Tracy Kids World
EIN: 300125506 · Tracy, MN · NTEE: P33
| Metric | Value |
|---|---|
| Total Revenue | $402K |
| Total Expenses | $418K |
| Net Assets | $73K |
Is Tracy Kids World Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Tracy Kids World
Tracy Kids World (EIN: 300125506) is a nonprofit organization based in Tracy, MN, classified under NTEE code P33. The organization reported total revenue of $402K and total assets of $42K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tracy Kids World's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Tracy Kids World is a small nonprofit that has been operating for 24 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 5.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $394K |
| Total Expenses | $418K |
| Surplus / Deficit | $-23,437 |
| Total Assets | $73K |
| Net Assets | $73K |
| Operating Margin | -5.9% |
| Months of Reserves | 2.1 months |
Financial Health Grade: D
In 2023, Tracy Kids World reported a deficit of $23K with expenses exceeding revenue, holds 2.1 months of operating reserves (limited).
Financial Trends
Over 14 years of filings (2010–2023), Tracy Kids World's revenue has grown at a compound annual growth rate (CAGR) of 5.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +2.0% | +4.9% | -24.6% |
| 2022 | +3.7% | +31.5% | -25.0% |
| 2021 | +33.8% | +36.0% | +21.7% |
| 2020 | -3.8% | -23.8% | +1828.7% |
| 2019 | -9.2% | -7.0% | -44.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2002 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Tracy Kids World 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 Tracy Kids World 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 deficit of $23K, with expenses exceeding revenue.
Frequently Asked Questions about Tracy Kids World
Is Tracy Kids World a legitimate charity?
Based on AI analysis of IRS 990 filings, Tracy Kids World (EIN: 300125506) insufficient data. 0 red flags identified, 0 strengths noted.
How does Tracy Kids World spend its money?
Detailed spending breakdown data is not yet available for Tracy Kids World. Check back for updated IRS 990 analysis.
Are donations to Tracy Kids World tax-deductible?
Tracy Kids World is registered as a tax-exempt nonprofit (EIN: 300125506). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Tracy Kids World located?
Tracy Kids World is headquartered in Tracy, Minnesota and files with the IRS under EIN 300125506. It is classified under NTEE code P33.
How many years of IRS 990 filings does Tracy Kids World have?
Tracy Kids World 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 $402K in total revenue.
Filing History
IRS 990 filing history for Tracy Kids World showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Tracy Kids World's revenue has grown by 94.9%, moving from $202K to $394K. Total assets decreased by 94.8% over the same period, from $1.4M to $73K. Total functional expenses rose by 63.6%, from $255K to $418K. In its most recent filing year (2023), Tracy Kids World reported a deficit of $23K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $394K | $418K | $73K | $-3 | — | — |
| 2022 | $386K | $398K | $97K | $454 | — | View 990 |
| 2021 | $373K | $303K | $129K | $3K | — | View 990 |
| 2020 | $279K | $223K | $106K | $48K | — | View 990 |
| 2019 | $290K | $292K | $6K | $2K | — | View 990 |
| 2018 | $319K | $314K | $10K | $3K | — | View 990 |
| 2017 | $317K | $332K | $6K | $4K | — | View 990 |
| 2016 | $269K | $285K | $21K | $5K | — | View 990 |
| 2015 | $298K | $278K | $33K | $323 | — | View 990 |
| 2014 | $272K | $260K | $18K | $5K | — | View 990 |
| 2013 | $244K | $240K | $10K | $5K | — | View 990 |
| 2012 | $198K | $189K | $28K | $25K | — | View 990 |
| 2011 | $211K | $262K | $1.4M | $1.4M | — | View 990 |
| 2010 | $202K | $255K | $1.4M | $1.3M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $394K, expenses of $418K, and assets of $73K (revenue +2.0% year-over-year).
- 2022: Revenue of $386K, expenses of $398K, and assets of $97K (revenue +3.7% year-over-year).
- 2021: Revenue of $373K, expenses of $303K, and assets of $129K (revenue +33.8% year-over-year).
- 2020: Revenue of $279K, expenses of $223K, and assets of $106K (revenue -3.8% year-over-year).
- 2019: Revenue of $290K, expenses of $292K, and assets of $6K (revenue -9.2% year-over-year).
- 2018: Revenue of $319K, expenses of $314K, and assets of $10K (revenue +0.5% year-over-year).
- 2017: Revenue of $317K, expenses of $332K, and assets of $6K (revenue +17.9% year-over-year).
- 2016: Revenue of $269K, expenses of $285K, and assets of $21K (revenue -9.6% year-over-year).
- 2015: Revenue of $298K, expenses of $278K, and assets of $33K (revenue +9.5% year-over-year).
- 2014: Revenue of $272K, expenses of $260K, and assets of $18K (revenue +11.6% year-over-year).
- 2013: Revenue of $244K, expenses of $240K, and assets of $10K (revenue +23.1% year-over-year).
- 2012: Revenue of $198K, expenses of $189K, and assets of $28K (revenue -6.2% year-over-year).
- 2011: Revenue of $211K, expenses of $262K, and assets of $1.4M (revenue +4.3% year-over-year).
- 2010: Revenue of $202K, expenses of $255K, and assets of $1.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Tracy Kids World:
Data Sources and Methodology
This transparency report for Tracy Kids World 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.