Shirley Chisholm Day Care Center 2
Shirley Chisholm Day Care Center 2 experiences significant revenue decline over the past decade with no reported officer compensation.
EIN: 112305568 · Brooklyn, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.5M |
| Total Expenses | $2.0M |
| Program Spending | 85% |
| Net Assets | $658K |
| Transparency Score | 65/100 |
Is Shirley Chisholm Day Care Center 2 Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Shirley Chisholm Day Care Center 2 directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Shirley Chisholm Day Care Center 2
Shirley Chisholm Day Care Center 2 (EIN: 112305568) is a nonprofit organization based in Brooklyn, NY. The organization reported total revenue of $2.5M and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Shirley Chisholm Day Care Center 2's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Shirley Chisholm Day Care Center 2 is a mid-size nonprofit that has been operating for 50 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -7.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.0M |
| Total Expenses | $2.0M |
| Surplus / Deficit | $-15,536 |
| Total Assets | $2.0M |
| Total Liabilities | $1.3M |
| Net Assets | $658K |
| Operating Margin | -0.8% |
| Debt-to-Asset Ratio | 66.6% |
| Months of Reserves | 11.6 months |
Financial Health Grade: C
In 2023, Shirley Chisholm Day Care Center 2 reported a deficit of $16K with expenses exceeding revenue, holds 11.6 months of operating reserves (strong position), has a debt-to-asset ratio of 66.6% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Shirley Chisholm Day Care Center 2's revenue has declined at a compound annual growth rate (CAGR) of -7.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -29.7% | -29.2% | +90.9% |
| 2022 | -36.3% | -36.3% | +90.5% |
| 2021 | -40.0% | -40.0% | -45.7% |
| 2020 | -8.6% | -8.6% | +129.8% |
| 2019 | -2.9% | -2.9% | -28.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1976 |
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 Shirley Chisholm Day Care Center 2 with a Mission Score of 65 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Shirley Chisholm Day Care Center 2 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 $16K, with expenses exceeding revenue.
- Debt-to-asset ratio: 66.6%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization with historical revenues in the millions and raises questions about how executive leadership is compensated or if it is entirely volunteer-based.
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 Shirley Chisholm Day Care Center 2's IRS 990 filings:
- Significant and consistent decline in annual revenue from $9.6M in 2014 to $2.0M in 2023.
- Consistent reporting of 0% officer compensation across all filings, which is unusual for an organization of this size and history.
- NTEE code is unknown, which can hinder understanding of its specific programmatic focus and peer comparisons.
Strengths
The following positive indicators were identified for Shirley Chisholm Day Care Center 2:
- Expenses are consistently kept very close to revenue, indicating sound financial management in balancing the budget.
- No reported officer compensation suggests a potentially very lean administrative overhead at the executive level, or a strong volunteer leadership model.
Frequently Asked Questions about Shirley Chisholm Day Care Center 2
Is Shirley Chisholm Day Care Center 2 a legitimate charity?
Shirley Chisholm Day Care Center 2 (EIN: 112305568) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 65/100. It has 13 years of IRS 990 filings on record. Total revenue: $2.5M. 3 red flags identified. 2 strengths noted. Financial health grade: C.
How does Shirley Chisholm Day Care Center 2 spend its money?
Shirley Chisholm Day Care Center 2 directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Shirley Chisholm Day Care Center 2 tax-deductible?
Shirley Chisholm Day Care Center 2 is registered as a tax-exempt nonprofit (EIN: 112305568). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Shirley Chisholm Day Care Center 2's spending goes to programs?
Shirley Chisholm Day Care Center 2 directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Shirley Chisholm Day Care Center 2 located?
Shirley Chisholm Day Care Center 2 is headquartered in Brooklyn, New York and files with the IRS under EIN 112305568.
How many years of IRS 990 filings does Shirley Chisholm Day Care Center 2 have?
Shirley Chisholm Day Care Center 2 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 $2.5M in total revenue.
Is Shirley Chisholm Day Care Center 2 a good charity?
