Village Preschool
EIN: 822405897 · Milford, ME · NTEE: B21
| Metric | Value |
|---|---|
| Total Revenue | $143K |
| Total Expenses | $155K |
| Net Assets | $-35,654 |
Is Village Preschool Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Village Preschool
Village Preschool (EIN: 822405897) is a nonprofit organization based in Milford, ME, classified under NTEE code B21. The organization reported total revenue of $143K and total assets of $2K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Village Preschool's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Village Preschool is a small nonprofit that has been operating for 7 years, with 2 years of IRS 990 filings on record (2019–2020). Revenue has grown at a compound annual rate of 8.7%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $143K |
| Total Expenses | $155K |
| Surplus / Deficit | $-11,206 |
| Total Assets | $2K |
| Total Liabilities | $37K |
| Net Assets | $-35,654 |
| Operating Margin | -7.8% |
| Debt-to-Asset Ratio | 2387.0% |
| Months of Reserves | 0.1 months |
Financial Health Grade: D
In 2020, Village Preschool reported a deficit of $11K with expenses exceeding revenue, holds 0.1 months of operating reserves (limited), has a debt-to-asset ratio of 2387.0% (high leverage).
Financial Trends
Over 2 years of filings (2019–2020), Village Preschool's revenue has grown at a compound annual growth rate (CAGR) of 8.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | +8.7% | +4.5% | -48.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Village Preschool 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 Village Preschool 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 (2020)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $11K, with expenses exceeding revenue.
- Debt-to-asset ratio: 2387.0%.
Frequently Asked Questions about Village Preschool
Is Village Preschool a legitimate charity?
Based on AI analysis of IRS 990 filings, Village Preschool (EIN: 822405897) insufficient data. 0 red flags identified, 0 strengths noted.
How does Village Preschool spend its money?
Detailed spending breakdown data is not yet available for Village Preschool. Check back for updated IRS 990 analysis.
Are donations to Village Preschool tax-deductible?
Village Preschool is registered as a tax-exempt nonprofit (EIN: 822405897). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Village Preschool located?
Village Preschool is headquartered in Milford, Maine and files with the IRS under EIN 822405897. It is classified under NTEE code B21.
How many years of IRS 990 filings does Village Preschool have?
Village Preschool has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $143K in total revenue.
Filing History
IRS 990 filing history for Village Preschool showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2019–2020), Village Preschool's revenue has grown by 8.7%, moving from $132K to $143K. Total assets decreased by 48.8% over the same period, from $3K to $2K. Total functional expenses rose by 4.5%, from $148K to $155K. In its most recent filing year (2020), Village Preschool reported a deficit of $11K, with expenses exceeding revenue. The organization holds $37K in liabilities against $2K in assets (debt-to-asset ratio: 2387.0%), resulting in net assets of $-35,654.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $143K | $155K | $2K | $37K | — | View 990 |
| 2019 | $132K | $148K | $3K | $27K | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Village Preschool:
Data Sources and Methodology
This transparency report for Village Preschool 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.