Zack S Place Enrichment Center Inc
Zack S Place Enrichment Center Inc shows strong asset growth and no reported executive compensation over a decade.
EIN: 205962374 · Woodstock, VT · NTEE: G20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $834K |
| Total Expenses | $413K |
| Program Spending | 90% |
| Net Assets | $1.5M |
| Transparency Score | 95/100 |
Is Zack S Place Enrichment Center Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Zack S Place Enrichment Center Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Zack S Place Enrichment Center Inc
Zack S Place Enrichment Center Inc (EIN: 205962374) is a nonprofit organization based in Woodstock, VT, classified under NTEE code G20. The organization reported total revenue of $834K and total assets of $1.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Zack S Place Enrichment Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Zack S Place Enrichment Center Inc is a small nonprofit that has been operating for 18 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $419K |
| Total Expenses | $413K |
| Surplus / Deficit | +$6K |
| Total Assets | $1.5M |
| Total Liabilities | $22K |
| Net Assets | $1.5M |
| Operating Margin | 1.5% |
| Debt-to-Asset Ratio | 1.4% |
| Months of Reserves | 43.4 months |
Financial Health Grade: A
In 2023, Zack S Place Enrichment Center Inc reported a surplus of $6K with revenue exceeding expenses, holds 43.4 months of operating reserves (strong position), has a debt-to-asset ratio of 1.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Zack S Place Enrichment Center Inc's revenue has grown at a compound annual growth rate (CAGR) of 9.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +23.9% | +20.3% | +3.7% |
| 2022 | -36.5% | +2.9% | -7.2% |
| 2021 | +5.2% | +38.0% | +21.5% |
| 2020 | +18.5% | -23.7% | +27.5% |
| 2019 | +17.4% | +7.3% | +17.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
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 Zack S Place Enrichment 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, Zack S Place Enrichment 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 $6K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.4%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers or key employees received compensation, which is highly favorable for directing resources to the organization's mission.
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.
Strengths
The following positive indicators were identified for Zack S Place Enrichment Center Inc:
- Consistent asset growth, increasing from $473,233 in 2014 to $1,491,548 in 2023.
- No reported officer compensation across all 13 filings, indicating high efficiency and mission focus.
- Generally positive net income, with revenues often exceeding expenses (e.g., $418,740 revenue vs. $412,642 expenses in 2023).
- Low liabilities relative to assets, suggesting strong financial stability (e.g., $21,583 liabilities vs. $1,491,548 assets in 2023).
- Consistent filing of IRS Form 990s over 13 periods, demonstrating transparency and compliance.
Frequently Asked Questions about Zack S Place Enrichment Center Inc
Is Zack S Place Enrichment Center Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Zack S Place Enrichment Center Inc (EIN: 205962374) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Zack S Place Enrichment Center Inc spend its money?
Zack S Place Enrichment Center Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Zack S Place Enrichment Center Inc tax-deductible?
Zack S Place Enrichment Center Inc is registered as a tax-exempt nonprofit (EIN: 205962374). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Zack S Place Enrichment Center Inc's spending goes to programs?
Zack S Place Enrichment Center Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Zack S Place Enrichment Center Inc compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Zack S Place Enrichment Center Inc is above average for NTEE category G20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Zack S Place Enrichment Center Inc located?
Zack S Place Enrichment Center Inc is headquartered in Woodstock, Vermont and files with the IRS under EIN 205962374. It is classified under NTEE code G20.
How many years of IRS 990 filings does Zack S Place Enrichment Center Inc have?
Zack S Place Enrichment 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 $834K in total revenue.
Is Zack S Place Enrichment Center Inc a good charity?
Based on the provided financial data, Zack S Place Enrichment Center Inc appears to be a very good charity. It demonstrates strong financial health, consistent asset growth, and a notable commitment to its mission by reporting 0% officer compensation across all filings.
How has the organization's financial health changed over time?
The organization's financial health has significantly improved over time. Assets have more than tripled from $473,233 in 2014 to $1,491,548 in 2023, and revenue has generally increased, indicating sustainable growth.
What is the trend in revenue and expenses?
Revenue has shown an upward trend, with some fluctuations, reaching $418,740 in 2023. Expenses have generally increased in line with revenue, indicating controlled spending, with expenses of $412,642 in 2023.
Filing History
IRS 990 filing history for Zack S Place Enrichment Center Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Zack S Place Enrichment Center Inc's revenue has grown by 211.9%, moving from $134K to $419K. Total assets increased by 1564.8% over the same period, from $90K to $1.5M. Total functional expenses rose by 278.8%, from $109K to $413K. In its most recent filing year (2023), Zack S Place Enrichment Center Inc reported a surplus of $6K, with revenue exceeding expenses. The organization holds $22K in liabilities against $1.5M in assets (debt-to-asset ratio: 1.4%), resulting in net assets of $1.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $419K | $413K | $1.5M | $22K | — | — |
| 2022 | $338K | $343K | $1.4M | $19K | — | — |
| 2021 | $532K | $333K | $1.5M | $25K | — | View 990 |
| 2020 | $506K | $241K | $1.3M | $12K | — | — |
| 2019 | $427K | $317K | $1.0M | $15K | — | View 990 |
| 2018 | $364K | $295K | $850K | $22K | — | View 990 |
| 2017 | $464K | $271K | $801K | $18K | — | View 990 |
| 2016 | $356K | $258K | $599K | $25K | — | View 990 |
| 2015 | $263K | $247K | $498K | $21K | — | View 990 |
| 2014 | $241K | $215K | $473K | $12K | — | View 990 |
| 2013 | $568K | $205K | $442K | $7K | — | View 990 |
| 2012 | $163K | $162K | $86K | $15K | — | View 990 |
| 2011 | $134K | $109K | $90K | $19K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $419K, expenses of $413K, and assets of $1.5M (revenue +23.9% year-over-year).
- 2022: Revenue of $338K, expenses of $343K, and assets of $1.4M (revenue -36.5% year-over-year).
- 2021: Revenue of $532K, expenses of $333K, and assets of $1.5M (revenue +5.2% year-over-year).
- 2020: Revenue of $506K, expenses of $241K, and assets of $1.3M (revenue +18.5% year-over-year).
- 2019: Revenue of $427K, expenses of $317K, and assets of $1.0M (revenue +17.4% year-over-year).
- 2018: Revenue of $364K, expenses of $295K, and assets of $850K (revenue -21.7% year-over-year).
- 2017: Revenue of $464K, expenses of $271K, and assets of $801K (revenue +30.4% year-over-year).
- 2016: Revenue of $356K, expenses of $258K, and assets of $599K (revenue +35.5% year-over-year).
- 2015: Revenue of $263K, expenses of $247K, and assets of $498K (revenue +8.9% year-over-year).
- 2014: Revenue of $241K, expenses of $215K, and assets of $473K (revenue -57.5% year-over-year).
- 2013: Revenue of $568K, expenses of $205K, and assets of $442K (revenue +249.4% year-over-year).
- 2012: Revenue of $163K, expenses of $162K, and assets of $86K (revenue +21.1% year-over-year).
- 2011: Revenue of $134K, expenses of $109K, and assets of $90K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Zack S Place Enrichment Center Inc:
Data Sources and Methodology
This transparency report for Zack S Place Enrichment 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.