Littlest Angels Preschool And Pre Kindergarten
Littlest Angels Preschool's revenue collapsed to $497 in its latest filing, with assets at $1.
EIN: 201202347 · Omaha, NE · NTEE: B21 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $497 |
| Total Expenses | $6K |
| Program Spending | 85% |
| Net Assets | $1 |
| Transparency Score | 30/100 |
Is Littlest Angels Preschool And Pre Kindergarten Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Littlest Angels Preschool And Pre Kindergarten directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Littlest Angels Preschool And Pre Kindergarten
Littlest Angels Preschool And Pre Kindergarten (EIN: 201202347) is a nonprofit organization based in Omaha, NE, classified under NTEE code B21. The organization reported total revenue of $497 and total assets of $1 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Littlest Angels Preschool And Pre Kindergarten's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Littlest Angels Preschool And Pre Kindergarten is a micro nonprofit that has been operating for 20 years, with 8 years of IRS 990 filings on record (2011–2018). Revenue has grown at a compound annual rate of -50.4%.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
| Total Revenue | $497 |
| Total Expenses | $6K |
| Surplus / Deficit | $-5,453 |
| Total Assets | $1 |
| Net Assets | $1 |
| Operating Margin | -1097.2% |
| Months of Reserves | 0.0 months |
Financial Health Grade: C
In 2018, Littlest Angels Preschool And Pre Kindergarten reported a deficit of $5K with expenses exceeding revenue, holds 0.0 months of operating reserves (limited).
Financial Trends
Over 8 years of filings (2011–2018), Littlest Angels Preschool And Pre Kindergarten's revenue has declined at a compound annual growth rate (CAGR) of -50.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2018 | -99.1% | -90.6% | -100.0% |
| 2017 | -5.3% | +4.7% | -49.8% |
| 2016 | +0.5% | -9.1% | +6.4% |
| 2015 | -4.0% | +11.0% | -35.9% |
| 2014 | -3.3% | +7.3% | +27.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2006 |
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 Littlest Angels Preschool And Pre Kindergarten with a Mission Score of 30 out of 100 (Poor). 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, Littlest Angels Preschool And Pre Kindergarten 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 (2018)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $5K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating a volunteer-led organization or one with no paid officers, which is highly efficient for an organization 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 Littlest Angels Preschool And Pre Kindergarten's IRS 990 filings:
- Revenue plummeted from $57,874 to $497 in the latest filing (201801).
- Assets decreased to just $1 in the latest filing (201801).
- Expenses ($5,950) significantly exceeded revenue ($497) in the latest filing, indicating a large deficit.
- Consistent operational deficits in multiple years (e.g., 201801, 201706, 201506, 201206).
Strengths
The following positive indicators were identified for Littlest Angels Preschool And Pre Kindergarten:
- Consistently reported 0% officer compensation, indicating efficient leadership costs.
- No reported liabilities across all filing periods, suggesting no outstanding debt.
Frequently Asked Questions about Littlest Angels Preschool And Pre Kindergarten
Is Littlest Angels Preschool And Pre Kindergarten a legitimate charity?
Based on AI analysis of IRS 990 filings, Littlest Angels Preschool And Pre Kindergarten (EIN: 201202347) significant concerns. Mission Score: 30/100. 4 red flags identified, 2 strengths noted.
How does Littlest Angels Preschool And Pre Kindergarten spend its money?
Littlest Angels Preschool And Pre Kindergarten directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Littlest Angels Preschool And Pre Kindergarten tax-deductible?
Littlest Angels Preschool And Pre Kindergarten is registered as a tax-exempt nonprofit (EIN: 201202347). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Littlest Angels Preschool And Pre Kindergarten's spending goes to programs?
Littlest Angels Preschool And Pre Kindergarten directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Littlest Angels Preschool And Pre Kindergarten compare to similar nonprofits?
With a transparency score of 30/100 (Poor), Littlest Angels Preschool And Pre Kindergarten is below average for NTEE category B21 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Littlest Angels Preschool And Pre Kindergarten located?
Littlest Angels Preschool And Pre Kindergarten is headquartered in Omaha, Nebraska and files with the IRS under EIN 201202347. It is classified under NTEE code B21.
How many years of IRS 990 filings does Littlest Angels Preschool And Pre Kindergarten have?
Littlest Angels Preschool And Pre Kindergarten has 8 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 $497 in total revenue.
Is Littlest Angels Preschool And Pre Kindergarten still operational given its latest financial filing?
The latest filing (201801) shows revenue of only $497 and assets of $1, which raises serious questions about the organization's continued operational viability. This is a drastic drop from previous years where revenue was consistently above $57,000.
What caused the significant drop in revenue and assets in the 201801 filing period?
The IRS 990 data alone does not specify the cause, but the drop from $57,874 in revenue (201706) to $497 (201801) and assets from $5,453 to $1 is extremely concerning and suggests a major operational change, closure, or severe financial distress.
How has the organization managed to operate with such low assets in its latest period?
With only $1 in reported assets in the 201801 period, it is highly improbable the organization could sustain operations. This figure strongly suggests the organization may have ceased or is in the process of ceasing operations.
Filing History
IRS 990 filing history for Littlest Angels Preschool And Pre Kindergarten showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2011–2018), Littlest Angels Preschool And Pre Kindergarten's revenue has declined by 99.3%, moving from $68K to $497. Total assets decreased by 100% over the same period, from $8K to $1. Total functional expenses fell by 90.6%, from $63K to $6K. In its most recent filing year (2018), Littlest Angels Preschool And Pre Kindergarten reported a deficit of $5K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2018 | $497 | $6K | $1 | $0 | — | View 990 |
| 2017 | $58K | $63K | $5K | $0 | — | View 990 |
| 2016 | $61K | $60K | $11K | $0 | — | View 990 |
| 2015 | $61K | $66K | $10K | $0 | — | View 990 |
| 2014 | $63K | $60K | $16K | $0 | — | View 990 |
| 2013 | $65K | $56K | $12K | $0 | — | View 990 |
| 2012 | $58K | $62K | $3K | $0 | — | View 990 |
| 2011 | $68K | $63K | $8K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2018: Revenue of $497, expenses of $6K, and assets of $1 (revenue -99.1% year-over-year).
- 2017: Revenue of $58K, expenses of $63K, and assets of $5K (revenue -5.3% year-over-year).
- 2016: Revenue of $61K, expenses of $60K, and assets of $11K (revenue +0.5% year-over-year).
- 2015: Revenue of $61K, expenses of $66K, and assets of $10K (revenue -4.0% year-over-year).
- 2014: Revenue of $63K, expenses of $60K, and assets of $16K (revenue -3.3% year-over-year).
- 2013: Revenue of $65K, expenses of $56K, and assets of $12K (revenue +13.8% year-over-year).
- 2012: Revenue of $58K, expenses of $62K, and assets of $3K (revenue -15.0% year-over-year).
- 2011: Revenue of $68K, expenses of $63K, and assets of $8K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Littlest Angels Preschool And Pre Kindergarten:
Data Sources and Methodology
This transparency report for Littlest Angels Preschool And Pre Kindergarten 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.