Sugar & Spice Preschool Inc
Sugar & Spice Preschool Inc. maintains stable operations with no reported officer compensation, often operating with slight deficits.
EIN: 20314821 · Weare, NH · NTEE: P33Z · Updated: 2026-03-28
Is Sugar & Spice Preschool Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Sugar & Spice Preschool Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Sugar & Spice Preschool Inc
Sugar & Spice Preschool Inc (EIN: 20314821) is a nonprofit organization based in Weare, NH, classified under NTEE code P33Z. The organization reported total revenue of $191K and total assets of $48K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sugar & Spice Preschool 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 Sugar & Spice Preschool Inc with a Mission Score of 85 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Sugar & Spice Preschool Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
No officer compensation has been reported in any of the available IRS 990 filings, indicating that executive leadership is either volunteer-based or compensated through other means, which significantly reduces administrative overhead for an organization of its size.
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 Sugar & Spice Preschool Inc's IRS 990 filings:
- Frequent operational deficits, such as in 202406 where expenses ($154,380) exceeded revenue ($140,709), could indicate reliance on reserves or future funding.
Strengths
The following positive indicators were identified for Sugar & Spice Preschool Inc:
- Consistent reporting of 0% officer compensation across all filings, indicating high spending efficiency and dedication to mission.
- Strong transparency with 14 consistent IRS 990 filings.
- Maintains a stable asset base (e.g., $48,256 latest assets) despite fluctuating annual revenues and expenses.
- Frequently reports zero liabilities (e.g., 202406, 202306, 202206), indicating sound financial management and low debt.
Frequently Asked Questions about Sugar & Spice Preschool Inc
Is Sugar & Spice Preschool Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Sugar & Spice Preschool Inc (EIN: 20314821) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Sugar & Spice Preschool Inc spend its money?
Sugar & Spice Preschool Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Sugar & Spice Preschool Inc tax-deductible?
Sugar & Spice Preschool Inc is registered as a tax-exempt nonprofit (EIN: 20314821). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Sugar & Spice Preschool Inc. financially stable?
Yes, despite occasional operational deficits (e.g., $140,709 revenue vs. $154,380 expenses in 202406), the organization maintains a stable asset base (e.g., $33,376 in 202406) and frequently reports zero liabilities, indicating good financial management.
How efficient is Sugar & Spice Preschool Inc. with its spending?
The organization appears highly efficient, particularly given the consistent reporting of 0% officer compensation across all filings, suggesting a strong focus on program delivery and minimal administrative overhead.
Does Sugar & Spice Preschool Inc. have high administrative costs?
Based on the absence of reported officer compensation, administrative costs are likely very low, contributing to a high percentage of funds being directed towards its mission.
What is the trend in revenue and expenses for Sugar & Spice Preschool Inc.?
Revenue and expenses have fluctuated over the years, generally staying within a similar range. For example, in 201506, revenue was $224,040 and expenses were $261,382, while in 202406, revenue was $140,709 and expenses were $154,380. The organization often operates with a slight deficit.
Filing History
IRS 990 filing history for Sugar & Spice Preschool Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Sugar & Spice Preschool Inc's revenue has declined by 26.2%, moving from $191K to $141K. Total assets decreased by 39.3% over the same period, from $55K to $33K. Total functional expenses fell by 28.9%, from $217K to $154K. In its most recent filing year (2024), Sugar & Spice Preschool Inc reported a deficit of $14K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2024 | $141K | $154K | $33K | $0 | — | — |
| 2023 | $154K | $158K | $47K | $0 | — | View 990 |
| 2022 | $135K | $142K | $51K | $0 | — | View 990 |
| 2021 | $166K | $143K | $58K | $2K | — | View 990 |
| 2020 | $115K | $124K | $37K | $3K | — | View 990 |
| 2019 | $131K | $169K | $48K | $6K | — | View 990 |
| 2018 | $197K | $184K | $84K | $3K | — | — |
| 2017 | $185K | $190K | $71K | $0 | — | View 990 |
| 2016 | $214K | $203K | $77K | $0 | — | View 990 |
| 2015 | $224K | $261K | $65K | $0 | — | View 990 |
| 2014 | $268K | $228K | $103K | $2K | — | View 990 |
| 2013 | $232K | $217K | $63K | $2K | — | View 990 |
| 2012 | $199K | $206K | $50K | $4K | — | View 990 |
| 2011 | $191K | $217K | $55K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $141K, expenses of $154K, and assets of $33K (revenue -8.8% year-over-year).
- 2023: Revenue of $154K, expenses of $158K, and assets of $47K (revenue +13.9% year-over-year).
- 2022: Revenue of $135K, expenses of $142K, and assets of $51K (revenue -18.5% year-over-year).
- 2021: Revenue of $166K, expenses of $143K, and assets of $58K (revenue +44.2% year-over-year).
- 2020: Revenue of $115K, expenses of $124K, and assets of $37K (revenue -11.9% year-over-year).
- 2019: Revenue of $131K, expenses of $169K, and assets of $48K (revenue -33.5% year-over-year).
- 2018: Revenue of $197K, expenses of $184K, and assets of $84K (revenue +6.4% year-over-year).
- 2017: Revenue of $185K, expenses of $190K, and assets of $71K (revenue -13.5% year-over-year).
- 2016: Revenue of $214K, expenses of $203K, and assets of $77K (revenue -4.6% year-over-year).
- 2015: Revenue of $224K, expenses of $261K, and assets of $65K (revenue -16.3% year-over-year).
- 2014: Revenue of $268K, expenses of $228K, and assets of $103K (revenue +15.4% year-over-year).
- 2013: Revenue of $232K, expenses of $217K, and assets of $63K (revenue +16.6% year-over-year).
- 2012: Revenue of $199K, expenses of $206K, and assets of $50K (revenue +4.4% year-over-year).
- 2011: Revenue of $191K, expenses of $217K, and assets of $55K.
Data Sources and Methodology
This transparency report for Sugar & Spice Preschool 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.