Professional Childrens School Inc
Professional Childrens School Inc shows recent operating deficits despite a history of financial stability and no reported officer compensation.
EIN: 131635277 · New York, NY · NTEE: A6E0 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $16.9M |
| Total Expenses | $9.3M |
| Program Spending | 85% |
| Net Assets | $13.0M |
| Transparency Score | 85/100 |
Is Professional Childrens School Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Professional Childrens School Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Professional Childrens School Inc
Professional Childrens School Inc (EIN: 131635277) is a nonprofit organization based in New York, NY, classified under NTEE code A6E0. The organization reported total revenue of $16.9M and total assets of $17.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Professional Childrens School Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Professional Childrens School Inc is a large nonprofit that has been operating for 92 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of -0.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $7.2M |
| Total Expenses | $9.3M |
| Surplus / Deficit | $-2,159,760 |
| Total Assets | $19.2M |
| Total Liabilities | $6.2M |
| Net Assets | $13.0M |
| Operating Margin | -30.1% |
| Debt-to-Asset Ratio | 32.3% |
| Months of Reserves | 24.6 months |
Financial Health Grade: B
In 2023, Professional Childrens School Inc reported a deficit of $2.2M with expenses exceeding revenue, holds 24.6 months of operating reserves (strong position), has a debt-to-asset ratio of 32.3% (moderate leverage).
Financial Trends
Over 12 years of filings (2012–2023), Professional Childrens School Inc's revenue has declined at a compound annual growth rate (CAGR) of -0.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -9.4% | +4.4% | -7.8% |
| 2022 | -26.3% | -11.4% | -11.4% |
| 2021 | +8.6% | +0.4% | -6.5% |
| 2020 | +0.2% | +2.5% | +6.5% |
| 2019 | -4.2% | +1.5% | -3.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1934 |
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 Professional Childrens School Inc 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, Professional Childrens School 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $2.2M, with expenses exceeding revenue.
- Debt-to-asset ratio: 32.3%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no portion of its expenses is allocated to executive salaries, which is highly commendable for a nonprofit of its size.
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 Professional Childrens School Inc's IRS 990 filings:
- Operating deficits in the two most recent fiscal periods (202306 and 202206)
- Significant decline in total assets from $25,082,480 in 202006 to $19,166,904 in 202306
Strengths
The following positive indicators were identified for Professional Childrens School Inc:
- Consistent reporting of 0% officer compensation across all filings, indicating high resource allocation to mission
- Historically strong revenue generation, with revenues generally exceeding expenses in most periods prior to 2022
- Substantial asset base of $19,166,904 in 202306, providing financial stability
Frequently Asked Questions about Professional Childrens School Inc
Is Professional Childrens School Inc a legitimate charity?
Professional Childrens School Inc (EIN: 131635277) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 12 years of IRS 990 filings on record. Total revenue: $16.9M. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Professional Childrens School Inc spend its money?
Professional Childrens School Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Professional Childrens School Inc tax-deductible?
Professional Childrens School Inc is registered as a tax-exempt nonprofit (EIN: 131635277). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Professional Childrens School Inc's spending goes to programs?
Professional Childrens School Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Professional Childrens School Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Professional Childrens School Inc is above average for NTEE category A6E0 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Professional Childrens School Inc located?
Professional Childrens School Inc is headquartered in New York, New York and files with the IRS under EIN 131635277. It is classified under NTEE code A6E0.
How many years of IRS 990 filings does Professional Childrens School Inc have?
Professional Childrens School Inc has 12 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 $16.9M in total revenue.
What caused the recent operating deficits in 2022 and 2023?
The filings for 202306 show expenses of $9,333,416 against revenues of $7,173,656, and for 202206, expenses of $8,940,612 against revenues of $7,913,959. Further investigation into the detailed expense categories would be needed to pinpoint the exact causes of these deficits.
Why have the organization's assets decreased significantly since 2020?
Assets peaked at $25,082,480 in 202006 and have since declined to $19,166,904 in 202306. This reduction could be due to asset sales, depreciation, or the use of reserves to cover operating deficits, especially given the recent negative net income.
Is the organization's financial health sustainable given the recent trends?
While the organization has a strong asset base, the recent trend of expenses exceeding revenue in the last two reported periods (202306 and 202206) suggests a need for careful monitoring and potential adjustments to ensure long-term financial sustainability.
Filing History
IRS 990 filing history for Professional Childrens School Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Professional Childrens School Inc's revenue has declined by 7.1%, moving from $7.7M to $7.2M. Total assets increased by 6.2% over the same period, from $18.0M to $19.2M. Total functional expenses rose by 28.6%, from $7.3M to $9.3M. In its most recent filing year (2023), Professional Childrens School Inc reported a deficit of $2.2M, with expenses exceeding revenue. The organization holds $6.2M in liabilities against $19.2M in assets (debt-to-asset ratio: 32.3%), resulting in net assets of $13.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $7.2M | $9.3M | $19.2M | $6.2M | — | View 990 |
| 2022 | $7.9M | $8.9M | $20.8M | $6.3M | — | View 990 |
| 2021 | $10.7M | $10.1M | $23.5M | $7.2M | — | View 990 |
| 2020 | $9.9M | $10.1M | $25.1M | $9.5M | — | View 990 |
| 2019 | $9.9M | $9.8M | $23.5M | $7.9M | — | View 990 |
| 2018 | $10.3M | $9.7M | $24.3M | $9.0M | — | View 990 |
| 2017 | $9.9M | $9.7M | $23.3M | $8.5M | — | View 990 |
| 2016 | $9.4M | $8.9M | $21.4M | $7.1M | — | View 990 |
| 2015 | $9.9M | $8.3M | $20.8M | $7.1M | — | View 990 |
| 2014 | $8.9M | $7.9M | $19.7M | $7.6M | — | View 990 |
| 2013 | $8.3M | $7.7M | $18.7M | $7.9M | — | View 990 |
| 2012 | $7.7M | $7.3M | $18.0M | $8.1M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $7.2M, expenses of $9.3M, and assets of $19.2M (revenue -9.4% year-over-year).
- 2022: Revenue of $7.9M, expenses of $8.9M, and assets of $20.8M (revenue -26.3% year-over-year).
- 2021: Revenue of $10.7M, expenses of $10.1M, and assets of $23.5M (revenue +8.6% year-over-year).
- 2020: Revenue of $9.9M, expenses of $10.1M, and assets of $25.1M (revenue +0.2% year-over-year).
- 2019: Revenue of $9.9M, expenses of $9.8M, and assets of $23.5M (revenue -4.2% year-over-year).
- 2018: Revenue of $10.3M, expenses of $9.7M, and assets of $24.3M (revenue +4.0% year-over-year).
- 2017: Revenue of $9.9M, expenses of $9.7M, and assets of $23.3M (revenue +5.0% year-over-year).
- 2016: Revenue of $9.4M, expenses of $8.9M, and assets of $21.4M (revenue -5.2% year-over-year).
- 2015: Revenue of $9.9M, expenses of $8.3M, and assets of $20.8M (revenue +11.9% year-over-year).
- 2014: Revenue of $8.9M, expenses of $7.9M, and assets of $19.7M (revenue +6.9% year-over-year).
- 2013: Revenue of $8.3M, expenses of $7.7M, and assets of $18.7M (revenue +7.7% year-over-year).
- 2012: Revenue of $7.7M, expenses of $7.3M, and assets of $18.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Professional Childrens School Inc:
Data Sources and Methodology
This transparency report for Professional Childrens School 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.