Methodist Fam Center Preschool Inc
Methodist Fam Center Preschool Inc maintains stable finances with no reported officer compensation.
EIN: 10713045 · Darien, CT · NTEE: P30 · Updated: 2026-03-27
Is Methodist Fam Center Preschool Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Methodist Fam Center Preschool Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Methodist Fam Center Preschool Inc
Methodist Fam Center Preschool Inc (EIN: 10713045) is a nonprofit organization based in Darien, CT, classified under NTEE code P30. The organization reported total revenue of $1.1M and total assets of $893K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Methodist Fam Center Preschool Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Methodist Fam Center Preschool Inc is a mid-size nonprofit that has been operating for 24 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $916K |
| Total Expenses | $938K |
| Surplus / Deficit | $-21,234 |
| Total Assets | $803K |
| Total Liabilities | $721K |
| Net Assets | $82K |
| Operating Margin | -2.3% |
| Debt-to-Asset Ratio | 89.8% |
| Months of Reserves | 10.3 months |
Financial Health Grade: C
In 2023, Methodist Fam Center Preschool Inc reported a deficit of $21K with expenses exceeding revenue, holds 10.3 months of operating reserves (strong position), has a debt-to-asset ratio of 89.8% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Methodist Fam Center Preschool Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -23.0% | -14.1% | +2.6% |
| 2022 | +5.0% | +10.5% | +1.3% |
| 2021 | +53.4% | +6.6% | +22.9% |
| 2020 | +1.4% | -0.7% | -8.6% |
| 2019 | -8.0% | -1.2% | -14.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2002 |
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 Methodist Fam Center 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, Methodist Fam Center 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 $21K, with expenses exceeding revenue.
- Debt-to-asset ratio: 89.8%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either volunteer-based or compensated through means not classified as officer compensation, which is highly favorable for a nonprofit of its 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 Methodist Fam Center Preschool Inc's IRS 990 filings:
- Occasional operating deficits, such as in 202308 where expenses ($937,568) exceeded revenue ($916,334).
Strengths
The following positive indicators were identified for Methodist Fam Center Preschool Inc:
- Consistent reporting of 0% officer compensation, indicating high efficiency and transparency.
- Stable asset base, with assets generally ranging from $700,000 to $1 million over the past decade.
- Consistent revenue generation, demonstrating a reliable funding stream for its operations.
- Strong program focus implied by the absence of reported fundraising expenses and officer compensation.
Frequently Asked Questions about Methodist Fam Center Preschool Inc
Is Methodist Fam Center Preschool Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Methodist Fam Center Preschool Inc (EIN: 10713045) some concerns. Mission Score: 92/100. 1 red flag identified, 4 strengths noted.
How does Methodist Fam Center Preschool Inc spend its money?
Methodist Fam Center Preschool Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Methodist Fam Center Preschool Inc tax-deductible?
Methodist Fam Center Preschool Inc is registered as a tax-exempt nonprofit (EIN: 10713045). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Methodist Fam Center Preschool Inc a good charity?
Based on the available IRS 990 data, Methodist Fam Center Preschool Inc appears to be a well-managed organization. It consistently reports no officer compensation, suggesting a strong commitment to directing funds towards its mission. Its program spending is likely very high given the lack of reported fundraising or executive compensation, which is a positive indicator for a 'good charity'.
How has the organization's financial health changed over time?
The organization has shown consistent revenue generation, generally between $700,000 and $1.2 million annually. While there have been periods of deficits (e.g., 202308, 202008, 201908, 201808), it has also experienced surpluses (e.g., 202208, 202108, 201708, 201608). Assets have remained relatively stable, fluctuating around $700,000 to $1 million, indicating a resilient financial base.
What is the organization's approach to executive compensation?
Methodist Fam Center Preschool Inc reports 0% officer compensation in all available filings, which is a highly transparent and efficient approach, suggesting that executive roles may be volunteer or compensated through non-officer salary means.
Filing History
IRS 990 filing history for Methodist Fam Center Preschool Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Methodist Fam Center Preschool Inc's revenue has grown by 110.7%, moving from $435K to $916K. Total assets increased by 64% over the same period, from $489K to $803K. Total functional expenses rose by 74%, from $539K to $938K. In its most recent filing year (2023), Methodist Fam Center Preschool Inc reported a deficit of $21K, with expenses exceeding revenue. The organization holds $721K in liabilities against $803K in assets (debt-to-asset ratio: 89.8%), resulting in net assets of $82K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $916K | $938K | $803K | $721K | — | View 990 |
| 2022 | $1.2M | $1.1M | $782K | $679K | — | View 990 |
| 2021 | $1.1M | $987K | $772K | $768K | — | View 990 |
| 2020 | $739K | $926K | $628K | $771K | — | View 990 |
| 2019 | $729K | $932K | $687K | $643K | — | View 990 |
| 2018 | $792K | $944K | $804K | $555K | — | View 990 |
| 2017 | $712K | $688K | $1.0M | $616K | — | View 990 |
| 2016 | $793K | $655K | $943K | $553K | — | View 990 |
| 2015 | $726K | $673K | $855K | $602K | — | View 990 |
| 2014 | $629K | $581K | $744K | $544K | — | View 990 |
| 2013 | $616K | $569K | $652K | $388K | — | View 990 |
| 2012 | $572K | $594K | $584K | $367K | — | View 990 |
| 2011 | $435K | $539K | $489K | $360K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $916K, expenses of $938K, and assets of $803K (revenue -23.0% year-over-year).
- 2022: Revenue of $1.2M, expenses of $1.1M, and assets of $782K (revenue +5.0% year-over-year).
- 2021: Revenue of $1.1M, expenses of $987K, and assets of $772K (revenue +53.4% year-over-year).
- 2020: Revenue of $739K, expenses of $926K, and assets of $628K (revenue +1.4% year-over-year).
- 2019: Revenue of $729K, expenses of $932K, and assets of $687K (revenue -8.0% year-over-year).
- 2018: Revenue of $792K, expenses of $944K, and assets of $804K (revenue +11.2% year-over-year).
- 2017: Revenue of $712K, expenses of $688K, and assets of $1.0M (revenue -10.2% year-over-year).
- 2016: Revenue of $793K, expenses of $655K, and assets of $943K (revenue +9.2% year-over-year).
- 2015: Revenue of $726K, expenses of $673K, and assets of $855K (revenue +15.4% year-over-year).
- 2014: Revenue of $629K, expenses of $581K, and assets of $744K (revenue +2.2% year-over-year).
- 2013: Revenue of $616K, expenses of $569K, and assets of $652K (revenue +7.6% year-over-year).
- 2012: Revenue of $572K, expenses of $594K, and assets of $584K (revenue +31.6% year-over-year).
- 2011: Revenue of $435K, expenses of $539K, and assets of $489K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Methodist Fam Center Preschool Inc:
Data Sources and Methodology
This transparency report for Methodist Fam Center 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.