Rahway Day Care Center Inc
Rahway Day Care Center Inc: Steady Growth, Strong Program Focus
EIN: 221967779 · Rahway, NJ · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $2.4M |
| Total Expenses | $2.2M |
| Program Spending | 87% |
| Net Assets | $1.3M |
| Transparency Score | 85/100 |
Is Rahway Day Care Center Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Rahway Day Care Center Inc directs 87% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Rahway Day Care Center Inc
Rahway Day Care Center Inc (EIN: 221967779) is a nonprofit organization based in Rahway, NJ. The organization reported total revenue of $2.4M and total assets of $1.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rahway Day Care Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Rahway Day Care Center Inc is a mid-size nonprofit that has been operating for 52 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.6M |
| Total Expenses | $2.2M |
| Surplus / Deficit | +$336K |
| Total Assets | $1.4M |
| Total Liabilities | $107K |
| Net Assets | $1.3M |
| Operating Margin | 13.0% |
| Debt-to-Asset Ratio | 7.8% |
| Months of Reserves | 7.3 months |
Financial Health Grade: A
In 2023, Rahway Day Care Center Inc reported a surplus of $336K with revenue exceeding expenses, holds 7.3 months of operating reserves (strong position), has a debt-to-asset ratio of 7.8% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Rahway Day Care Center Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +16.5% | +11.5% | +27.0% |
| 2022 | +20.9% | +18.8% | +37.0% |
| 2021 | -3.9% | +3.7% | +14.0% |
| 2020 | -1.0% | -7.6% | +93.5% |
| 2019 | +34.0% | +30.4% | +30.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1974 |
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 Rahway Day Care Center 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: 8%
- programs: 87%
- fundraising: 5%
According to IRS 990 filings, Rahway Day Care Center Inc allocates its expenses as follows: admin: 8%, programs: 87%, fundraising: 5%. With 87% 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 $336K, with revenue exceeding expenses.
- Debt-to-asset ratio: 7.8%.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided data, preventing a specific assessment of its reasonableness against organizational revenue and expenses.
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.
Strengths
The following positive indicators were identified for Rahway Day Care Center Inc:
- Consistent revenue growth over the past several years, from $1,145,210 in 2017 to $2,572,647 in 2023.
- Strong program spending, consistently allocating a high percentage of expenses to direct services.
- Healthy asset growth, increasing from $109,373 in 2017 to $1,364,863 in 2023.
Frequently Asked Questions about Rahway Day Care Center Inc
Is Rahway Day Care Center Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Rahway Day Care Center Inc (EIN: 221967779) appears legitimate. Mission Score: 85/100. 0 red flags identified, 3 strengths noted.
How does Rahway Day Care Center Inc spend its money?
Rahway Day Care Center Inc directs 87% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Rahway Day Care Center Inc tax-deductible?
Rahway Day Care Center Inc is registered as a tax-exempt nonprofit (EIN: 221967779). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Rahway Day Care Center Inc's spending goes to programs?
Rahway Day Care Center Inc directs 87% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Rahway Day Care Center Inc located?
Rahway Day Care Center Inc is headquartered in Rahway, New Jersey and files with the IRS under EIN 221967779.
How many years of IRS 990 filings does Rahway Day Care Center Inc have?
Rahway Day Care Center Inc 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 $2.4M in total revenue.
What does Rahway Day Care Center Inc do?
Rahway Day Care Center Inc is a nonprofit organization in the Unknown sector, located in Rahway, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Rahway Day Care Center Inc have?
Rahway Day Care Center Inc reported total revenue of $2,421,052. Based on 13 IRS 990 filings on record.
What are Rahway Day Care Center Inc's total assets?
Rahway Day Care Center Inc holds total assets of $1,502,270 as reported in IRS 990 filings.
Where is Rahway Day Care Center Inc located?
Rahway Day Care Center Inc is based in Rahway, New Jersey.
What is Rahway Day Care Center Inc's EIN?
Rahway Day Care Center Inc's Employer Identification Number (EIN) is 221967779. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Rahway Day Care Center Inc?
Rahway Day Care Center Inc is classified under NTEE code Unknown (Unknown).
Is Rahway Day Care Center Inc a registered 501(c)(3)?
Rahway Day Care Center Inc appears in IRS records (EIN: 221967779). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Rahway Day Care Center Inc file IRS Form 990?
Yes, Rahway Day Care Center Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Rahway Day Care Center Inc's revenue in 2023?
In the 202312 filing period, Rahway Day Care Center Inc reported total revenue of $2,572,647, total expenses of $2,237,036, and net assets of $1,364,863.
Is Rahway Day Care Center Inc's revenue growing or declining?
Rahway Day Care Center Inc's revenue is growing. Revenue went from $2,208,909 (202212) to $2,572,647 (202312), a +16.5% change. Based on 13 filings on record.
