Paterson Day Care 100
Paterson Day Care 100: Stable Revenue, Growing Assets, and Strong Program Spending
EIN: 221986737 · Paterson, NJ · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $2.3M |
| Total Expenses | $2.1M |
| Program Spending | 85% |
| Net Assets | $693K |
| Transparency Score | 85/100 |
Is Paterson Day Care 100 Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Paterson Day Care 100 directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Paterson Day Care 100
Paterson Day Care 100 (EIN: 221986737) is a nonprofit organization based in Paterson, NJ. The organization reported total revenue of $2.3M and total assets of $924K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Paterson Day Care 100's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Paterson Day Care 100 is a mid-size nonprofit that has been operating for 46 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.5M |
| Total Expenses | $2.1M |
| Surplus / Deficit | +$436K |
| Total Assets | $746K |
| Total Liabilities | $53K |
| Net Assets | $693K |
| Operating Margin | 17.4% |
| Debt-to-Asset Ratio | 7.1% |
| Months of Reserves | 4.3 months |
Financial Health Grade: A
In 2023, Paterson Day Care 100 reported a surplus of $436K with revenue exceeding expenses, holds 4.3 months of operating reserves (adequate), has a debt-to-asset ratio of 7.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Paterson Day Care 100's revenue has declined at a compound annual growth rate (CAGR) of -1.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +8.5% | -11.5% | +36.0% |
| 2022 | +5.0% | +4.9% | -4.2% |
| 2021 | +3.5% | +4.7% | -4.1% |
| 2020 | +10.0% | +4.9% | -0.2% |
| 2019 | +2.9% | +6.8% | -10.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1980 |
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 Paterson Day Care 100 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, Paterson Day Care 100 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $436K, with revenue exceeding expenses.
- Debt-to-asset ratio: 7.1%.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided data, making a specific assessment difficult without further information on salaries and benefits.
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 Paterson Day Care 100:
- Consistent revenue generation over several years, with 2023 revenue at $2,508,452.
- Significant growth in assets, from $548,368 in 2022 to $746,036 in 2023.
- Low fundraising costs, indicated by 'c0%' in the provided filings, suggesting efficient resource allocation.
- Positive net income in 2023 ($2,508,452 revenue vs. $2,071,970 expenses).
Frequently Asked Questions about Paterson Day Care 100
Is Paterson Day Care 100 a legitimate charity?
Paterson Day Care 100 (EIN: 221986737) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $2.3M. No red flags identified. 4 strengths noted. Financial health grade: A.
How does Paterson Day Care 100 spend its money?
Paterson Day Care 100 directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Paterson Day Care 100 tax-deductible?
Paterson Day Care 100 is registered as a tax-exempt nonprofit (EIN: 221986737). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Paterson Day Care 100's spending goes to programs?
Paterson Day Care 100 directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Paterson Day Care 100 located?
Paterson Day Care 100 is headquartered in Paterson, New Jersey and files with the IRS under EIN 221986737.
How many years of IRS 990 filings does Paterson Day Care 100 have?
Paterson Day Care 100 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 $2.3M in total revenue.
What does Paterson Day Care 100 do?
Paterson Day Care 100 is a nonprofit organization in the Unknown sector, located in Paterson, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Paterson Day Care 100 have?
Paterson Day Care 100 reported total revenue of $2,290,157. Based on 13 IRS 990 filings on record.
What are Paterson Day Care 100's total assets?
Paterson Day Care 100 holds total assets of $924,300 as reported in IRS 990 filings.
Where is Paterson Day Care 100 located?
Paterson Day Care 100 is based in Paterson, New Jersey.
What is Paterson Day Care 100's EIN?
Paterson Day Care 100's Employer Identification Number (EIN) is 221986737. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Paterson Day Care 100?
Paterson Day Care 100 is classified under NTEE code Unknown (Unknown).
Is Paterson Day Care 100 a registered 501(c)(3)?
Paterson Day Care 100 appears in IRS records (EIN: 221986737). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Paterson Day Care 100 file IRS Form 990?
Yes, Paterson Day Care 100 has 13 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Paterson Day Care 100's revenue in 2023?
In the 202306 filing period, Paterson Day Care 100 reported total revenue of $2,508,452, total expenses of $2,071,970, and net assets of $746,036.
Is Paterson Day Care 100's revenue growing or declining?
Paterson Day Care 100's revenue is growing. Revenue went from $2,311,201 (202206) to $2,508,452 (202306), a +8.5% change. Based on 13 filings on record.
What is Paterson Day Care 100's most recent 990 filing?
The most recent IRS Form 990 filing for Paterson Day Care 100 covers tax period 202306. It shows revenue of $2,508,452, expenses of $2,071,970, total assets of $746,036, and liabilities of $53,173.
How much does Paterson Day Care 100 spend on programs vs administration?
Based on IRS 990 analysis, Paterson Day Care 100 allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Paterson Day Care 100 a trustworthy charity?
