Riverside Child Care Center
Riverside Child Care Center shows stable operations with recent deficit, no officer compensation reported.
EIN: 208457517 · Columbus, OH · NTEE: P33 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $540K |
| Total Expenses | $561K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $400,000 |
| Net Assets | $142K |
| Transparency Score | 85/100 |
Is Riverside Child Care Center Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Riverside Child Care Center directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Riverside Child Care Center
Riverside Child Care Center (EIN: 208457517) is a nonprofit organization based in Columbus, OH, classified under NTEE code P33. The organization reported total revenue of $540K and total assets of $97K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Riverside Child Care Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Riverside Child Care Center is a small nonprofit that has been operating for 6 years, with 8 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 54.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $502K |
| Total Expenses | $561K |
| Surplus / Deficit | $-59,542 |
| Total Assets | $144K |
| Total Liabilities | $2K |
| Net Assets | $142K |
| Operating Margin | -11.9% |
| Debt-to-Asset Ratio | 1.6% |
| Months of Reserves | 3.1 months |
Financial Health Grade: B
In 2023, Riverside Child Care Center reported a deficit of $60K with expenses exceeding revenue, holds 3.1 months of operating reserves (adequate), has a debt-to-asset ratio of 1.6% (very low leverage).
Financial Trends
Over 8 years of filings (2011–2023), Riverside Child Care Center's revenue has grown at a compound annual growth rate (CAGR) of 54.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -18.0% | -0.1% | -29.0% |
| 2022 | -7.5% | -0.7% | +33.2% |
| 2021 | +68.7% | +8.7% | -13.5% |
| 2020 | -25.2% | +0.8% | -4.6% |
| 2019 | +22.3% | +18.4% | +173.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2020 |
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 Riverside Child Care Center 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Riverside Child Care 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $60K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.6%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation, which is highly favorable for a nonprofit of its size with annual revenues typically ranging from $400,000 to $600,000.
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 Riverside Child Care Center's IRS 990 filings:
- Recurring deficits in some years (e.g., 2023, 2020) suggest potential operational challenges or reliance on reserves.
- Significant revenue fluctuation, particularly the extremely low revenue reported in 2011, warrants further investigation.
Strengths
The following positive indicators were identified for Riverside Child Care Center:
- Consistent 0% officer compensation demonstrates strong commitment to mission and efficient use of funds.
- Very low liabilities across all reporting periods indicate strong financial health and minimal debt burden.
- Generally stable revenue and expense levels over the past decade, excluding outliers.
- Strong asset-to-liability ratio, indicating good financial solvency.
Frequently Asked Questions about Riverside Child Care Center
Is Riverside Child Care Center a legitimate charity?
Based on AI analysis of IRS 990 filings, Riverside Child Care Center (EIN: 208457517) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Riverside Child Care Center spend its money?
Riverside Child Care Center directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Riverside Child Care Center tax-deductible?
Riverside Child Care Center is registered as a tax-exempt nonprofit (EIN: 208457517). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Riverside Child Care Center CEO make?
Riverside Child Care Center's highest-compensated officer earns $400,000 annually. The organization reported $540K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Riverside Child Care Center's spending goes to programs?
Riverside Child Care Center directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Riverside Child Care Center compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Riverside Child Care Center is above average for NTEE category P33 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Riverside Child Care Center located?
Riverside Child Care Center is headquartered in Columbus, Ohio and files with the IRS under EIN 208457517. It is classified under NTEE code P33.
How many years of IRS 990 filings does Riverside Child Care Center have?
Riverside Child Care Center has 8 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 $540K in total revenue.
Is Riverside Child Care Center a good charity?
Based on the available data, Riverside Child Care Center appears to be a good charity, particularly due to its consistent reporting of 0% officer compensation and generally low liabilities. While it experienced a deficit in 2023, its overall financial health has been stable over several years, and its mission focus seems strong.
What caused the deficit in 2023?
In 2023, Riverside Child Care Center reported expenses of $561,244 against revenues of $501,702, resulting in a deficit of $59,542. The specific causes are not detailed in the summary data but could be due to increased operational costs, decreased funding, or a combination of factors.
How has the organization's revenue trended over time?
Revenue has fluctuated, peaking at $661,211 in 2021 and dropping to $501,702 in 2023. There was an unusual low of $2,634 in 2011, which may indicate a reporting anomaly or a significant change in operations that year. Generally, revenue has been in the $400,000-$600,000 range.
What is the organization's asset-to-liability ratio?
In 2023, assets were $143,741 and liabilities were $2,230, resulting in a very strong asset-to-liability ratio of approximately 64:1. This indicates excellent financial solvency and minimal debt.
Filing History
IRS 990 filing history for Riverside Child Care Center showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2011–2023), Riverside Child Care Center's revenue has grown by 18947.2%, moving from $3K to $502K. Total assets increased by 44.2% over the same period, from $100K to $144K. Total functional expenses rose by 39.3%, from $403K to $561K. In its most recent filing year (2023), Riverside Child Care Center reported a deficit of $60K, with expenses exceeding revenue. The organization holds $2K in liabilities against $144K in assets (debt-to-asset ratio: 1.6%), resulting in net assets of $142K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $502K | $561K | $144K | $2K | — | — |
| 2022 | $612K | $562K | $202K | $1K | — | View 990 |
| 2021 | $661K | $566K | $152K | $1K | — | View 990 |
| 2020 | $392K | $520K | $176K | $120K | — | — |
| 2019 | $524K | $516K | $184K | $375 | — | View 990 |
| 2013 | $428K | $436K | $67K | $9K | — | View 990 |
| 2012 | $408K | $436K | $75K | $10K | — | View 990 |
| 2011 | $3K | $403K | $100K | $9K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $502K, expenses of $561K, and assets of $144K (revenue -18.0% year-over-year).
- 2022: Revenue of $612K, expenses of $562K, and assets of $202K (revenue -7.5% year-over-year).
- 2021: Revenue of $661K, expenses of $566K, and assets of $152K (revenue +68.7% year-over-year).
- 2020: Revenue of $392K, expenses of $520K, and assets of $176K (revenue -25.2% year-over-year).
- 2019: Revenue of $524K, expenses of $516K, and assets of $184K (revenue +22.3% year-over-year).
- 2013: Revenue of $428K, expenses of $436K, and assets of $67K (revenue +5.1% year-over-year).
- 2012: Revenue of $408K, expenses of $436K, and assets of $75K (revenue +15376.7% year-over-year).
- 2011: Revenue of $3K, expenses of $403K, and assets of $100K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Riverside Child Care Center:
Data Sources and Methodology
This transparency report for Riverside Child Care 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.