Mendham Cooperative Nursery School
Mendham Cooperative Nursery School: Consistent Operations, Modest Reserves
EIN: 221658958 · Mendham, NJ · NTEE: B21Z · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $210K |
| Total Expenses | $199K |
| Program Spending | 85% |
| Net Assets | $77K |
| Transparency Score | 75/100 |
Is Mendham Cooperative Nursery School Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mendham Cooperative Nursery School directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mendham Cooperative Nursery School
Mendham Cooperative Nursery School (EIN: 221658958) is a nonprofit organization based in Mendham, NJ, classified under NTEE code B21Z. The organization reported total revenue of $210K and total assets of $125K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mendham Cooperative Nursery School's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mendham Cooperative Nursery School is a small nonprofit that has been operating for 52 years, with 12 years of IRS 990 filings on record (2012–2023). 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 | $200K |
| Total Expenses | $199K |
| Surplus / Deficit | +$1K |
| Total Assets | $100K |
| Total Liabilities | $23K |
| Net Assets | $77K |
| Operating Margin | 0.6% |
| Debt-to-Asset Ratio | 23.2% |
| Months of Reserves | 6.0 months |
Financial Health Grade: A
In 2023, Mendham Cooperative Nursery School reported a surplus of $1K with revenue exceeding expenses, holds 6.0 months of operating reserves (strong position), has a debt-to-asset ratio of 23.2% (moderate leverage).
Financial Trends
Over 12 years of filings (2012–2023), Mendham Cooperative Nursery School's revenue has declined at a compound annual growth rate (CAGR) of -1.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +7.0% | +6.8% | +1.1% |
| 2022 | +104.5% | +63.7% | +0.7% |
| 2021 | -37.6% | -33.2% | -18.5% |
| 2020 | -21.3% | -6.9% | -0.4% |
| 2019 | +6.9% | +23.1% | +2.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1974 |
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 Mendham Cooperative Nursery School 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, Mendham Cooperative Nursery School 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 $1K, with revenue exceeding expenses.
- Debt-to-asset ratio: 23.2%.
Executive Compensation Analysis
Executive compensation is not reported in the provided data, suggesting it is below the threshold for disclosure or not applicable for this organization.
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 Mendham Cooperative Nursery School's IRS 990 filings:
- Limited detailed breakdown of program vs. administrative expenses in provided data.
- Reliance on tuition/fees for revenue, which can be susceptible to enrollment fluctuations.
Strengths
The following positive indicators were identified for Mendham Cooperative Nursery School:
- Consistent operational history over several years.
- Maintains a stable asset base relative to its size.
- Low liability, indicating good financial health.
Frequently Asked Questions about Mendham Cooperative Nursery School
Is Mendham Cooperative Nursery School a legitimate charity?
Mendham Cooperative Nursery School (EIN: 221658958) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 75/100. It has 12 years of IRS 990 filings on record. Total revenue: $210K. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does Mendham Cooperative Nursery School spend its money?
Mendham Cooperative Nursery School directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Mendham Cooperative Nursery School tax-deductible?
Mendham Cooperative Nursery School is registered as a tax-exempt nonprofit (EIN: 221658958). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Mendham Cooperative Nursery School's spending goes to programs?
Mendham Cooperative Nursery School directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Mendham Cooperative Nursery School compare to similar nonprofits?
With a transparency score of 75/100 (Good), Mendham Cooperative Nursery School is above average for NTEE category B21Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Mendham Cooperative Nursery School located?
Mendham Cooperative Nursery School is headquartered in Mendham, New Jersey and files with the IRS under EIN 221658958. It is classified under NTEE code B21Z.
How many years of IRS 990 filings does Mendham Cooperative Nursery School have?
Mendham Cooperative Nursery School 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 $210K in total revenue.
What does Mendham Cooperative Nursery School do?
Mendham Cooperative Nursery School is a nonprofit organization in the Education sector, located in Mendham, New Jersey. It is classified under NTEE code B21Z.
How much revenue does Mendham Cooperative Nursery School have?
Mendham Cooperative Nursery School reported total revenue of $210,202. Based on 12 IRS 990 filings on record.
What are Mendham Cooperative Nursery School's total assets?
Mendham Cooperative Nursery School holds total assets of $125,275 as reported in IRS 990 filings.
Where is Mendham Cooperative Nursery School located?
Mendham Cooperative Nursery School is based in Mendham, New Jersey.
What is Mendham Cooperative Nursery School's EIN?
Mendham Cooperative Nursery School's Employer Identification Number (EIN) is 221658958. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Mendham Cooperative Nursery School?
Mendham Cooperative Nursery School is classified under NTEE code B21Z (Education).
Is Mendham Cooperative Nursery School a registered 501(c)(3)?
Yes, Mendham Cooperative Nursery School is recognized as a tax-exempt organization by the IRS. EIN: 221658958.
Does Mendham Cooperative Nursery School file IRS Form 990?
Yes, Mendham Cooperative Nursery School has 12 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Mendham Cooperative Nursery School's revenue in 2023?
In the 202306 filing period, Mendham Cooperative Nursery School reported total revenue of $200,152, total expenses of $199,045, and net assets of $100,105.
