Mary Cariola Childrens Center Inc

Mary Cariola Childrens Center Inc shows consistent revenue growth and healthy financial surpluses over the past decade.

EIN: 160771078 · Rochester, NY · Updated: 2026-03-28

$47.9MRevenue
$32.2MAssets
88/100Mission Score (Excellent)
Mary Cariola Childrens Center Inc Financial Summary
MetricValue
Total Revenue$47.9M
Total Expenses$40.2M
Program Spending85%
CEO/Top Officer Pay$40M
Net Assets$11.4M
Transparency Score88/100

Is Mary Cariola Childrens Center Inc Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Mary Cariola Childrens Center Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Mary Cariola Childrens Center Inc

Mary Cariola Childrens Center Inc (EIN: 160771078) is a nonprofit organization based in Rochester, NY. The organization reported total revenue of $47.9M and total assets of $32.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mary Cariola Childrens Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

62Years Operating
LargeSize Classification
13Years of Filings
MixedRevenue Trajectory

Mary Cariola Childrens Center Inc is a large nonprofit that has been operating for 62 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.9%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$40.9M
Total Expenses$40.2M
Surplus / Deficit+$622K
Total Assets$29.3M
Total Liabilities$18.0M
Net Assets$11.4M
Operating Margin1.5%
Debt-to-Asset Ratio61.3%
Months of Reserves8.8 months

Financial Health Grade: A

In 2023, Mary Cariola Childrens Center Inc reported a surplus of $622K with revenue exceeding expenses, holds 8.8 months of operating reserves (strong position), has a debt-to-asset ratio of 61.3% (high leverage).

Financial Trends

Over 13 years of filings (2011–2023), Mary Cariola Childrens Center Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.9%.

YearRevenue ChangeExpense ChangeAsset Change
2023-11.5%-9.4%+2.0%
2022+20.0%+19.7%-11.5%
2021+3.6%+0.7%+12.3%
2020+3.8%+7.2%+20.5%
2019+6.5%+2.5%+6.7%

IRS Tax-Exempt Classification

IRS Classification Codes1200
IRS Ruling Date1964

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Mary Cariola Childrens Center Inc demonstrates consistent financial health with a steady increase in revenue over the past decade, reaching $40,851,140 in the latest filing (202306). The organization consistently operates with a surplus, indicating sound financial management, though the surplus varies year to year. For instance, in 202306, the surplus was $622,289 ($40,851,140 revenue - $40,228,851 expenses). The organization's assets have also grown significantly, from $18,550,435 in 201406 to $29,346,476 in 202306, suggesting a healthy balance sheet. Spending efficiency appears strong, with expenses closely tracking revenue, indicating that most funds are deployed towards its mission. The consistent growth in both revenue and assets, coupled with a manageable liabilities-to-assets ratio (e.g., $17,977,010 liabilities against $29,346,476 assets in 202306), points to a stable and growing operation. The absence of reported officer compensation in the provided data suggests either a highly volunteer-driven leadership or that compensation is reported under other expense categories, which would warrant further investigation for full transparency.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Mary Cariola Childrens Center Inc with a Mission Score of 88 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: 85%
  • fundraising: 5%

According to IRS 990 filings, Mary Cariola Childrens Center 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:

$40.9MTotal Revenue
$40.2MTotal Expenses
$29.3MTotal Assets
$18.0MTotal Liabilities
$11.4MNet Assets
  • The organization reported a surplus of $622K, with revenue exceeding expenses.
  • Debt-to-asset ratio: 61.3%.

Executive Compensation Analysis

The provided data indicates 0% officer compensation across all listed filings, which is unusual for an organization of this size ($40M+ revenue). This suggests executive compensation may be reported under other expense categories or that the organization relies heavily on volunteer leadership, requiring further scrutiny for complete transparency.

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 Mary Cariola Childrens Center Inc's IRS 990 filings:

  • 0% officer compensation reported across all filings, which is atypical for an organization of this size and may indicate compensation is categorized elsewhere, impacting transparency.

Strengths

The following positive indicators were identified for Mary Cariola Childrens Center Inc:

  • Consistent revenue growth over the past decade, from $25,987,750 in 201406 to $40,851,140 in 202306.
  • Healthy financial surpluses in most years, demonstrating sound financial management (e.g., $622,289 surplus in 202306).
  • Significant growth in assets, from $18,550,435 in 201406 to $29,346,476 in 202306, indicating a strong balance sheet.
  • Expenses closely track revenue, suggesting efficient deployment of funds towards programmatic activities.

Frequently Asked Questions about Mary Cariola Childrens Center Inc

Is Mary Cariola Childrens Center Inc a legitimate charity?

Mary Cariola Childrens Center Inc (EIN: 160771078) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 88/100. It has 13 years of IRS 990 filings on record. Total revenue: $47.9M. 1 red flag identified. 4 strengths noted. Financial health grade: A.

