Phelps Child Care Center Inc

Phelps Child Care Center Inc consistently allocates over 80% of expenses to programs with no reported officer compensation.

EIN: 133467714 · Sleepy Hollow, NY · NTEE: P33Z · Updated: 2026-03-28

$3.3MRevenue

$5.7MAssets

92/100Mission Score (Excellent)

P33Z

About Phelps Child Care Center Inc

Phelps Child Care Center Inc (EIN: 133467714) is a nonprofit organization based in Sleepy Hollow, NY, classified under NTEE code P33Z. The organization reported total revenue of $3.3M and total assets of $5.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Phelps Child Care Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Phelps Child Care Center Inc demonstrates consistent financial growth and strong program spending over the past decade. The organization's revenue has steadily increased from $2,224,006 in 2014 to $3,088,405 in 2023, indicating stable funding and community support. Their assets have also grown significantly, from $1,177,603 in 2014 to $5,517,425 in 2023, suggesting sound financial management and reinvestment in the organization's capacity.

The center consistently spends a high proportion of its expenses on program services, with 85% allocated to programs in the latest filing period (2023). This indicates a strong focus on its core mission of child care. Administrative and fundraising costs are kept relatively low, at 10% and 5% respectively, which is a positive indicator of spending efficiency. The organization's consistent reporting of 0% officer compensation across all available filings suggests a high degree of transparency and a commitment to directing resources towards its mission rather than executive salaries.

Overall, Phelps Child Care Center Inc appears to be a financially healthy and efficiently run organization. Its consistent growth, high program spending ratio, and transparent compensation practices contribute to a positive assessment of its financial stewardship and commitment to its mission.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Phelps Child Care Center Inc 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, Phelps 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

The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to officers, which is highly unusual and suggests a volunteer-led executive structure or that compensation is reported under other expense categories, though the former is more likely given the consistent reporting.

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 Phelps Child Care Center Inc's IRS 990 filings:

Consistent 0% officer compensation might warrant further investigation to understand the executive leadership structure and how key management personnel are compensated, if at all, to ensure sustainability.

Strengths

The following positive indicators were identified for Phelps Child Care Center Inc:

Strong program spending ratio (85% in 2023) indicates a high focus on mission delivery.
Consistent revenue growth from $2.2M in 2014 to $3.0M in 2023 demonstrates financial stability.
Significant asset growth from $1.1M in 2014 to $5.5M in 2023 reflects sound financial management and capacity building.
Low administrative and fundraising costs (10% and 5% respectively in 2023) indicate efficient operations.
No reported officer compensation across all filings suggests a strong commitment to directing funds to programs.

Frequently Asked Questions about Phelps Child Care Center Inc

Is Phelps Child Care Center Inc a good charity?

Based on the provided IRS 990 data, Phelps Child Care Center Inc appears to be a very good charity. It demonstrates strong financial health, consistent growth in revenue and assets, and a high percentage of spending directly on program services (85% in 2023). The reported 0% officer compensation also suggests a strong commitment to its mission.

How has the organization's financial health changed over the last decade?

Phelps Child Care Center Inc has shown significant financial growth over the last decade. Revenue increased from $2,224,006 in 2014 to $3,088,405 in 2023, and assets grew substantially from $1,177,603 to $5,517,425 in the same period, indicating robust financial health and expansion.

What is the organization's spending efficiency?

The organization exhibits high spending efficiency, with 85% of its expenses dedicated to program services in 2023. This leaves only 10% for administrative costs and 5% for fundraising, which are very favorable ratios for a nonprofit.

Filing History

IRS 990 filing history for Phelps Child Care Center Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Phelps Child Care Center Inc's revenue has grown by 125.2%, moving from $1.4M to $3.1M. Total assets increased by 305% over the same period, from $1.4M to $5.5M. Total functional expenses rose by 142.1%, from $1.2M to $2.9M. In its most recent filing year (2023), Phelps Child Care Center Inc reported a surplus of $233K, with revenue exceeding expenses. The organization holds $1.0M in liabilities against $5.5M in assets (debt-to-asset ratio: 18.7%), resulting in net assets of $4.5M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$3.1M	$2.9M	$5.5M	$1.0M	—	View 990
2022	$3.1M	$2.7M	$5.4M	$1.1M	—	View 990
2021	$3.1M	$2.5M	$4.3M	$469K	—	View 990
2020	$1.6M	$2.1M	$3.7M	$461K	—	View 990
2019	$2.8M	$2.4M	$4.1M	$393K	—	View 990
2018	$2.8M	$2.3M	$3.9M	$542K	—	View 990
2017	$2.8M	$2.2M	$3.2M	$367K	—	View 990
2016	$2.6M	$2.0M	$2.6M	$318K	—	View 990
2015	$2.5M	$1.8M	$1.9M	$245K	—	View 990
2014	$2.2M	$1.6M	$1.2M	$207K	—	View 990
2013	$1.6M	$1.5M	$605K	$216K	—	View 990
2012	$1.4M	$2.3M	$466K	$138K	—	View 990
2011	$1.4M	$1.2M	$1.4M	$129K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $3.1M, expenses of $2.9M, and assets of $5.5M (revenue +0.9% year-over-year).
2022: Revenue of $3.1M, expenses of $2.7M, and assets of $5.4M (revenue -0.8% year-over-year).
2021: Revenue of $3.1M, expenses of $2.5M, and assets of $4.3M (revenue +89.9% year-over-year).
2020: Revenue of $1.6M, expenses of $2.1M, and assets of $3.7M (revenue -41.5% year-over-year).
2019: Revenue of $2.8M, expenses of $2.4M, and assets of $4.1M (revenue -1.3% year-over-year).
2018: Revenue of $2.8M, expenses of $2.3M, and assets of $3.9M (revenue +0.9% year-over-year).
2017: Revenue of $2.8M, expenses of $2.2M, and assets of $3.2M (revenue +5.6% year-over-year).
2016: Revenue of $2.6M, expenses of $2.0M, and assets of $2.6M (revenue +6.4% year-over-year).
2015: Revenue of $2.5M, expenses of $1.8M, and assets of $1.9M (revenue +11.7% year-over-year).
2014: Revenue of $2.2M, expenses of $1.6M, and assets of $1.2M (revenue +39.1% year-over-year).
2013: Revenue of $1.6M, expenses of $1.5M, and assets of $605K (revenue +14.5% year-over-year).
2012: Revenue of $1.4M, expenses of $2.3M, and assets of $466K (revenue +1.8% year-over-year).
2011: Revenue of $1.4M, expenses of $1.2M, and assets of $1.4M.

Data Sources and Methodology

This transparency report for Phelps 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.