Mount Kisco Child Care Center Inc
Mount Kisco Child Care Center Inc shows consistent asset growth and zero officer compensation, despite fluctuating revenues.
EIN: 132673623 · Mount Kisco, NY · NTEE: P33Z · Updated: 2026-03-28
Is Mount Kisco Child Care Center Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mount Kisco Child Care Center Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mount Kisco Child Care Center Inc
Mount Kisco Child Care Center Inc (EIN: 132673623) is a nonprofit organization based in Mount Kisco, NY, classified under NTEE code P33Z. The organization reported total revenue of $5.4M and total assets of $10.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mount Kisco Child Care Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Mount Kisco Child Care Center Inc with a Mission Score of 90 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, Mount Kisco Child Care Center Inc 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.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization. This is highly unusual for an organization of its size with assets exceeding $9 million and annual revenues in the millions, suggesting either a volunteer leadership model or compensation is reported under other expense categories, which would warrant further investigation for complete transparency.
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 Mount Kisco Child Care Center Inc's IRS 990 filings:
- Unusually low or 0% officer compensation reported, which may obscure how leadership is compensated or sustained for an organization of this size.
Strengths
The following positive indicators were identified for Mount Kisco Child Care Center Inc:
- Consistent asset growth, from $6,449,108 in 201612 to $9,659,916 in 202308, indicating strong financial management.
- Expenses generally kept below revenue, allowing for net asset accumulation.
- Zero officer compensation reported across all filings, suggesting a high dedication of funds to the mission or volunteer leadership.
Frequently Asked Questions about Mount Kisco Child Care Center Inc
Is Mount Kisco Child Care Center Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Mount Kisco Child Care Center Inc (EIN: 132673623) some concerns. Mission Score: 90/100. 1 red flag identified, 3 strengths noted.
How does Mount Kisco Child Care Center Inc spend its money?
Mount Kisco Child Care Center Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Mount Kisco Child Care Center Inc tax-deductible?
Mount Kisco Child Care Center Inc is registered as a tax-exempt nonprofit (EIN: 132673623). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Mount Kisco Child Care Center Inc manage to operate with 0% officer compensation?
The filings consistently report 0% officer compensation. This could mean that leadership roles are filled by volunteers, or compensation is categorized differently within the expense structure, which would require a deeper dive into their detailed financial statements to understand fully.
What caused the significant revenue fluctuation between 202208 ($5,128,965) and 202308 ($3,441,700)?
The IRS 990 data alone does not specify the reasons for revenue fluctuations. Potential causes could include changes in grant funding, donor contributions, or program service fees. Further inquiry into their annual reports or financial statements would be needed.
Is the organization's asset growth sustainable given the revenue fluctuations?
While revenue has fluctuated, the organization has consistently increased its assets, from $6,449,108 in 201612 to $9,659,916 in 202308. This suggests effective management of resources and potentially strong investment returns or capital campaigns that contribute to long-term stability, despite year-to-year revenue variations.
Filing History
IRS 990 filing history for Mount Kisco Child Care Center Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Mount Kisco Child Care Center Inc's revenue has grown by 30.9%, moving from $2.6M to $3.4M. Total assets increased by 34.4% over the same period, from $7.2M to $9.7M. Total functional expenses rose by 21%, from $2.8M to $3.4M. In its most recent filing year (2023), Mount Kisco Child Care Center Inc reported a surplus of $88K, with revenue exceeding expenses. The organization holds $445K in liabilities against $9.7M in assets (debt-to-asset ratio: 4.6%), resulting in net assets of $9.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $3.4M | $3.4M | $9.7M | $445K | — | View 990 |
| 2022 | $5.1M | $3.5M | $9.5M | $557K | — | View 990 |
| 2021 | $3.8M | $2.9M | $8.1M | $349K | — | View 990 |
| 2020 | $3.0M | $2.9M | $7.3M | $536K | — | View 990 |
| 2019 | $3.0M | $2.8M | $6.8M | $245K | — | View 990 |
| 2018 | $2.7M | $2.6M | $6.8M | $213K | — | View 990 |
| 2017 | $1.6M | $1.7M | $6.5M | $182K | — | View 990 |
| 2016 | $2.5M | $2.5M | $6.4M | $82K | — | View 990 |
| 2015 | $3.2M | $2.5M | $6.5M | $113K | — | View 990 |
| 2014 | $2.4M | $2.5M | $6.5M | $764K | — | View 990 |
| 2013 | $2.5M | $2.8M | $6.6M | $789K | — | View 990 |
| 2012 | $2.5M | $2.8M | $6.9M | $831K | — | View 990 |
| 2011 | $2.6M | $2.8M | $7.2M | $908K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.4M, expenses of $3.4M, and assets of $9.7M (revenue -32.9% year-over-year).
- 2022: Revenue of $5.1M, expenses of $3.5M, and assets of $9.5M (revenue +33.8% year-over-year).
- 2021: Revenue of $3.8M, expenses of $2.9M, and assets of $8.1M (revenue +29.0% year-over-year).
- 2020: Revenue of $3.0M, expenses of $2.9M, and assets of $7.3M (revenue -0.6% year-over-year).
- 2019: Revenue of $3.0M, expenses of $2.8M, and assets of $6.8M (revenue +10.2% year-over-year).
- 2018: Revenue of $2.7M, expenses of $2.6M, and assets of $6.8M (revenue +64.8% year-over-year).
- 2017: Revenue of $1.6M, expenses of $1.7M, and assets of $6.5M (revenue -34.6% year-over-year).
- 2016: Revenue of $2.5M, expenses of $2.5M, and assets of $6.4M (revenue -20.3% year-over-year).
- 2015: Revenue of $3.2M, expenses of $2.5M, and assets of $6.5M (revenue +29.6% year-over-year).
- 2014: Revenue of $2.4M, expenses of $2.5M, and assets of $6.5M (revenue -0.8% year-over-year).
- 2013: Revenue of $2.5M, expenses of $2.8M, and assets of $6.6M (revenue -2.9% year-over-year).
- 2012: Revenue of $2.5M, expenses of $2.8M, and assets of $6.9M (revenue -3.8% year-over-year).
- 2011: Revenue of $2.6M, expenses of $2.8M, and assets of $7.2M.
Data Sources and Methodology
This transparency report for Mount Kisco Child Care 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.