Young Childrens Center For The Arts Inc
EIN: 232851791 · Philadelphia, PA · NTEE: B21Z
| Metric | Value |
|---|---|
| Total Revenue | $2.7M |
| Total Expenses | $2.5M |
| Net Assets | $458K |
Is Young Childrens Center For The Arts Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Young Childrens Center For The Arts Inc
Young Childrens Center For The Arts Inc (EIN: 232851791) is a nonprofit organization based in Philadelphia, PA, classified under NTEE code B21Z. The organization reported total revenue of $2.7M and total assets of $614K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Young Childrens Center For The Arts Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Young Childrens Center For The Arts Inc is a mid-size nonprofit that has been operating for 28 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.2M |
| Total Expenses | $2.5M |
| Surplus / Deficit | $-313,886 |
| Total Assets | $624K |
| Total Liabilities | $166K |
| Net Assets | $458K |
| Operating Margin | -14.4% |
| Debt-to-Asset Ratio | 26.6% |
| Months of Reserves | 3.0 months |
Financial Health Grade: B
In 2023, Young Childrens Center For The Arts Inc reported a deficit of $314K with expenses exceeding revenue, holds 3.0 months of operating reserves (adequate), has a debt-to-asset ratio of 26.6% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Young Childrens Center For The Arts Inc's revenue has grown at a compound annual growth rate (CAGR) of 9.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -13.6% | +24.8% | -33.8% |
| 2022 | +31.9% | +13.3% | +49.6% |
| 2021 | +15.6% | -4.1% | +9.3% |
| 2020 | -9.3% | +0.6% | +79.4% |
| 2019 | +7.6% | +5.2% | +11.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1998 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Young Childrens Center For The Arts Inc 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 Young Childrens Center For The Arts Inc 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 deficit of $314K, with expenses exceeding revenue.
- Debt-to-asset ratio: 26.6%.
Frequently Asked Questions about Young Childrens Center For The Arts Inc
Is Young Childrens Center For The Arts Inc a legitimate charity?
Young Childrens Center For The Arts Inc (EIN: 232851791) is a registered tax-exempt nonprofit based in Pennsylvania. It has 13 years of IRS 990 filings on record. Total revenue: $2.7M. No red flags identified. Financial health grade: B.
How does Young Childrens Center For The Arts Inc spend its money?
Young Childrens Center For The Arts Inc reported $2.7M in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Young Childrens Center For The Arts Inc tax-deductible?
Young Childrens Center For The Arts Inc is registered as a tax-exempt nonprofit (EIN: 232851791). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Young Childrens Center For The Arts Inc located?
Young Childrens Center For The Arts Inc is headquartered in Philadelphia, Pennsylvania and files with the IRS under EIN 232851791. It is classified under NTEE code B21Z.
How many years of IRS 990 filings does Young Childrens Center For The Arts Inc have?
Young Childrens Center For The Arts 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 $2.7M in total revenue.
Filing History
IRS 990 filing history for Young Childrens Center For The Arts Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Young Childrens Center For The Arts Inc's revenue has grown by 196.6%, moving from $733K to $2.2M. Total assets increased by 278.6% over the same period, from $165K to $624K. Total functional expenses rose by 240.6%, from $730K to $2.5M. In its most recent filing year (2023), Young Childrens Center For The Arts Inc reported a deficit of $314K, with expenses exceeding revenue. The organization holds $166K in liabilities against $624K in assets (debt-to-asset ratio: 26.6%), resulting in net assets of $458K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.2M | $2.5M | $624K | $166K | — | View 990 |
| 2022 | $2.5M | $2.0M | $942K | $170K | — | View 990 |
| 2021 | $1.9M | $1.8M | $630K | $382K | — | View 990 |
| 2020 | $1.7M | $1.8M | $577K | $478K | — | View 990 |
| 2019 | $1.8M | $1.8M | $321K | $40K | — | View 990 |
| 2018 | $1.7M | $1.7M | $289K | $7K | — | View 990 |
| 2017 | $1.6M | $1.6M | $323K | $2K | — | View 990 |
| 2016 | $1.5M | $1.4M | $316K | $31K | — | View 990 |
| 2015 | $1.0M | $1.0M | $123K | $0 | — | View 990 |
| 2014 | $895K | $939K | $156K | $14K | — | View 990 |
| 2013 | $857K | $837K | $185K | $0 | — | View 990 |
| 2012 | $813K | $813K | $165K | $0 | — | View 990 |
| 2011 | $733K | $730K | $165K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.2M, expenses of $2.5M, and assets of $624K (revenue -13.6% year-over-year).
- 2022: Revenue of $2.5M, expenses of $2.0M, and assets of $942K (revenue +31.9% year-over-year).
- 2021: Revenue of $1.9M, expenses of $1.8M, and assets of $630K (revenue +15.6% year-over-year).
- 2020: Revenue of $1.7M, expenses of $1.8M, and assets of $577K (revenue -9.3% year-over-year).
- 2019: Revenue of $1.8M, expenses of $1.8M, and assets of $321K (revenue +7.6% year-over-year).
- 2018: Revenue of $1.7M, expenses of $1.7M, and assets of $289K (revenue +2.6% year-over-year).
- 2017: Revenue of $1.6M, expenses of $1.6M, and assets of $323K (revenue +8.2% year-over-year).
- 2016: Revenue of $1.5M, expenses of $1.4M, and assets of $316K (revenue +48.7% year-over-year).
- 2015: Revenue of $1.0M, expenses of $1.0M, and assets of $123K (revenue +14.6% year-over-year).
- 2014: Revenue of $895K, expenses of $939K, and assets of $156K (revenue +4.5% year-over-year).
- 2013: Revenue of $857K, expenses of $837K, and assets of $185K (revenue +5.3% year-over-year).
- 2012: Revenue of $813K, expenses of $813K, and assets of $165K (revenue +11.0% year-over-year).
- 2011: Revenue of $733K, expenses of $730K, and assets of $165K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Young Childrens Center For The Arts Inc:
Data Sources and Methodology
This transparency report for Young Childrens Center For The Arts 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.