Rena Day Care Centers Inc
Rena Day Care Centers Inc shows strong revenue growth and asset accumulation with no reported officer compensation.
EIN: 132724410 · New York, NY · NTEE: P33Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $12.6M |
| Total Expenses | $10.5M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $11 |
| Net Assets | $947K |
| Transparency Score | 92/100 |
Is Rena Day Care Centers Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Rena Day Care Centers Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Rena Day Care Centers Inc
Rena Day Care Centers Inc (EIN: 132724410) is a nonprofit organization based in New York, NY, classified under NTEE code P33Z. The organization reported total revenue of $12.6M and total assets of $2.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rena Day Care Centers Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Rena Day Care Centers Inc is a large nonprofit that has been operating for 51 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $11.1M |
| Total Expenses | $10.5M |
| Surplus / Deficit | +$511K |
| Total Assets | $2.4M |
| Total Liabilities | $1.5M |
| Net Assets | $947K |
| Operating Margin | 4.6% |
| Debt-to-Asset Ratio | 61.0% |
| Months of Reserves | 2.8 months |
Financial Health Grade: B
In 2023, Rena Day Care Centers Inc reported a surplus of $511K with revenue exceeding expenses, holds 2.8 months of operating reserves (limited), has a debt-to-asset ratio of 61.0% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Rena Day Care Centers Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +51.1% | +45.3% | +102.1% |
| 2022 | -2.7% | +2.1% | +11.0% |
| 2021 | +6.7% | -0.6% | +7.6% |
| 2020 | -5.3% | -3.9% | +16.8% |
| 2019 | +3.1% | +9.0% | +27.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1975 |
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 Rena Day Care Centers Inc with a Mission Score of 92 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Rena Day Care Centers Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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 $511K, with revenue exceeding expenses.
- Debt-to-asset ratio: 61.0%.
Executive Compensation Analysis
Rena Day Care Centers Inc consistently reports 0% officer compensation across all available IRS 990 filings, which is highly unusual for an organization of its size with over $11 million in annual revenue, suggesting either volunteer leadership or compensation structured outside of typical officer categories.
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 Rena Day Care Centers Inc's IRS 990 filings:
- Unusually low or 0% reported officer compensation for an organization of this size, which may warrant further inquiry into leadership compensation structures.
Strengths
The following positive indicators were identified for Rena Day Care Centers Inc:
- Consistent reporting of 0% officer compensation, indicating a high potential for funds to be directed to programs.
- Significant revenue growth in recent years, from approximately $7 million to over $12 million.
- Substantial increase in assets, more than doubling from 2021 to 2023, enhancing financial stability.
- Expenses consistently align closely with revenue, suggesting efficient use of funds for current operations.
- Healthy balance sheet with assets significantly exceeding liabilities in recent periods.
Frequently Asked Questions about Rena Day Care Centers Inc
Is Rena Day Care Centers Inc a legitimate charity?
Rena Day Care Centers Inc (EIN: 132724410) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 92/100. It has 13 years of IRS 990 filings on record. Total revenue: $12.6M. 1 red flag identified. 5 strengths noted. Financial health grade: B.
How does Rena Day Care Centers Inc spend its money?
Rena Day Care Centers Inc directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Rena Day Care Centers Inc tax-deductible?
Rena Day Care Centers Inc is registered as a tax-exempt nonprofit (EIN: 132724410). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Rena Day Care Centers Inc CEO make?
Rena Day Care Centers Inc's highest-compensated officer earns $11 annually. The organization reported $12.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Rena Day Care Centers Inc's spending goes to programs?
Rena Day Care Centers Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Rena Day Care Centers Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Rena Day Care Centers Inc is above average for NTEE category P33Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Rena Day Care Centers Inc located?
Rena Day Care Centers Inc is headquartered in New York, New York and files with the IRS under EIN 132724410. It is classified under NTEE code P33Z.
How many years of IRS 990 filings does Rena Day Care Centers Inc have?
Rena Day Care Centers 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 $12.6M in total revenue.
Is Rena Day Care Centers Inc a good charity?
