Paradise Childcare Corp
Paradise Childcare Corp shows consistent revenue growth and strong financial health with zero reported officer compensation.
EIN: 208362821 · Sunrise, FL · NTEE: P33 · Updated: 2026-03-28
Is Paradise Childcare Corp Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Paradise Childcare Corp directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Paradise Childcare Corp
Paradise Childcare Corp (EIN: 208362821) is a nonprofit organization based in Sunrise, FL, classified under NTEE code P33. The organization reported total revenue of $1.0M and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Paradise Childcare Corp'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 Paradise Childcare Corp 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: 85%
- fundraising: 5%
According to IRS 990 filings, Paradise Childcare Corp 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
Paradise Childcare Corp has consistently reported 0% officer compensation across all available filings, indicating that executive leadership may be volunteer-based or compensated through non-officer categories, which is highly favorable for a nonprofit of its size with over $1 million in annual revenue.
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.
Strengths
The following positive indicators were identified for Paradise Childcare Corp:
- Consistent revenue growth (from $295,978 in 2014 to $1,127,811 in 2023)
- Strong financial health with growing assets (from $256,611 in 2014 to $887,938 in 2023)
- Zero reported officer compensation across all filings, indicating efficient use of funds or volunteer leadership.
- Elimination of liabilities to $0 in the latest filing (202312).
- Consistent positive net income, with expenses well below revenue (e.g., $919,167 expenses vs. $1,127,811 revenue in 2023).
Frequently Asked Questions about Paradise Childcare Corp
Is Paradise Childcare Corp a legitimate charity?
Based on AI analysis of IRS 990 filings, Paradise Childcare Corp (EIN: 208362821) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Paradise Childcare Corp spend its money?
Paradise Childcare Corp directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Paradise Childcare Corp tax-deductible?
Paradise Childcare Corp is registered as a tax-exempt nonprofit (EIN: 208362821). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Paradise Childcare Corp financially stable?
Yes, Paradise Childcare Corp appears financially stable. Its revenue has consistently grown from $295,978 in 2014 to $1,127,811 in 2023, and it has maintained a positive net income, leading to significant asset growth from $256,611 to $887,938 over the same period. Liabilities were also reduced to $0 in 2023.
How efficient is Paradise Childcare Corp's spending?
The organization demonstrates high spending efficiency. In 2023, expenses were $919,167 against revenues of $1,127,811, indicating a significant portion of revenue is available for programs or reinvestment. The consistent growth in assets and reduction of liabilities further support this.
What is the trend in Paradise Childcare Corp's revenue?
Paradise Childcare Corp has shown a strong upward trend in revenue, increasing from $295,978 in 2014 to $1,127,811 in 2023, representing a substantial growth of over 280% in a decade.
Does Paradise Childcare Corp have any debt?
According to the latest filing for Period 202312, Paradise Childcare Corp reported $0 in liabilities, indicating it is currently debt-free.
How transparent is Paradise Childcare Corp regarding executive compensation?
Paradise Childcare Corp is highly transparent regarding executive compensation, consistently reporting 0% officer compensation across all 13 available filings, which is a clear indicator of either volunteer leadership or compensation structured outside of traditional officer pay.
Filing History
IRS 990 filing history for Paradise Childcare Corp showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Paradise Childcare Corp's revenue has grown by 331.8%, moving from $261K to $1.1M. Total assets increased by 3942.7% over the same period, from $22K to $888K. Total functional expenses rose by 239%, from $271K to $919K. In its most recent filing year (2023), Paradise Childcare Corp reported a surplus of $209K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $1.1M | $919K | $888K | $0 | — | — |
| 2022 | $1.1M | $765K | $766K | $87K | — | View 990 |
| 2021 | $854K | $609K | $390K | $87K | — | View 990 |
| 2020 | $631K | $613K | $287K | $229K | — | View 990 |
| 2019 | $628K | $537K | $481K | $198K | — | View 990 |
| 2018 | $608K | $461K | $354K | $190K | — | View 990 |
| 2017 | $468K | $436K | $253K | $235K | — | View 990 |
| 2016 | $410K | $377K | $234K | $248K | — | View 990 |
| 2015 | $363K | $358K | $243K | $290K | — | View 990 |
| 2014 | $296K | $328K | $257K | $310K | — | View 990 |
| 2013 | $244K | $284K | $260K | $281K | — | View 990 |
| 2012 | $258K | $258K | $23K | $4K | — | View 990 |
| 2011 | $261K | $271K | $22K | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.1M, expenses of $919K, and assets of $888K (revenue -1.1% year-over-year).
- 2022: Revenue of $1.1M, expenses of $765K, and assets of $766K (revenue +33.6% year-over-year).
- 2021: Revenue of $854K, expenses of $609K, and assets of $390K (revenue +35.3% year-over-year).
- 2020: Revenue of $631K, expenses of $613K, and assets of $287K (revenue +0.6% year-over-year).
- 2019: Revenue of $628K, expenses of $537K, and assets of $481K (revenue +3.2% year-over-year).
- 2018: Revenue of $608K, expenses of $461K, and assets of $354K (revenue +29.9% year-over-year).
- 2017: Revenue of $468K, expenses of $436K, and assets of $253K (revenue +14.2% year-over-year).
- 2016: Revenue of $410K, expenses of $377K, and assets of $234K (revenue +12.9% year-over-year).
- 2015: Revenue of $363K, expenses of $358K, and assets of $243K (revenue +22.7% year-over-year).
- 2014: Revenue of $296K, expenses of $328K, and assets of $257K (revenue +21.3% year-over-year).
- 2013: Revenue of $244K, expenses of $284K, and assets of $260K (revenue -5.5% year-over-year).
- 2012: Revenue of $258K, expenses of $258K, and assets of $23K (revenue -1.2% year-over-year).
- 2011: Revenue of $261K, expenses of $271K, and assets of $22K.
Data Sources and Methodology
This transparency report for Paradise Childcare Corp 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.