West Forsyth Christian Preschool
EIN: 223980976 · Lewisville, NC · NTEE: B21
| Metric | Value |
|---|---|
| Total Revenue | $706K |
| Total Expenses | $651K |
| Net Assets | $134K |
Is West Forsyth Christian Preschool Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About West Forsyth Christian Preschool
West Forsyth Christian Preschool (EIN: 223980976) is a nonprofit organization based in Lewisville, NC, classified under NTEE code B21. The organization reported total revenue of $706K and total assets of $49K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of West Forsyth Christian Preschool's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
West Forsyth Christian Preschool is a small nonprofit that has been operating for 17 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 4.5%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $667K |
| Total Expenses | $651K |
| Surplus / Deficit | +$15K |
| Total Assets | $132K |
| Net Assets | $134K |
| Operating Margin | 2.3% |
| Months of Reserves | 2.4 months |
Financial Health Grade: B
In 2024, West Forsyth Christian Preschool reported a surplus of $15K with revenue exceeding expenses, holds 2.4 months of operating reserves (limited).
Financial Trends
Over 13 years of filings (2012–2024), West Forsyth Christian Preschool's revenue has grown at a compound annual growth rate (CAGR) of 4.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +1.4% | -0.7% | +13.4% |
| 2023 | +0.6% | +9.1% | +0.5% |
| 2022 | +23.4% | +18.1% | +83.3% |
| 2021 | +21.3% | +17.8% | +18.8% |
| 2020 | -13.6% | -12.8% | -4.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2009 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for West Forsyth Christian 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 West Forsyth Christian 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $15K, with revenue exceeding expenses.
Frequently Asked Questions about West Forsyth Christian Preschool
Is West Forsyth Christian Preschool a legitimate charity?
Based on AI analysis of IRS 990 filings, West Forsyth Christian Preschool (EIN: 223980976) insufficient data. 0 red flags identified, 0 strengths noted.
How does West Forsyth Christian Preschool spend its money?
Detailed spending breakdown data is not yet available for West Forsyth Christian Preschool. Check back for updated IRS 990 analysis.
Are donations to West Forsyth Christian Preschool tax-deductible?
West Forsyth Christian Preschool is registered as a tax-exempt nonprofit (EIN: 223980976). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is West Forsyth Christian Preschool located?
West Forsyth Christian Preschool is headquartered in Lewisville, North Carolina and files with the IRS under EIN 223980976. It is classified under NTEE code B21.
How many years of IRS 990 filings does West Forsyth Christian Preschool have?
West Forsyth Christian Preschool 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 $706K in total revenue.
Filing History
IRS 990 filing history for West Forsyth Christian Preschool showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), West Forsyth Christian Preschool's revenue has grown by 69.2%, moving from $394K to $667K. Total assets increased by 171.6% over the same period, from $48K to $132K. Total functional expenses rose by 70.3%, from $382K to $651K. In its most recent filing year (2024), West Forsyth Christian Preschool reported a surplus of $15K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $667K | $651K | $132K | $-2,207 | — | — |
| 2023 | $657K | $656K | $116K | $-2,330 | — | View 990 |
| 2022 | $653K | $601K | $115K | $-2,281 | — | View 990 |
| 2021 | $529K | $509K | $63K | $-2,370 | — | — |
| 2020 | $436K | $432K | $53K | $-2,612 | — | View 990 |
| 2019 | $505K | $495K | $55K | $-2,642 | — | View 990 |
| 2018 | $492K | $487K | $41K | $-2,657 | — | View 990 |
| 2017 | $477K | $477K | $37K | $-2,234 | — | View 990 |
| 2016 | $446K | $463K | $38K | $0 | — | View 990 |
| 2015 | $469K | $442K | $53K | $0 | — | View 990 |
| 2014 | $418K | $434K | $25K | $0 | — | View 990 |
| 2013 | $371K | $378K | $42K | $728 | — | View 990 |
| 2012 | $394K | $382K | $48K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $667K, expenses of $651K, and assets of $132K (revenue +1.4% year-over-year).
- 2023: Revenue of $657K, expenses of $656K, and assets of $116K (revenue +0.6% year-over-year).
- 2022: Revenue of $653K, expenses of $601K, and assets of $115K (revenue +23.4% year-over-year).
- 2021: Revenue of $529K, expenses of $509K, and assets of $63K (revenue +21.3% year-over-year).
- 2020: Revenue of $436K, expenses of $432K, and assets of $53K (revenue -13.6% year-over-year).
- 2019: Revenue of $505K, expenses of $495K, and assets of $55K (revenue +2.7% year-over-year).
- 2018: Revenue of $492K, expenses of $487K, and assets of $41K (revenue +3.0% year-over-year).
- 2017: Revenue of $477K, expenses of $477K, and assets of $37K (revenue +7.0% year-over-year).
- 2016: Revenue of $446K, expenses of $463K, and assets of $38K (revenue -4.8% year-over-year).
- 2015: Revenue of $469K, expenses of $442K, and assets of $53K (revenue +12.2% year-over-year).
- 2014: Revenue of $418K, expenses of $434K, and assets of $25K (revenue +12.7% year-over-year).
- 2013: Revenue of $371K, expenses of $378K, and assets of $42K (revenue -5.9% year-over-year).
- 2012: Revenue of $394K, expenses of $382K, and assets of $48K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for West Forsyth Christian Preschool:
Data Sources and Methodology
This transparency report for West Forsyth Christian 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.