Purple Circle Day Care Center Inc
Purple Circle Day Care Center Inc shows consistent operations and recent revenue growth, with no reported officer compensation.
EIN: 133073319 · New York, NY · NTEE: B21 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.1M |
| Total Expenses | $1.2M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $601K |
| Transparency Score | 80/100 |
Is Purple Circle Day Care Center Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Purple Circle Day Care Center Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Purple Circle Day Care Center Inc
Purple Circle Day Care Center Inc (EIN: 133073319) is a nonprofit organization based in New York, NY, classified under NTEE code B21. The organization reported total revenue of $2.1M and total assets of $1.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Purple Circle Day Care Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Purple Circle Day Care Center Inc is a mid-size nonprofit that has been operating for 2 years, with 11 years of IRS 990 filings on record (2011–2021). Revenue has grown at a compound annual rate of -2.0%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.1M |
| Total Expenses | $1.2M |
| Surplus / Deficit | $-184,591 |
| Total Assets | $1.9M |
| Total Liabilities | $1.3M |
| Net Assets | $601K |
| Operating Margin | -17.5% |
| Debt-to-Asset Ratio | 68.2% |
| Months of Reserves | 18.3 months |
Financial Health Grade: C
In 2021, Purple Circle Day Care Center Inc reported a deficit of $185K with expenses exceeding revenue, holds 18.3 months of operating reserves (strong position), has a debt-to-asset ratio of 68.2% (high leverage).
Financial Trends
Over 11 years of filings (2011–2021), Purple Circle Day Care Center Inc's revenue has declined at a compound annual growth rate (CAGR) of -2.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | -26.8% | -11.4% | +21.9% |
| 2020 | -6.3% | -8.6% | +2.9% |
| 2019 | +3.4% | +2.8% | +12.0% |
| 2018 | +11.4% | +2.2% | +12.3% |
| 2017 | -8.9% | -0.1% | -10.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2024 |
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 Purple Circle Day Care Center Inc with a Mission Score of 80 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, Purple Circle Day 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.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $185K, with expenses exceeding revenue.
- Debt-to-asset ratio: 68.2%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an entity with revenues exceeding $1 million and suggests either a fully volunteer leadership or compensation being categorized differently.
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 Purple Circle Day Care Center Inc's IRS 990 filings:
- Lack of detailed expense breakdown to verify program spending efficiency
- Unusual 0% officer compensation for an organization of this size, potentially obscuring executive pay details.
Strengths
The following positive indicators were identified for Purple Circle Day Care Center Inc:
- Consistent operational history over more than a decade
- Steady growth in assets, indicating financial stability
- Significant increase in latest reported revenue, suggesting program expansion or increased support
- Historically, revenues generally cover or exceed expenses, demonstrating sound financial management.
Frequently Asked Questions about Purple Circle Day Care Center Inc
Is Purple Circle Day Care Center Inc a legitimate charity?
Purple Circle Day Care Center Inc (EIN: 133073319) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 80/100. It has 11 years of IRS 990 filings on record. Total revenue: $2.1M. 2 red flags identified. 4 strengths noted. Financial health grade: C.
How does Purple Circle Day Care Center Inc spend its money?
Purple Circle Day Care Center Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Purple Circle Day Care Center Inc tax-deductible?
Purple Circle Day Care Center Inc is registered as a tax-exempt nonprofit (EIN: 133073319). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Purple Circle Day Care Center Inc CEO make?
Purple Circle Day Care Center Inc's highest-compensated officer earns $1 annually. The organization reported $2.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Purple Circle Day Care Center Inc's spending goes to programs?
Purple Circle Day Care Center Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Purple Circle Day Care Center Inc compare to similar nonprofits?
With a transparency score of 80/100 (Excellent), Purple Circle Day Care Center Inc is above average for NTEE category B21 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Purple Circle Day Care Center Inc located?
Purple Circle Day Care Center Inc is headquartered in New York, New York and files with the IRS under EIN 133073319. It is classified under NTEE code B21.
How many years of IRS 990 filings does Purple Circle Day Care Center Inc have?
Purple Circle Day Care Center Inc has 11 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 $2.1M in total revenue.
Is Purple Circle Day Care Center Inc a good charity?
