Variety Early Learning Center
EIN: 880066977 · Las Vegas, NV · NTEE: P330
| Metric | Value |
|---|---|
| Total Revenue | $228K |
| Total Expenses | $335K |
| Net Assets | $104K |
Is Variety Early Learning Center Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Variety Early Learning Center
Variety Early Learning Center (EIN: 880066977) is a nonprofit organization based in Las Vegas, NV, classified under NTEE code P330. The organization reported total revenue of $228K and total assets of $118K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Variety Early Learning Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Variety Early Learning Center is a small nonprofit that has been operating for 30 years, with 9 years of IRS 990 filings on record (2011–2019). Revenue has grown at a compound annual rate of -17.0%.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
| Total Revenue | $228K |
| Total Expenses | $335K |
| Surplus / Deficit | $-107,760 |
| Total Assets | $118K |
| Total Liabilities | $14K |
| Net Assets | $104K |
| Operating Margin | -47.3% |
| Debt-to-Asset Ratio | 11.8% |
| Months of Reserves | 4.2 months |
Financial Health Grade: B
In 2019, Variety Early Learning Center reported a deficit of $108K with expenses exceeding revenue, holds 4.2 months of operating reserves (adequate), has a debt-to-asset ratio of 11.8% (very low leverage).
Financial Trends
Over 9 years of filings (2011–2019), Variety Early Learning Center's revenue has declined at a compound annual growth rate (CAGR) of -17.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2019 | -73.8% | -65.8% | -55.0% |
| 2018 | -12.9% | +0.2% | -30.5% |
| 2017 | +28.8% | +14.0% | -16.2% |
| 2016 | -19.0% | -15.8% | -31.8% |
| 2015 | +5.4% | -15.3% | +38.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1996 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Variety Early Learning Center 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 Variety Early Learning Center 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 (2019)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $108K, with expenses exceeding revenue.
- Debt-to-asset ratio: 11.8%.
Frequently Asked Questions about Variety Early Learning Center
Is Variety Early Learning Center a legitimate charity?
Variety Early Learning Center (EIN: 880066977) is a registered tax-exempt nonprofit based in Nevada. It has 9 years of IRS 990 filings on record. Total revenue: $228K. No red flags identified. Financial health grade: B.
How does Variety Early Learning Center spend its money?
Variety Early Learning Center reported $228K in total revenue in IRS 990 filings. 9 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Variety Early Learning Center tax-deductible?
Variety Early Learning Center is registered as a tax-exempt nonprofit (EIN: 880066977). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Variety Early Learning Center located?
Variety Early Learning Center is headquartered in Las Vegas, Nevada and files with the IRS under EIN 880066977. It is classified under NTEE code P330.
How many years of IRS 990 filings does Variety Early Learning Center have?
Variety Early Learning Center has 9 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 $228K in total revenue.
Filing History
IRS 990 filing history for Variety Early Learning Center showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2019), Variety Early Learning Center's revenue has declined by 77.5%, moving from $1.0M to $228K. Total assets decreased by 86.2% over the same period, from $859K to $118K. Total functional expenses fell by 63.8%, from $926K to $335K. In its most recent filing year (2019), Variety Early Learning Center reported a deficit of $108K, with expenses exceeding revenue. The organization holds $14K in liabilities against $118K in assets (debt-to-asset ratio: 11.8%), resulting in net assets of $104K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2019 | $228K | $335K | $118K | $14K | — | View 990 |
| 2018 | $868K | $981K | $262K | $50K | — | View 990 |
| 2017 | $997K | $979K | $377K | $68K | — | View 990 |
| 2016 | $774K | $859K | $450K | $35K | — | View 990 |
| 2015 | $956K | $1.0M | $660K | $29K | — | View 990 |
| 2014 | $907K | $1.2M | $477K | $29K | — | View 990 |
| 2013 | $1.1M | $1.2M | $773K | $28K | — | View 990 |
| 2012 | $1.0M | $1.1M | $807K | $46K | — | View 990 |
| 2011 | $1.0M | $926K | $859K | $59K | — | View 990 |
Year-by-Year Financial Summary
- 2019: Revenue of $228K, expenses of $335K, and assets of $118K (revenue -73.8% year-over-year).
- 2018: Revenue of $868K, expenses of $981K, and assets of $262K (revenue -12.9% year-over-year).
- 2017: Revenue of $997K, expenses of $979K, and assets of $377K (revenue +28.8% year-over-year).
- 2016: Revenue of $774K, expenses of $859K, and assets of $450K (revenue -19.0% year-over-year).
- 2015: Revenue of $956K, expenses of $1.0M, and assets of $660K (revenue +5.4% year-over-year).
- 2014: Revenue of $907K, expenses of $1.2M, and assets of $477K (revenue -19.1% year-over-year).
- 2013: Revenue of $1.1M, expenses of $1.2M, and assets of $773K (revenue +7.1% year-over-year).
- 2012: Revenue of $1.0M, expenses of $1.1M, and assets of $807K (revenue +3.4% year-over-year).
- 2011: Revenue of $1.0M, expenses of $926K, and assets of $859K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Variety Early Learning Center:
Data Sources and Methodology
This transparency report for Variety Early 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.