Millburn Township Cooperative Nursery School
Millburn Township Cooperative Nursery School: Strong Program Focus, Limited Transparency
EIN: 222032928 · Millburn, NJ · NTEE: B21Z · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $630K |
| Total Expenses | $593K |
| Program Spending | 85% |
| Net Assets | $337K |
| Transparency Score | 85/100 |
Is Millburn Township 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 →
Millburn Township Cooperative Nursery School directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Millburn Township Cooperative Nursery School
Millburn Township Cooperative Nursery School (EIN: 222032928) is a nonprofit organization based in Millburn, NJ, classified under NTEE code B21Z. The organization reported total revenue of $630K and total assets of $374K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Millburn Township Cooperative Nursery School's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Millburn Township Cooperative Nursery School is a small nonprofit that has been operating for 52 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 10.5%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $591K |
| Total Expenses | $593K |
| Surplus / Deficit | $-1,924 |
| Total Assets | $337K |
| Net Assets | $337K |
| Operating Margin | -0.3% |
| Months of Reserves | 6.8 months |
Financial Health Grade: B
In 2024, Millburn Township Cooperative Nursery School reported a deficit of $2K with expenses exceeding revenue, holds 6.8 months of operating reserves (strong position).
Financial Trends
Over 14 years of filings (2011–2024), Millburn Township Cooperative Nursery School's revenue has grown at a compound annual growth rate (CAGR) of 10.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +12.6% | +8.9% | -1.3% |
| 2023 | -14.1% | +10.2% | -5.5% |
| 2022 | +56.1% | +34.5% | +48.3% |
| 2021 | +18.1% | +6.7% | +10.1% |
| 2020 | +54.3% | +73.8% | -4.8% |
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 Millburn Township Cooperative Nursery School with a Mission Score of 85 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, Millburn Township 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 (2024)
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 not reported in public filings, suggesting it is below the threshold for disclosure or that the organization relies heavily on volunteer leadership.
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 Millburn Township Cooperative Nursery School's IRS 990 filings:
- Lack of easily accessible detailed program impact reports.
- No public website found to provide additional organizational information or mission details.
- Limited information on board governance and specific policies.
Strengths
The following positive indicators were identified for Millburn Township Cooperative Nursery School:
- Consistent revenue growth over the past several years, indicating stable community support.
- Strong asset base relative to annual expenses, suggesting financial stability.
- Low liabilities reported across all available filings, demonstrating fiscal prudence.
Frequently Asked Questions about Millburn Township Cooperative Nursery School
Is Millburn Township Cooperative Nursery School a legitimate charity?
Based on AI analysis of IRS 990 filings, Millburn Township Cooperative Nursery School (EIN: 222032928) some concerns. Mission Score: 85/100. 3 red flags identified, 3 strengths noted.
How does Millburn Township Cooperative Nursery School spend its money?
Millburn Township Cooperative Nursery School directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Millburn Township Cooperative Nursery School tax-deductible?
Millburn Township Cooperative Nursery School is registered as a tax-exempt nonprofit (EIN: 222032928). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Millburn Township Cooperative Nursery School's spending goes to programs?
Millburn Township Cooperative Nursery School directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Millburn Township Cooperative Nursery School compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Millburn Township 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 Millburn Township Cooperative Nursery School located?
Millburn Township Cooperative Nursery School is headquartered in Millburn, New Jersey and files with the IRS under EIN 222032928. It is classified under NTEE code B21Z.
How many years of IRS 990 filings does Millburn Township Cooperative Nursery School have?
Millburn Township Cooperative Nursery School has 14 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 $630K in total revenue.
What does Millburn Township Cooperative Nursery School do?
Millburn Township Cooperative Nursery School is a nonprofit organization in the Education sector, located in Millburn, New Jersey. It is classified under NTEE code B21Z.
How much revenue does Millburn Township Cooperative Nursery School have?
Millburn Township Cooperative Nursery School reported total revenue of $630,328. Based on 14 IRS 990 filings on record.
What are Millburn Township Cooperative Nursery School's total assets?
Millburn Township Cooperative Nursery School holds total assets of $374,440 as reported in IRS 990 filings.
Where is Millburn Township Cooperative Nursery School located?
Millburn Township Cooperative Nursery School is based in Millburn, New Jersey.
What is Millburn Township Cooperative Nursery School's EIN?
Millburn Township Cooperative Nursery School's Employer Identification Number (EIN) is 222032928. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Millburn Township Cooperative Nursery School?
Millburn Township Cooperative Nursery School is classified under NTEE code B21Z (Education).
Is Millburn Township Cooperative Nursery School a registered 501(c)(3)?
Yes, Millburn Township Cooperative Nursery School is recognized as a tax-exempt organization by the IRS. EIN: 222032928.
Does Millburn Township Cooperative Nursery School file IRS Form 990?
Yes, Millburn Township Cooperative Nursery School has 14 IRS Form 990 filings on record. The most recent covers tax period 202406.
What was Millburn Township Cooperative Nursery School's revenue in 2024?
In the 202406 filing period, Millburn Township Cooperative Nursery School reported total revenue of $590,882, total expenses of $592,806, and net assets of $336,800.
Is Millburn Township Cooperative Nursery School's revenue growing or declining?
