Noahs Ark Daycare And Preschool Inc
EIN: 450418821 · Bismarck, ND · NTEE: B21
| Metric | Value |
|---|---|
| Total Revenue | $734K |
| Total Expenses | $761K |
| Net Assets | $77K |
Is Noahs Ark Daycare And Preschool Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Noahs Ark Daycare And Preschool Inc
Noahs Ark Daycare And Preschool Inc (EIN: 450418821) is a nonprofit organization based in Bismarck, ND, classified under NTEE code B21. The organization reported total revenue of $734K and total assets of $363K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Noahs Ark Daycare And Preschool Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Noahs Ark Daycare And Preschool Inc is a small nonprofit that has been operating for 34 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $703K |
| Total Expenses | $761K |
| Surplus / Deficit | $-57,912 |
| Total Assets | $376K |
| Total Liabilities | $299K |
| Net Assets | $77K |
| Operating Margin | -8.2% |
| Debt-to-Asset Ratio | 79.6% |
| Months of Reserves | 5.9 months |
Financial Health Grade: C
In 2023, Noahs Ark Daycare And Preschool Inc reported a deficit of $58K with expenses exceeding revenue, holds 5.9 months of operating reserves (adequate), has a debt-to-asset ratio of 79.6% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Noahs Ark Daycare And Preschool Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -8.5% | -3.4% | -17.1% |
| 2022 | +17.7% | +7.5% | -6.5% |
| 2021 | -24.6% | +0.7% | -18.4% |
| 2020 | +25.5% | +4.4% | +28.7% |
| 2019 | +0.4% | +0.8% | -4.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1992 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Noahs Ark Daycare And Preschool 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 Noahs Ark Daycare And Preschool 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 $58K, with expenses exceeding revenue.
- Debt-to-asset ratio: 79.6%.
Frequently Asked Questions about Noahs Ark Daycare And Preschool Inc
Is Noahs Ark Daycare And Preschool Inc a legitimate charity?
Noahs Ark Daycare And Preschool Inc (EIN: 450418821) is a registered tax-exempt nonprofit based in North Dakota. It has 13 years of IRS 990 filings on record. Total revenue: $734K. No red flags identified. Financial health grade: C.
How does Noahs Ark Daycare And Preschool Inc spend its money?
Noahs Ark Daycare And Preschool Inc reported $734K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Noahs Ark Daycare And Preschool Inc tax-deductible?
Noahs Ark Daycare And Preschool Inc is registered as a tax-exempt nonprofit (EIN: 450418821). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Noahs Ark Daycare And Preschool Inc located?
Noahs Ark Daycare And Preschool Inc is headquartered in Bismarck, North Dakota and files with the IRS under EIN 450418821. It is classified under NTEE code B21.
How many years of IRS 990 filings does Noahs Ark Daycare And Preschool Inc have?
Noahs Ark Daycare And Preschool Inc has 13 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 $734K in total revenue.
Filing History
IRS 990 filing history for Noahs Ark Daycare And Preschool Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Noahs Ark Daycare And Preschool Inc's revenue has grown by 53.3%, moving from $458K to $703K. Total assets decreased by 10.5% over the same period, from $420K to $376K. Total functional expenses rose by 67.4%, from $454K to $761K. In its most recent filing year (2023), Noahs Ark Daycare And Preschool Inc reported a deficit of $58K, with expenses exceeding revenue. The organization holds $299K in liabilities against $376K in assets (debt-to-asset ratio: 79.6%), resulting in net assets of $77K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $703K | $761K | $376K | $299K | — | — |
| 2022 | $768K | $788K | $454K | $319K | — | View 990 |
| 2021 | $652K | $733K | $485K | $331K | — | View 990 |
| 2020 | $865K | $728K | $595K | $360K | — | — |
| 2019 | $689K | $697K | $462K | $365K | — | View 990 |
| 2018 | $687K | $691K | $484K | $379K | — | View 990 |
| 2017 | $678K | $656K | $570K | $461K | — | View 990 |
| 2016 | $634K | $655K | $448K | $361K | — | View 990 |
| 2015 | $603K | $606K | $476K | $368K | — | View 990 |
| 2014 | $595K | $579K | $491K | $380K | — | View 990 |
| 2013 | $558K | $536K | $506K | $410K | — | View 990 |
| 2012 | $514K | $482K | $511K | $436K | — | View 990 |
| 2011 | $458K | $454K | $420K | $378K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $703K, expenses of $761K, and assets of $376K (revenue -8.5% year-over-year).
- 2022: Revenue of $768K, expenses of $788K, and assets of $454K (revenue +17.7% year-over-year).
- 2021: Revenue of $652K, expenses of $733K, and assets of $485K (revenue -24.6% year-over-year).
- 2020: Revenue of $865K, expenses of $728K, and assets of $595K (revenue +25.5% year-over-year).
- 2019: Revenue of $689K, expenses of $697K, and assets of $462K (revenue +0.4% year-over-year).
- 2018: Revenue of $687K, expenses of $691K, and assets of $484K (revenue +1.4% year-over-year).
- 2017: Revenue of $678K, expenses of $656K, and assets of $570K (revenue +7.0% year-over-year).
- 2016: Revenue of $634K, expenses of $655K, and assets of $448K (revenue +5.1% year-over-year).
- 2015: Revenue of $603K, expenses of $606K, and assets of $476K (revenue +1.4% year-over-year).
- 2014: Revenue of $595K, expenses of $579K, and assets of $491K (revenue +6.7% year-over-year).
- 2013: Revenue of $558K, expenses of $536K, and assets of $506K (revenue +8.5% year-over-year).
- 2012: Revenue of $514K, expenses of $482K, and assets of $511K (revenue +12.1% year-over-year).
- 2011: Revenue of $458K, expenses of $454K, and assets of $420K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Noahs Ark Daycare And Preschool Inc:
Data Sources and Methodology
This transparency report for Noahs Ark Daycare And 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.