Trinity Day Care Center
Trinity Day Care Center: Consistent Revenue Growth, Tight Margins
EIN: 222672270 · Portland, ME · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $671K |
| Total Expenses | $722K |
| Program Spending | 85% |
| Net Assets | $22K |
| Transparency Score | 75/100 |
Is Trinity Day Care Center Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Trinity Day Care Center directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Trinity Day Care Center
Trinity Day Care Center (EIN: 222672270) is a nonprofit organization based in Portland, ME. The organization reported total revenue of $671K and total assets of $23K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Trinity Day Care Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Trinity Day Care Center is a small nonprofit that has been operating for 86 years, with 16 years of IRS 990 filings on record (2008–2023). Revenue has grown at a compound annual rate of 8.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $693K |
| Total Expenses | $722K |
| Surplus / Deficit | $-29,245 |
| Total Assets | $22K |
| Net Assets | $22K |
| Operating Margin | -4.2% |
| Months of Reserves | 0.4 months |
Financial Health Grade: C
In 2023, Trinity Day Care Center reported a deficit of $29K with expenses exceeding revenue, holds 0.4 months of operating reserves (limited).
Financial Trends
Over 16 years of filings (2008–2023), Trinity Day Care Center's revenue has grown at a compound annual growth rate (CAGR) of 8.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +11.1% | +21.3% | -80.5% |
| 2022 | +16.7% | +20.8% | +34.1% |
| 2021 | +29.6% | +15.1% | +100.1% |
| 2020 | -6.8% | -10.5% | -27.9% |
| 2019 | -9.8% | +6.9% | -38.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 1940 |
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 Trinity Day Care Center with a Mission Score of 75 out of 100 (Good). 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: 85%
- fundraising: 5%
According to IRS 990 filings, Trinity Day Care Center allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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:
- The organization reported a deficit of $29K, with expenses exceeding revenue.
Executive Compensation Analysis
Without specific compensation figures for key employees, a detailed assessment of executive compensation is not possible from the provided data.
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 Trinity Day Care Center's IRS 990 filings:
- Expenses frequently exceed revenue, as seen in 2023 ($722,256 expenses vs. $693,011 revenue) and 2020 ($428,440 expenses vs. $412,473 revenue), indicating potential operational deficits.
- The net assets have fluctuated significantly, from $92,551 in 2018 down to $21,549 in 2023, suggesting a weakening financial cushion.
Strengths
The following positive indicators were identified for Trinity Day Care Center:
- Consistent revenue growth over the past several years, from $418,046 in 2016 to $693,011 in 2023, demonstrates strong fundraising and program demand.
- The organization maintains a positive asset base, albeit fluctuating, indicating some financial stability.
- The mission of providing day care services is clearly defined and consistently supported by operational activities.
Frequently Asked Questions about Trinity Day Care Center
Is Trinity Day Care Center a legitimate charity?
Trinity Day Care Center (EIN: 222672270) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 75/100. It has 16 years of IRS 990 filings on record. Total revenue: $671K. 2 red flags identified. 3 strengths noted. Financial health grade: C.
How does Trinity Day Care Center spend its money?
Trinity Day Care Center directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Trinity Day Care Center tax-deductible?
Trinity Day Care Center is registered as a tax-exempt nonprofit (EIN: 222672270). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Trinity Day Care Center's spending goes to programs?
Trinity Day Care Center directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Trinity Day Care Center located?
Trinity Day Care Center is headquartered in Portland, Maine and files with the IRS under EIN 222672270.
How many years of IRS 990 filings does Trinity Day Care Center have?
Trinity Day Care Center has 16 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 $671K in total revenue.
What does Trinity Day Care Center do?
Trinity Day Care Center is a nonprofit organization in the Unknown sector, located in Portland, Maine. It is classified under NTEE code Unknown.
How much revenue does Trinity Day Care Center have?
Trinity Day Care Center reported total revenue of $670,697. Based on 16 IRS 990 filings on record.
What are Trinity Day Care Center's total assets?
Trinity Day Care Center holds total assets of $23,430 as reported in IRS 990 filings.
Where is Trinity Day Care Center located?
Trinity Day Care Center is based in Portland, Maine.
What is Trinity Day Care Center's EIN?
Trinity Day Care Center's Employer Identification Number (EIN) is 222672270. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Trinity Day Care Center?
Trinity Day Care Center is classified under NTEE code Unknown (Unknown).
Is Trinity Day Care Center a registered 501(c)(3)?
Trinity Day Care Center appears in IRS records (EIN: 222672270). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Trinity Day Care Center file IRS Form 990?
Yes, Trinity Day Care Center has 16 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Trinity Day Care Center's revenue in 2023?
In the 202312 filing period, Trinity Day Care Center reported total revenue of $693,011, total expenses of $722,256, and net assets of $21,549.
Is Trinity Day Care Center's revenue growing or declining?
Trinity Day Care Center's revenue is growing. Revenue went from $623,685 (202212) to $693,011 (202312), a +11.1% change. Based on 16 filings on record.
What is Trinity Day Care Center's most recent 990 filing?
The most recent IRS Form 990 filing for Trinity Day Care Center covers tax period 202312. It shows revenue of $693,011, expenses of $722,256, total assets of $21,549, and liabilities of N/A.
How much does Trinity Day Care Center spend on programs vs administration?
