Local 1199 Employer Child Care Fund
Local 1199 Employer Child Care Fund shows strong revenue growth and asset accumulation in 2022 with no reported officer compensation.
EIN: 133641466 · New York, NY · NTEE: P33Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $32.3M |
| Total Expenses | $27.4M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $30 |
| Net Assets | $16.2M |
| Transparency Score | 85/100 |
Is Local 1199 Employer Child Care Fund Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Local 1199 Employer Child Care Fund directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Local 1199 Employer Child Care Fund
Local 1199 Employer Child Care Fund (EIN: 133641466) is a nonprofit organization based in New York, NY, classified under NTEE code P33Z. The organization reported total revenue of $32.3M and total assets of $18.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Local 1199 Employer Child Care Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Local 1199 Employer Child Care Fund is a large nonprofit that has been operating for 32 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 3.3%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $35.9M |
| Total Expenses | $27.4M |
| Surplus / Deficit | +$8.4M |
| Total Assets | $18.2M |
| Total Liabilities | $2.0M |
| Net Assets | $16.2M |
| Operating Margin | 23.5% |
| Debt-to-Asset Ratio | 10.7% |
| Months of Reserves | 8.0 months |
Financial Health Grade: A
In 2022, Local 1199 Employer Child Care Fund reported a surplus of $8.4M with revenue exceeding expenses, holds 8.0 months of operating reserves (strong position), has a debt-to-asset ratio of 10.7% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2022), Local 1199 Employer Child Care Fund's revenue has grown at a compound annual growth rate (CAGR) of 3.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +35.9% | -0.4% | +89.6% |
| 2021 | -2.4% | -1.5% | -16.3% |
| 2020 | -16.7% | +0.7% | -6.3% |
| 2019 | +21.3% | +0.5% | +74.7% |
| 2018 | +19.4% | +4.6% | -9.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1994 |
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 Local 1199 Employer Child Care Fund 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: 8%
- programs: 90%
- fundraising: 2%
According to IRS 990 filings, Local 1199 Employer Child Care Fund allocates its expenses as follows: admin: 8%, programs: 90%, fundraising: 2%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $8.4M, with revenue exceeding expenses.
- Debt-to-asset ratio: 10.7%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filing periods, indicating that no compensation was paid to officers. This is highly unusual for an organization of this size (over $30 million in revenue) and suggests that leadership may be compensated through other means, or that the organization operates with a volunteer or externally funded executive structure.
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 Local 1199 Employer Child Care Fund's IRS 990 filings:
- Consistent 0% officer compensation for an organization of this size, which may indicate compensation is reported elsewhere or through a related entity, warranting further investigation for full transparency.
- Several years of expenses exceeding revenue (e.g., 2015-2018, 2020-2021) before the strong surplus in 2022, indicating potential past financial volatility.
Strengths
The following positive indicators were identified for Local 1199 Employer Child Care Fund:
- Significant revenue growth in 2022 ($35,861,053) following a deficit year, demonstrating strong financial recovery.
- Substantial asset growth, nearly doubling from $9,599,746 in 2021 to $18,201,795 in 2022, indicating effective asset management.
- Consistent reporting of 0% officer compensation across all available filings, suggesting a high proportion of funds are directed to programs.
- Low liabilities relative to assets, indicating a healthy balance sheet.
- Long and consistent IRS 990 filing history (12 filings), demonstrating commitment to regulatory compliance and transparency.
Frequently Asked Questions about Local 1199 Employer Child Care Fund
Is Local 1199 Employer Child Care Fund a legitimate charity?
Local 1199 Employer Child Care Fund (EIN: 133641466) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 12 years of IRS 990 filings on record. Total revenue: $32.3M. 2 red flags identified. 5 strengths noted. Financial health grade: A.
How does Local 1199 Employer Child Care Fund spend its money?
Local 1199 Employer Child Care Fund directs 90% of its spending to programs and services. Fundraising costs 2%. This exceeds the 65% industry benchmark.
Are donations to Local 1199 Employer Child Care Fund tax-deductible?
Local 1199 Employer Child Care Fund is registered as a tax-exempt nonprofit (EIN: 133641466). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Local 1199 Employer Child Care Fund CEO make?
Local 1199 Employer Child Care Fund's highest-compensated officer earns $30 annually. The organization reported $32.3M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Local 1199 Employer Child Care Fund's spending goes to programs?
Local 1199 Employer Child Care Fund directs 90% to programs, 2% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Local 1199 Employer Child Care Fund compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Local 1199 Employer Child Care Fund is above average for NTEE category P33Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Local 1199 Employer Child Care Fund located?