While the organization has consistently kept expenses in line with revenue and reports no officer compensation, the significant decline in revenue from $9.6M in 2014 to $2.0M in 2023 raises concerns about its long-term sustainability and impact. The lack of detailed expense breakdowns beyond total expenses makes a full assessment of 'goodness' challenging.
Why has the organization's revenue decreased so dramatically?
The IRS 990 data shows a consistent decline in revenue from $9,655,638 in 2014 to $2,030,295 in 2023. The filings themselves do not provide reasons for this trend, but it is a significant financial shift that warrants further inquiry into funding sources and operational changes.
How does the organization manage without paying officers?
The filings consistently report 0% officer compensation. This could mean that the executive leadership is entirely volunteer, or that compensation is structured in a way that is not reported under 'officer compensation' on the 990, which would impact transparency.
Filing History
IRS 990 filing history for Shirley Chisholm Day Care Center 2 showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Shirley Chisholm Day Care Center 2's revenue has declined by 59.4%, moving from $5.0M to $2.0M. Total assets increased by 2078.9% over the same period, from $90K to $2.0M. Total functional expenses fell by 59.4%, from $5.0M to $2.0M. In its most recent filing year (2023), Shirley Chisholm Day Care Center 2 reported a deficit of $16K, with expenses exceeding revenue. The organization holds $1.3M in liabilities against $2.0M in assets (debt-to-asset ratio: 66.6%), resulting in net assets of $658K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.0M | $2.0M | $2.0M | $1.3M | — | — |
| 2022 | $2.9M | $2.9M | $1.0M | $951K | — | View 990 |
| 2021 | $4.5M | $4.5M | $542K | $461K | — | View 990 |
| 2020 | $7.6M | $7.6M | $998K | $917K | — | View 990 |
| 2019 | $8.3M | $8.3M | $434K | $354K | — | View 990 |
| 2018 | $8.5M | $8.5M | $605K | $525K | — | View 990 |
| 2017 | $9.2M | $9.2M | $571K | $486K | — | View 990 |
| 2016 | $8.6M | $8.6M | $898K | $817K | — | View 990 |
| 2015 | $8.3M | $8.6M | $1.0M | $962K | — | View 990 |
| 2014 | $9.7M | $9.4M | $1.2M | $888K | — | View 990 |
| 2013 | $8.8M | $8.7M | $900K | $758K | — | View 990 |
| 2012 | $5.3M | $5.3M | $154K | $134K | — | View 990 |
| 2011 | $5.0M | $5.0M | $90K | $71K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.0M, expenses of $2.0M, and assets of $2.0M (revenue -29.7% year-over-year).
- 2022: Revenue of $2.9M, expenses of $2.9M, and assets of $1.0M (revenue -36.3% year-over-year).
- 2021: Revenue of $4.5M, expenses of $4.5M, and assets of $542K (revenue -40.0% year-over-year).
- 2020: Revenue of $7.6M, expenses of $7.6M, and assets of $998K (revenue -8.6% year-over-year).
- 2019: Revenue of $8.3M, expenses of $8.3M, and assets of $434K (revenue -2.9% year-over-year).
- 2018: Revenue of $8.5M, expenses of $8.5M, and assets of $605K (revenue -7.7% year-over-year).
- 2017: Revenue of $9.2M, expenses of $9.2M, and assets of $571K (revenue +7.3% year-over-year).
- 2016: Revenue of $8.6M, expenses of $8.6M, and assets of $898K (revenue +3.8% year-over-year).
- 2015: Revenue of $8.3M, expenses of $8.6M, and assets of $1.0M (revenue -14.3% year-over-year).
- 2014: Revenue of $9.7M, expenses of $9.4M, and assets of $1.2M (revenue +9.8% year-over-year).
- 2013: Revenue of $8.8M, expenses of $8.7M, and assets of $900K (revenue +64.5% year-over-year).
- 2012: Revenue of $5.3M, expenses of $5.3M, and assets of $154K (revenue +6.8% year-over-year).
- 2011: Revenue of $5.0M, expenses of $5.0M, and assets of $90K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Shirley Chisholm Day Care Center 2:
Data Sources and Methodology
This transparency report for Shirley Chisholm Day Care Center 2 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.