Wolfeboro Area Childrens Center Inc
Wolfeboro Area Childrens Center Inc shows strong financial growth and no reported officer compensation over the past decade.
EIN: 20314542 · Wolfeboro, NH · NTEE: P330 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $5.1M |
| Total Expenses | $2.3M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $8 |
| Net Assets | $8.4M |
| Transparency Score | 95/100 |
Is Wolfeboro Area Childrens Center Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Wolfeboro Area Childrens Center Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Wolfeboro Area Childrens Center Inc
Wolfeboro Area Childrens Center Inc (EIN: 20314542) is a nonprofit organization based in Wolfeboro, NH, classified under NTEE code P330. The organization reported total revenue of $5.1M and total assets of $10.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wolfeboro Area Childrens Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Wolfeboro Area Childrens Center Inc is a mid-size nonprofit that has been operating for 52 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.9M |
| Total Expenses | $2.3M |
| Surplus / Deficit | +$596K |
| Total Assets | $8.5M |
| Total Liabilities | $154K |
| Net Assets | $8.4M |
| Operating Margin | 20.5% |
| Debt-to-Asset Ratio | 1.8% |
| Months of Reserves | 44.2 months |
Financial Health Grade: A
In 2023, Wolfeboro Area Childrens Center Inc reported a surplus of $596K with revenue exceeding expenses, holds 44.2 months of operating reserves (strong position), has a debt-to-asset ratio of 1.8% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Wolfeboro Area Childrens Center Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +85.3% | +6.7% | +5.8% |
| 2022 | -55.6% | +10.2% | -7.7% |
| 2021 | +64.1% | -4.3% | +22.4% |
| 2020 | -20.0% | +0.7% | +5.4% |
| 2019 | +23.2% | +10.6% | +11.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1974 |
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 Wolfeboro Area Childrens Center Inc with a Mission Score of 95 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Wolfeboro Area Childrens Center Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $596K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.8%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive compensation from the organization, which is highly unusual for an organization of its size with assets exceeding $8 million.
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 Wolfeboro Area Childrens Center Inc's IRS 990 filings:
- Lack of detailed program, administrative, and fundraising expense breakdown in provided data, making precise efficiency analysis difficult.
Strengths
The following positive indicators were identified for Wolfeboro Area Childrens Center Inc:
- Consistent asset growth, increasing from $4,951,550 in 2014 to $8,523,303 in 2023.
- Strong financial surplus in recent years, with 2023 revenue exceeding expenses by $596,324.
- Zero reported officer compensation across all 13 filings, indicating high resource allocation to mission.
- Low liabilities relative to assets, suggesting financial stability and low risk.
- Consistent IRS 990 filing history, demonstrating commitment to transparency and accountability.
Frequently Asked Questions about Wolfeboro Area Childrens Center Inc
Is Wolfeboro Area Childrens Center Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Wolfeboro Area Childrens Center Inc (EIN: 20314542) some concerns. Mission Score: 95/100. 1 red flag identified, 5 strengths noted.
How does Wolfeboro Area Childrens Center Inc spend its money?
Wolfeboro Area Childrens Center Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Wolfeboro Area Childrens Center Inc tax-deductible?
Wolfeboro Area Childrens Center Inc is registered as a tax-exempt nonprofit (EIN: 20314542). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Wolfeboro Area Childrens Center Inc CEO make?
Wolfeboro Area Childrens Center Inc's highest-compensated officer earns $8 annually. The organization reported $5.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Wolfeboro Area Childrens Center Inc's spending goes to programs?
Wolfeboro Area Childrens Center Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Wolfeboro Area Childrens Center Inc compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Wolfeboro Area Childrens Center Inc is above average for NTEE category P330 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Wolfeboro Area Childrens Center Inc located?
Wolfeboro Area Childrens Center Inc is headquartered in Wolfeboro, New Hampshire and files with the IRS under EIN 20314542. It is classified under NTEE code P330.
How many years of IRS 990 filings does Wolfeboro Area Childrens Center Inc have?
Wolfeboro Area Childrens Center 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 $5.1M in total revenue.
Is Wolfeboro Area Childrens Center Inc a good charity?
