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

$9.9MAssets

90/100Mission Score (Excellent)

B28

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.

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.

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 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.

Year	Revenue	Expenses	Assets	Liabilities	Officer 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.

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.