Based on AI analysis of IRS 990 data, Paterson Day Care 100 appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 4 strengths noted.
What are Paterson Day Care 100's strengths?
Positive indicators for Paterson Day Care 100 include: Consistent revenue generation over several years, with 2023 revenue at $2,508,452.. Significant growth in assets, from $548,368 in 2022 to $746,036 in 2023.. Low fundraising costs, indicated by 'c0%' in the provided filings, suggesting efficient resource allocation.. Positive net income in 2023 ($2,508,452 revenue vs. $2,071,970 expenses).. These findings are derived from AI analysis of the organization's financial filings.
How does Paterson Day Care 100 compensate executives?
Executive compensation is not explicitly detailed in the provided data, making a specific assessment difficult without further information on salaries and benefits. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is Paterson Day Care 100?
• The organization consistently files its Form 990s, indicating a commitment to regulatory compliance. • Financial data is available for multiple years, allowing for trend analysis. • The provided data lacks specific details on board composition or meeting frequency. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
How has Paterson Day Care 100 managed to achieve consistent revenue growth and asset accumulation despite varying economic conditions?
The organization has shown a steady increase in revenue, from $1,817,988 in 2016 to $2,508,452 in 2023, and a notable increase in assets, particularly from $548,368 in 2022 to $746,036 in 2023. This suggests effective program delivery and financial management, potentially through stable funding sources or successful grant applications.
What is the significance of the 'c0%' value for fundraising costs across all years?
The 'c0%' for fundraising costs consistently across all years is highly unusual. While it could indicate extremely efficient fundraising or that fundraising expenses are categorized under administrative costs, it warrants further investigation to understand the true cost of generating donations and ensure transparency.
Filing History
IRS 990 filing history for Paterson Day Care 100 showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Paterson Day Care 100's revenue has declined by 11.2%, moving from $2.8M to $2.5M. Total assets decreased by 2.1% over the same period, from $762K to $746K. Total functional expenses fell by 27.8%, from $2.9M to $2.1M. In its most recent filing year (2023), Paterson Day Care 100 reported a surplus of $436K, with revenue exceeding expenses. The organization holds $53K in liabilities against $746K in assets (debt-to-asset ratio: 7.1%), resulting in net assets of $693K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.5M | $2.1M | $746K | $53K | — | — |
| 2022 | $2.3M | $2.3M | $548K | $292K | — | View 990 |
| 2021 | $2.2M | $2.2M | $572K | $286K | — | — |
| 2020 | $2.1M | $2.1M | $597K | $282K | — | View 990 |
| 2019 | $1.9M | $2.0M | $598K | $279K | — | View 990 |
| 2018 | $1.9M | $1.9M | $669K | $252K | — | View 990 |
| 2017 | $1.8M | $1.9M | $748K | $307K | — | View 990 |
| 2016 | $1.8M | $1.8M | $745K | $277K | — | View 990 |
| 2015 | $1.9M | $1.9M | $671K | $219K | — | View 990 |
| 2014 | $1.8M | $1.8M | $681K | $248K | — | View 990 |
| 2013 | $2.2M | $2.3M | $821K | $359K | — | View 990 |
| 2012 | $2.3M | $2.4M | $738K | $224K | — | View 990 |
| 2011 | $2.8M | $2.9M | $762K | $61K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.5M, expenses of $2.1M, and assets of $746K (revenue +8.5% year-over-year).
- 2022: Revenue of $2.3M, expenses of $2.3M, and assets of $548K (revenue +5.0% year-over-year).
- 2021: Revenue of $2.2M, expenses of $2.2M, and assets of $572K (revenue +3.5% year-over-year).
- 2020: Revenue of $2.1M, expenses of $2.1M, and assets of $597K (revenue +10.0% year-over-year).
- 2019: Revenue of $1.9M, expenses of $2.0M, and assets of $598K (revenue +2.9% year-over-year).
- 2018: Revenue of $1.9M, expenses of $1.9M, and assets of $669K (revenue +2.7% year-over-year).
- 2017: Revenue of $1.8M, expenses of $1.9M, and assets of $748K (revenue +0.7% year-over-year).
- 2016: Revenue of $1.8M, expenses of $1.8M, and assets of $745K (revenue -3.2% year-over-year).
- 2015: Revenue of $1.9M, expenses of $1.9M, and assets of $671K (revenue +4.6% year-over-year).
- 2014: Revenue of $1.8M, expenses of $1.8M, and assets of $681K (revenue -19.1% year-over-year).
- 2013: Revenue of $2.2M, expenses of $2.3M, and assets of $821K (revenue -5.6% year-over-year).
- 2012: Revenue of $2.3M, expenses of $2.4M, and assets of $738K (revenue -16.9% year-over-year).
- 2011: Revenue of $2.8M, expenses of $2.9M, and assets of $762K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Paterson Day Care 100:
Data Sources and Methodology
This transparency report for Paterson Day Care 100 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.