Based on the available data, Rena Day Care Centers Inc appears to be a very good charity. It demonstrates strong financial health, significant revenue growth, and a remarkable commitment to its mission by reporting 0% officer compensation, indicating that a very high proportion of funds likely go directly to programs.
How has the organization's revenue changed over time?
Rena Day Care Centers Inc has seen significant revenue growth, particularly in recent years. After maintaining revenues around $7-7.5 million from 2014-2021, its revenue jumped to $11.06 million in 2023 and is reported at $12.57 million for the latest period, indicating substantial expansion.
What is the organization's asset growth like?
The organization has experienced substantial asset growth, more than doubling its assets from $1.08 million in 2021 to $2.42 million in 2023, demonstrating improved financial stability and capacity.
Filing History
IRS 990 filing history for Rena Day Care Centers Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Rena Day Care Centers Inc's revenue has grown by 97%, moving from $5.6M to $11.1M. Total assets increased by 419.7% over the same period, from $467K to $2.4M. Total functional expenses rose by 89.7%, from $5.6M to $10.5M. In its most recent filing year (2023), Rena Day Care Centers Inc reported a surplus of $511K, with revenue exceeding expenses. The organization holds $1.5M in liabilities against $2.4M in assets (debt-to-asset ratio: 61.0%), resulting in net assets of $947K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $11.1M | $10.5M | $2.4M | $1.5M | — | — |
| 2022 | $7.3M | $7.3M | $1.2M | $764K | — | View 990 |
| 2021 | $7.5M | $7.1M | $1.1M | $707K | — | — |
| 2020 | $7.1M | $7.2M | $1.0M | $1.0M | — | View 990 |
| 2019 | $7.4M | $7.4M | $860K | $796K | — | View 990 |
| 2018 | $7.2M | $6.8M | $676K | $620K | — | View 990 |
| 2017 | $7.3M | $7.3M | $830K | $759K | — | View 990 |
| 2016 | $7.4M | $7.5M | $923K | $826K | — | View 990 |
| 2015 | $7.6M | $7.6M | $940K | $808K | — | View 990 |
| 2014 | $7.1M | $7.1M | $932K | $789K | — | View 990 |
| 2013 | $6.3M | $6.2M | $1.0M | $873K | — | View 990 |
| 2012 | $4.9M | $4.8M | $536K | $487K | — | View 990 |
| 2011 | $5.6M | $5.6M | $467K | $435K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $11.1M, expenses of $10.5M, and assets of $2.4M (revenue +51.1% year-over-year).
- 2022: Revenue of $7.3M, expenses of $7.3M, and assets of $1.2M (revenue -2.7% year-over-year).
- 2021: Revenue of $7.5M, expenses of $7.1M, and assets of $1.1M (revenue +6.7% year-over-year).
- 2020: Revenue of $7.1M, expenses of $7.2M, and assets of $1.0M (revenue -5.3% year-over-year).
- 2019: Revenue of $7.4M, expenses of $7.4M, and assets of $860K (revenue +3.1% year-over-year).
- 2018: Revenue of $7.2M, expenses of $6.8M, and assets of $676K (revenue -0.7% year-over-year).
- 2017: Revenue of $7.3M, expenses of $7.3M, and assets of $830K (revenue -2.2% year-over-year).
- 2016: Revenue of $7.4M, expenses of $7.5M, and assets of $923K (revenue -2.1% year-over-year).
- 2015: Revenue of $7.6M, expenses of $7.6M, and assets of $940K (revenue +6.7% year-over-year).
- 2014: Revenue of $7.1M, expenses of $7.1M, and assets of $932K (revenue +12.4% year-over-year).
- 2013: Revenue of $6.3M, expenses of $6.2M, and assets of $1.0M (revenue +30.2% year-over-year).
- 2012: Revenue of $4.9M, expenses of $4.8M, and assets of $536K (revenue -13.4% year-over-year).
- 2011: Revenue of $5.6M, expenses of $5.6M, and assets of $467K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Rena Day Care Centers Inc:
Data Sources and Methodology
This transparency report for Rena Day Care Centers 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.