Park Ridge Child Care Center Inc
Park Ridge Child Care Center: Consistent Revenue, High Expenses
EIN: 222918126 · Rochester, NY · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $2.0M |
| Total Expenses | $2.3M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $0 |
| Net Assets | $-449,604 |
| Transparency Score | 75/100 |
Is Park Ridge 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 →
Park Ridge Child Care Center Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Park Ridge Child Care Center Inc
Park Ridge Child Care Center Inc (EIN: 222918126) is a nonprofit organization based in Rochester, NY. The organization reported total revenue of $2.0M and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Park Ridge Child Care Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Park Ridge Child Care Center Inc is a mid-size nonprofit that has been operating for 37 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.0M |
| Total Expenses | $2.3M |
| Surplus / Deficit | $-340,504 |
| Total Assets | $1.3M |
| Total Liabilities | $1.8M |
| Net Assets | $-449,604 |
| Operating Margin | -17.4% |
| Debt-to-Asset Ratio | 133.6% |
| Months of Reserves | 7.0 months |
Financial Health Grade: C
In 2023, Park Ridge Child Care Center Inc reported a deficit of $341K with expenses exceeding revenue, holds 7.0 months of operating reserves (strong position), has a debt-to-asset ratio of 133.6% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Park Ridge Child Care Center Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +5.2% | +16.9% | +11.2% |
| 2022 | +12.6% | +5.3% | -12.6% |
| 2021 | +43.1% | +17.2% | +11.5% |
| 2020 | -32.3% | -12.5% | -2.9% |
| 2019 | +4.1% | +8.3% | +0.1% |
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 Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Park Ridge Child Care Center Inc with a Mission Score of 75 out of 100 (Good). 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: 80%
- fundraising: 10%
According to IRS 990 filings, Park Ridge Child Care Center Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $341K, with expenses exceeding revenue.
- Debt-to-asset ratio: 133.6%.
Executive Compensation Analysis
The organization consistently reports $0 in compensation for officers, directors, trustees, and key employees across all available filings, which is unusual for an organization of this size and requires further clarification on how leadership is compensated.
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 Park Ridge Child Care Center Inc's IRS 990 filings:
- Expenses consistently exceed revenue, leading to net losses in multiple years (e.g., $2,292,228 expenses vs. $1,951,724 revenue in 2023).
- The reported 0% compensation for all key personnel across all years is a significant red flag, suggesting potential misreporting or an unusual compensation structure.
- Liabilities have shown a significant increase over time, from $520,222 in 2017 to $1,787,071 in 2023.
Strengths
The following positive indicators were identified for Park Ridge Child Care Center Inc:
- Consistent revenue generation, with annual revenues generally increasing year-over-year.
- Strong asset base, consistently over $1.2 million, indicating financial stability despite operational losses.
- Long operational history with consistent filing of financial data.
Frequently Asked Questions about Park Ridge Child Care Center Inc
Is Park Ridge Child Care Center Inc a legitimate charity?
Park Ridge Child Care Center Inc (EIN: 222918126) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $2.0M. 3 red flags identified. 3 strengths noted. Financial health grade: C.
How does Park Ridge Child Care Center Inc spend its money?
Park Ridge Child Care Center Inc directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Park Ridge Child Care Center Inc tax-deductible?
Park Ridge Child Care Center Inc is registered as a tax-exempt nonprofit (EIN: 222918126). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Park Ridge Child Care Center Inc CEO make?
Park Ridge Child Care Center Inc's highest-compensated officer earns $0 annually. The organization reported $2.0M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Park Ridge Child Care Center Inc's spending goes to programs?
Park Ridge Child Care Center Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Park Ridge Child Care Center Inc located?
Park Ridge Child Care Center Inc is headquartered in Rochester, New York and files with the IRS under EIN 222918126.
How many years of IRS 990 filings does Park Ridge Child Care Center Inc have?
Park Ridge Child Care Center 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 $2.0M in total revenue.
What does Park Ridge Child Care Center Inc do?
Park Ridge Child Care Center Inc is a nonprofit organization in the Unknown sector, located in Rochester, New York. It is classified under NTEE code Unknown.
How much revenue does Park Ridge Child Care Center Inc have?
Park Ridge Child Care Center Inc reported total revenue of $2,035,810. Based on 13 IRS 990 filings on record.
What are Park Ridge Child Care Center Inc's total assets?
Park Ridge Child Care Center Inc holds total assets of $1,214,960 as reported in IRS 990 filings.
Where is Park Ridge Child Care Center Inc located?
Park Ridge Child Care Center Inc is based in Rochester, New York.
What is Park Ridge Child Care Center Inc's EIN?
Park Ridge Child Care Center Inc's Employer Identification Number (EIN) is 222918126. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Park Ridge Child Care Center Inc?
Park Ridge Child Care Center Inc is classified under NTEE code Unknown (Unknown).
Is Park Ridge Child Care Center Inc a registered 501(c)(3)?
Park Ridge Child Care Center Inc appears in IRS records (EIN: 222918126). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Park Ridge Child Care Center Inc file IRS Form 990?
Yes, Park Ridge Child Care Center Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Park Ridge Child Care Center Inc's revenue in 2023?
In the 202312 filing period, Park Ridge Child Care Center Inc reported total revenue of $1,951,724, total expenses of $2,292,228, and net assets of $1,337,467.
Is Park Ridge Child Care Center Inc's revenue growing or declining?
Park Ridge Child Care Center Inc's revenue is growing. Revenue went from $1,854,643 (202212) to $1,951,724 (202312), a +5.2% change. Based on 13 filings on record.
What is Park Ridge Child Care Center Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Park Ridge Child Care Center Inc covers tax period 202312. It shows revenue of $1,951,724, expenses of $2,292,228, total assets of $1,337,467, and liabilities of $1,787,071.
