Toms River Nursery School

Toms River Nursery School maintains stable operations with growing assets despite occasional minor deficits and no reported officer compensation.

EIN: 210660994 · Toms River, NJ · Updated: 2026-03-28

$525KRevenue
$317KAssets
85/100Mission Score (Excellent)
Toms River Nursery School Financial Summary
MetricValue
Total Revenue$525K
Total Expenses$701K
Program Spending90%
Net Assets$169K
Transparency Score85/100

Is Toms River Nursery School Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Toms River Nursery School directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Toms River Nursery School

Toms River Nursery School (EIN: 210660994) is a nonprofit organization based in Toms River, NJ. The organization reported total revenue of $525K and total assets of $317K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Toms River Nursery School's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

57Years Operating
SmallSize Classification
12Years of Filings
MixedRevenue Trajectory

Toms River Nursery School is a small nonprofit that has been operating for 57 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 1.3%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$669K
Total Expenses$701K
Surplus / Deficit$-32,761
Total Assets$446K
Total Liabilities$276K
Net Assets$169K
Operating Margin-4.9%
Debt-to-Asset Ratio62.0%
Months of Reserves7.6 months

Financial Health Grade: C

In 2023, Toms River Nursery School reported a deficit of $33K with expenses exceeding revenue, holds 7.6 months of operating reserves (strong position), has a debt-to-asset ratio of 62.0% (high leverage).

Financial Trends

Over 12 years of filings (2012–2023), Toms River Nursery School's revenue has grown at a compound annual growth rate (CAGR) of 1.3%.

YearRevenue ChangeExpense ChangeAsset Change
2023+2.8%+13.4%-7.5%
2022-6.3%+4.9%+4.7%
2021+49.8%+23.9%+120.1%
2020-34.8%-26.5%-7.0%
2019+14.5%+4.9%+36.1%

IRS Tax-Exempt Classification

IRS Classification Codes2000
IRS Ruling Date1969

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Toms River Nursery School demonstrates consistent operational activity, with revenues and expenses generally in the range of $600,000 to $700,000 over the past decade. The organization's financial health appears stable, though the most recent filing (202306) shows expenses exceeding revenue by $32,800 ($701,448 vs $668,687), leading to a slight deficit. However, this is not an isolated incident, as deficits were also observed in 2020, 2017, 2015, and 2014, indicating a pattern of sometimes operating at a slight loss, which is common for smaller educational nonprofits. The organization's assets have shown growth, increasing from $115,180 in 2017 to $445,577 in 2023, suggesting prudent management of resources over time despite occasional operational deficits. Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which is not provided in the summary data. However, the consistent operational scale and the fact that officer compensation has been reported as 0% across all available filings suggest that a significant portion of funds is likely directed towards the school's core mission rather than executive salaries. This lack of reported officer compensation also points to a high degree of transparency regarding leadership remuneration, as it indicates either a volunteer-led board or that compensation falls below reporting thresholds, which is a positive sign for a nonprofit of this size. Overall, Toms River Nursery School appears to be a financially stable organization with a long operating history. While occasional deficits occur, they are generally minor relative to total revenue and assets have grown. The absence of reported officer compensation is a strong indicator of financial prudence and transparency regarding leadership costs. Further detailed expense breakdowns would enhance the assessment of spending efficiency, but the available data suggests a well-managed entity focused on its educational mission.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Toms River 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: 7%
  • programs: 90%
  • fundraising: 3%

According to IRS 990 filings, Toms River Nursery School allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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:

$669KTotal Revenue
$701KTotal Expenses
$446KTotal Assets
$276KTotal Liabilities
$169KNet Assets
  • The organization reported a deficit of $33K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 62.0%.

Executive Compensation Analysis

Officer compensation has been reported as 0% across all available filings, indicating that either leadership roles are entirely volunteer-based or compensation falls below IRS reporting thresholds, which is highly favorable for an organization of this 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 Toms River Nursery School's IRS 990 filings:

  • Occasional operational deficits (e.g., $32,800 in 202306, $12,758 in 202006) indicate periods where expenses outpace revenue.

Strengths

The following positive indicators were identified for Toms River Nursery School:

  • Zero reported officer compensation across all filings, indicating high efficiency in leadership costs.
  • Consistent operational history over more than a decade, demonstrating stability.
  • Significant growth in assets from $115,180 in 2017 to $445,577 in 2023, showing financial accumulation.
  • Stable revenue streams, generally in the $600,000-$700,000 range, supporting ongoing operations.

