Richie Mcfarland Childrens Center

Is Richie Mcfarland Childrens Center Legit?

Some Concerns

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Richie Mcfarland Childrens Center directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Richie Mcfarland Childrens Center

Richie Mcfarland Childrens Center (EIN: 20302005) is a nonprofit organization based in Stratham, NH, classified under NTEE code O20. The organization reported total revenue of $1.3M and total assets of $1.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Richie Mcfarland Childrens Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Richie Mcfarland Childrens Center 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: 10%
• programs: 85%
• fundraising: 5%

According to IRS 990 filings, Richie Mcfarland Childrens Center 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.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization, which is highly unusual for an organization with over $1 million in annual revenue and suggests a volunteer-led executive team or compensation is covered by another entity.

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 Richie Mcfarland Childrens Center's IRS 990 filings:

• No reported officer compensation, which, while positive for program spending, can sometimes indicate a lack of transparency if compensation is provided by a related entity not disclosed on the 990.

Strengths

The following positive indicators were identified for Richie Mcfarland Childrens Center:

• Strong program spending ratio (85% of expenses in 2021).
• Consistent revenue growth over the past decade, from $923,582 in 2012 to $1,278,570 in 2021.
• Significant asset growth, from $501,919 in 2012 to $1,590,323 in 2021, indicating financial stability.
• Very low liabilities relative to assets ($23,721 liabilities vs. $1,590,323 assets in 2021).
• Zero reported officer compensation, maximizing funds for direct services.

Frequently Asked Questions about Richie Mcfarland Childrens Center

Filing History

IRS 990 filing history for Richie Mcfarland Childrens Center showing financial trends over 11 years of public records:

Over 11 years of IRS 990 filings (2011–2021), Richie Mcfarland Childrens Center's revenue has grown by 26.7%, moving from $1.0M to $1.3M. Total assets increased by 230.1% over the same period, from $482K to $1.6M. Total functional expenses rose by 1.9%, from $1.0M to $1.1M. In its most recent filing year (2021), Richie Mcfarland Childrens Center reported a surplus of $211K, with revenue exceeding expenses. The organization holds $24K in liabilities against $1.6M in assets (debt-to-asset ratio: 1.5%), resulting in net assets of $1.6M.

Year-by-Year Financial Summary

• 2021: Revenue of $1.3M, expenses of $1.1M, and assets of $1.6M (revenue +0.6% year-over-year).
• 2020: Revenue of $1.3M, expenses of $1.1M, and assets of $1.4M (revenue +2.1% year-over-year).
• 2019: Revenue of $1.2M, expenses of $1.1M, and assets of $1.2M (revenue +8.0% year-over-year).
• 2018: Revenue of $1.2M, expenses of $1.1M, and assets of $1.0M (revenue +4.9% year-over-year).
• 2017: Revenue of $1.1M, expenses of $964K, and assets of $934K (revenue +5.9% year-over-year).
• 2016: Revenue of $1.0M, expenses of $894K, and assets of $785K (revenue +4.8% year-over-year).
• 2015: Revenue of $989K, expenses of $914K, and assets of $748K (revenue -2.6% year-over-year).
• 2014: Revenue of $1.0M, expenses of $888K, and assets of $661K (revenue +11.0% year-over-year).
• 2013: Revenue of $915K, expenses of $899K, and assets of $526K (revenue -1.0% year-over-year).
• 2012: Revenue of $924K, expenses of $885K, and assets of $502K (revenue -8.5% year-over-year).
• 2011: Revenue of $1.0M, expenses of $1.0M, and assets of $482K.

Data Sources and Methodology

This transparency report for Richie Mcfarland Childrens Center 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.