Swarthmore Friends Nursery School
Swarthmore Friends Nursery School maintains stable finances with consistent asset growth and no reported officer compensation.
EIN: 204643404 · Swarthmore, PA · NTEE: B21 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $539K |
| Total Expenses | $503K |
| Program Spending | 90% |
| Net Assets | $203K |
| Transparency Score | 85/100 |
Is Swarthmore Friends Nursery School Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Swarthmore Friends Nursery School directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Swarthmore Friends Nursery School
Swarthmore Friends Nursery School (EIN: 204643404) is a nonprofit organization based in Swarthmore, PA, classified under NTEE code B21. The organization reported total revenue of $539K and total assets of $370K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Swarthmore Friends Nursery School's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Swarthmore Friends Nursery School is a small nonprofit that has been operating for 17 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 6.9%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $476K |
| Total Expenses | $503K |
| Surplus / Deficit | $-26,736 |
| Total Assets | $301K |
| Total Liabilities | $98K |
| Net Assets | $203K |
| Operating Margin | -5.6% |
| Debt-to-Asset Ratio | 32.6% |
| Months of Reserves | 7.2 months |
Financial Health Grade: B
In 2024, Swarthmore Friends Nursery School reported a deficit of $27K with expenses exceeding revenue, holds 7.2 months of operating reserves (strong position), has a debt-to-asset ratio of 32.6% (moderate leverage).
Financial Trends
Over 14 years of filings (2011–2024), Swarthmore Friends Nursery School's revenue has grown at a compound annual growth rate (CAGR) of 6.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +2.9% | +9.2% | -16.2% |
| 2023 | +11.6% | +7.1% | +18.4% |
| 2022 | +49.4% | +72.2% | -5.4% |
| 2021 | -29.3% | -35.4% | +17.8% |
| 2020 | -14.1% | -1.9% | -11.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| 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 Swarthmore Friends Nursery School 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: 8%
- programs: 90%
- fundraising: 2%
According to IRS 990 filings, Swarthmore Friends Nursery School allocates its expenses as follows: admin: 8%, programs: 90%, fundraising: 2%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $27K, with expenses exceeding revenue.
- Debt-to-asset ratio: 32.6%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership may be volunteer-based or compensated through non-officer roles, which is a positive sign for resource allocation directly to the school's 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.
Strengths
The following positive indicators were identified for Swarthmore Friends Nursery School:
- Consistent asset growth, from $102,840 in 201508 to $300,577 in 202408.
- No reported officer compensation across all filings, suggesting high efficiency in leadership costs.
- Long history of IRS 990 filings (14 filings), indicating strong transparency.
- Revenues generally cover expenses, demonstrating operational sustainability.
Frequently Asked Questions about Swarthmore Friends Nursery School
Is Swarthmore Friends Nursery School a legitimate charity?
Based on AI analysis of IRS 990 filings, Swarthmore Friends Nursery School (EIN: 204643404) appears legitimate. Mission Score: 85/100. 0 red flags identified, 4 strengths noted.
How does Swarthmore Friends Nursery School spend its money?
Swarthmore Friends Nursery School directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Swarthmore Friends Nursery School tax-deductible?
Swarthmore Friends Nursery School is registered as a tax-exempt nonprofit (EIN: 204643404). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Swarthmore Friends Nursery School's spending goes to programs?
Swarthmore Friends Nursery School directs 90% to programs, 2% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Swarthmore Friends Nursery School compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Swarthmore Friends Nursery School is above average for NTEE category B21 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Swarthmore Friends Nursery School located?
Swarthmore Friends Nursery School is headquartered in Swarthmore, Pennsylvania and files with the IRS under EIN 204643404. It is classified under NTEE code B21.
How many years of IRS 990 filings does Swarthmore Friends Nursery School have?
Swarthmore Friends Nursery School has 14 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 $539K in total revenue.
Is Swarthmore Friends Nursery School financially stable?
