Watch Them Grow Childcare Center
Watch Them Grow Childcare Center shows stable finances with growing assets and no reported officer compensation.
EIN: 203143655 · Bradford, VT · NTEE: P33 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $489K |
| Total Expenses | $475K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $400k |
| Net Assets | $170K |
| Transparency Score | 85/100 |
Is Watch Them Grow Childcare Center Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Watch Them Grow Childcare Center directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Watch Them Grow Childcare Center
Watch Them Grow Childcare Center (EIN: 203143655) is a nonprofit organization based in Bradford, VT, classified under NTEE code P33. The organization reported total revenue of $489K and total assets of $148K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Watch Them Grow Childcare Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Watch Them Grow Childcare Center is a small nonprofit that has been operating for 20 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 11.3%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $489K |
| Total Expenses | $475K |
| Surplus / Deficit | +$13K |
| Total Assets | $148K |
| Net Assets | $170K |
| Operating Margin | 2.7% |
| Months of Reserves | 3.7 months |
Financial Health Grade: A
In 2022, Watch Them Grow Childcare Center reported a surplus of $13K with revenue exceeding expenses, holds 3.7 months of operating reserves (adequate).
Financial Trends
Over 12 years of filings (2011–2022), Watch Them Grow Childcare Center's revenue has grown at a compound annual growth rate (CAGR) of 11.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +12.3% | +25.1% | +4.9% |
| 2021 | -11.7% | +1.3% | +18.2% |
| 2020 | +5.7% | -19.5% | +583.1% |
| 2019 | +10.2% | +6.2% | -37.7% |
| 2018 | +48.8% | +40.6% | -49.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Watch Them Grow Childcare Center with a Mission Score of 85 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, Watch Them Grow Childcare 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $13K, with revenue exceeding expenses.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting that executive leadership may be volunteer-based or compensated through non-officer categories, which is highly efficient for an organization of its size with revenues around $400k-$500k annually.
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 Watch Them Grow Childcare Center's IRS 990 filings:
- Unusual negative liabilities reported in 2021 and 2022 filings, which may indicate a reporting error or require further explanation.
Strengths
The following positive indicators were identified for Watch Them Grow Childcare Center:
- Consistent financial stability with revenues generally exceeding or closely matching expenses over the past decade.
- Significant growth in assets from $11,708 in 2015 to $148,192 in 2022, indicating strengthening financial health.
- No reported officer compensation, suggesting highly efficient use of funds for leadership or a volunteer-driven executive team.
- Consistent filing of IRS Form 990s over 12 periods, demonstrating regulatory compliance and transparency.
- Positive net assets (Assets - Liabilities) in most years, indicating financial solvency.
Frequently Asked Questions about Watch Them Grow Childcare Center
Is Watch Them Grow Childcare Center a legitimate charity?
Based on AI analysis of IRS 990 filings, Watch Them Grow Childcare Center (EIN: 203143655) some concerns. Mission Score: 85/100. 1 red flag identified, 5 strengths noted.
How does Watch Them Grow Childcare Center spend its money?
Watch Them Grow Childcare Center directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Watch Them Grow Childcare Center tax-deductible?
Watch Them Grow Childcare Center is registered as a tax-exempt nonprofit (EIN: 203143655). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Watch Them Grow Childcare Center CEO make?
Watch Them Grow Childcare Center's highest-compensated officer earns $400k annually. The organization reported $489K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Watch Them Grow Childcare Center's spending goes to programs?
Watch Them Grow Childcare Center directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Watch Them Grow Childcare Center compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Watch Them Grow Childcare Center is above average for NTEE category P33 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Watch Them Grow Childcare Center located?
Watch Them Grow Childcare Center is headquartered in Bradford, Vermont and files with the IRS under EIN 203143655. It is classified under NTEE code P33.
How many years of IRS 990 filings does Watch Them Grow Childcare Center have?
Watch Them Grow Childcare Center has 12 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 $489K in total revenue.
What accounts for the negative liabilities reported in 2021 and 2022?
The IRS 990 filings for 2021 and 2022 show liabilities of $-16,832 and $-22,264, respectively. This is an unusual reporting and typically indicates a data entry error or a specific accounting treatment that requires clarification to understand the organization's true financial position.
How does Watch Them Grow Childcare Center compensate its leadership if officer compensation is 0%?
With 0% officer compensation reported across all filings, it suggests that the organization's leadership may be volunteer-based, or their compensation is categorized under other expense lines (e.g., program staff salaries) rather than specifically as officer compensation. This practice can contribute to lower administrative overhead.
What is the detailed breakdown of program, administrative, and fundraising expenses?
The provided data does not offer a detailed breakdown of expenses into program, administrative, and fundraising categories. Without this information, it's difficult to precisely assess the organization's spending efficiency in each area, though overall expenses are closely aligned with revenues.
Filing History
IRS 990 filing history for Watch Them Grow Childcare Center showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Watch Them Grow Childcare Center's revenue has grown by 224.7%, moving from $151K to $489K. Total assets increased by 231.5% over the same period, from $45K to $148K. Total functional expenses rose by 202%, from $157K to $475K. In its most recent filing year (2022), Watch Them Grow Childcare Center reported a surplus of $13K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $489K | $475K | $148K | $-22,264 | — | View 990 |
| 2021 | $435K | $380K | $141K | $-16,832 | — | View 990 |
| 2020 | $493K | $375K | $120K | $17K | — | View 990 |
| 2019 | $467K | $466K | $17K | $33K | — | View 990 |
| 2018 | $424K | $439K | $28K | $23K | — | View 990 |
| 2017 | $285K | $312K | $56K | $30K | — | View 990 |
| 2016 | $315K | $273K | $53K | $0 | — | View 990 |
| 2015 | $276K | $284K | $12K | $9K | — | View 990 |
| 2014 | $315K | $310K | $92K | $22K | — | View 990 |
| 2013 | $271K | $260K | $67K | $2K | — | View 990 |
| 2012 | $193K | $183K | $54K | $424 | — | View 990 |
| 2011 | $151K | $157K | $45K | $211 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $489K, expenses of $475K, and assets of $148K (revenue +12.3% year-over-year).
- 2021: Revenue of $435K, expenses of $380K, and assets of $141K (revenue -11.7% year-over-year).
- 2020: Revenue of $493K, expenses of $375K, and assets of $120K (revenue +5.7% year-over-year).
- 2019: Revenue of $467K, expenses of $466K, and assets of $17K (revenue +10.2% year-over-year).
- 2018: Revenue of $424K, expenses of $439K, and assets of $28K (revenue +48.8% year-over-year).
- 2017: Revenue of $285K, expenses of $312K, and assets of $56K (revenue -9.6% year-over-year).
- 2016: Revenue of $315K, expenses of $273K, and assets of $53K (revenue +13.9% year-over-year).
- 2015: Revenue of $276K, expenses of $284K, and assets of $12K (revenue -12.2% year-over-year).
- 2014: Revenue of $315K, expenses of $310K, and assets of $92K (revenue +16.3% year-over-year).
- 2013: Revenue of $271K, expenses of $260K, and assets of $67K (revenue +40.6% year-over-year).
- 2012: Revenue of $193K, expenses of $183K, and assets of $54K (revenue +28.0% year-over-year).
- 2011: Revenue of $151K, expenses of $157K, and assets of $45K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Watch Them Grow Childcare Center:
Data Sources and Methodology
This transparency report for Watch Them Grow Childcare 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.