Yarmouth Day Care
Yarmouth Day Care: Consistent Growth, Tight Margins, and Transparency Opportunities
EIN: 222572373 · Yarmouth, ME · NTEE: P33Z · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $292K |
| Total Expenses | $261K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $0 |
| Net Assets | $35K |
| Transparency Score | 75/100 |
Is Yarmouth Day Care Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Yarmouth Day Care directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Yarmouth Day Care
Yarmouth Day Care (EIN: 222572373) is a nonprofit organization based in Yarmouth, ME, classified under NTEE code P33Z. The organization reported total revenue of $292K and total assets of $79K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Yarmouth Day Care's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Yarmouth Day Care is a small nonprofit that has been operating for 40 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $265K |
| Total Expenses | $261K |
| Surplus / Deficit | +$4K |
| Total Assets | $38K |
| Total Liabilities | $3K |
| Net Assets | $35K |
| Operating Margin | 1.4% |
| Debt-to-Asset Ratio | 8.9% |
| Months of Reserves | 1.8 months |
Financial Health Grade: A
In 2023, Yarmouth Day Care reported a surplus of $4K with revenue exceeding expenses, holds 1.8 months of operating reserves (limited), has a debt-to-asset ratio of 8.9% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Yarmouth Day Care's revenue has grown at a compound annual growth rate (CAGR) of 5.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +13.0% | +14.8% | +7.6% |
| 2022 | +22.8% | +21.8% | +29.5% |
| 2021 | +48.7% | +35.4% | +17.6% |
| 2020 | -16.0% | -20.2% | -27.2% |
| 2019 | +1.1% | +9.9% | -38.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1986 |
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 Yarmouth Day Care with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Yarmouth Day Care allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. 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 $4K, with revenue exceeding expenses.
- Debt-to-asset ratio: 8.9%.
Executive Compensation Analysis
The filings consistently report $0 in compensation for key employees, which is unusual for an organization with growing revenue and expenses, suggesting potential underreporting or alternative compensation structures.
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 Yarmouth Day Care's IRS 990 filings:
- Consistent reporting of $0 in key employee compensation across all years, despite increasing revenue and expenses, raises questions about how leadership is compensated.
- The organization's liabilities have increased from $2,400 in 2019 to $3,400 in 2023, indicating a slight increase in financial obligations.
- Net assets have shown some fluctuation, with a decrease from $58,562 in 2017 to $27,549 in 2021 before recovering to $38,387 in 2023, suggesting periods of financial strain.
Strengths
The following positive indicators were identified for Yarmouth Day Care:
- Consistent revenue growth from $147,072 in 2016 to $291,639 in 2023 demonstrates strong operational performance and demand for services.
- The organization consistently operates with a positive net income (revenue exceeding expenses) in most years, indicating financial stability.
- Assets have shown a healthy increase from $63,952 in 2016 to $79,429 in 2023, strengthening the organization's financial position.
Frequently Asked Questions about Yarmouth Day Care
Is Yarmouth Day Care a legitimate charity?
Based on AI analysis of IRS 990 filings, Yarmouth Day Care (EIN: 222572373) some concerns. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
How does Yarmouth Day Care spend its money?
Yarmouth Day Care directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Yarmouth Day Care tax-deductible?
Yarmouth Day Care is registered as a tax-exempt nonprofit (EIN: 222572373). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Yarmouth Day Care CEO make?
Yarmouth Day Care's highest-compensated officer earns $0 annually. The organization reported $292K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Yarmouth Day Care's spending goes to programs?
Yarmouth Day Care directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Yarmouth Day Care compare to similar nonprofits?
With a transparency score of 75/100 (Good), Yarmouth Day Care is above average for NTEE category P33Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Yarmouth Day Care located?
Yarmouth Day Care is headquartered in Yarmouth, Maine and files with the IRS under EIN 222572373. It is classified under NTEE code P33Z.
How many years of IRS 990 filings does Yarmouth Day Care have?
Yarmouth Day Care 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 $292K in total revenue.
What does Yarmouth Day Care do?
Yarmouth Day Care is a nonprofit organization in the Human Services sector, located in Yarmouth, Maine. It is classified under NTEE code P33Z.
How much revenue does Yarmouth Day Care have?
Yarmouth Day Care reported total revenue of $291,639. Based on 13 IRS 990 filings on record.
What are Yarmouth Day Care's total assets?
Yarmouth Day Care holds total assets of $79,429 as reported in IRS 990 filings.
Where is Yarmouth Day Care located?
Yarmouth Day Care is based in Yarmouth, Maine.
What is Yarmouth Day Care's EIN?
Yarmouth Day Care's Employer Identification Number (EIN) is 222572373. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Yarmouth Day Care?
Yarmouth Day Care is classified under NTEE code P33Z (Human Services).
Is Yarmouth Day Care a registered 501(c)(3)?
Yes, Yarmouth Day Care is recognized as a tax-exempt organization by the IRS. EIN: 222572373.
Does Yarmouth Day Care file IRS Form 990?
Yes, Yarmouth Day Care has 13 IRS Form 990 filings on record. The most recent covers tax period 202308.
What was Yarmouth Day Care's revenue in 2023?
In the 202308 filing period, Yarmouth Day Care reported total revenue of $264,856, total expenses of $261,135, and net assets of $38,387.
Is Yarmouth Day Care's revenue growing or declining?
Yarmouth Day Care's revenue is growing. Revenue went from $234,423 (202208) to $264,856 (202308), a +13.0% change. Based on 13 filings on record.
