Variety Child Learning Center

Variety Child Learning Center maintains strong assets and consistent revenue, with no reported officer compensation.

EIN: 112157326 · Syosset, NY · NTEE: B28 · Updated: 2026-03-28

$25.2MRevenue
$25.2MGross Revenue
$9.9MAssets
90/100Mission Score (Excellent)
B28

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Variety Child Learning Center Financial Summary
MetricValue
Total Revenue$25.2M
Total Expenses$22.1M
Program Spending85%
CEO/Top Officer Pay$21M
Net Assets$5.5M
Transparency Score90/100

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Variety Child Learning Center Form 990, Revenue, CEO Pay, and IRS Filing Signals

Variety Child Learning Center is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Variety Child Learning Center in one place.

Form 990 Filing Summary

13 filing years are available, with latest revenue of $21.9M and expenses of $22.1M.

Revenue and Expenses

Variety Child Learning Center reported $21.9M in revenue and $22.1M in expenses, a deficit of $257K.

Executive Compensation

Top officer compensation appears as $21M in the stored analysis, with context against revenue and expenses below.

Charity Score and Red Flags

90/100 mission score, 1 red flag, and 4 strengths are shown from structured and AI review.

Is Variety Child Learning Center 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 →

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

PendingDonor/Grant Funding
85%Program Expense
$0Grants Paid
13Stored Filing Years

Revenue Source Mix

Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.

Expense Deployment

Variety Child Learning Center Expense Deployment
Program services$18.8M (85%)

Across stored filings, Variety Child Learning Center shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

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Variety Child Learning Center Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacySome ConcernsGood filing record; 1 red flag identified
Mission spend85% to programsExcellent
Financial durabilityGrade B13 stored filing years
Peer contextCompare with Healthy Capital District InitiativeNew York and Education context

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Variety Child Learning Center directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Variety Child Learning Center

Variety Child Learning Center (EIN: 112157326) is a nonprofit organization based in Syosset, NY, classified under NTEE code B28. The organization reported total revenue of $25.2M and total assets of $9.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Variety Child Learning Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

58Years Operating
LargeSize Classification
13Years of Filings
MixedRevenue Trajectory

Variety Child Learning Center is a large nonprofit that has been operating for 58 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.9%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$21.9M
Total Expenses$22.1M
Surplus / Deficit$-256,800
Total Assets$8.3M
Total Liabilities$2.8M
Net Assets$5.5M
Operating Margin-1.2%
Debt-to-Asset Ratio34.1%
Months of Reserves4.5 months

Financial Health Grade: B

In 2023, Variety Child Learning Center reported a deficit of $257K with expenses exceeding revenue, holds 4.5 months of operating reserves (adequate), has a debt-to-asset ratio of 34.1% (moderate leverage).

Financial Trends

Over 13 years of filings (2011–2023), Variety Child Learning Center's revenue has grown at a compound annual growth rate (CAGR) of 2.9%.

YearRevenue ChangeExpense ChangeAsset Change
2023+0.1%+12.0%-0.6%
2022+21.3%-2.3%-13.5%
2021-7.2%+1.9%-18.3%
2020+1.1%+3.3%+30.9%
2019-1.2%-0.5%+0.7%

IRS Tax-Exempt Classification

IRS Classification Codes2000
IRS Ruling Date1968

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

AI Transparency Report

Variety Child Learning Center demonstrates a consistent operational history with revenues generally exceeding or closely matching expenses over the past decade. In the latest filing (202306), the organization reported revenues of $21,879,184 against expenses of $22,135,984, indicating a slight operational deficit for that period. However, the prior year (202206) showed a healthy surplus of over $2 million ($21,867,725 revenue vs. $19,767,445 expenses), suggesting financial stability over time. The organization's assets have fluctuated but remained robust, with $8,306,253 in assets and $2,829,434 in liabilities in the most recent filing, indicating a strong financial position with a healthy asset-to-liability ratio. The organization's transparency is commendable, particularly regarding executive compensation. The consistent reporting of 0% for Officer Compensation across all available filings is a significant positive indicator, suggesting that the organization's leadership may be volunteer-based or compensated through other means not categorized as 'officer compensation' on the 990, which warrants further investigation but initially appears to prioritize mission over high executive salaries. This practice, if it means no compensation for top officers, would contribute positively to public trust and efficient use of funds. While specific program, administrative, and fundraising expense breakdowns are not provided in the raw data, the overall financial trends suggest a well-managed organization. The consistent revenue growth from $14.4 million in 2014 to over $21.8 million in 2023 indicates strong support and demand for its services. The organization's ability to maintain substantial assets relative to its liabilities further reinforces its financial health and capacity to sustain its operations.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Variety Child Learning Center with a Mission Score of 90 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: 10%
  • programs: 85%
  • fundraising: 5%

According to IRS 990 filings, Variety Child Learning 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:

$21.9MTotal Revenue
$22.1MTotal Expenses
$8.3MTotal Assets
$2.8MTotal Liabilities
$5.5MNet Assets
  • The organization reported a deficit of $257K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 34.1%.

Executive Compensation Analysis

The organization consistently reports 0% for Officer Compensation across all available filings, which is highly unusual for an organization of this size ($21M+ revenue) and suggests either volunteer leadership or compensation structured in a way not captured under this specific 990 line item, warranting further inquiry but initially indicating a strong commitment to minimizing top-level salary expenses.

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 Variety Child Learning Center's IRS 990 filings:

  • Consistent 0% officer compensation reported, which is unusual for an organization of this size and warrants further investigation into how leadership is compensated.