What is Rahway Day Care Center Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Rahway Day Care Center Inc covers tax period 202312. It shows revenue of $2,572,647, expenses of $2,237,036, total assets of $1,364,863, and liabilities of $106,528.
How much does Rahway Day Care Center Inc spend on programs vs administration?
Based on IRS 990 analysis, Rahway Day Care Center Inc allocates approximately 87% of expenses to program services, 8% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Rahway Day Care Center Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Rahway Day Care Center Inc appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 3 strengths noted.
What are Rahway Day Care Center Inc's strengths?
Positive indicators for Rahway Day Care Center Inc include: Consistent revenue growth over the past several years, from $1,145,210 in 2017 to $2,572,647 in 2023.. Strong program spending, consistently allocating a high percentage of expenses to direct services.. Healthy asset growth, increasing from $109,373 in 2017 to $1,364,863 in 2023.. These findings are derived from AI analysis of the organization's financial filings.
How does Rahway Day Care Center Inc compensate executives?
Executive compensation is not explicitly detailed in the provided data, preventing a specific assessment of its reasonableness against organizational revenue and expenses. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How has Rahway Day Care Center Inc managed to achieve such consistent and significant asset growth over the past seven years?
The organization has consistently generated surpluses (revenue exceeding expenses) in most years, allowing for the accumulation of assets. For example, in 2023, revenue was $2,572,647 against expenses of $2,237,036, contributing to asset growth.
What factors might explain the relatively low liabilities compared to assets, and what does this imply about the organization's financial health?
Low liabilities, such as $106,528 in 2023 compared to $1,364,863 in assets, suggest strong financial solvency and a reduced reliance on debt. This indicates a very healthy financial position, providing stability and flexibility for future operations.
Filing History
IRS 990 filing history for Rahway Day Care Center Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Rahway Day Care Center Inc's revenue has grown by 121.1%, moving from $1.2M to $2.6M. Total assets increased by 1070.7% over the same period, from $117K to $1.4M. Total functional expenses rose by 89%, from $1.2M to $2.2M. In its most recent filing year (2023), Rahway Day Care Center Inc reported a surplus of $336K, with revenue exceeding expenses. The organization holds $107K in liabilities against $1.4M in assets (debt-to-asset ratio: 7.8%), resulting in net assets of $1.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.6M | $2.2M | $1.4M | $107K | — | — |
| 2022 | $2.2M | $2.0M | $1.1M | $152K | — | — |
| 2021 | $1.8M | $1.7M | $784K | $64K | — | View 990 |
| 2020 | $1.9M | $1.6M | $688K | $107K | — | — |
| 2019 | $1.9M | $1.8M | $356K | $48K | — | View 990 |
| 2018 | $1.4M | $1.4M | $272K | $116K | — | View 990 |
| 2017 | $1.1M | $1.2M | $109K | $36K | — | View 990 |
| 2016 | $1.2M | $1.2M | $111K | $29K | — | View 990 |
| 2015 | $1.3M | $1.3M | $143K | $31K | — | View 990 |
| 2014 | $1.2M | $1.2M | $179K | $46K | — | View 990 |
| 2013 | $1.2M | $1.2M | $231K | $45K | — | View 990 |
| 2012 | $1.2M | $1.1M | $140K | $45K | — | View 990 |
| 2011 | $1.2M | $1.2M | $117K | $51K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.6M, expenses of $2.2M, and assets of $1.4M (revenue +16.5% year-over-year).
- 2022: Revenue of $2.2M, expenses of $2.0M, and assets of $1.1M (revenue +20.9% year-over-year).
- 2021: Revenue of $1.8M, expenses of $1.7M, and assets of $784K (revenue -3.9% year-over-year).
- 2020: Revenue of $1.9M, expenses of $1.6M, and assets of $688K (revenue -1.0% year-over-year).
- 2019: Revenue of $1.9M, expenses of $1.8M, and assets of $356K (revenue +34.0% year-over-year).
- 2018: Revenue of $1.4M, expenses of $1.4M, and assets of $272K (revenue +25.2% year-over-year).
- 2017: Revenue of $1.1M, expenses of $1.2M, and assets of $109K (revenue -3.6% year-over-year).
- 2016: Revenue of $1.2M, expenses of $1.2M, and assets of $111K (revenue -5.5% year-over-year).
- 2015: Revenue of $1.3M, expenses of $1.3M, and assets of $143K (revenue +5.3% year-over-year).
- 2014: Revenue of $1.2M, expenses of $1.2M, and assets of $179K (revenue -3.8% year-over-year).
- 2013: Revenue of $1.2M, expenses of $1.2M, and assets of $231K (revenue +5.4% year-over-year).
- 2012: Revenue of $1.2M, expenses of $1.1M, and assets of $140K (revenue +1.2% year-over-year).
- 2011: Revenue of $1.2M, expenses of $1.2M, and assets of $117K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Rahway Day Care Center Inc:
Data Sources and Methodology
This transparency report for Rahway 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.