Merri Loo Community Preschool Inc
Merri Loo Community Preschool Inc maintains stable finances with consistent revenue and no reported officer compensation.
EIN: 20275201 · Goffstown, NH · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $134K |
| Total Expenses | $87K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $84,239 |
| Net Assets | $64K |
| Transparency Score | 92/100 |
Is Merri Loo Community Preschool Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Merri Loo Community Preschool Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Merri Loo Community Preschool Inc
Merri Loo Community Preschool Inc (EIN: 20275201) is a nonprofit organization based in Goffstown, NH. The organization reported total revenue of $134K and total assets of $70K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Merri Loo Community Preschool Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Merri Loo Community Preschool Inc is a small nonprofit that has been operating for 57 years, with 11 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 2.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $84K |
| Total Expenses | $87K |
| Surplus / Deficit | $-2,321 |
| Total Assets | $64K |
| Net Assets | $64K |
| Operating Margin | -2.8% |
| Months of Reserves | 8.8 months |
Financial Health Grade: B
In 2023, Merri Loo Community Preschool Inc reported a deficit of $2K with expenses exceeding revenue, holds 8.8 months of operating reserves (strong position).
Financial Trends
Over 11 years of filings (2012–2023), Merri Loo Community Preschool Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +14.3% | +8.5% | -3.5% |
| 2022 | +4.0% | +77.4% | -8.5% |
| 2021 | +2.2% | -30.9% | -15.6% |
| 2019 | +5.4% | +3.1% | +5.2% |
| 2018 | -12.9% | -1.5% | +3.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1969 |
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 Merri Loo Community Preschool Inc with a Mission Score of 92 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: 90%
- fundraising: 0%
According to IRS 990 filings, Merri Loo Community Preschool Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 deficit of $2K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through other means not classified as officer compensation, which is highly efficient for an organization of its size (latest revenue $84,239).
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.
Strengths
The following positive indicators were identified for Merri Loo Community Preschool Inc:
- Zero reported officer compensation across all filings, indicating high efficiency.
- Consistent financial reporting with 11 IRS 990 filings, demonstrating transparency.
- Minimal to zero liabilities reported in most recent periods, indicating strong financial health.
- Stable asset base (e.g., $63,811 in 202306) relative to its operational size.
- Consistent revenue growth over the past decade, from $55,788 in 201306 to $84,239 in 202306.
Frequently Asked Questions about Merri Loo Community Preschool Inc
Is Merri Loo Community Preschool Inc a legitimate charity?
Merri Loo Community Preschool Inc (EIN: 20275201) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 92/100. It has 11 years of IRS 990 filings on record. Total revenue: $134K. No red flags identified. 5 strengths noted. Financial health grade: B.
How does Merri Loo Community Preschool Inc spend its money?
Merri Loo Community Preschool Inc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Merri Loo Community Preschool Inc tax-deductible?
Merri Loo Community Preschool Inc is registered as a tax-exempt nonprofit (EIN: 20275201). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Merri Loo Community Preschool Inc CEO make?
Merri Loo Community Preschool Inc's highest-compensated officer earns $84,239 annually. The organization reported $134K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
Where is Merri Loo Community Preschool Inc located?
Merri Loo Community Preschool Inc is headquartered in Goffstown, New Hampshire and files with the IRS under EIN 20275201.
How many years of IRS 990 filings does Merri Loo Community Preschool Inc have?
Merri Loo Community Preschool Inc has 11 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 $134K in total revenue.
Is Merri Loo Community Preschool Inc a good charity?
Based on the available IRS 990 data, Merri Loo Community Preschool Inc appears to be a good charity. It demonstrates financial stability, consistent operations, and a strong commitment to its mission, evidenced by zero reported officer compensation and minimal liabilities.
How does Merri Loo Community Preschool Inc manage its finances?
The organization manages its finances prudently, maintaining a stable asset base (e.g., $63,811 in 202306) and consistently reporting zero liabilities in most recent periods. While some years show slight operational deficits (e.g., $84,239 revenue vs. $86,560 expenses in 202306), these are minor and do not impact its overall stability.
What is the trend in Merri Loo Community Preschool Inc's revenue?
Merri Loo Community Preschool Inc has shown a general upward trend in revenue over the past decade, growing from $55,788 in 201306 to $84,239 in 202306, indicating steady growth and community support.
Filing History
IRS 990 filing history for Merri Loo Community Preschool Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2012–2023), Merri Loo Community Preschool Inc's revenue has grown by 31.1%, moving from $64K to $84K. Total assets increased by 13.1% over the same period, from $56K to $64K. Total functional expenses rose by 59.4%, from $54K to $87K. In its most recent filing year (2023), Merri Loo Community Preschool Inc reported a deficit of $2K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $84K | $87K | $64K | $0 | — | View 990 |
| 2022 | $74K | $80K | $66K | $0 | — | View 990 |
| 2021 | $71K | $45K | $72K | $1K | — | — |
| 2019 | $69K | $65K | $86K | $0 | — | View 990 |
| 2018 | $66K | $63K | $81K | $0 | — | — |
| 2017 | $76K | $64K | $79K | $0 | — | View 990 |
| 2016 | $66K | $58K | $67K | $0 | — | View 990 |
| 2015 | $58K | $53K | $59K | $0 | — | View 990 |
| 2014 | $56K | $55K | $54K | $0 | — | View 990 |
| 2013 | $56K | $60K | $52K | $0 | — | View 990 |
| 2012 | $64K | $54K | $56K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $84K, expenses of $87K, and assets of $64K (revenue +14.3% year-over-year).
- 2022: Revenue of $74K, expenses of $80K, and assets of $66K (revenue +4.0% year-over-year).
- 2021: Revenue of $71K, expenses of $45K, and assets of $72K (revenue +2.2% year-over-year).
- 2019: Revenue of $69K, expenses of $65K, and assets of $86K (revenue +5.4% year-over-year).
- 2018: Revenue of $66K, expenses of $63K, and assets of $81K (revenue -12.9% year-over-year).
- 2017: Revenue of $76K, expenses of $64K, and assets of $79K (revenue +15.2% year-over-year).
- 2016: Revenue of $66K, expenses of $58K, and assets of $67K (revenue +12.3% year-over-year).
- 2015: Revenue of $58K, expenses of $53K, and assets of $59K (revenue +3.5% year-over-year).
- 2014: Revenue of $56K, expenses of $55K, and assets of $54K (revenue +1.1% year-over-year).
- 2013: Revenue of $56K, expenses of $60K, and assets of $52K (revenue -13.2% year-over-year).
- 2012: Revenue of $64K, expenses of $54K, and assets of $56K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Merri Loo Community Preschool Inc:
Data Sources and Methodology
This transparency report for Merri Loo Community Preschool 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.