Millburn Township Cooperative Nursery School's revenue is growing. Revenue went from $524,574 (202306) to $590,882 (202406), a +12.6% change. Based on 14 filings on record.
What is Millburn Township Cooperative Nursery School's most recent 990 filing?
The most recent IRS Form 990 filing for Millburn Township Cooperative Nursery School covers tax period 202406. It shows revenue of $590,882, expenses of $592,806, total assets of $336,800, and liabilities of N/A.
How much does Millburn Township Cooperative Nursery School spend on programs vs administration?
Based on IRS 990 analysis, Millburn Township 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 Millburn Township Cooperative Nursery School a trustworthy charity?
Based on AI analysis of IRS 990 data, Millburn Township Cooperative Nursery School appears trustworthy. Mission Score: 85/100 (Excellent). 3 red flags identified. 3 strengths noted.
What are the red flags for Millburn Township Cooperative Nursery School?
The following concerns were identified: Lack of easily accessible detailed program impact reports.. No public website found to provide additional organizational information or mission details.. Limited information on board governance and specific policies.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Millburn Township Cooperative Nursery School's strengths?
Positive indicators for Millburn Township Cooperative Nursery School include: Consistent revenue growth over the past several years, indicating stable community support.. Strong asset base relative to annual expenses, suggesting financial stability.. Low liabilities reported across all available filings, demonstrating fiscal prudence.. These findings are derived from AI analysis of the organization's financial filings.
How does Millburn Township Cooperative Nursery School compensate executives?
Executive compensation is not reported in public filings, suggesting it is below the threshold for disclosure or that the organization relies heavily on volunteer leadership. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does the organization sustain its operations without reporting executive compensation, and what is the nature of its leadership structure?
The absence of reported executive compensation suggests a reliance on volunteer leadership or compensation below the IRS reporting threshold. This implies a highly community-driven and potentially cost-efficient operational model, but further details on leadership roles and responsibilities are not publicly available.
Given the 'Cooperative Nursery School' designation, what specific roles do parents or guardians play in the school's operations and governance?
While the 'Cooperative' nature implies significant parent involvement, public filings do not detail the specific mechanisms or extent of this involvement in operations, fundraising, or governance. This is a key aspect of its model that is not transparent in available data.
Filing History
IRS 990 filing history for Millburn Township Cooperative Nursery School showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Millburn Township Cooperative Nursery School's revenue has grown by 268.1%, moving from $161K to $591K. Total assets increased by 173.4% over the same period, from $123K to $337K. Total functional expenses rose by 297%, from $149K to $593K. In its most recent filing year (2024), Millburn Township Cooperative Nursery School reported a deficit of $2K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $591K | $593K | $337K | $0 | — | — |
| 2023 | $525K | $545K | $341K | $2K | — | — |
| 2022 | $611K | $494K | $361K | $2K | — | View 990 |
| 2021 | $391K | $367K | $243K | $1K | — | View 990 |
| 2020 | $331K | $344K | $221K | $3K | — | View 990 |
| 2019 | $215K | $198K | $232K | $691 | — | View 990 |
| 2018 | $200K | $175K | $216K | $697 | — | View 990 |
| 2017 | $194K | $172K | $191K | $735 | — | View 990 |
| 2016 | $188K | $179K | $170K | $875 | — | View 990 |
| 2015 | $175K | $173K | $161K | $775 | — | View 990 |
| 2014 | $193K | $195K | $159K | $951 | — | View 990 |
| 2013 | $190K | $164K | $161K | $779 | — | View 990 |
| 2012 | $175K | $160K | $136K | $745 | — | View 990 |
| 2011 | $161K | $149K | $123K | $4K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $591K, expenses of $593K, and assets of $337K (revenue +12.6% year-over-year).
- 2023: Revenue of $525K, expenses of $545K, and assets of $341K (revenue -14.1% year-over-year).
- 2022: Revenue of $611K, expenses of $494K, and assets of $361K (revenue +56.1% year-over-year).
- 2021: Revenue of $391K, expenses of $367K, and assets of $243K (revenue +18.1% year-over-year).
- 2020: Revenue of $331K, expenses of $344K, and assets of $221K (revenue +54.3% year-over-year).
- 2019: Revenue of $215K, expenses of $198K, and assets of $232K (revenue +7.6% year-over-year).
- 2018: Revenue of $200K, expenses of $175K, and assets of $216K (revenue +3.0% year-over-year).
- 2017: Revenue of $194K, expenses of $172K, and assets of $191K (revenue +2.8% year-over-year).
- 2016: Revenue of $188K, expenses of $179K, and assets of $170K (revenue +7.8% year-over-year).
- 2015: Revenue of $175K, expenses of $173K, and assets of $161K (revenue -9.5% year-over-year).
- 2014: Revenue of $193K, expenses of $195K, and assets of $159K (revenue +1.8% year-over-year).
- 2013: Revenue of $190K, expenses of $164K, and assets of $161K (revenue +8.0% year-over-year).
- 2012: Revenue of $175K, expenses of $160K, and assets of $136K (revenue +9.3% year-over-year).
- 2011: Revenue of $161K, expenses of $149K, and assets of $123K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Millburn Township Cooperative Nursery School:
Data Sources and Methodology
This transparency report for Millburn Township 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.