Strong Place Day Care Center Inc
Strong Place Day Care Center Inc consistently operates with a surplus and reports 0% officer compensation.
EIN: 112203754 · Brooklyn, NY · NTEE: P33Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $5.3M |
| Total Expenses | $4.6M |
| Program Spending | 95% |
| CEO/Top Officer Pay | $4 |
| Net Assets | $1.7M |
| Transparency Score | 90/100 |
Is Strong Place Day Care Center Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Strong Place Day Care Center Inc directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Strong Place Day Care Center Inc
Strong Place Day Care Center Inc (EIN: 112203754) is a nonprofit organization based in Brooklyn, NY, classified under NTEE code P33Z. The organization reported total revenue of $5.3M and total assets of $2.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Strong Place Day Care Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Strong Place Day Care Center Inc is a mid-size nonprofit that has been operating for 51 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 19.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.7M |
| Total Expenses | $4.6M |
| Surplus / Deficit | +$89K |
| Total Assets | $2.7M |
| Total Liabilities | $963K |
| Net Assets | $1.7M |
| Operating Margin | 1.9% |
| Debt-to-Asset Ratio | 36.1% |
| Months of Reserves | 6.9 months |
Financial Health Grade: A
In 2023, Strong Place Day Care Center Inc reported a surplus of $89K with revenue exceeding expenses, holds 6.9 months of operating reserves (strong position), has a debt-to-asset ratio of 36.1% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Strong Place Day Care Center Inc's revenue has grown at a compound annual growth rate (CAGR) of 19.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -2.2% | -1.8% | +12.5% |
| 2022 | +19.8% | +17.5% | +52.8% |
| 2021 | -7.0% | -5.2% | +3.1% |
| 2020 | -0.8% | -0.7% | +31.9% |
| 2019 | +1.4% | +1.0% | +36.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1975 |
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 Strong Place Day Care Center Inc with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 4%
- programs: 95%
- fundraising: 1%
According to IRS 990 filings, Strong Place Day Care Center Inc allocates its expenses as follows: admin: 4%, programs: 95%, fundraising: 1%. With 95% 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 surplus of $89K, with revenue exceeding expenses.
- Debt-to-asset ratio: 36.1%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no compensation is paid to officers or that leadership is entirely volunteer-based, which is highly unusual for an organization of this size with over $4 million in annual expenses.
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 Strong Place Day Care Center Inc's IRS 990 filings:
- Consistent 0% officer compensation for an organization of this size could indicate a lack of transparency in how leadership is compensated, or an unusual operational model that warrants further inquiry.
Strengths
The following positive indicators were identified for Strong Place Day Care Center Inc:
- Consistent financial surpluses, with revenue exceeding expenses in most reported years.
- Strong growth in assets over the past decade, from $489,078 in 2014 to $2,669,389 in 2023.
- Very high program efficiency, as indicated by the small difference between total revenue and total expenses, suggesting most funds go directly to operations.
- Low liabilities relative to assets, indicating a healthy balance sheet and financial stability.
Frequently Asked Questions about Strong Place Day Care Center Inc
Is Strong Place Day Care Center Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Strong Place Day Care Center Inc (EIN: 112203754) some concerns. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
How does Strong Place Day Care Center Inc spend its money?
Strong Place Day Care Center Inc directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Strong Place Day Care Center Inc tax-deductible?
Strong Place Day Care Center Inc is registered as a tax-exempt nonprofit (EIN: 112203754). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Strong Place Day Care Center Inc CEO make?
Strong Place Day Care Center Inc's highest-compensated officer earns $4 annually. The organization reported $5.3M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Strong Place Day Care Center Inc's spending goes to programs?
Strong Place Day Care Center Inc directs 95% to programs, 1% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Strong Place Day Care Center Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Strong Place Day Care Center Inc is above average for NTEE category P33Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Strong Place Day Care Center Inc located?
Strong Place Day Care Center Inc is headquartered in Brooklyn, New York and files with the IRS under EIN 112203754. It is classified under NTEE code P33Z.
How many years of IRS 990 filings does Strong Place Day Care Center Inc have?
Strong Place Day Care Center 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 $5.3M in total revenue.