Frequently Asked Questions about Toms River Nursery School

Is Toms River Nursery School a legitimate charity?

Toms River Nursery School (EIN: 210660994) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 85/100. It has 12 years of IRS 990 filings on record. Total revenue: $525K. 1 red flag identified. 4 strengths noted. Financial health grade: C.

How does Toms River Nursery School spend its money?

Toms River Nursery School directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.

Are donations to Toms River Nursery School tax-deductible?

Toms River Nursery School is registered as a tax-exempt nonprofit (EIN: 210660994). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Toms River Nursery School's spending goes to programs?

Toms River Nursery School directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

Where is Toms River Nursery School located?

Toms River Nursery School is headquartered in Toms River, New Jersey and files with the IRS under EIN 210660994.

How many years of IRS 990 filings does Toms River Nursery School have?

Toms River Nursery School has 12 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 $525K in total revenue.

Is Toms River Nursery School a good charity?

Based on the available data, Toms River Nursery School appears to be a well-managed organization. It has a long operating history, consistent revenue, growing assets, and notably, zero reported officer compensation, suggesting a strong commitment to its mission and efficient use of funds.

How has the organization's financial health changed over time?

The organization's financial health has generally improved, with assets growing significantly from $115,180 in 2017 to $445,577 in 2023. While there have been periods of expenses exceeding revenue (e.g., 2023, 2020), these deficits are typically small relative to total operations and have not hindered overall asset growth.

What is the trend in revenue and expenses?

Revenue and expenses have generally fluctuated between $460,000 and $700,000 over the past decade. The organization experienced a dip in revenue in 2020 ($463,220) but has since recovered, with 2023 revenue at $668,687. Expenses have largely tracked revenue, sometimes slightly exceeding it.

Filing History

IRS 990 filing history for Toms River Nursery School showing financial trends over 12 years of public records:

Over 12 years of IRS 990 filings (2012–2023), Toms River Nursery School's revenue has grown by 15.9%, moving from $577K to $669K. Total assets increased by 208.7% over the same period, from $144K to $446K. Total functional expenses rose by 17.5%, from $597K to $701K. In its most recent filing year (2023), Toms River Nursery School reported a deficit of $33K, with expenses exceeding revenue. The organization holds $276K in liabilities against $446K in assets (debt-to-asset ratio: 62.0%), resulting in net assets of $169K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $669K $701K $446K $276K
2022 $650K $618K $482K $280K View 990
2021 $694K $590K $460K $290K View 990
2020 $463K $476K $209K $143K View 990
2019 $710K $647K $225K $146K View 990
2018 $620K $617K $165K $149K View 990
2017 $607K $627K $115K $102K View 990
2016 $631K $627K $142K $109K View 990
2015 $632K $647K $144K $115K
2014 $659K $675K $176K $132K View 990
2013 $622K $628K $187K $127K View 990
2012 $577K $597K $144K $78K View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $669K, expenses of $701K, and assets of $446K (revenue +2.8% year-over-year).
  • 2022: Revenue of $650K, expenses of $618K, and assets of $482K (revenue -6.3% year-over-year).
  • 2021: Revenue of $694K, expenses of $590K, and assets of $460K (revenue +49.8% year-over-year).
  • 2020: Revenue of $463K, expenses of $476K, and assets of $209K (revenue -34.8% year-over-year).
  • 2019: Revenue of $710K, expenses of $647K, and assets of $225K (revenue +14.5% year-over-year).
  • 2018: Revenue of $620K, expenses of $617K, and assets of $165K (revenue +2.2% year-over-year).
  • 2017: Revenue of $607K, expenses of $627K, and assets of $115K (revenue -3.8% year-over-year).
  • 2016: Revenue of $631K, expenses of $627K, and assets of $142K (revenue -0.3% year-over-year).
  • 2015: Revenue of $632K, expenses of $647K, and assets of $144K (revenue -4.0% year-over-year).
  • 2014: Revenue of $659K, expenses of $675K, and assets of $176K (revenue +5.9% year-over-year).
  • 2013: Revenue of $622K, expenses of $628K, and assets of $187K (revenue +7.7% year-over-year).
  • 2012: Revenue of $577K, expenses of $597K, and assets of $144K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Toms River Nursery School:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing

Data Sources and Methodology

This transparency report for Toms River 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.

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