Welbourne Ave Nursery & Kindergarten Inc
EIN: 590704742 · Winter Park, FL
| Metric | Value |
|---|---|
| Total Revenue | $974K |
| Total Expenses | $1.1M |
| Net Assets | $703K |
Is Welbourne Ave Nursery & Kindergarten Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Welbourne Ave Nursery & Kindergarten Inc
Welbourne Ave Nursery & Kindergarten Inc (EIN: 590704742) is a nonprofit organization based in Winter Park, FL. The organization reported total revenue of $974K and total assets of $648K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Welbourne Ave Nursery & Kindergarten Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Welbourne Ave Nursery & Kindergarten Inc is a small nonprofit that has been operating for 50 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 11.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.0M |
| Total Expenses | $1.1M |
| Surplus / Deficit | $-67,180 |
| Total Assets | $777K |
| Total Liabilities | $75K |
| Net Assets | $703K |
| Operating Margin | -6.6% |
| Debt-to-Asset Ratio | 9.6% |
| Months of Reserves | 8.6 months |
Financial Health Grade: B
In 2023, Welbourne Ave Nursery & Kindergarten Inc reported a deficit of $67K with expenses exceeding revenue, holds 8.6 months of operating reserves (strong position), has a debt-to-asset ratio of 9.6% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Welbourne Ave Nursery & Kindergarten Inc's revenue has grown at a compound annual growth rate (CAGR) of 11.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -6.7% | +5.9% | -7.0% |
| 2022 | +20.6% | +30.9% | +8.6% |
| 2021 | +31.7% | +27.5% | +22.9% |
| 2020 | +1.5% | +6.8% | +21.2% |
| 2019 | +10.6% | +35.9% | +21.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1976 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Welbourne Ave Nursery & Kindergarten 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 Welbourne Ave Nursery & Kindergarten 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $67K, with expenses exceeding revenue.
- Debt-to-asset ratio: 9.6%.
Frequently Asked Questions about Welbourne Ave Nursery & Kindergarten Inc
Is Welbourne Ave Nursery & Kindergarten Inc a legitimate charity?
Welbourne Ave Nursery & Kindergarten Inc (EIN: 590704742) is a registered tax-exempt nonprofit based in Florida. It has 13 years of IRS 990 filings on record. Total revenue: $974K. No red flags identified. Financial health grade: B.
How does Welbourne Ave Nursery & Kindergarten Inc spend its money?
Welbourne Ave Nursery & Kindergarten Inc reported $974K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Welbourne Ave Nursery & Kindergarten Inc tax-deductible?
Welbourne Ave Nursery & Kindergarten Inc is registered as a tax-exempt nonprofit (EIN: 590704742). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Welbourne Ave Nursery & Kindergarten Inc located?
Welbourne Ave Nursery & Kindergarten Inc is headquartered in Winter Park, Florida and files with the IRS under EIN 590704742.
How many years of IRS 990 filings does Welbourne Ave Nursery & Kindergarten Inc have?
Welbourne Ave Nursery & Kindergarten Inc has 13 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 $974K in total revenue.
Filing History
IRS 990 filing history for Welbourne Ave Nursery & Kindergarten Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Welbourne Ave Nursery & Kindergarten Inc's revenue has grown by 270%, moving from $276K to $1.0M. Total assets increased by 743.9% over the same period, from $92K to $777K. Total functional expenses rose by 245.7%, from $315K to $1.1M. In its most recent filing year (2023), Welbourne Ave Nursery & Kindergarten Inc reported a deficit of $67K, with expenses exceeding revenue. The organization holds $75K in liabilities against $777K in assets (debt-to-asset ratio: 9.6%), resulting in net assets of $703K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.0M | $1.1M | $777K | $75K | — | — |
| 2022 | $1.1M | $1.0M | $836K | $66K | — | — |
| 2021 | $908K | $785K | $770K | $66K | — | View 990 |
| 2020 | $690K | $616K | $626K | $46K | — | — |
| 2019 | $680K | $577K | $517K | $10K | — | View 990 |
| 2018 | $614K | $425K | $426K | $23K | — | View 990 |
| 2017 | $439K | $362K | $216K | $12K | — | View 990 |
| 2016 | $422K | $380K | $156K | $29K | — | View 990 |
| 2015 | $368K | $355K | $89K | $4K | — | View 990 |
| 2014 | $298K | $293K | $83K | $11K | — | View 990 |
| 2013 | $242K | $241K | $76K | $9K | — | View 990 |
| 2012 | $243K | $259K | $75K | $9K | — | View 990 |
| 2011 | $276K | $315K | $92K | $9K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.0M, expenses of $1.1M, and assets of $777K (revenue -6.7% year-over-year).
- 2022: Revenue of $1.1M, expenses of $1.0M, and assets of $836K (revenue +20.6% year-over-year).
- 2021: Revenue of $908K, expenses of $785K, and assets of $770K (revenue +31.7% year-over-year).
- 2020: Revenue of $690K, expenses of $616K, and assets of $626K (revenue +1.5% year-over-year).
- 2019: Revenue of $680K, expenses of $577K, and assets of $517K (revenue +10.6% year-over-year).
- 2018: Revenue of $614K, expenses of $425K, and assets of $426K (revenue +40.0% year-over-year).
- 2017: Revenue of $439K, expenses of $362K, and assets of $216K (revenue +4.0% year-over-year).
- 2016: Revenue of $422K, expenses of $380K, and assets of $156K (revenue +14.7% year-over-year).
- 2015: Revenue of $368K, expenses of $355K, and assets of $89K (revenue +23.7% year-over-year).
- 2014: Revenue of $298K, expenses of $293K, and assets of $83K (revenue +22.9% year-over-year).
- 2013: Revenue of $242K, expenses of $241K, and assets of $76K (revenue -0.2% year-over-year).
- 2012: Revenue of $243K, expenses of $259K, and assets of $75K (revenue -12.2% year-over-year).
- 2011: Revenue of $276K, expenses of $315K, and assets of $92K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Welbourne Ave Nursery & Kindergarten Inc:
Data Sources and Methodology
This transparency report for Welbourne Ave Nursery & Kindergarten 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.