Is Mendham Cooperative Nursery School's revenue growing or declining?
Mendham Cooperative Nursery School's revenue is growing. Revenue went from $187,082 (202206) to $200,152 (202306), a +7.0% change. Based on 12 filings on record.
What is Mendham Cooperative Nursery School's most recent 990 filing?
The most recent IRS Form 990 filing for Mendham Cooperative Nursery School covers tax period 202306. It shows revenue of $200,152, expenses of $199,045, total assets of $100,105, and liabilities of $23,242.
How much does Mendham Cooperative Nursery School spend on programs vs administration?
Based on IRS 990 analysis, Mendham Cooperative Nursery School allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Mendham Cooperative Nursery School a trustworthy charity?
Based on AI analysis of IRS 990 data, Mendham Cooperative Nursery School appears trustworthy. Mission Score: 75/100 (Good). 2 red flags identified. 3 strengths noted.
What are the red flags for Mendham Cooperative Nursery School?
The following concerns were identified: Limited detailed breakdown of program vs. administrative expenses in provided data.. Reliance on tuition/fees for revenue, which can be susceptible to enrollment fluctuations.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Mendham Cooperative Nursery School's strengths?
Positive indicators for Mendham Cooperative Nursery School include: Consistent operational history over several years.. Maintains a stable asset base relative to its size.. Low liability, indicating good financial health.. These findings are derived from AI analysis of the organization's financial filings.
How does Mendham Cooperative Nursery School compensate executives?
Executive compensation is not reported in the provided data, suggesting it is below the threshold for disclosure or not applicable for this organization. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does the organization manage to maintain consistent operations despite fluctuating revenues, such as the drop from $187,082 in 2022 to $91,502 in 2021?
The organization appears to manage fluctuations by maintaining a lean operational structure and potentially drawing on reserves or adjusting program offerings. For instance, expenses also decreased significantly from $186,365 in 2022 to $113,815 in 2021, indicating adaptive cost management.
What is the nature of the 'l' (liability) reported as $23,242 in recent years, and how does it impact the school's financial flexibility?
The consistent liability of $23,242 from 2020 to 2023 suggests a recurring obligation, possibly a lease or a specific long-term payable. While not excessively high relative to assets, understanding its nature would clarify any potential constraints on financial flexibility.
Filing History
IRS 990 filing history for Mendham Cooperative Nursery School showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Mendham Cooperative Nursery School's revenue has declined by 10.7%, moving from $224K to $200K. Total assets decreased by 49% over the same period, from $196K to $100K. Total functional expenses fell by 1.4%, from $202K to $199K. In its most recent filing year (2023), Mendham Cooperative Nursery School reported a surplus of $1K, with revenue exceeding expenses. The organization holds $23K in liabilities against $100K in assets (debt-to-asset ratio: 23.2%), resulting in net assets of $77K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $200K | $199K | $100K | $23K | — | View 990 |
| 2022 | $187K | $186K | $99K | $23K | — | View 990 |
| 2021 | $92K | $114K | $98K | $23K | — | View 990 |
| 2020 | $147K | $170K | $121K | $23K | — | View 990 |
| 2019 | $186K | $183K | $121K | $0 | — | View 990 |
| 2018 | $174K | $149K | $118K | $0 | — | View 990 |
| 2017 | $145K | $171K | $92K | $0 | — | View 990 |
| 2016 | $186K | $202K | $118K | $0 | — | View 990 |
| 2015 | $189K | $222K | $134K | $0 | — | View 990 |
| 2014 | $236K | $238K | $168K | $0 | — | View 990 |
| 2013 | $249K | $275K | $170K | $0 | — | View 990 |
| 2012 | $224K | $202K | $196K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $200K, expenses of $199K, and assets of $100K (revenue +7.0% year-over-year).
- 2022: Revenue of $187K, expenses of $186K, and assets of $99K (revenue +104.5% year-over-year).
- 2021: Revenue of $92K, expenses of $114K, and assets of $98K (revenue -37.6% year-over-year).
- 2020: Revenue of $147K, expenses of $170K, and assets of $121K (revenue -21.3% year-over-year).
- 2019: Revenue of $186K, expenses of $183K, and assets of $121K (revenue +6.9% year-over-year).
- 2018: Revenue of $174K, expenses of $149K, and assets of $118K (revenue +20.2% year-over-year).
- 2017: Revenue of $145K, expenses of $171K, and assets of $92K (revenue -22.0% year-over-year).
- 2016: Revenue of $186K, expenses of $202K, and assets of $118K (revenue -1.5% year-over-year).
- 2015: Revenue of $189K, expenses of $222K, and assets of $134K (revenue -20.2% year-over-year).
- 2014: Revenue of $236K, expenses of $238K, and assets of $168K (revenue -5.1% year-over-year).
- 2013: Revenue of $249K, expenses of $275K, and assets of $170K (revenue +11.0% year-over-year).
- 2012: Revenue of $224K, expenses of $202K, and assets of $196K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mendham Cooperative Nursery School:
Data Sources and Methodology
This transparency report for Mendham Cooperative Nursery School 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.