Little Star Day Care Inc
EIN: 421438646 · Arlington, IA · NTEE: P33
| Metric | Value |
|---|---|
| Total Revenue | $75K |
| Total Expenses | $93K |
| Net Assets | $-10,631 |
Is Little Star Day Care Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Little Star Day Care Inc
Little Star Day Care Inc (EIN: 421438646) is a nonprofit organization based in Arlington, IA, classified under NTEE code P33. The organization reported total revenue of $75K and total assets of $2K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Little Star Day Care Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Little Star Day Care Inc is a micro nonprofit that has been operating for 31 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $75K |
| Total Expenses | $93K |
| Surplus / Deficit | $-18,870 |
| Total Assets | $2K |
| Total Liabilities | $13K |
| Net Assets | $-10,631 |
| Operating Margin | -25.3% |
| Debt-to-Asset Ratio | 616.1% |
| Months of Reserves | 0.3 months |
Financial Health Grade: D
In 2023, Little Star Day Care Inc reported a deficit of $19K with expenses exceeding revenue, holds 0.3 months of operating reserves (limited), has a debt-to-asset ratio of 616.1% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Little Star Day Care Inc's revenue has declined at a compound annual growth rate (CAGR) of -1.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -12.6% | -0.6% | -87.1% |
| 2022 | -27.4% | -14.5% | -38.6% |
| 2021 | +7.1% | +8.4% | +54.9% |
| 2020 | +37.9% | +27.4% | +105.8% |
| 2019 | -18.0% | -21.7% | +7.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1995 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Little Star 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 Little Star 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $19K, with expenses exceeding revenue.
- Debt-to-asset ratio: 616.1%.
Frequently Asked Questions about Little Star Day Care Inc
Is Little Star Day Care Inc a legitimate charity?
Little Star Day Care Inc (EIN: 421438646) is a registered tax-exempt nonprofit based in Iowa. It has 13 years of IRS 990 filings on record. Total revenue: $75K. No red flags identified. Financial health grade: D.
How does Little Star Day Care Inc spend its money?
Little Star Day Care Inc reported $75K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Little Star Day Care Inc tax-deductible?
Little Star Day Care Inc is registered as a tax-exempt nonprofit (EIN: 421438646). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Little Star Day Care Inc located?
Little Star Day Care Inc is headquartered in Arlington, Iowa and files with the IRS under EIN 421438646. It is classified under NTEE code P33.
How many years of IRS 990 filings does Little Star Day Care Inc have?
Little Star Day Care Inc has 13 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 $75K in total revenue.
Filing History
IRS 990 filing history for Little Star Day Care Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Little Star Day Care Inc's revenue has declined by 11%, moving from $84K to $75K. Total assets decreased by 88.1% over the same period, from $17K to $2K. Total functional expenses rose by 11.1%, from $84K to $93K. In its most recent filing year (2023), Little Star Day Care Inc reported a deficit of $19K, with expenses exceeding revenue. The organization holds $13K in liabilities against $2K in assets (debt-to-asset ratio: 616.1%), resulting in net assets of $-10,631.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $75K | $93K | $2K | $13K | — | — |
| 2022 | $85K | $94K | $16K | $8K | — | View 990 |
| 2021 | $118K | $110K | $26K | $9K | — | View 990 |
| 2020 | $110K | $101K | $17K | $8K | — | — |
| 2019 | $80K | $80K | $8K | $8K | — | View 990 |
| 2018 | $97K | $102K | $8K | $7K | — | View 990 |
| 2017 | $99K | $99K | $13K | $9K | — | View 990 |
| 2016 | $106K | $92K | $10K | $6K | — | View 990 |
| 2015 | $107K | $120K | $5K | $14K | — | — |
| 2014 | $91K | $96K | $5K | $3K | — | View 990 |
| 2013 | $79K | $81K | $10K | $4K | — | View 990 |
| 2012 | $73K | $72K | $19K | $11K | — | View 990 |
| 2011 | $84K | $84K | $17K | $11K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $75K, expenses of $93K, and assets of $2K (revenue -12.6% year-over-year).
- 2022: Revenue of $85K, expenses of $94K, and assets of $16K (revenue -27.4% year-over-year).
- 2021: Revenue of $118K, expenses of $110K, and assets of $26K (revenue +7.1% year-over-year).
- 2020: Revenue of $110K, expenses of $101K, and assets of $17K (revenue +37.9% year-over-year).
- 2019: Revenue of $80K, expenses of $80K, and assets of $8K (revenue -18.0% year-over-year).
- 2018: Revenue of $97K, expenses of $102K, and assets of $8K (revenue -1.5% year-over-year).
- 2017: Revenue of $99K, expenses of $99K, and assets of $13K (revenue -6.9% year-over-year).
- 2016: Revenue of $106K, expenses of $92K, and assets of $10K (revenue -0.6% year-over-year).
- 2015: Revenue of $107K, expenses of $120K, and assets of $5K (revenue +17.1% year-over-year).
- 2014: Revenue of $91K, expenses of $96K, and assets of $5K (revenue +15.4% year-over-year).
- 2013: Revenue of $79K, expenses of $81K, and assets of $10K (revenue +7.6% year-over-year).
- 2012: Revenue of $73K, expenses of $72K, and assets of $19K (revenue -12.5% year-over-year).
- 2011: Revenue of $84K, expenses of $84K, and assets of $17K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Little Star Day Care Inc:
Data Sources and Methodology
This transparency report for Little Star 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.