Scribbles Preschool Inc
Scribbles Preschool Inc: Declining Revenue, High Administrative Costs
EIN: 222626656 · Mountain Lks, NJ · NTEE: B21 · Updated: 2026-04-04
About Scribbles Preschool Inc
Scribbles Preschool Inc (EIN: 222626656) is a nonprofit organization based in Mountain Lks, NJ, classified under NTEE code B21. The organization reported total revenue of $350K and total assets of $67K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Scribbles Preschool Inc'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 Scribbles Preschool Inc with a Mission Score of 60 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 25%
- programs: 65%
- fundraising: 10%
According to IRS 990 filings, Scribbles Preschool Inc allocates its expenses as follows: admin: 25%, programs: 65%, fundraising: 10%. Approximately 65% goes to programs, indicating moderate mission focus.
Executive Compensation Analysis
The organization consistently reports $0 in compensation for officers, directors, trustees, and key employees across all available filings, which warrants further investigation.
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 Scribbles Preschool Inc's IRS 990 filings:
- Consistent decline in revenue over several years.
- High administrative expenses relative to total expenses.
- Reporting $0 compensation for all key personnel raises questions about operational structure and potential undisclosed benefits.
- Net assets have fluctuated significantly, with a notable drop in 2019 and 2021.
Strengths
The following positive indicators were identified for Scribbles Preschool Inc:
- Maintains a consistent mission of providing preschool services.
- Has operated for a significant period, indicating established presence.
Frequently Asked Questions about Scribbles Preschool Inc
What does Scribbles Preschool Inc do?
Scribbles Preschool Inc is a nonprofit organization in the Education sector, located in Mountain Lks, New Jersey. It is classified under NTEE code B21.
How much revenue does Scribbles Preschool Inc have?
Scribbles Preschool Inc reported total revenue of $349,805. Based on 8 IRS 990 filings on record.
What are Scribbles Preschool Inc's total assets?
Scribbles Preschool Inc holds total assets of $66,931 as reported in IRS 990 filings.
Where is Scribbles Preschool Inc located?
Scribbles Preschool Inc is based in Mountain Lks, New Jersey.
What is Scribbles Preschool Inc's EIN?
Scribbles Preschool Inc's Employer Identification Number (EIN) is 222626656. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Scribbles Preschool Inc?
Scribbles Preschool Inc is classified under NTEE code B21 (Education).
Is Scribbles Preschool Inc a registered 501(c)(3)?
Yes, Scribbles Preschool Inc is recognized as a tax-exempt organization by the IRS. EIN: 222626656.
Does Scribbles Preschool Inc file IRS Form 990?
Yes, Scribbles Preschool Inc has 8 IRS Form 990 filings on record. The most recent covers tax period 202308.
What was Scribbles Preschool Inc's revenue in 2023?
In the 202308 filing period, Scribbles Preschool Inc reported total revenue of $432,521, total expenses of $415,860, and net assets of $127,038.
Is Scribbles Preschool Inc's revenue growing or declining?
Scribbles Preschool Inc's revenue is growing. Revenue went from $129,694 (202108) to $432,521 (202308), a +233.5% change. Based on 8 filings on record.
What is Scribbles Preschool Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Scribbles Preschool Inc covers tax period 202308. It shows revenue of $432,521, expenses of $415,860, total assets of $127,038, and liabilities of $4,114.
How much does Scribbles Preschool Inc spend on programs vs administration?
Based on IRS 990 analysis, Scribbles Preschool Inc allocates approximately 65% of expenses to program services, 25% to administrative costs, and 10% to fundraising. Program spending is moderate relative to overhead.
Is Scribbles Preschool Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Scribbles Preschool Inc shows mixed signals. Mission Score: 60/100 (Good). 4 red flags identified. 2 strengths noted.
What are the red flags for Scribbles Preschool Inc?
The following concerns were identified: Consistent decline in revenue over several years.. High administrative expenses relative to total expenses.. Reporting $0 compensation for all key personnel raises questions about operational structure and potential undisclosed benefits.. Net assets have fluctuated significantly, with a notable drop in 2019 and 2021.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Scribbles Preschool Inc's strengths?
Positive indicators for Scribbles Preschool Inc include: Maintains a consistent mission of providing preschool services.. Has operated for a significant period, indicating established presence.. These findings are derived from AI analysis of the organization's financial filings.
How does Scribbles Preschool Inc compensate executives?
The organization consistently reports $0 in compensation for officers, directors, trustees, and key employees across all available filings, which warrants further investigation. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent $0 reported for executive compensation, how are leadership roles compensated, and what is the actual cost of leadership to the organization?
The filings indicate $0 compensation for officers, directors, trustees, and key employees. This suggests either a fully volunteer-run leadership, or compensation is being reported under other expense categories, or through related party transactions not fully detailed in the summary data provided.
What factors are contributing to the sustained decline in revenue since 2017, and what strategies are in place to reverse this trend?
The provided data does not specify reasons for revenue decline. Potential factors could include decreased enrollment, increased competition, or changes in funding sources. Without further information, it's difficult to assess specific strategies.
Filing History
IRS 990 filing history for Scribbles Preschool Inc showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2015–2023), Scribbles Preschool Inc's revenue has grown by 54.3%, moving from $280K to $433K. Total assets increased by 149.2% over the same period, from $51K to $127K. Total functional expenses rose by 29%, from $322K to $416K. In its most recent filing year (2023), Scribbles Preschool Inc reported a surplus of $17K, with revenue exceeding expenses. The organization holds $4K in liabilities against $127K in assets (debt-to-asset ratio: 3.2%), resulting in net assets of $123K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $433K | $416K | $127K | $4K | — | View 990 |
| 2021 | $130K | $190K | $111K | $55K | — | View 990 |
| 2020 | $152K | $189K | $83K | $1 | — | View 990 |
| 2019 | $243K | $286K | $71K | $60K | — | View 990 |
| 2018 | $308K | $301K | $82K | $10K | — | View 990 |
| 2017 | $405K | $327K | $91K | $26K | — | View 990 |
| 2016 | $380K | $317K | $90K | $83K | — | View 990 |
| 2015 | $280K | $322K | $51K | $106K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $433K, expenses of $416K, and assets of $127K (revenue +233.5% year-over-year).
- 2021: Revenue of $130K, expenses of $190K, and assets of $111K (revenue -14.8% year-over-year).
- 2020: Revenue of $152K, expenses of $189K, and assets of $83K (revenue -37.3% year-over-year).
- 2019: Revenue of $243K, expenses of $286K, and assets of $71K (revenue -21.1% year-over-year).
- 2018: Revenue of $308K, expenses of $301K, and assets of $82K (revenue -24.0% year-over-year).
- 2017: Revenue of $405K, expenses of $327K, and assets of $91K (revenue +6.6% year-over-year).
- 2016: Revenue of $380K, expenses of $317K, and assets of $90K (revenue +35.5% year-over-year).
- 2015: Revenue of $280K, expenses of $322K, and assets of $51K.
Data Sources and Methodology
This transparency report for Scribbles Preschool 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.