Based on the provided financial data, Wolfeboro Area Childrens Center Inc appears to be a very good charity. It demonstrates strong financial health, consistent asset growth, and a remarkable commitment to transparency by reporting no officer compensation.
How has the organization's financial health changed over the last decade?
The organization's financial health has significantly improved over the last decade. Assets have grown from $4,951,550 in 2014 to $8,523,303 in 2023, and revenue has shown substantial growth, with the latest period (2023) showing a healthy surplus of $596,324 (Revenue $2,909,607 - Expenses $2,313,283).
What is the significance of 0% officer compensation?
The 0% officer compensation is highly significant as it suggests that either the organization's leadership is entirely volunteer-based, or their compensation is covered by an affiliated entity, or not reported in this section. This practice maximizes the funds available for program delivery and is a strong indicator of dedication to the mission.
Filing History
IRS 990 filing history for Wolfeboro Area Childrens Center Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Wolfeboro Area Childrens Center Inc's revenue has grown by 32.8%, moving from $2.2M to $2.9M. Total assets increased by 96.5% over the same period, from $4.3M to $8.5M. Total functional expenses rose by 36.2%, from $1.7M to $2.3M. In its most recent filing year (2023), Wolfeboro Area Childrens Center Inc reported a surplus of $596K, with revenue exceeding expenses. The organization holds $154K in liabilities against $8.5M in assets (debt-to-asset ratio: 1.8%), resulting in net assets of $8.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.9M | $2.3M | $8.5M | $154K | — | View 990 |
| 2022 | $1.6M | $2.2M | $8.1M | $280K | — | View 990 |
| 2021 | $3.5M | $2.0M | $8.7M | $358K | — | View 990 |
| 2020 | $2.2M | $2.1M | $7.1M | $330K | — | View 990 |
| 2019 | $2.7M | $2.0M | $6.8M | $61K | — | View 990 |
| 2018 | $2.2M | $1.8M | $6.1M | $34K | — | View 990 |
| 2017 | $2.2M | $1.8M | $5.7M | $33K | — | View 990 |
| 2016 | $2.0M | $1.6M | $5.4M | $34K | — | View 990 |
| 2015 | $1.5M | $1.4M | $5.0M | $59K | — | View 990 |
| 2014 | $2.0M | $1.5M | $5.0M | $58K | — | View 990 |
| 2013 | $1.8M | $1.6M | $4.4M | $45K | — | View 990 |
| 2012 | $1.5M | $1.6M | $4.2M | $48K | — | View 990 |
| 2011 | $2.2M | $1.7M | $4.3M | $55K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.9M, expenses of $2.3M, and assets of $8.5M (revenue +85.3% year-over-year).
- 2022: Revenue of $1.6M, expenses of $2.2M, and assets of $8.1M (revenue -55.6% year-over-year).
- 2021: Revenue of $3.5M, expenses of $2.0M, and assets of $8.7M (revenue +64.1% year-over-year).
- 2020: Revenue of $2.2M, expenses of $2.1M, and assets of $7.1M (revenue -20.0% year-over-year).
- 2019: Revenue of $2.7M, expenses of $2.0M, and assets of $6.8M (revenue +23.2% year-over-year).
- 2018: Revenue of $2.2M, expenses of $1.8M, and assets of $6.1M (revenue -0.5% year-over-year).
- 2017: Revenue of $2.2M, expenses of $1.8M, and assets of $5.7M (revenue +11.5% year-over-year).
- 2016: Revenue of $2.0M, expenses of $1.6M, and assets of $5.4M (revenue +33.6% year-over-year).
- 2015: Revenue of $1.5M, expenses of $1.4M, and assets of $5.0M (revenue -25.7% year-over-year).
- 2014: Revenue of $2.0M, expenses of $1.5M, and assets of $5.0M (revenue +8.6% year-over-year).
- 2013: Revenue of $1.8M, expenses of $1.6M, and assets of $4.4M (revenue +18.4% year-over-year).
- 2012: Revenue of $1.5M, expenses of $1.6M, and assets of $4.2M (revenue -29.6% year-over-year).
- 2011: Revenue of $2.2M, expenses of $1.7M, and assets of $4.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Wolfeboro Area Childrens Center Inc:
Data Sources and Methodology
This transparency report for Wolfeboro Area Childrens Center 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.