Middlefield Childrens Center Inc
EIN: 61245399 · Middlefield, CT
Is Middlefield Childrens Center Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Middlefield Childrens Center Inc
Middlefield Childrens Center Inc (EIN: 61245399) is a nonprofit organization based in Middlefield, CT. The organization reported total revenue of $382K and total assets of $34K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Middlefield Childrens Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Middlefield Childrens Center Inc is a small nonprofit that has been operating for 37 years, with 11 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 14.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $440K |
| Total Expenses | $475K |
| Surplus / Deficit | $-35,696 |
| Total Assets | $62K |
| Total Liabilities | $58K |
| Net Assets | $5K |
| Operating Margin | -8.1% |
| Debt-to-Asset Ratio | 92.5% |
| Months of Reserves | 1.6 months |
Financial Health Grade: D
In 2023, Middlefield Childrens Center Inc reported a deficit of $36K with expenses exceeding revenue, holds 1.6 months of operating reserves (limited), has a debt-to-asset ratio of 92.5% (high leverage).
Financial Trends
Over 11 years of filings (2011–2023), Middlefield Childrens Center Inc's revenue has grown at a compound annual growth rate (CAGR) of 14.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -2.8% | +1.4% | -42.2% |
| 2022 | +13.8% | +23.5% | -10.1% |
| 2021 | +122.3% | +34.1% | +11.9% |
| 2020 | -43.9% | -14.6% | -36.5% |
| 2019 | -12.8% | +14.9% | -8.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1989 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Middlefield Childrens Center Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Middlefield Childrens Center Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $36K, with expenses exceeding revenue.
- Debt-to-asset ratio: 92.5%.
Frequently Asked Questions about Middlefield Childrens Center Inc
Is Middlefield Childrens Center Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Middlefield Childrens Center Inc (EIN: 61245399) insufficient data. 0 red flags identified, 0 strengths noted.
How does Middlefield Childrens Center Inc spend its money?
Detailed spending breakdown data is not yet available for Middlefield Childrens Center Inc. Check back for updated IRS 990 analysis.
Are donations to Middlefield Childrens Center Inc tax-deductible?
Middlefield Childrens Center Inc is registered as a tax-exempt nonprofit (EIN: 61245399). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Middlefield Childrens Center Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2023), Middlefield Childrens Center Inc's revenue has grown by 382.3%, moving from $91K to $440K. Total assets increased by 468.5% over the same period, from $11K to $62K. Total functional expenses rose by 416.9%, from $92K to $475K. In its most recent filing year (2023), Middlefield Childrens Center Inc reported a deficit of $36K, with expenses exceeding revenue. The organization holds $58K in liabilities against $62K in assets (debt-to-asset ratio: 92.5%), resulting in net assets of $5K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $440K | $475K | $62K | $58K | — | View 990 |
| 2022 | $452K | $469K | $108K | $68K | — | View 990 |
| 2021 | $397K | $379K | $120K | $64K | — | — |
| 2020 | $179K | $283K | $107K | $59K | — | View 990 |
| 2019 | $319K | $331K | $169K | $13K | — | View 990 |
| 2018 | $366K | $289K | $185K | $16K | — | View 990 |
| 2017 | $256K | $211K | $108K | $17K | — | View 990 |
| 2016 | $175K | $148K | $61K | $6K | — | View 990 |
| 2014 | $153K | $137K | $19K | $0 | — | View 990 |
| 2013 | $95K | $100K | $3K | $0 | — | View 990 |
| 2011 | $91K | $92K | $11K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $440K, expenses of $475K, and assets of $62K (revenue -2.8% year-over-year).
- 2022: Revenue of $452K, expenses of $469K, and assets of $108K (revenue +13.8% year-over-year).
- 2021: Revenue of $397K, expenses of $379K, and assets of $120K (revenue +122.3% year-over-year).
- 2020: Revenue of $179K, expenses of $283K, and assets of $107K (revenue -43.9% year-over-year).
- 2019: Revenue of $319K, expenses of $331K, and assets of $169K (revenue -12.8% year-over-year).
- 2018: Revenue of $366K, expenses of $289K, and assets of $185K (revenue +42.6% year-over-year).
- 2017: Revenue of $256K, expenses of $211K, and assets of $108K (revenue +46.5% year-over-year).
- 2016: Revenue of $175K, expenses of $148K, and assets of $61K (revenue +14.5% year-over-year).
- 2014: Revenue of $153K, expenses of $137K, and assets of $19K (revenue +60.9% year-over-year).
- 2013: Revenue of $95K, expenses of $100K, and assets of $3K (revenue +4.2% year-over-year).
- 2011: Revenue of $91K, expenses of $92K, and assets of $11K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Middlefield Childrens Center Inc:
Data Sources and Methodology
This transparency report for Middlefield 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.