Yes, the school appears financially stable. While there are minor operating deficits in some years (e.g., 202408 with expenses of $502,835 exceeding revenues of $476,099), these are not severe or consistent. Assets have grown from $102,840 in 201508 to $300,577 in 202408, demonstrating a healthy financial trajectory.
How does Swarthmore Friends Nursery School manage executive compensation?
The organization reports 0% officer compensation in all available IRS 990 filings, suggesting that its leadership is either entirely volunteer or compensated through roles not classified as officers, which is a strong indicator of efficient resource allocation.
Has the organization's financial health improved over time?
Yes, the organization's assets have shown a significant increase from $102,840 in 201508 to $300,577 in 202408, indicating an improvement in its overall financial health and capacity.
Filing History
IRS 990 filing history for Swarthmore Friends Nursery School showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Swarthmore Friends Nursery School's revenue has grown by 138.3%, moving from $200K to $476K. Total assets increased by 424.3% over the same period, from $57K to $301K. Total functional expenses rose by 155.9%, from $197K to $503K. In its most recent filing year (2024), Swarthmore Friends Nursery School reported a deficit of $27K, with expenses exceeding revenue. The organization holds $98K in liabilities against $301K in assets (debt-to-asset ratio: 32.6%), resulting in net assets of $203K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $476K | $503K | $301K | $98K | — | — |
| 2023 | $463K | $460K | $359K | $130K | — | View 990 |
| 2022 | $414K | $430K | $303K | $76K | — | View 990 |
| 2021 | $277K | $250K | $320K | $78K | — | View 990 |
| 2020 | $392K | $386K | $272K | $57K | — | View 990 |
| 2019 | $456K | $394K | $306K | $96K | — | View 990 |
| 2018 | $403K | $385K | $247K | $100K | — | View 990 |
| 2017 | $348K | $293K | $172K | $43K | — | View 990 |
| 2016 | $301K | $295K | $115K | $42K | — | View 990 |
| 2015 | $261K | $264K | $103K | $35K | — | View 990 |
| 2014 | $269K | $237K | $90K | $18K | — | View 990 |
| 2013 | $210K | $208K | $62K | $23K | — | View 990 |
| 2012 | $208K | $212K | $52K | $15K | — | View 990 |
| 2011 | $200K | $197K | $57K | $16K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $476K, expenses of $503K, and assets of $301K (revenue +2.9% year-over-year).
- 2023: Revenue of $463K, expenses of $460K, and assets of $359K (revenue +11.6% year-over-year).
- 2022: Revenue of $414K, expenses of $430K, and assets of $303K (revenue +49.4% year-over-year).
- 2021: Revenue of $277K, expenses of $250K, and assets of $320K (revenue -29.3% year-over-year).
- 2020: Revenue of $392K, expenses of $386K, and assets of $272K (revenue -14.1% year-over-year).
- 2019: Revenue of $456K, expenses of $394K, and assets of $306K (revenue +13.4% year-over-year).
- 2018: Revenue of $403K, expenses of $385K, and assets of $247K (revenue +15.8% year-over-year).
- 2017: Revenue of $348K, expenses of $293K, and assets of $172K (revenue +15.5% year-over-year).
- 2016: Revenue of $301K, expenses of $295K, and assets of $115K (revenue +15.4% year-over-year).
- 2015: Revenue of $261K, expenses of $264K, and assets of $103K (revenue -2.9% year-over-year).
- 2014: Revenue of $269K, expenses of $237K, and assets of $90K (revenue +27.9% year-over-year).
- 2013: Revenue of $210K, expenses of $208K, and assets of $62K (revenue +1.0% year-over-year).
- 2012: Revenue of $208K, expenses of $212K, and assets of $52K (revenue +4.0% year-over-year).
- 2011: Revenue of $200K, expenses of $197K, and assets of $57K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Swarthmore Friends Nursery School:
Data Sources and Methodology
This transparency report for Swarthmore Friends 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.