Strengths

The following positive indicators were identified for Variety Child Learning Center:

  • Strong asset base relative to liabilities ($8.3M assets vs. $2.8M liabilities in 202306).
  • Consistent revenue growth over the past decade, from $14.4M in 2014 to $21.8M in 2023.
  • No reported officer compensation, suggesting a strong commitment to minimizing top-level administrative costs or a volunteer leadership model.
  • Generally stable financial operations with revenues often exceeding or closely matching expenses.

Frequently Asked Questions about Variety Child Learning Center

Is Variety Child Learning Center a legitimate charity?

Variety Child Learning Center (EIN: 112157326) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $25.2M. 1 red flag identified. 4 strengths noted. Financial health grade: B.

How does Variety Child Learning Center spend its money?

Variety Child Learning Center directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Variety Child Learning Center tax-deductible?

Variety Child Learning Center is registered as a tax-exempt nonprofit (EIN: 112157326). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Variety Child Learning Center CEO make?

Variety Child Learning Center's highest-compensated officer earns $21M annually. The organization reported $25.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of Variety Child Learning Center's spending goes to programs?

Variety Child Learning Center directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Variety Child Learning Center compare to similar nonprofits?

With a transparency score of 90/100 (Excellent), Variety Child Learning Center is above average for NTEE category B28 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Variety Child Learning Center located?

Variety Child Learning Center is headquartered in Syosset, New York and files with the IRS under EIN 112157326. It is classified under NTEE code B28.

How many years of IRS 990 filings does Variety Child Learning Center have?

Variety Child Learning Center 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 $25.2M in total revenue.

Is Variety Child Learning Center financially stable?

Yes, the organization appears financially stable. While the 202306 period showed a slight deficit, the prior year (202206) had a significant surplus of over $2 million, and assets consistently outweigh liabilities, with $8,306,253 in assets against $2,829,434 in liabilities in the latest filing.

How does Variety Child Learning Center manage executive compensation?

The IRS 990 filings consistently report 0% for Officer Compensation, which is highly unusual for an organization of this scale. This suggests either a volunteer leadership model or that executive compensation is categorized differently, which would require deeper investigation into their financial statements.

Has Variety Child Learning Center's revenue grown over time?

Yes, Variety Child Learning Center has shown significant revenue growth, increasing from $14,402,654 in 2014 to $21,879,184 in 2023, indicating expanding operations and support.

Filing History

IRS 990 filing history for Variety Child Learning Center showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Variety Child Learning Center's revenue has grown by 41.1%, moving from $15.5M to $21.9M. Total assets decreased by 13.9% over the same period, from $9.7M to $8.3M. Total functional expenses rose by 43.9%, from $15.4M to $22.1M. In its most recent filing year (2023), Variety Child Learning Center reported a deficit of $257K, with expenses exceeding revenue. The organization holds $2.8M in liabilities against $8.3M in assets (debt-to-asset ratio: 34.1%), resulting in net assets of $5.5M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $21.9M $22.1M $8.3M $2.8M
2022 $21.9M $19.8M $8.4M $2.7M View 990
2021 $18.0M $20.2M $9.7M $5.9M View 990
2020 $19.4M $19.9M $11.8M $6.5M View 990
2019 $19.2M $19.2M $9.0M $3.0M View 990
2018 $19.4M $19.3M $9.0M $3.1M View 990
2017 $18.2M $18.3M $8.0M $2.4M View 990
2016 $17.5M $18.0M $8.8M $3.3M View 990
2015 $15.5M $15.7M $8.5M $2.2M View 990
2014 $14.4M $14.5M $8.7M $2.2M View 990
2013 $14.2M $14.4M $8.5M $2.1M View 990
2012 $15.3M $15.2M $8.6M $2.2M View 990
2011 $15.5M $15.4M $9.7M $2.9M View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $21.9M, expenses of $22.1M, and assets of $8.3M (revenue +0.1% year-over-year).
  • 2022: Revenue of $21.9M, expenses of $19.8M, and assets of $8.4M (revenue +21.3% year-over-year).
  • 2021: Revenue of $18.0M, expenses of $20.2M, and assets of $9.7M (revenue -7.2% year-over-year).
  • 2020: Revenue of $19.4M, expenses of $19.9M, and assets of $11.8M (revenue +1.1% year-over-year).
  • 2019: Revenue of $19.2M, expenses of $19.2M, and assets of $9.0M (revenue -1.2% year-over-year).
  • 2018: Revenue of $19.4M, expenses of $19.3M, and assets of $9.0M (revenue +6.9% year-over-year).
  • 2017: Revenue of $18.2M, expenses of $18.3M, and assets of $8.0M (revenue +3.9% year-over-year).
  • 2016: Revenue of $17.5M, expenses of $18.0M, and assets of $8.8M (revenue +12.8% year-over-year).
  • 2015: Revenue of $15.5M, expenses of $15.7M, and assets of $8.5M (revenue +7.8% year-over-year).
  • 2014: Revenue of $14.4M, expenses of $14.5M, and assets of $8.7M (revenue +1.6% year-over-year).
  • 2013: Revenue of $14.2M, expenses of $14.4M, and assets of $8.5M (revenue -7.5% year-over-year).
  • 2012: Revenue of $15.3M, expenses of $15.2M, and assets of $8.6M (revenue -1.2% year-over-year).
  • 2011: Revenue of $15.5M, expenses of $15.4M, and assets of $9.7M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Variety Child Learning Center:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Variety Child Learning 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.

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