Based on the available data, Purple Circle Day Care Center Inc appears to be a financially stable organization with a long operational history. Its consistent revenue generation and asset growth, coupled with no reported officer compensation, suggest a strong commitment to its mission. However, without a detailed breakdown of program vs. administrative expenses, a definitive 'good' rating is difficult, but the indicators are largely positive.
Why is officer compensation consistently 0%?
The consistent reporting of 0% officer compensation is highly unusual for an organization of this size. It could indicate that the leadership is entirely volunteer-based, or that compensation for key personnel is reported under other expense categories, which would reduce transparency regarding executive pay.
How has the organization's financial health changed over time?
The organization has shown consistent revenue generation, generally between $1.2 million and $1.5 million annually, before a significant jump to $2.14 million in the latest period. Assets have steadily grown from $1,094,129 in 201208 to $1,625,148 currently, indicating a healthy financial trajectory and accumulation of resources.
What is the significance of the latest revenue increase?
The latest reported revenue of $2,140,023 represents a substantial increase from previous years' averages (e.g., $1,052,995 in 202108 and $1,438,085 in 202008). This could indicate successful program expansion, increased funding, or new revenue streams. However, without corresponding expense data for this period, it's impossible to assess the efficiency of this growth.
Filing History
IRS 990 filing history for Purple Circle Day Care Center Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2021), Purple Circle Day Care Center Inc's revenue has declined by 18%, moving from $1.3M to $1.1M. Total assets increased by 89.4% over the same period, from $998K to $1.9M. Total functional expenses fell by 3.3%, from $1.3M to $1.2M. In its most recent filing year (2021), Purple Circle Day Care Center Inc reported a deficit of $185K, with expenses exceeding revenue. The organization holds $1.3M in liabilities against $1.9M in assets (debt-to-asset ratio: 68.2%), resulting in net assets of $601K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $1.1M | $1.2M | $1.9M | $1.3M | — | — |
| 2020 | $1.4M | $1.4M | $1.6M | $766K | — | — |
| 2019 | $1.5M | $1.5M | $1.5M | $764K | — | View 990 |
| 2018 | $1.5M | $1.5M | $1.3M | $611K | — | View 990 |
| 2017 | $1.3M | $1.5M | $1.2M | $462K | — | View 990 |
| 2016 | $1.5M | $1.5M | $1.3M | $472K | — | View 990 |
| 2015 | $1.6M | $1.5M | $1.3M | $436K | — | View 990 |
| 2014 | $1.4M | $1.4M | $1.2M | $419K | — | View 990 |
| 2013 | $1.4M | $1.3M | $1.2M | $434K | — | View 990 |
| 2012 | $1.3M | $1.2M | $1.1M | $399K | — | View 990 |
| 2011 | $1.3M | $1.3M | $998K | $324K | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $1.1M, expenses of $1.2M, and assets of $1.9M (revenue -26.8% year-over-year).
- 2020: Revenue of $1.4M, expenses of $1.4M, and assets of $1.6M (revenue -6.3% year-over-year).
- 2019: Revenue of $1.5M, expenses of $1.5M, and assets of $1.5M (revenue +3.4% year-over-year).
- 2018: Revenue of $1.5M, expenses of $1.5M, and assets of $1.3M (revenue +11.4% year-over-year).
- 2017: Revenue of $1.3M, expenses of $1.5M, and assets of $1.2M (revenue -8.9% year-over-year).
- 2016: Revenue of $1.5M, expenses of $1.5M, and assets of $1.3M (revenue -5.8% year-over-year).
- 2015: Revenue of $1.6M, expenses of $1.5M, and assets of $1.3M (revenue +12.2% year-over-year).
- 2014: Revenue of $1.4M, expenses of $1.4M, and assets of $1.2M (revenue +0.6% year-over-year).
- 2013: Revenue of $1.4M, expenses of $1.3M, and assets of $1.2M (revenue +9.0% year-over-year).
- 2012: Revenue of $1.3M, expenses of $1.2M, and assets of $1.1M (revenue -1.7% year-over-year).
- 2011: Revenue of $1.3M, expenses of $1.3M, and assets of $998K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Purple Circle Day Care Center Inc:
Data Sources and Methodology
This transparency report for Purple Circle Day 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.