What is Yarmouth Day Care's most recent 990 filing?
The most recent IRS Form 990 filing for Yarmouth Day Care covers tax period 202308. It shows revenue of $264,856, expenses of $261,135, total assets of $38,387, and liabilities of $3,400.
How much does Yarmouth Day Care spend on programs vs administration?
Based on IRS 990 analysis, Yarmouth Day Care allocates approximately 90% of expenses to program services, 5% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Yarmouth Day Care a trustworthy charity?
Based on AI analysis of IRS 990 data, Yarmouth Day Care appears trustworthy. Mission Score: 75/100 (Good). 3 red flags identified. 3 strengths noted.
What are the red flags for Yarmouth Day Care?
The following concerns were identified: Consistent reporting of $0 in key employee compensation across all years, despite increasing revenue and expenses, raises questions about how leadership is compensated.. The organization's liabilities have increased from $2,400 in 2019 to $3,400 in 2023, indicating a slight increase in financial obligations.. Net assets have shown some fluctuation, with a decrease from $58,562 in 2017 to $27,549 in 2021 before recovering to $38,387 in 2023, suggesting periods of financial strain.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Yarmouth Day Care's strengths?
Positive indicators for Yarmouth Day Care include: Consistent revenue growth from $147,072 in 2016 to $291,639 in 2023 demonstrates strong operational performance and demand for services.. The organization consistently operates with a positive net income (revenue exceeding expenses) in most years, indicating financial stability.. Assets have shown a healthy increase from $63,952 in 2016 to $79,429 in 2023, strengthening the organization's financial position.. These findings are derived from AI analysis of the organization's financial filings.
How does Yarmouth Day Care compensate executives?
The filings consistently report $0 in compensation for key employees, which is unusual for an organization with growing revenue and expenses, suggesting potential underreporting or alternative compensation structures. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent reporting of $0 in key employee compensation, how does Yarmouth Day Care attract and retain qualified leadership, and what are the actual costs associated with executive management?
The consistent $0 compensation reported for key employees across all filings suggests either a volunteer-led executive team, compensation being paid through a related entity, or a reporting discrepancy. Understanding the true cost of executive management is crucial for assessing operational efficiency and sustainability.
What specific programs and services are driving the consistent revenue growth, and how does the organization ensure these programs remain impactful and accessible to the community?
While revenue has steadily increased, the data doesn't detail the specific programs or services offered. Understanding the program portfolio and its impact would provide deeper insight into the organization's mission effectiveness and how it plans to sustain growth and accessibility.
Filing History
IRS 990 filing history for Yarmouth Day Care showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Yarmouth Day Care's revenue has grown by 97.3%, moving from $134K to $265K. Total assets decreased by 19.2% over the same period, from $47K to $38K. Total functional expenses rose by 129.1%, from $114K to $261K. In its most recent filing year (2023), Yarmouth Day Care reported a surplus of $4K, with revenue exceeding expenses. The organization holds $3K in liabilities against $38K in assets (debt-to-asset ratio: 8.9%), resulting in net assets of $35K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $265K | $261K | $38K | $3K | — | View 990 |
| 2022 | $234K | $227K | $36K | $4K | — | View 990 |
| 2021 | $191K | $187K | $28K | $3K | — | View 990 |
| 2020 | $128K | $138K | $23K | $3K | — | View 990 |
| 2019 | $153K | $173K | $32K | $2K | — | View 990 |
| 2018 | $151K | $157K | $53K | $3K | — | View 990 |
| 2017 | $148K | $153K | $59K | $3K | — | View 990 |
| 2016 | $147K | $152K | $64K | $3K | — | View 990 |
| 2015 | $149K | $143K | $69K | $3K | — | View 990 |
| 2014 | $145K | $144K | $63K | $3K | — | View 990 |
| 2013 | $136K | $138K | $62K | $3K | — | View 990 |
| 2012 | $143K | $122K | $65K | $3K | — | View 990 |
| 2011 | $134K | $114K | $47K | $7K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $265K, expenses of $261K, and assets of $38K (revenue +13.0% year-over-year).
- 2022: Revenue of $234K, expenses of $227K, and assets of $36K (revenue +22.8% year-over-year).
- 2021: Revenue of $191K, expenses of $187K, and assets of $28K (revenue +48.7% year-over-year).
- 2020: Revenue of $128K, expenses of $138K, and assets of $23K (revenue -16.0% year-over-year).
- 2019: Revenue of $153K, expenses of $173K, and assets of $32K (revenue +1.1% year-over-year).
- 2018: Revenue of $151K, expenses of $157K, and assets of $53K (revenue +2.4% year-over-year).
- 2017: Revenue of $148K, expenses of $153K, and assets of $59K (revenue +0.4% year-over-year).
- 2016: Revenue of $147K, expenses of $152K, and assets of $64K (revenue -1.0% year-over-year).
- 2015: Revenue of $149K, expenses of $143K, and assets of $69K (revenue +2.5% year-over-year).
- 2014: Revenue of $145K, expenses of $144K, and assets of $63K (revenue +6.9% year-over-year).
- 2013: Revenue of $136K, expenses of $138K, and assets of $62K (revenue -5.3% year-over-year).
- 2012: Revenue of $143K, expenses of $122K, and assets of $65K (revenue +6.7% year-over-year).
- 2011: Revenue of $134K, expenses of $114K, and assets of $47K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Yarmouth Day Care:
Data Sources and Methodology
This transparency report for Yarmouth 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.