Small Wonder Pre School Inc
Small Wonder Pre School Inc. shows consistent operations with recent significant growth in revenue and assets, while maintaining zero reported officer compensation.
EIN: 112973066 · Glendale, NY · NTEE: B28Z · Updated: 2026-03-28
About Small Wonder Pre School Inc
Small Wonder Pre School Inc (EIN: 112973066) is a nonprofit organization based in Glendale, NY, classified under NTEE code B28Z. The organization reported total revenue of $5.1M and total assets of $1.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Small Wonder Pre School 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 Small Wonder Pre School Inc with a Mission Score of 75 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, Small Wonder Pre School Inc 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
The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either unpaid or compensated through other means not classified as officer compensation, which is highly unusual for an organization of this size and operational scale.
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 Small Wonder Pre School Inc's IRS 990 filings:
- Significant discrepancy between 'Latest Revenue/Assets' and historical 990 filings, requiring clarification.
- Consistent liabilities exceeding assets in historical filings, indicating limited financial reserves.
- Unusual consistent reporting of 0% officer compensation for an organization of this size, which may obscure executive remuneration practices.
Strengths
The following positive indicators were identified for Small Wonder Pre School Inc:
- Consistent operational history over more than a decade.
- Apparent strong focus on program delivery, typical for educational institutions.
- Zero reported officer compensation, suggesting a lean approach to executive pay or significant volunteer leadership.
- Recent substantial growth in revenue and assets (based on 'Latest Revenue/Assets' figures), indicating potential for expanded impact.
Frequently Asked Questions about Small Wonder Pre School Inc
What accounts for the significant increase in 'Latest Revenue' ($5,095,405) and 'Assets' ($1,654,276) compared to the historical 990 filings (e.g., 2023 revenue $2,308,435, assets $116,317)?
The provided data shows a substantial discrepancy between the 'Latest Revenue' and 'Assets' and the figures from the most recent IRS 990 filings. This could be due to a different reporting period for the 'latest' figures, a significant grant, a capital campaign, or a merger/acquisition. Further investigation into the specific 990 form associated with the 'latest' figures would be necessary to understand this growth.
How does Small Wonder Pre School Inc. manage to operate without reporting any officer compensation?
The consistent reporting of 0% officer compensation across all filings is unusual for an organization with annual revenues exceeding $2 million. This could mean that executive functions are performed by volunteers, compensated through a related entity, or that compensation is categorized differently within the 990 (e.g., as general salaries rather than officer compensation). This practice, while potentially efficient, warrants clarification for full transparency.
Given that liabilities often exceed assets in historical filings, what is the organization's strategy for financial stability and building reserves?
Historically, Small Wonder Pre School Inc. has often shown liabilities greater than assets (e.g., 2023 assets $116,317 vs. liabilities $432,147). This indicates a reliance on current funding and limited reserves. The recent significant increase in assets to $1,654,276, if sustained, would dramatically improve this position. Understanding the source of this asset growth and the organization's strategy for maintaining a healthy balance sheet is crucial.
Filing History
IRS 990 filing history for Small Wonder Pre School Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Small Wonder Pre School Inc's revenue has declined by 8.6%, moving from $2.5M to $2.3M. Total assets decreased by 79.1% over the same period, from $556K to $116K. Total functional expenses fell by 0.8%, from $2.5M to $2.5M. In its most recent filing year (2023), Small Wonder Pre School Inc reported a deficit of $153K, with expenses exceeding revenue. The organization holds $432K in liabilities against $116K in assets (debt-to-asset ratio: 371.5%), resulting in net assets of $-315,830.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $2.3M | $2.5M | $116K | $432K | — | View 990 |
| 2022 | $2.3M | $2.2M | $392K | $554K | — | View 990 |
| 2021 | $1.8M | $2.0M | $153K | $572K | — | View 990 |
| 2020 | $2.1M | $2.1M | $303K | $488K | — | View 990 |
| 2019 | $2.2M | $2.3M | $122K | $259K | — | View 990 |
| 2018 | $2.2M | $2.3M | $105K | $232K | — | View 990 |
| 2017 | $2.4M | $2.4M | $234K | $321K | — | View 990 |
| 2016 | $2.3M | $2.2M | $278K | $402K | — | View 990 |
| 2015 | $2.2M | $2.1M | $301K | $499K | — | View 990 |
| 2014 | $2.3M | $2.2M | $317K | $619K | — | View 990 |
| 2013 | $2.4M | $2.4M | $236K | $619K | — | View 990 |
| 2012 | $2.3M | $2.4M | $369K | $1.0M | — | View 990 |
| 2011 | $2.5M | $2.5M | $556K | $1.1M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.3M, expenses of $2.5M, and assets of $116K (revenue +1.2% year-over-year).
- 2022: Revenue of $2.3M, expenses of $2.2M, and assets of $392K (revenue +29.0% year-over-year).
- 2021: Revenue of $1.8M, expenses of $2.0M, and assets of $153K (revenue -14.8% year-over-year).
- 2020: Revenue of $2.1M, expenses of $2.1M, and assets of $303K (revenue -7.7% year-over-year).
- 2019: Revenue of $2.2M, expenses of $2.3M, and assets of $122K (revenue +0.7% year-over-year).
- 2018: Revenue of $2.2M, expenses of $2.3M, and assets of $105K (revenue -7.4% year-over-year).
- 2017: Revenue of $2.4M, expenses of $2.4M, and assets of $234K (revenue +4.2% year-over-year).
- 2016: Revenue of $2.3M, expenses of $2.2M, and assets of $278K (revenue +3.1% year-over-year).
- 2015: Revenue of $2.2M, expenses of $2.1M, and assets of $301K (revenue -3.1% year-over-year).
- 2014: Revenue of $2.3M, expenses of $2.2M, and assets of $317K (revenue -3.3% year-over-year).
- 2013: Revenue of $2.4M, expenses of $2.4M, and assets of $236K (revenue +2.5% year-over-year).
- 2012: Revenue of $2.3M, expenses of $2.4M, and assets of $369K (revenue -7.5% year-over-year).
- 2011: Revenue of $2.5M, expenses of $2.5M, and assets of $556K.
Data Sources and Methodology
This transparency report for Small Wonder Pre School 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.