Wesley Child Care Center
EIN: 310597419 · Cincinnati, OH · NTEE: B21
| Metric | Value |
|---|---|
| Total Revenue | $581K |
| Total Expenses | $479K |
| Net Assets | $2.0M |
Is Wesley Child Care Center Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Wesley Child Care Center
Wesley Child Care Center (EIN: 310597419) is a nonprofit organization based in Cincinnati, OH, classified under NTEE code B21. The organization reported total revenue of $581K and total assets of $1.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wesley Child Care Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Wesley Child Care Center is a small nonprofit that has been operating for 11 years, with 7 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $604K |
| Total Expenses | $479K |
| Surplus / Deficit | +$125K |
| Total Assets | $2.1M |
| Total Liabilities | $54K |
| Net Assets | $2.0M |
| Operating Margin | 20.7% |
| Debt-to-Asset Ratio | 2.6% |
| Months of Reserves | 51.8 months |
Financial Health Grade: A
In 2023, Wesley Child Care Center reported a surplus of $125K with revenue exceeding expenses, holds 51.8 months of operating reserves (strong position), has a debt-to-asset ratio of 2.6% (very low leverage).
Financial Trends
Over 7 years of filings (2011–2023), Wesley Child Care Center's revenue has declined at a compound annual growth rate (CAGR) of -1.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -34.2% | +16.3% | +8.1% |
| 2022 | +124.0% | +47.7% | +40.3% |
| 2021 | -16.1% | -41.0% | +137.3% |
| 2019 | -9.9% | +6.6% | +5.7% |
| 2018 | +21.8% | +1.6% | +24.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Wesley Child Care 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 Wesley Child Care 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $125K, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.6%.
Frequently Asked Questions about Wesley Child Care Center
Is Wesley Child Care Center a legitimate charity?
Based on AI analysis of IRS 990 filings, Wesley Child Care Center (EIN: 310597419) insufficient data. 0 red flags identified, 0 strengths noted.
How does Wesley Child Care Center spend its money?
Detailed spending breakdown data is not yet available for Wesley Child Care Center. Check back for updated IRS 990 analysis.
Are donations to Wesley Child Care Center tax-deductible?
Wesley Child Care Center is registered as a tax-exempt nonprofit (EIN: 310597419). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Wesley Child Care Center located?
Wesley Child Care Center is headquartered in Cincinnati, Ohio and files with the IRS under EIN 310597419. It is classified under NTEE code B21.
How many years of IRS 990 filings does Wesley Child Care Center have?
Wesley Child Care Center has 7 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 $581K in total revenue.
Filing History
IRS 990 filing history for Wesley Child Care Center showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2011–2023), Wesley Child Care Center's revenue has declined by 20.6%, moving from $761K to $604K. Total assets increased by 294.9% over the same period, from $524K to $2.1M. Total functional expenses fell by 28%, from $666K to $479K. In its most recent filing year (2023), Wesley Child Care Center reported a surplus of $125K, with revenue exceeding expenses. The organization holds $54K in liabilities against $2.1M in assets (debt-to-asset ratio: 2.6%), resulting in net assets of $2.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $604K | $479K | $2.1M | $54K | — | View 990 |
| 2022 | $918K | $412K | $1.9M | $24K | — | — |
| 2021 | $410K | $279K | $1.4M | $14K | — | View 990 |
| 2019 | $489K | $473K | $575K | $11K | — | View 990 |
| 2018 | $543K | $443K | $544K | $11K | — | View 990 |
| 2017 | $445K | $436K | $436K | $3K | — | View 990 |
| 2011 | $761K | $666K | $524K | $83K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $604K, expenses of $479K, and assets of $2.1M (revenue -34.2% year-over-year).
- 2022: Revenue of $918K, expenses of $412K, and assets of $1.9M (revenue +124.0% year-over-year).
- 2021: Revenue of $410K, expenses of $279K, and assets of $1.4M (revenue -16.1% year-over-year).
- 2019: Revenue of $489K, expenses of $473K, and assets of $575K (revenue -9.9% year-over-year).
- 2018: Revenue of $543K, expenses of $443K, and assets of $544K (revenue +21.8% year-over-year).
- 2017: Revenue of $445K, expenses of $436K, and assets of $436K (revenue -41.5% year-over-year).
- 2011: Revenue of $761K, expenses of $666K, and assets of $524K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Wesley Child Care Center:
Data Sources and Methodology
This transparency report for Wesley Child Care 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.