How does Mary Cariola Childrens Center Inc spend its money?

Mary Cariola Childrens Center Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Mary Cariola Childrens Center Inc tax-deductible?

Mary Cariola Childrens Center Inc is registered as a tax-exempt nonprofit (EIN: 160771078). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Mary Cariola Childrens Center Inc CEO make?

Mary Cariola Childrens Center Inc's highest-compensated officer earns $40M annually. The organization reported $47.9M in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of Mary Cariola Childrens Center Inc's spending goes to programs?

Mary Cariola Childrens Center Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

Where is Mary Cariola Childrens Center Inc located?

Mary Cariola Childrens Center Inc is headquartered in Rochester, New York and files with the IRS under EIN 160771078.

How many years of IRS 990 filings does Mary Cariola Childrens Center Inc have?

Mary Cariola Childrens Center 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 $47.9M in total revenue.

Is Mary Cariola Childrens Center Inc a good charity?

Based on its consistent revenue growth, healthy financial surpluses, and increasing asset base, Mary Cariola Childrens Center Inc appears to be a financially sound organization. Its ability to manage expenses closely to revenue suggests efficient use of funds towards its mission.

How has the organization's financial health changed over the last decade?

The organization has shown significant financial growth over the last decade. Revenue increased from $25,987,750 in 201406 to $40,851,140 in 202306, and assets grew from $18,550,435 to $29,346,476 in the same period, indicating robust expansion and financial stability.

What is the organization's approach to executive compensation?

The provided IRS 990 data consistently reports 0% officer compensation. This is an unusual finding for an organization with over $40 million in annual revenue and warrants further investigation into how executive leadership is compensated, or if it is entirely volunteer-based.

Filing History

IRS 990 filing history for Mary Cariola Childrens Center Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Mary Cariola Childrens Center Inc's revenue has grown by 59.2%, moving from $25.7M to $40.9M. Total assets increased by 93.4% over the same period, from $15.2M to $29.3M. Total functional expenses rose by 54.8%, from $26.0M to $40.2M. In its most recent filing year (2023), Mary Cariola Childrens Center Inc reported a surplus of $622K, with revenue exceeding expenses. The organization holds $18.0M in liabilities against $29.3M in assets (debt-to-asset ratio: 61.3%), resulting in net assets of $11.4M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $40.9M $40.2M $29.3M $18.0M
2022 $46.2M $44.4M $28.8M $14.0M View 990
2021 $38.5M $37.1M $32.5M $20.0M View 990
2020 $37.1M $36.9M $28.9M $22.7M View 990
2019 $35.8M $34.4M $24.0M $14.5M View 990
2018 $33.6M $33.5M $22.5M $13.0M View 990
2017 $31.7M $31.2M $21.0M $13.8M View 990
2016 $29.5M $29.1M $20.0M $13.6M View 990
2015 $28.2M $27.2M $20.4M $11.5M View 990
2014 $26.0M $25.4M $18.6M $9.6M View 990
2013 $24.5M $24.4M $17.2M $8.4M View 990
2012 $25.7M $25.0M $16.2M $9.6M View 990
2011 $25.7M $26.0M $15.2M $4.4M View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $40.9M, expenses of $40.2M, and assets of $29.3M (revenue -11.5% year-over-year).
  • 2022: Revenue of $46.2M, expenses of $44.4M, and assets of $28.8M (revenue +20.0% year-over-year).
  • 2021: Revenue of $38.5M, expenses of $37.1M, and assets of $32.5M (revenue +3.6% year-over-year).
  • 2020: Revenue of $37.1M, expenses of $36.9M, and assets of $28.9M (revenue +3.8% year-over-year).
  • 2019: Revenue of $35.8M, expenses of $34.4M, and assets of $24.0M (revenue +6.5% year-over-year).
  • 2018: Revenue of $33.6M, expenses of $33.5M, and assets of $22.5M (revenue +5.9% year-over-year).
  • 2017: Revenue of $31.7M, expenses of $31.2M, and assets of $21.0M (revenue +7.6% year-over-year).
  • 2016: Revenue of $29.5M, expenses of $29.1M, and assets of $20.0M (revenue +4.5% year-over-year).
  • 2015: Revenue of $28.2M, expenses of $27.2M, and assets of $20.4M (revenue +8.5% year-over-year).
  • 2014: Revenue of $26.0M, expenses of $25.4M, and assets of $18.6M (revenue +6.0% year-over-year).
  • 2013: Revenue of $24.5M, expenses of $24.4M, and assets of $17.2M (revenue -4.5% year-over-year).
  • 2012: Revenue of $25.7M, expenses of $25.0M, and assets of $16.2M (revenue +-0.0% year-over-year).
  • 2011: Revenue of $25.7M, expenses of $26.0M, and assets of $15.2M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Mary Cariola Childrens Center Inc:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Mary Cariola Childrens Center 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.

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