How much does Park Ridge Child Care Center Inc spend on programs vs administration?
Based on IRS 990 analysis, Park Ridge Child Care Center Inc allocates approximately 80% of expenses to program services, 10% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Park Ridge Child Care Center Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Park Ridge Child Care Center Inc appears trustworthy. Mission Score: 75/100 (Good). 3 red flags identified. 3 strengths noted.
What are the red flags for Park Ridge Child Care Center Inc?
The following concerns were identified: Expenses consistently exceed revenue, leading to net losses in multiple years (e.g., $2,292,228 expenses vs. $1,951,724 revenue in 2023).. The reported 0% compensation for all key personnel across all years is a significant red flag, suggesting potential misreporting or an unusual compensation structure.. Liabilities have shown a significant increase over time, from $520,222 in 2017 to $1,787,071 in 2023.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Park Ridge Child Care Center Inc's strengths?
Positive indicators for Park Ridge Child Care Center Inc include: Consistent revenue generation, with annual revenues generally increasing year-over-year.. Strong asset base, consistently over $1.2 million, indicating financial stability despite operational losses.. Long operational history with consistent filing of financial data.. These findings are derived from AI analysis of the organization's financial filings.
How does Park Ridge Child Care Center Inc compensate executives?
The organization consistently reports $0 in compensation for officers, directors, trustees, and key employees across all available filings, which is unusual for an organization of this size and requires further clarification on how leadership is compensated. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent reporting of $0 for executive compensation, how does the organization attract and retain leadership, and what is the actual compensation structure for its top management?
The filings indicate $0 compensation for officers, directors, trustees, and key employees. This suggests either a fully volunteer-led executive team, compensation being reported under a different category, or an oversight in reporting. Further inquiry into their Form 990, Part VII, Section A, Column (D) and (E) would be necessary to understand the true compensation landscape.
What are the primary drivers behind the consistent trend of expenses exceeding revenue, and what strategies are in place to achieve financial sustainability?
Expenses have consistently outpaced revenue, for example, by over $340,000 in 2023. This indicates an operational deficit. A detailed breakdown of program, administrative, and fundraising expenses is needed to identify cost centers and assess the effectiveness of current financial management strategies aimed at achieving long-term sustainability.
Filing History
IRS 990 filing history for Park Ridge Child Care Center Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Park Ridge Child Care Center Inc's revenue has grown by 77.7%, moving from $1.1M to $2.0M. Total assets increased by 12.9% over the same period, from $1.2M to $1.3M. Total functional expenses rose by 96.4%, from $1.2M to $2.3M. In its most recent filing year (2023), Park Ridge Child Care Center Inc reported a deficit of $341K, with expenses exceeding revenue. The organization holds $1.8M in liabilities against $1.3M in assets (debt-to-asset ratio: 133.6%), resulting in net assets of $-449,604.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.0M | $2.3M | $1.3M | $1.8M | — | — |
| 2022 | $1.9M | $2.0M | $1.2M | $1.3M | — | View 990 |
| 2021 | $1.6M | $1.9M | $1.4M | $1.4M | — | View 990 |
| 2020 | $1.2M | $1.6M | $1.2M | $1.2M | — | View 990 |
| 2019 | $1.7M | $1.8M | $1.3M | $744K | — | View 990 |
| 2018 | $1.6M | $1.7M | $1.3M | $583K | — | View 990 |
| 2017 | $1.6M | $1.6M | $1.2M | $520K | — | View 990 |
| 2016 | $1.6M | $1.5M | $1.3M | $519K | — | View 990 |
| 2015 | $1.6M | $1.5M | $1.1M | $484K | — | View 990 |
| 2014 | $1.5M | $1.4M | $1.1M | $544K | — | View 990 |
| 2013 | $1.4M | $1.4M | $1.2M | $510K | — | View 990 |
| 2012 | $1.3M | $1.4M | $1.2M | $559K | — | View 990 |
| 2011 | $1.1M | $1.2M | $1.2M | $404K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.0M, expenses of $2.3M, and assets of $1.3M (revenue +5.2% year-over-year).
- 2022: Revenue of $1.9M, expenses of $2.0M, and assets of $1.2M (revenue +12.6% year-over-year).
- 2021: Revenue of $1.6M, expenses of $1.9M, and assets of $1.4M (revenue +43.1% year-over-year).
- 2020: Revenue of $1.2M, expenses of $1.6M, and assets of $1.2M (revenue -32.3% year-over-year).
- 2019: Revenue of $1.7M, expenses of $1.8M, and assets of $1.3M (revenue +4.1% year-over-year).
- 2018: Revenue of $1.6M, expenses of $1.7M, and assets of $1.3M (revenue +4.6% year-over-year).
- 2017: Revenue of $1.6M, expenses of $1.6M, and assets of $1.2M (revenue -1.3% year-over-year).
- 2016: Revenue of $1.6M, expenses of $1.5M, and assets of $1.3M (revenue +1.1% year-over-year).
- 2015: Revenue of $1.6M, expenses of $1.5M, and assets of $1.1M (revenue +4.7% year-over-year).
- 2014: Revenue of $1.5M, expenses of $1.4M, and assets of $1.1M (revenue +6.8% year-over-year).
- 2013: Revenue of $1.4M, expenses of $1.4M, and assets of $1.2M (revenue +6.8% year-over-year).
- 2012: Revenue of $1.3M, expenses of $1.4M, and assets of $1.2M (revenue +19.3% year-over-year).
- 2011: Revenue of $1.1M, expenses of $1.2M, and assets of $1.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Park Ridge Child Care Center Inc:
Data Sources and Methodology
This transparency report for Park Ridge 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.