Puerta Abierta Preschool
EIN: 364179815 · Evanston, IL · NTEE: B21
| Metric | Value |
|---|---|
| Total Revenue | $786K |
| Total Expenses | $706K |
| Net Assets | $84K |
Is Puerta Abierta Preschool Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Puerta Abierta Preschool
Puerta Abierta Preschool (EIN: 364179815) is a nonprofit organization based in Evanston, IL, classified under NTEE code B21. The organization reported total revenue of $786K and total assets of $163K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Puerta Abierta Preschool's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Puerta Abierta Preschool is a small nonprofit that has been operating for 4 years, with 13 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 4.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $618K |
| Total Expenses | $706K |
| Surplus / Deficit | $-88,602 |
| Total Assets | $103K |
| Total Liabilities | $19K |
| Net Assets | $84K |
| Operating Margin | -14.3% |
| Debt-to-Asset Ratio | 18.3% |
| Months of Reserves | 1.7 months |
Financial Health Grade: C
In 2023, Puerta Abierta Preschool reported a deficit of $89K with expenses exceeding revenue, holds 1.7 months of operating reserves (limited), has a debt-to-asset ratio of 18.3% (very low leverage).
Financial Trends
Over 13 years of filings (2010–2023), Puerta Abierta Preschool's revenue has grown at a compound annual growth rate (CAGR) of 4.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -10.4% | +34.6% | -43.8% |
| 2022 | +60.7% | +3.6% | -8.9% |
| 2020 | -8.1% | +9.1% | -0.4% |
| 2019 | -13.8% | -13.4% | -3.0% |
| 2018 | +8.5% | +6.0% | +2.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2022 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Puerta Abierta Preschool 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 Puerta Abierta Preschool 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $89K, with expenses exceeding revenue.
- Debt-to-asset ratio: 18.3%.
Frequently Asked Questions about Puerta Abierta Preschool
Is Puerta Abierta Preschool a legitimate charity?
Puerta Abierta Preschool (EIN: 364179815) is a registered tax-exempt nonprofit based in Illinois. It has 13 years of IRS 990 filings on record. Total revenue: $786K. No red flags identified. Financial health grade: C.
How does Puerta Abierta Preschool spend its money?
Puerta Abierta Preschool reported $786K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Puerta Abierta Preschool tax-deductible?
Puerta Abierta Preschool is registered as a tax-exempt nonprofit (EIN: 364179815). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Puerta Abierta Preschool located?
Puerta Abierta Preschool is headquartered in Evanston, Illinois and files with the IRS under EIN 364179815. It is classified under NTEE code B21.
How many years of IRS 990 filings does Puerta Abierta Preschool have?
Puerta Abierta Preschool 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 $786K in total revenue.
Filing History
IRS 990 filing history for Puerta Abierta Preschool showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2010–2023), Puerta Abierta Preschool's revenue has grown by 66.2%, moving from $372K to $618K. Total assets increased by 53.3% over the same period, from $67K to $103K. Total functional expenses rose by 93%, from $366K to $706K. In its most recent filing year (2023), Puerta Abierta Preschool reported a deficit of $89K, with expenses exceeding revenue. The organization holds $19K in liabilities against $103K in assets (debt-to-asset ratio: 18.3%), resulting in net assets of $84K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $618K | $706K | $103K | $19K | — | View 990 |
| 2022 | $689K | $525K | $182K | $10K | — | View 990 |
| 2020 | $429K | $506K | $200K | $84K | — | — |
| 2019 | $467K | $464K | $201K | $7K | — | View 990 |
| 2018 | $542K | $536K | $207K | $16K | — | View 990 |
| 2017 | $500K | $506K | $203K | $18K | — | View 990 |
| 2016 | $499K | $492K | $202K | $10K | — | View 990 |
| 2015 | $557K | $486K | $201K | $17K | — | View 990 |
| 2014 | $483K | $470K | $124K | $11K | — | View 990 |
| 2013 | $466K | $427K | $109K | $9K | — | View 990 |
| 2012 | $414K | $402K | $77K | $16K | — | View 990 |
| 2011 | $373K | $382K | $58K | $9K | — | View 990 |
| 2010 | $372K | $366K | $67K | $10K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $618K, expenses of $706K, and assets of $103K (revenue -10.4% year-over-year).
- 2022: Revenue of $689K, expenses of $525K, and assets of $182K (revenue +60.7% year-over-year).
- 2020: Revenue of $429K, expenses of $506K, and assets of $200K (revenue -8.1% year-over-year).
- 2019: Revenue of $467K, expenses of $464K, and assets of $201K (revenue -13.8% year-over-year).
- 2018: Revenue of $542K, expenses of $536K, and assets of $207K (revenue +8.5% year-over-year).
- 2017: Revenue of $500K, expenses of $506K, and assets of $203K (revenue +0.0% year-over-year).
- 2016: Revenue of $499K, expenses of $492K, and assets of $202K (revenue -10.3% year-over-year).
- 2015: Revenue of $557K, expenses of $486K, and assets of $201K (revenue +15.3% year-over-year).
- 2014: Revenue of $483K, expenses of $470K, and assets of $124K (revenue +3.5% year-over-year).
- 2013: Revenue of $466K, expenses of $427K, and assets of $109K (revenue +12.7% year-over-year).
- 2012: Revenue of $414K, expenses of $402K, and assets of $77K (revenue +10.8% year-over-year).
- 2011: Revenue of $373K, expenses of $382K, and assets of $58K (revenue +0.5% year-over-year).
- 2010: Revenue of $372K, expenses of $366K, and assets of $67K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Puerta Abierta Preschool:
Data Sources and Methodology
This transparency report for Puerta Abierta Preschool 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.