Silver Spring Nursery School
EIN: 520610542 · Silver Spring, MD · NTEE: B21Z
| Metric | Value |
|---|---|
| Total Revenue | $237K |
| Total Expenses | $242K |
| Net Assets | $240K |
Is Silver Spring Nursery School Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Silver Spring Nursery School
Silver Spring Nursery School (EIN: 520610542) is a nonprofit organization based in Silver Spring, MD, classified under NTEE code B21Z. The organization reported total revenue of $237K and total assets of $246K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Silver Spring Nursery School's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Silver Spring Nursery School is a small nonprofit that has been operating for 42 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $228K |
| Total Expenses | $242K |
| Surplus / Deficit | $-13,392 |
| Total Assets | $240K |
| Net Assets | $240K |
| Operating Margin | -5.9% |
| Months of Reserves | 11.9 months |
Financial Health Grade: B
In 2023, Silver Spring Nursery School reported a deficit of $13K with expenses exceeding revenue, holds 11.9 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Silver Spring Nursery School's revenue has grown at a compound annual growth rate (CAGR) of 2.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -7.1% | +8.6% | -5.3% |
| 2022 | +35.3% | +26.6% | -3.1% |
| 2021 | +8.6% | -12.1% | +35.5% |
| 2020 | -26.2% | -3.2% | -14.4% |
| 2019 | +14.6% | -4.2% | +9.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1984 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Silver Spring Nursery School has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Silver Spring Nursery School with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $13K, with expenses exceeding revenue.
Frequently Asked Questions about Silver Spring Nursery School
Is Silver Spring Nursery School a legitimate charity?
Silver Spring Nursery School (EIN: 520610542) is a registered tax-exempt nonprofit based in Maryland. It has 13 years of IRS 990 filings on record. Total revenue: $237K. No red flags identified. Financial health grade: B.
How does Silver Spring Nursery School spend its money?
Silver Spring Nursery School reported $237K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Silver Spring Nursery School tax-deductible?
Silver Spring Nursery School is registered as a tax-exempt nonprofit (EIN: 520610542). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Silver Spring Nursery School located?
Silver Spring Nursery School is headquartered in Silver Spring, Maryland and files with the IRS under EIN 520610542. It is classified under NTEE code B21Z.
How many years of IRS 990 filings does Silver Spring Nursery School have?
Silver Spring Nursery School 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 $237K in total revenue.
Filing History
IRS 990 filing history for Silver Spring Nursery School showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Silver Spring Nursery School's revenue has grown by 39.6%, moving from $163K to $228K. Total assets increased by 51.6% over the same period, from $159K to $240K. Total functional expenses rose by 60.3%, from $151K to $242K. In its most recent filing year (2023), Silver Spring Nursery School reported a deficit of $13K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $228K | $242K | $240K | $0 | — | View 990 |
| 2022 | $246K | $222K | $254K | $31K | — | View 990 |
| 2021 | $182K | $176K | $262K | $63K | — | — |
| 2020 | $167K | $200K | $193K | $0 | — | — |
| 2019 | $227K | $206K | $226K | $0 | — | View 990 |
| 2018 | $198K | $215K | $206K | $0 | — | View 990 |
| 2017 | $221K | $205K | $223K | $0 | — | View 990 |
| 2016 | $208K | $192K | $207K | $0 | — | View 990 |
| 2015 | $175K | $164K | $192K | $0 | — | View 990 |
| 2014 | $160K | $158K | $181K | $0 | — | View 990 |
| 2013 | $171K | $165K | $178K | $0 | — | View 990 |
| 2012 | $175K | $161K | $173K | $0 | — | View 990 |
| 2011 | $163K | $151K | $159K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $228K, expenses of $242K, and assets of $240K (revenue -7.1% year-over-year).
- 2022: Revenue of $246K, expenses of $222K, and assets of $254K (revenue +35.3% year-over-year).
- 2021: Revenue of $182K, expenses of $176K, and assets of $262K (revenue +8.6% year-over-year).
- 2020: Revenue of $167K, expenses of $200K, and assets of $193K (revenue -26.2% year-over-year).
- 2019: Revenue of $227K, expenses of $206K, and assets of $226K (revenue +14.6% year-over-year).
- 2018: Revenue of $198K, expenses of $215K, and assets of $206K (revenue -10.6% year-over-year).
- 2017: Revenue of $221K, expenses of $205K, and assets of $223K (revenue +6.5% year-over-year).
- 2016: Revenue of $208K, expenses of $192K, and assets of $207K (revenue +18.5% year-over-year).
- 2015: Revenue of $175K, expenses of $164K, and assets of $192K (revenue +9.3% year-over-year).
- 2014: Revenue of $160K, expenses of $158K, and assets of $181K (revenue -6.1% year-over-year).
- 2013: Revenue of $171K, expenses of $165K, and assets of $178K (revenue -2.2% year-over-year).
- 2012: Revenue of $175K, expenses of $161K, and assets of $173K (revenue +6.8% year-over-year).
- 2011: Revenue of $163K, expenses of $151K, and assets of $159K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Silver Spring Nursery School:
Data Sources and Methodology
This transparency report for Silver Spring Nursery School 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.