streams.. Maintains positive net assets, growing from $23,841 in 2021 to $54,322 in 2023, indicating financial stability.. Expenses generally align closely with revenue, suggesting efficient use of funds.. These findings are derived from AI analysis of the organization's financial filings.
How does Little Lambs Day Care Center Plus Inc compensate executives?
Executive compensation cannot be assessed as no specific compensation figures for executives were provided in the available data. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does the organization manage its liabilities, given the fluctuations observed over the years?
While liabilities have fluctuated, reaching a high of $90,367 in 2011, the organization has consistently maintained positive net assets, suggesting effective management of its overall financial position despite varying debt levels.
What is the primary driver behind the consistent growth in net assets from 2021 to 2023?
The growth in net assets from $23,841 in 2021 to $54,322 in 2023 is primarily driven by revenues consistently exceeding expenses, for example, $859,781 in revenue against $822,611 in expenses in 2023, allowing for accumulation of reserves.
Filing History
IRS 990 filing history for Little Lambs Day Care Center Plus Inc showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2011–2023), Little Lambs Day Care Center Plus Inc's revenue has grown by 32.3%, moving from $650K to $860K. Total assets decreased by 22.1% over the same period, from $70K to $54K. Total functional expenses rose by 27%, from $648K to $823K. In its most recent filing year (2023), Little Lambs Day Care Center Plus Inc reported a surplus of $37K, with revenue exceeding expenses. The organization holds $32K in liabilities against $54K in assets (debt-to-asset ratio: 59.2%), resulting in net assets of $22K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $860K | $823K | $54K | $32K | — | — |
| 2022 | $789K | $760K | $48K | $63K | — | View 990 |
| 2021 | $637K | $699K | $24K | $69K | — | View 990 |
| 2020 | $688K | $649K | $83K | $65K | — | — |
| 2013 | $608K | $599K | $69K | $84K | — | View 990 |
| 2012 | $616K | $619K | $65K | $89K | — | View 990 |
| 2011 | $650K | $648K | $70K | $90K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $860K, expenses of $823K, and assets of $54K (revenue +8.9% year-over-year).
- 2022: Revenue of $789K, expenses of $760K, and assets of $48K (revenue +24.0% year-over-year).
- 2021: Revenue of $637K, expenses of $699K, and assets of $24K (revenue -7.5% year-over-year).
- 2020: Revenue of $688K, expenses of $649K, and assets of $83K (revenue +13.1% year-over-year).
- 2013: Revenue of $608K, expenses of $599K, and assets of $69K (revenue -1.2% year-over-year).
- 2012: Revenue of $616K, expenses of $619K, and assets of $65K (revenue -5.3% year-over-year).
- 2011: Revenue of $650K, expenses of $648K, and assets of $70K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Little Lambs Day Care Center Plus Inc:
Data Sources and Methodology
This transparency report for Little Lambs Day Care Center Plus 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.