St Marks Preschool Kidzone Inc
St Marks Preschool Kidzone Inc. frequently operates at a deficit, with expenses often exceeding revenue.
EIN: 208424659 · Lincoln, NE · NTEE: P33 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $938K |
| Total Expenses | $991K |
| Program Spending | 85% |
| Net Assets | $51K |
| Transparency Score | 75/100 |
Is St Marks Preschool Kidzone Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
St Marks Preschool Kidzone Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About St Marks Preschool Kidzone Inc
St Marks Preschool Kidzone Inc (EIN: 208424659) is a nonprofit organization based in Lincoln, NE, classified under NTEE code P33. The organization reported total revenue of $938K and total assets of $66K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of St Marks Preschool Kidzone Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
St Marks Preschool Kidzone Inc is a small nonprofit that has been operating for 17 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $937K |
| Total Expenses | $991K |
| Surplus / Deficit | $-54,113 |
| Total Assets | $107K |
| Total Liabilities | $56K |
| Net Assets | $51K |
| Operating Margin | -5.8% |
| Debt-to-Asset Ratio | 52.1% |
| Months of Reserves | 1.3 months |
Financial Health Grade: D
In 2023, St Marks Preschool Kidzone Inc reported a deficit of $54K with expenses exceeding revenue, holds 1.3 months of operating reserves (limited), has a debt-to-asset ratio of 52.1% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), St Marks Preschool Kidzone Inc's revenue has declined at a compound annual growth rate (CAGR) of -0.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -4.5% | -5.2% | -37.3% |
| 2022 | -6.2% | +13.4% | -8.9% |
| 2021 | +6.4% | -6.8% | +135.1% |
| 2020 | -1.2% | +7.0% | -1.0% |
| 2019 | +3.7% | -1.7% | +154.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2009 |
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 St Marks Preschool Kidzone 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, St Marks Preschool Kidzone 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $54K, with expenses exceeding revenue.
- Debt-to-asset ratio: 52.1%.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all available filings, indicating that no officers receive salaries from the organization, which is highly favorable for directing funds to its mission.
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 St Marks Preschool Kidzone Inc's IRS 990 filings:
- Frequent operational deficits (e.g., $54,113 in 2023, $65,126 in 2022)
- Relatively low asset base compared to annual expenses, limiting financial reserves
Strengths
The following positive indicators were identified for St Marks Preschool Kidzone Inc:
- Consistent 0% officer compensation, indicating high dedication of funds to mission
- Long history of IRS 990 filings (13 filings), demonstrating transparency
- Consistent revenue generation around $1 million annually
Frequently Asked Questions about St Marks Preschool Kidzone Inc
Is St Marks Preschool Kidzone Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, St Marks Preschool Kidzone Inc (EIN: 208424659) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does St Marks Preschool Kidzone Inc spend its money?
St Marks Preschool Kidzone Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to St Marks Preschool Kidzone Inc tax-deductible?
St Marks Preschool Kidzone Inc is registered as a tax-exempt nonprofit (EIN: 208424659). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of St Marks Preschool Kidzone Inc's spending goes to programs?
St Marks Preschool Kidzone Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does St Marks Preschool Kidzone Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), St Marks Preschool Kidzone Inc 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 St Marks Preschool Kidzone Inc located?
St Marks Preschool Kidzone Inc is headquartered in Lincoln, Nebraska and files with the IRS under EIN 208424659. It is classified under NTEE code P33.
How many years of IRS 990 filings does St Marks Preschool Kidzone Inc have?
St Marks Preschool Kidzone Inc 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 $938K in total revenue.
Is St Marks Preschool Kidzone Inc. financially sustainable given its recurring deficits?
The organization has frequently reported expenses exceeding revenue, such as in 2023 with a $54,113 deficit and 2022 with a $65,126 deficit. This pattern raises concerns about long-term financial sustainability without addressing the imbalance.
What is the organization's strategy for managing its liabilities?
Liabilities have fluctuated significantly, from a low of $11,360 in 2015 to a high of $65,564 in 2022. While the 2023 liabilities decreased to $55,962, the variability suggests an active management of short-term obligations.
How does the organization fund its operations given the lack of officer compensation?
The consistent 0% officer compensation indicates that operational costs are primarily covered by other expenses, likely staff salaries, program materials, and facility costs, rather than executive pay.
Filing History
IRS 990 filing history for St Marks Preschool Kidzone Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), St Marks Preschool Kidzone Inc's revenue has declined by 6%, moving from $997K to $937K. Total assets increased by 27.2% over the same period, from $84K to $107K. Total functional expenses rose by 4.7%, from $947K to $991K. In its most recent filing year (2023), St Marks Preschool Kidzone Inc reported a deficit of $54K, with expenses exceeding revenue. The organization holds $56K in liabilities against $107K in assets (debt-to-asset ratio: 52.1%), resulting in net assets of $51K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $937K | $991K | $107K | $56K | — | — |
| 2022 | $981K | $1.0M | $171K | $66K | — | — |
| 2021 | $1.0M | $923K | $188K | $17K | — | View 990 |
| 2020 | $984K | $990K | $80K | $33K | — | View 990 |
| 2019 | $995K | $925K | $81K | $27K | — | View 990 |
| 2018 | $959K | $940K | $32K | $49K | — | View 990 |
| 2017 | $1.0M | $1.1M | $17K | $53K | — | View 990 |
| 2016 | $1.1M | $1.1M | $26K | $35K | — | View 990 |
| 2015 | $1.1M | $1.1M | $39K | $11K | — | View 990 |
| 2014 | $1.1M | $1.1M | $41K | $51K | — | View 990 |
| 2013 | $1.1M | $1.0M | $43K | $37K | — | View 990 |
| 2012 | $971K | $1.1M | $25K | $50K | — | View 990 |
| 2011 | $997K | $947K | $84K | $17K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $937K, expenses of $991K, and assets of $107K (revenue -4.5% year-over-year).
- 2022: Revenue of $981K, expenses of $1.0M, and assets of $171K (revenue -6.2% year-over-year).
- 2021: Revenue of $1.0M, expenses of $923K, and assets of $188K (revenue +6.4% year-over-year).
- 2020: Revenue of $984K, expenses of $990K, and assets of $80K (revenue -1.2% year-over-year).
- 2019: Revenue of $995K, expenses of $925K, and assets of $81K (revenue +3.7% year-over-year).
- 2018: Revenue of $959K, expenses of $940K, and assets of $32K (revenue -7.8% year-over-year).
- 2017: Revenue of $1.0M, expenses of $1.1M, and assets of $17K (revenue -1.6% year-over-year).
- 2016: Revenue of $1.1M, expenses of $1.1M, and assets of $26K (revenue -5.7% year-over-year).
- 2015: Revenue of $1.1M, expenses of $1.1M, and assets of $39K (revenue +5.5% year-over-year).
- 2014: Revenue of $1.1M, expenses of $1.1M, and assets of $41K (revenue -1.3% year-over-year).
- 2013: Revenue of $1.1M, expenses of $1.0M, and assets of $43K (revenue +10.8% year-over-year).
- 2012: Revenue of $971K, expenses of $1.1M, and assets of $25K (revenue -2.6% year-over-year).
- 2011: Revenue of $997K, expenses of $947K, and assets of $84K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for St Marks Preschool Kidzone Inc:
Data Sources and Methodology
This transparency report for St Marks Preschool Kidzone 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.