Willing Hearts Day Care
EIN: 853969187 · Fredericksbrg, OH · NTEE: P82
Is Willing Hearts Day Care Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Willing Hearts Day Care
Willing Hearts Day Care (EIN: 853969187) is a nonprofit organization based in Fredericksbrg, OH, classified under NTEE code P82. The organization reported total revenue of $669K and total assets of $246K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Willing Hearts Day Care's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Willing Hearts Day Care is a small nonprofit that has been operating for 5 years, with 3 years of IRS 990 filings on record (2021–2023). Revenue has grown at a compound annual rate of 76.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $690K |
| Total Expenses | $660K |
| Surplus / Deficit | +$30K |
| Total Assets | $246K |
| Net Assets | $246K |
| Operating Margin | 4.4% |
| Months of Reserves | 4.5 months |
Financial Health Grade: A
In 2023, Willing Hearts Day Care reported a surplus of $30K with revenue exceeding expenses, holds 4.5 months of operating reserves (adequate).
Financial Trends
Over 3 years of filings (2021–2023), Willing Hearts Day Care's revenue has grown at a compound annual growth rate (CAGR) of 76.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -1.3% | +22.2% | +14.0% |
| 2022 | +214.1% | +225.2% | +281.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1700 |
| IRS Ruling Date | 2021 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Willing Hearts Day Care 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 Willing Hearts Day Care 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 $30K, with revenue exceeding expenses.
Frequently Asked Questions about Willing Hearts Day Care
Is Willing Hearts Day Care a legitimate charity?
Based on AI analysis of IRS 990 filings, Willing Hearts Day Care (EIN: 853969187) insufficient data. 0 red flags identified, 0 strengths noted.
How does Willing Hearts Day Care spend its money?
Detailed spending breakdown data is not yet available for Willing Hearts Day Care. Check back for updated IRS 990 analysis.
Are donations to Willing Hearts Day Care tax-deductible?
Willing Hearts Day Care is registered as a tax-exempt nonprofit (EIN: 853969187). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Willing Hearts Day Care showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2021–2023), Willing Hearts Day Care's revenue has grown by 209.9%, moving from $223K to $690K. Total assets increased by 334.6% over the same period, from $57K to $246K. Total functional expenses rose by 297.4%, from $166K to $660K. In its most recent filing year (2023), Willing Hearts Day Care reported a surplus of $30K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $690K | $660K | $246K | $0 | — | — |
| 2022 | $699K | $540K | $216K | $0 | — | View 990 |
| 2021 | $223K | $166K | $57K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $690K, expenses of $660K, and assets of $246K (revenue -1.3% year-over-year).
- 2022: Revenue of $699K, expenses of $540K, and assets of $216K (revenue +214.1% year-over-year).
- 2021: Revenue of $223K, expenses of $166K, and assets of $57K.
Data Sources and Methodology
This transparency report for Willing Hearts Day Care 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.