How does Strong Place Day Care Center Inc manage to operate with 0% officer compensation?
The filings consistently show 0% officer compensation. This could mean that executive leadership is entirely volunteer-based, or that compensation is structured in a way that it's not reported under 'officer compensation' on the 990, such as through a related management entity or as regular employee salaries if officers are also employees. Further investigation into their operational structure would be needed.
What is the trend in the organization's net assets?
Net assets (Assets minus Liabilities) have shown a strong upward trend, increasing from $232,164 in 2014 ($489,078 - $256,914) to $1,706,182 in 2023 ($2,669,389 - $963,207), indicating healthy financial growth and accumulation of reserves.
Is the organization growing in size?
Yes, both revenue and assets have shown consistent growth over the past decade. Revenue increased from $2,769,294 in 2014 to $4,704,041 in 2023, and assets grew from $489,078 to $2,669,389 in the same period, indicating significant expansion.
Filing History
IRS 990 filing history for Strong Place Day Care Center Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Strong Place Day Care Center Inc's revenue has grown by 771.6%, moving from $540K to $4.7M. Total assets increased by 1976.8% over the same period, from $129K to $2.7M. Total functional expenses rose by 747.8%, from $544K to $4.6M. In its most recent filing year (2023), Strong Place Day Care Center Inc reported a surplus of $89K, with revenue exceeding expenses. The organization holds $963K in liabilities against $2.7M in assets (debt-to-asset ratio: 36.1%), resulting in net assets of $1.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.7M | $4.6M | $2.7M | $963K | — | — |
| 2022 | $4.8M | $4.7M | $2.4M | $757K | — | View 990 |
| 2021 | $4.0M | $4.0M | $1.6M | $48K | — | View 990 |
| 2020 | $4.3M | $4.2M | $1.5M | $719K | — | View 990 |
| 2019 | $4.4M | $4.2M | $1.1M | $455K | — | View 990 |
| 2018 | $4.3M | $4.2M | $838K | $261K | — | View 990 |
| 2017 | $4.1M | $4.0M | $748K | $236K | — | View 990 |
| 2016 | $3.6M | $3.5M | $664K | $267K | — | View 990 |
| 2015 | $3.1M | $3.1M | $600K | $312K | — | View 990 |
| 2014 | $2.8M | $2.7M | $489K | $257K | — | View 990 |
| 2013 | $2.0M | $1.9M | $302K | $151K | — | View 990 |
| 2012 | $563K | $557K | $168K | $41K | — | View 990 |
| 2011 | $540K | $544K | $129K | $8K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.7M, expenses of $4.6M, and assets of $2.7M (revenue -2.2% year-over-year).
- 2022: Revenue of $4.8M, expenses of $4.7M, and assets of $2.4M (revenue +19.8% year-over-year).
- 2021: Revenue of $4.0M, expenses of $4.0M, and assets of $1.6M (revenue -7.0% year-over-year).
- 2020: Revenue of $4.3M, expenses of $4.2M, and assets of $1.5M (revenue -0.8% year-over-year).
- 2019: Revenue of $4.4M, expenses of $4.2M, and assets of $1.1M (revenue +1.4% year-over-year).
- 2018: Revenue of $4.3M, expenses of $4.2M, and assets of $838K (revenue +4.7% year-over-year).
- 2017: Revenue of $4.1M, expenses of $4.0M, and assets of $748K (revenue +13.9% year-over-year).
- 2016: Revenue of $3.6M, expenses of $3.5M, and assets of $664K (revenue +15.3% year-over-year).
- 2015: Revenue of $3.1M, expenses of $3.1M, and assets of $600K (revenue +12.8% year-over-year).
- 2014: Revenue of $2.8M, expenses of $2.7M, and assets of $489K (revenue +40.7% year-over-year).
- 2013: Revenue of $2.0M, expenses of $1.9M, and assets of $302K (revenue +249.6% year-over-year).
- 2012: Revenue of $563K, expenses of $557K, and assets of $168K (revenue +4.3% year-over-year).
- 2011: Revenue of $540K, expenses of $544K, and assets of $129K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Strong Place Day Care Center Inc:
Data Sources and Methodology
This transparency report for Strong Place Day Care Center 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.