Port Washington Childrens Center
Port Washington Childrens Center shows strong revenue growth and zero reported officer compensation.
EIN: 112462594 · Prt Washingtn, NY · NTEE: P33Z · Updated: 2026-03-28
Is Port Washington Childrens Center Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Port Washington Childrens Center directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Port Washington Childrens Center
Port Washington Childrens Center (EIN: 112462594) is a nonprofit organization based in Prt Washingtn, NY, classified under NTEE code P33Z. The organization reported total revenue of $6.3M and total assets of $2.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Port Washington Childrens Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Port Washington Childrens Center is a mid-size nonprofit that has been operating for 47 years, with 13 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 9.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $5.7M |
| Total Expenses | $5.3M |
| Surplus / Deficit | +$347K |
| Total Assets | $2.5M |
| Total Liabilities | $1.3M |
| Net Assets | $1.2M |
| Operating Margin | 6.1% |
| Debt-to-Asset Ratio | 50.5% |
| Months of Reserves | 5.6 months |
Financial Health Grade: A
In 2023, Port Washington Childrens Center reported a surplus of $347K with revenue exceeding expenses, holds 5.6 months of operating reserves (adequate), has a debt-to-asset ratio of 50.5% (high leverage).
Financial Trends
Over 13 years of filings (2010–2023), Port Washington Childrens Center's revenue has grown at a compound annual growth rate (CAGR) of 9.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +21.6% | +29.5% | +9.8% |
| 2022 | +107.8% | +61.4% | +13.0% |
| 2021 | -25.4% | -27.4% | +21.1% |
| 2020 | -15.6% | -1.9% | -25.7% |
| 2019 | +8.5% | +11.6% | +6.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1979 |
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 Port Washington Childrens Center with a Mission Score of 90 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, Port Washington Childrens Center 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 $347K, with revenue exceeding expenses.
- Debt-to-asset ratio: 50.5%.
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 for an organization of its size with revenue exceeding $5 million. This suggests either a volunteer leadership structure or that compensation is categorized differently, warranting further investigation for complete transparency.
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 Port Washington Childrens Center's IRS 990 filings:
- Unusually low or zero reported officer compensation for an organization of this size, which may indicate compensation is reported under other categories or a highly unusual volunteer leadership structure that warrants further scrutiny for complete transparency.
Strengths
The following positive indicators were identified for Port Washington Childrens Center:
- Strong revenue growth, increasing from $2,248,944 in 2021 to $5,682,534 in 2023.
- Consistent positive net income in recent years, such as $347,060 in 2023 and $553,533 in 2022, indicating sound financial management.
- Zero reported officer compensation across all available filings, suggesting a high dedication of funds to programmatic activities.
- Steady growth in assets, reaching $2,504,790 in 2023, enhancing financial stability.
Frequently Asked Questions about Port Washington Childrens Center
Is Port Washington Childrens Center a legitimate charity?
Based on AI analysis of IRS 990 filings, Port Washington Childrens Center (EIN: 112462594) some concerns. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
How does Port Washington Childrens Center spend its money?
Port Washington Childrens Center directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Port Washington Childrens Center tax-deductible?
Port Washington Childrens Center is registered as a tax-exempt nonprofit (EIN: 112462594). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Port Washington Childrens Center a good charity?
Based on the provided data, the Port Washington Childrens Center appears to be a good charity, demonstrating strong revenue growth, consistent positive net income in recent years, and a notable commitment to not paying officer compensation, which suggests a high dedication to its mission.
How has the organization's revenue changed over time?
The organization has experienced significant revenue growth, particularly from $2,248,944 in 2021 to $5,682,534 in 2023, indicating expanding operations and support.
What is the trend in the organization's assets?
The organization's assets have shown a consistent upward trend, growing from $1,307,161 in 2013 to $2,504,790 in 2023, indicating increasing financial stability and capacity.
Does the organization pay its officers?
According to the provided IRS 990 data, the organization consistently reports 0% officer compensation across all available filing periods, suggesting that officers are not compensated directly through salaries.
Filing History
IRS 990 filing history for Port Washington Childrens Center showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2010–2023), Port Washington Childrens Center's revenue has grown by 209.5%, moving from $1.8M to $5.7M. Total assets increased by 89.1% over the same period, from $1.3M to $2.5M. Total functional expenses rose by 202.5%, from $1.8M to $5.3M. In its most recent filing year (2023), Port Washington Childrens Center reported a surplus of $347K, with revenue exceeding expenses. The organization holds $1.3M in liabilities against $2.5M in assets (debt-to-asset ratio: 50.5%), resulting in net assets of $1.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $5.7M | $5.3M | $2.5M | $1.3M | — | — |
| 2022 | $4.7M | $4.1M | $2.3M | $1.4M | — | View 990 |
| 2021 | $2.2M | $2.6M | $2.0M | $1.7M | — | — |
| 2020 | $3.0M | $3.5M | $1.7M | $1.0M | — | — |
| 2019 | $3.6M | $3.6M | $2.2M | $1.1M | — | View 990 |
| 2018 | $3.3M | $3.2M | $2.1M | $954K | — | View 990 |
| 2017 | $3.1M | $3.1M | $2.0M | $901K | — | View 990 |
| 2016 | $2.9M | $2.9M | $1.8M | $799K | — | View 990 |
| 2014 | $2.6M | $2.4M | $1.6M | $582K | — | View 990 |
| 2013 | $2.4M | $2.2M | $1.3M | $484K | — | View 990 |
| 2012 | $2.3M | $2.3M | $1.2M | $556K | — | View 990 |
| 2011 | $2.4M | $2.4M | $1.3M | $645K | — | View 990 |
| 2010 | $1.8M | $1.8M | $1.3M | $715K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5.7M, expenses of $5.3M, and assets of $2.5M (revenue +21.6% year-over-year).
- 2022: Revenue of $4.7M, expenses of $4.1M, and assets of $2.3M (revenue +107.8% year-over-year).
- 2021: Revenue of $2.2M, expenses of $2.6M, and assets of $2.0M (revenue -25.4% year-over-year).
- 2020: Revenue of $3.0M, expenses of $3.5M, and assets of $1.7M (revenue -15.6% year-over-year).
- 2019: Revenue of $3.6M, expenses of $3.6M, and assets of $2.2M (revenue +8.5% year-over-year).
- 2018: Revenue of $3.3M, expenses of $3.2M, and assets of $2.1M (revenue +4.7% year-over-year).
- 2017: Revenue of $3.1M, expenses of $3.1M, and assets of $2.0M (revenue +6.7% year-over-year).
- 2016: Revenue of $2.9M, expenses of $2.9M, and assets of $1.8M (revenue +14.0% year-over-year).
- 2014: Revenue of $2.6M, expenses of $2.4M, and assets of $1.6M (revenue +7.1% year-over-year).
- 2013: Revenue of $2.4M, expenses of $2.2M, and assets of $1.3M (revenue +2.9% year-over-year).
- 2012: Revenue of $2.3M, expenses of $2.3M, and assets of $1.2M (revenue -1.3% year-over-year).
- 2011: Revenue of $2.4M, expenses of $2.4M, and assets of $1.3M (revenue +29.7% year-over-year).
- 2010: Revenue of $1.8M, expenses of $1.8M, and assets of $1.3M.
Data Sources and Methodology
This transparency report for Port Washington Childrens Center 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.