The Learning Circle Daycare
EIN: 850387625 · Kirtland, NM · NTEE: P33Z
| Metric | Value |
|---|---|
| Total Revenue | $1.3M |
| Total Expenses | $959K |
| Net Assets | $613K |
Is The Learning Circle Daycare Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About The Learning Circle Daycare
The Learning Circle Daycare (EIN: 850387625) is a nonprofit organization based in Kirtland, NM, classified under NTEE code P33Z. The organization reported total revenue of $1.3M and total assets of $842K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Learning Circle Daycare's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Learning Circle Daycare is a mid-size nonprofit that has been operating for 35 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $971K |
| Total Expenses | $959K |
| Surplus / Deficit | +$13K |
| Total Assets | $684K |
| Total Liabilities | $71K |
| Net Assets | $613K |
| Operating Margin | 1.3% |
| Debt-to-Asset Ratio | 10.4% |
| Months of Reserves | 8.6 months |
Financial Health Grade: A
In 2023, The Learning Circle Daycare reported a surplus of $13K with revenue exceeding expenses, holds 8.6 months of operating reserves (strong position), has a debt-to-asset ratio of 10.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), The Learning Circle Daycare's revenue has grown at a compound annual growth rate (CAGR) of 9.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +17.5% | +34.4% | +0.5% |
| 2022 | +3.0% | +8.4% | +24.9% |
| 2021 | +50.3% | +25.0% | +44.2% |
| 2020 | +11.8% | +9.2% | +20.9% |
| 2019 | -14.3% | +1.8% | -1.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1991 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for The Learning Circle Daycare has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates The Learning Circle Daycare with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $13K, with revenue exceeding expenses.
- Debt-to-asset ratio: 10.4%.
Frequently Asked Questions about The Learning Circle Daycare
Is The Learning Circle Daycare a legitimate charity?
Based on AI analysis of IRS 990 filings, The Learning Circle Daycare (EIN: 850387625) insufficient data. 0 red flags identified, 0 strengths noted.
How does The Learning Circle Daycare spend its money?
Detailed spending breakdown data is not yet available for The Learning Circle Daycare. Check back for updated IRS 990 analysis.
Are donations to The Learning Circle Daycare tax-deductible?
The Learning Circle Daycare is registered as a tax-exempt nonprofit (EIN: 850387625). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is The Learning Circle Daycare located?
The Learning Circle Daycare is headquartered in Kirtland, New Mexico and files with the IRS under EIN 850387625. It is classified under NTEE code P33Z.
How many years of IRS 990 filings does The Learning Circle Daycare have?
The Learning Circle Daycare 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 $1.3M in total revenue.
Filing History
IRS 990 filing history for The Learning Circle Daycare showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), The Learning Circle Daycare's revenue has grown by 209%, moving from $314K to $971K. Total assets increased by 909.4% over the same period, from $68K to $684K. Total functional expenses rose by 204.4%, from $315K to $959K. In its most recent filing year (2023), The Learning Circle Daycare reported a surplus of $13K, with revenue exceeding expenses. The organization holds $71K in liabilities against $684K in assets (debt-to-asset ratio: 10.4%), resulting in net assets of $613K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $971K | $959K | $684K | $71K | — | — |
| 2022 | $826K | $714K | $680K | $80K | — | View 990 |
| 2021 | $803K | $658K | $545K | $57K | — | View 990 |
| 2020 | $534K | $527K | $378K | $35K | — | View 990 |
| 2019 | $478K | $482K | $312K | $17K | — | View 990 |
| 2018 | $557K | $474K | $318K | $6K | — | View 990 |
| 2017 | $557K | $403K | $262K | $3K | — | View 990 |
| 2016 | $376K | $389K | $98K | $9K | — | View 990 |
| 2015 | $416K | $384K | $105K | $3K | — | View 990 |
| 2014 | $392K | $386K | $81K | $12K | — | View 990 |
| 2013 | $338K | $332K | $76K | $13K | — | View 990 |
| 2012 | $365K | $359K | $75K | $18K | — | View 990 |
| 2011 | $314K | $315K | $68K | $16K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $971K, expenses of $959K, and assets of $684K (revenue +17.5% year-over-year).
- 2022: Revenue of $826K, expenses of $714K, and assets of $680K (revenue +3.0% year-over-year).
- 2021: Revenue of $803K, expenses of $658K, and assets of $545K (revenue +50.3% year-over-year).
- 2020: Revenue of $534K, expenses of $527K, and assets of $378K (revenue +11.8% year-over-year).
- 2019: Revenue of $478K, expenses of $482K, and assets of $312K (revenue -14.3% year-over-year).
- 2018: Revenue of $557K, expenses of $474K, and assets of $318K (revenue +0.1% year-over-year).
- 2017: Revenue of $557K, expenses of $403K, and assets of $262K (revenue +48.1% year-over-year).
- 2016: Revenue of $376K, expenses of $389K, and assets of $98K (revenue -9.5% year-over-year).
- 2015: Revenue of $416K, expenses of $384K, and assets of $105K (revenue +6.0% year-over-year).
- 2014: Revenue of $392K, expenses of $386K, and assets of $81K (revenue +16.0% year-over-year).
- 2013: Revenue of $338K, expenses of $332K, and assets of $76K (revenue -7.4% year-over-year).
- 2012: Revenue of $365K, expenses of $359K, and assets of $75K (revenue +16.1% year-over-year).
- 2011: Revenue of $314K, expenses of $315K, and assets of $68K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Learning Circle Daycare:
Data Sources and Methodology
This transparency report for The Learning Circle Daycare 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.