Based on IRS 990 analysis, Trinity Day Care Center allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Trinity Day Care Center a trustworthy charity?
Based on AI analysis of IRS 990 data, Trinity Day Care Center appears trustworthy. Mission Score: 75/100 (Good). 2 red flags identified. 3 strengths noted.
What are the red flags for Trinity Day Care Center?
The following concerns were identified: Expenses frequently exceed revenue, as seen in 2023 ($722,256 expenses vs. $693,011 revenue) and 2020 ($428,440 expenses vs. $412,473 revenue), indicating potential operational deficits.. The net assets have fluctuated significantly, from $92,551 in 2018 down to $21,549 in 2023, suggesting a weakening financial cushion.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Trinity Day Care Center's strengths?
Positive indicators for Trinity Day Care Center include: Consistent revenue growth over the past several years, from $418,046 in 2016 to $693,011 in 2023, demonstrates strong fundraising and program demand.. The organization maintains a positive asset base, albeit fluctuating, indicating some financial stability.. The mission of providing day care services is clearly defined and consistently supported by operational activities.. These findings are derived from AI analysis of the organization's financial filings.
How does Trinity Day Care Center compensate executives?
Without specific compensation figures for key employees, a detailed assessment of executive compensation is not possible from the provided data. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the recurring instances where expenses exceed revenue, what strategies are in place to ensure long-term financial sustainability and prevent further erosion of net assets?
The consistent operational deficits, such as the $29,245 deficit in 2023, suggest a need for either increased revenue generation or cost-cutting measures to stabilize net assets and ensure the organization's future viability.
How does Trinity Day Care Center manage its cash flow given the tight margins and occasional deficits, particularly in years like 2023 where expenses outpaced revenue by over $29,000?
The organization likely relies on prior year surpluses or short-term financing to cover operational gaps, as evidenced by the fluctuating but generally declining net assets. A detailed cash flow statement would provide more insight into their liquidity management.
Filing History
IRS 990 filing history for Trinity Day Care Center showing financial trends over 16 years of public records:
Over 16 years of IRS 990 filings (2008–2023), Trinity Day Care Center's revenue has grown by 224.6%, moving from $214K to $693K. Total assets decreased by 51.8% over the same period, from $45K to $22K. Total functional expenses rose by 232.8%, from $217K to $722K. In its most recent filing year (2023), Trinity Day Care Center reported a deficit of $29K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $693K | $722K | $22K | $0 | — | — |
| 2022 | $624K | $596K | $110K | $0 | — | View 990 |
| 2021 | $534K | $493K | $82K | $0 | — | View 990 |
| 2020 | $412K | $428K | $41K | $0 | — | View 990 |
| 2019 | $442K | $479K | $57K | $0 | — | View 990 |
| 2018 | $490K | $448K | $93K | $0 | — | View 990 |
| 2017 | $435K | $458K | $50K | $0 | — | View 990 |
| 2016 | $418K | $396K | $73K | $0 | — | View 990 |
| 2015 | $300K | $335K | $51K | $0 | — | View 990 |
| 2014 | $303K | $320K | $86K | $0 | — | View 990 |
| 2013 | $332K | $300K | $103K | $0 | — | View 990 |
| 2012 | $297K | $272K | $70K | $0 | — | View 990 |
| 2011 | $267K | $264K | $46K | $0 | — | View 990 |
| 2010 | $250K | $254K | $43K | $0 | — | View 990 |
| 2009 | $240K | $238K | $47K | $0 | — | View 990 |
| 2008 | $214K | $217K | $45K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $693K, expenses of $722K, and assets of $22K (revenue +11.1% year-over-year).
- 2022: Revenue of $624K, expenses of $596K, and assets of $110K (revenue +16.7% year-over-year).
- 2021: Revenue of $534K, expenses of $493K, and assets of $82K (revenue +29.6% year-over-year).
- 2020: Revenue of $412K, expenses of $428K, and assets of $41K (revenue -6.8% year-over-year).
- 2019: Revenue of $442K, expenses of $479K, and assets of $57K (revenue -9.8% year-over-year).
- 2018: Revenue of $490K, expenses of $448K, and assets of $93K (revenue +12.7% year-over-year).
- 2017: Revenue of $435K, expenses of $458K, and assets of $50K (revenue +4.1% year-over-year).
- 2016: Revenue of $418K, expenses of $396K, and assets of $73K (revenue +39.3% year-over-year).
- 2015: Revenue of $300K, expenses of $335K, and assets of $51K (revenue -1.1% year-over-year).
- 2014: Revenue of $303K, expenses of $320K, and assets of $86K (revenue -8.6% year-over-year).
- 2013: Revenue of $332K, expenses of $300K, and assets of $103K (revenue +11.9% year-over-year).
- 2012: Revenue of $297K, expenses of $272K, and assets of $70K (revenue +11.3% year-over-year).
- 2011: Revenue of $267K, expenses of $264K, and assets of $46K (revenue +6.6% year-over-year).
- 2010: Revenue of $250K, expenses of $254K, and assets of $43K (revenue +4.3% year-over-year).
- 2009: Revenue of $240K, expenses of $238K, and assets of $47K (revenue +12.3% year-over-year).
- 2008: Revenue of $214K, expenses of $217K, and assets of $45K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Trinity Day Care Center:
Data Sources and Methodology
This transparency report for Trinity Day Care Center 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.