Precious Littles Early Childhood Development Center Inc
EIN: 223281423 · Newark, NJ · NTEE: P33Z
| Metric | Value |
|---|---|
| Total Revenue | $380K |
| Total Expenses | $225K |
| Net Assets | $-276,355 |
Is Precious Littles Early Childhood Development Center Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Precious Littles Early Childhood Development Center Inc
Precious Littles Early Childhood Development Center Inc (EIN: 223281423) is a nonprofit organization based in Newark, NJ, classified under NTEE code P33Z. The organization reported total revenue of $380K and total assets of $343K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Precious Littles Early Childhood Development Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Precious Littles Early Childhood Development Center Inc is a small nonprofit that has been operating for 31 years, with 4 years of IRS 990 filings on record (2011–2014). Revenue has grown at a compound annual rate of -15.2%.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
| Total Revenue | $227K |
| Total Expenses | $225K |
| Surplus / Deficit | +$2K |
| Total Assets | $330K |
| Total Liabilities | $607K |
| Net Assets | $-276,355 |
| Operating Margin | 0.7% |
| Debt-to-Asset Ratio | 183.7% |
| Months of Reserves | 17.6 months |
Financial Health Grade: A
In 2014, Precious Littles Early Childhood Development Center Inc reported a surplus of $2K with revenue exceeding expenses, holds 17.6 months of operating reserves (strong position), has a debt-to-asset ratio of 183.7% (high leverage).
Financial Trends
Over 4 years of filings (2011–2014), Precious Littles Early Childhood Development Center Inc's revenue has declined at a compound annual growth rate (CAGR) of -15.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2014 | -24.2% | -26.6% | -12.3% |
| 2013 | +19.5% | +28.0% | +12.5% |
| 2012 | -32.6% | -31.3% | -2.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1995 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Precious Littles Early Childhood Development Center Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Precious Littles Early Childhood Development Center Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $2K, with revenue exceeding expenses.
- Debt-to-asset ratio: 183.7%.
Frequently Asked Questions about Precious Littles Early Childhood Development Center Inc
Is Precious Littles Early Childhood Development Center Inc a legitimate charity?
Precious Littles Early Childhood Development Center Inc (EIN: 223281423) is a registered tax-exempt nonprofit based in New Jersey. It has 4 years of IRS 990 filings on record. Total revenue: $380K. No red flags identified. Financial health grade: A.
How does Precious Littles Early Childhood Development Center Inc spend its money?
Precious Littles Early Childhood Development Center Inc reported $380K in total revenue in IRS 990 filings. 4 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Precious Littles Early Childhood Development Center Inc tax-deductible?
Precious Littles Early Childhood Development Center Inc is registered as a tax-exempt nonprofit (EIN: 223281423). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Precious Littles Early Childhood Development Center Inc located?
Precious Littles Early Childhood Development Center Inc is headquartered in Newark, New Jersey and files with the IRS under EIN 223281423. It is classified under NTEE code P33Z.
How many years of IRS 990 filings does Precious Littles Early Childhood Development Center Inc have?
Precious Littles Early Childhood Development Center Inc has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $380K in total revenue.
Filing History
IRS 990 filing history for Precious Littles Early Childhood Development Center Inc showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2011–2014), Precious Littles Early Childhood Development Center Inc's revenue has declined by 39%, moving from $372K to $227K. Total assets decreased by 4% over the same period, from $344K to $330K. Total functional expenses fell by 35.5%, from $349K to $225K. In its most recent filing year (2014), Precious Littles Early Childhood Development Center Inc reported a surplus of $2K, with revenue exceeding expenses. The organization holds $607K in liabilities against $330K in assets (debt-to-asset ratio: 183.7%), resulting in net assets of $-276,355.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2014 | $227K | $225K | $330K | $607K | — | View 990 |
| 2013 | $299K | $307K | $377K | $632K | — | View 990 |
| 2012 | $250K | $240K | $335K | $625K | — | View 990 |
| 2011 | $372K | $349K | $344K | $647K | — | View 990 |
Year-by-Year Financial Summary
- 2014: Revenue of $227K, expenses of $225K, and assets of $330K (revenue -24.2% year-over-year).
- 2013: Revenue of $299K, expenses of $307K, and assets of $377K (revenue +19.5% year-over-year).
- 2012: Revenue of $250K, expenses of $240K, and assets of $335K (revenue -32.6% year-over-year).
- 2011: Revenue of $372K, expenses of $349K, and assets of $344K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Precious Littles Early Childhood Development Center Inc:
Data Sources and Methodology
This transparency report for Precious Littles Early Childhood Development 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.