Wagstaff Daycare Inc
EIN: 510338515 · Wilmington, DE
| Metric | Value |
|---|---|
| Total Revenue | $85K |
| Total Expenses | $132K |
Is Wagstaff Daycare Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Wagstaff Daycare Inc
Wagstaff Daycare Inc (EIN: 510338515) is a nonprofit organization based in Wilmington, DE. The organization reported total revenue of $85K and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wagstaff Daycare Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Wagstaff Daycare Inc is a micro nonprofit that has been operating for 35 years, with 8 years of IRS 990 filings on record (2011–2018). Revenue has grown at a compound annual rate of -9.9%.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
| Total Revenue | $85K |
| Total Expenses | $132K |
| Surplus / Deficit | $-47,087 |
| Total Assets | $0 |
| Net Assets | $0 |
| Operating Margin | -55.7% |
| Months of Reserves | 0.0 months |
Financial Health Grade: C
In 2018, Wagstaff Daycare Inc reported a deficit of $47K with expenses exceeding revenue, holds 0.0 months of operating reserves (limited).
Financial Trends
Over 8 years of filings (2011–2018), Wagstaff Daycare Inc's revenue has declined at a compound annual growth rate (CAGR) of -9.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2018 | -39.0% | -26.2% | -100.0% |
| 2017 | -10.3% | -4.6% | +108.5% |
| 2016 | -21.4% | -7.3% | -49.2% |
| 2015 | -9.5% | -6.6% | -8.5% |
| 2014 | -9.7% | +8.8% | +2.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1991 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Wagstaff Daycare Inc 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 Wagstaff Daycare Inc 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 (2018)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $47K, with expenses exceeding revenue.
Frequently Asked Questions about Wagstaff Daycare Inc
Is Wagstaff Daycare Inc a legitimate charity?
Wagstaff Daycare Inc (EIN: 510338515) is a registered tax-exempt nonprofit based in Delaware. It has 8 years of IRS 990 filings on record. Total revenue: $85K. No red flags identified. Financial health grade: C.
How does Wagstaff Daycare Inc spend its money?
Wagstaff Daycare Inc reported $85K in total revenue in IRS 990 filings. 8 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Wagstaff Daycare Inc tax-deductible?
Wagstaff Daycare Inc is registered as a tax-exempt nonprofit (EIN: 510338515). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Wagstaff Daycare Inc located?
Wagstaff Daycare Inc is headquartered in Wilmington, Delaware and files with the IRS under EIN 510338515.
How many years of IRS 990 filings does Wagstaff Daycare Inc have?
Wagstaff Daycare Inc has 8 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 $85K in total revenue.
Filing History
IRS 990 filing history for Wagstaff Daycare Inc showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2011–2018), Wagstaff Daycare Inc's revenue has declined by 51.7%, moving from $175K to $85K. Total functional expenses fell by 23.5%, from $172K to $132K. In its most recent filing year (2018), Wagstaff Daycare Inc reported a deficit of $47K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2018 | $85K | $132K | $0 | $0 | — | View 990 |
| 2017 | $139K | $178K | $63K | $79K | — | View 990 |
| 2016 | $155K | $187K | $30K | $6K | — | View 990 |
| 2015 | $197K | $202K | $60K | $3K | — | View 990 |
| 2014 | $217K | $216K | $65K | $3K | — | View 990 |
| 2013 | $240K | $199K | $64K | $3K | — | View 990 |
| 2012 | $199K | $176K | $24K | $5K | — | View 990 |
| 2011 | $175K | $172K | $-348 | $4K | — | View 990 |
Year-by-Year Financial Summary
- 2018: Revenue of $85K, expenses of $132K, and assets of $0 (revenue -39.0% year-over-year).
- 2017: Revenue of $139K, expenses of $178K, and assets of $63K (revenue -10.3% year-over-year).
- 2016: Revenue of $155K, expenses of $187K, and assets of $30K (revenue -21.4% year-over-year).
- 2015: Revenue of $197K, expenses of $202K, and assets of $60K (revenue -9.5% year-over-year).
- 2014: Revenue of $217K, expenses of $216K, and assets of $65K (revenue -9.7% year-over-year).
- 2013: Revenue of $240K, expenses of $199K, and assets of $64K (revenue +20.7% year-over-year).
- 2012: Revenue of $199K, expenses of $176K, and assets of $24K (revenue +14.0% year-over-year).
- 2011: Revenue of $175K, expenses of $172K, and assets of $-348.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Wagstaff Daycare Inc:
Data Sources and Methodology
This transparency report for Wagstaff Daycare Inc 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.