Local 1199 Employer Child Care Fund is headquartered in New York, New York and files with the IRS under EIN 133641466. It is classified under NTEE code P33Z.
How many years of IRS 990 filings does Local 1199 Employer Child Care Fund have?
Local 1199 Employer Child Care Fund has 12 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 $32.3M in total revenue.
Is Local 1199 Employer Child Care Fund a good charity?
Based on the available data, the organization appears to be financially healthy, with strong revenue and asset growth in 2022. The consistent reporting of 0% officer compensation is a significant positive, suggesting a high proportion of funds are directed towards its mission. However, without a detailed breakdown of program vs. administrative spending, a full assessment of 'goodness' is limited.
How has the organization's financial health changed over time?
The organization has experienced fluctuations in revenue and expenses, with several years showing expenses exceeding revenue (e.g., 2015-2018, 2020-2021). However, 2022 marked a strong rebound with a significant surplus ($35.8M revenue vs. $27.4M expenses) and a near doubling of assets from $9.5M in 2021 to $18.2M in 2022, indicating improved financial health.
What is the significance of 0% officer compensation?
The consistent reporting of 0% officer compensation is highly unusual for an organization of this scale. It could mean that executive leadership is entirely volunteer, compensated by a related entity, or that the compensation is reported under a different category. While it suggests a high dedication of funds to the mission, it also warrants further inquiry for complete transparency.
Filing History
IRS 990 filing history for Local 1199 Employer Child Care Fund showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Local 1199 Employer Child Care Fund's revenue has grown by 42.5%, moving from $25.2M to $35.9M. Total assets decreased by 19.3% over the same period, from $22.6M to $18.2M. Total functional expenses rose by 16.2%, from $23.6M to $27.4M. In its most recent filing year (2022), Local 1199 Employer Child Care Fund reported a surplus of $8.4M, with revenue exceeding expenses. The organization holds $2.0M in liabilities against $18.2M in assets (debt-to-asset ratio: 10.7%), resulting in net assets of $16.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $35.9M | $27.4M | $18.2M | $2.0M | — | View 990 |
| 2021 | $26.4M | $27.6M | $9.6M | $1.8M | — | View 990 |
| 2020 | $27.0M | $28.0M | $11.5M | $2.5M | — | View 990 |
| 2019 | $32.5M | $27.8M | $12.2M | $2.3M | — | View 990 |
| 2018 | $26.8M | $27.6M | $7.0M | $1.7M | — | View 990 |
| 2017 | $22.4M | $26.4M | $7.7M | $1.6M | — | — |
| 2016 | $24.6M | $26.1M | $11.4M | $1.3M | — | View 990 |
| 2015 | $17.6M | $24.6M | $13.0M | $1.1M | — | View 990 |
| 2014 | $26.1M | $24.7M | $19.8M | $897K | — | View 990 |
| 2013 | $24.6M | $25.5M | $18.7M | $1.1M | — | View 990 |
| 2012 | $19.7M | $22.6M | $20.4M | $2.0M | — | View 990 |
| 2011 | $25.2M | $23.6M | $22.6M | $1.2M | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $35.9M, expenses of $27.4M, and assets of $18.2M (revenue +35.9% year-over-year).
- 2021: Revenue of $26.4M, expenses of $27.6M, and assets of $9.6M (revenue -2.4% year-over-year).
- 2020: Revenue of $27.0M, expenses of $28.0M, and assets of $11.5M (revenue -16.7% year-over-year).
- 2019: Revenue of $32.5M, expenses of $27.8M, and assets of $12.2M (revenue +21.3% year-over-year).
- 2018: Revenue of $26.8M, expenses of $27.6M, and assets of $7.0M (revenue +19.4% year-over-year).
- 2017: Revenue of $22.4M, expenses of $26.4M, and assets of $7.7M (revenue -8.8% year-over-year).
- 2016: Revenue of $24.6M, expenses of $26.1M, and assets of $11.4M (revenue +39.6% year-over-year).
- 2015: Revenue of $17.6M, expenses of $24.6M, and assets of $13.0M (revenue -32.5% year-over-year).
- 2014: Revenue of $26.1M, expenses of $24.7M, and assets of $19.8M (revenue +5.9% year-over-year).
- 2013: Revenue of $24.6M, expenses of $25.5M, and assets of $18.7M (revenue +24.7% year-over-year).
- 2012: Revenue of $19.7M, expenses of $22.6M, and assets of $20.4M (revenue -21.5% year-over-year).
- 2011: Revenue of $25.2M, expenses of $23.6M, and assets of $22.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Local 1199 Employer Child Care Fund:
Data Sources and Methodology
This transparency report for Local 1199 Employer Child Care Fund 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.