Mt Olive Child Care & Learning Center
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
Mt Olive Child Care & Learning Center is a 501(c)(3) organization based in Budd Lake, New Jersey, registered in 1979, with $1,286,536 in FY2024 revenue. CharityIndex grades it B.
150 Wolfe Rd, Budd Lake, NJ, 07828 EIN 22-2157202 Since 1979
Revenue (FY2024)
$1.3M
▼ 12.7% vs prior year
Expenses (FY2024)
$1.2M
Net assets
$1.4M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Mt Olive Child Care & Learning Center— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating13 mo reserves · +7% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Mt Olive Child Care & Learning Center: 13 mo reserves · +7% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Mt Olive Child Care & Learning Center— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Mt Olive Child Care & Learning Center: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 150 Wolfe Rd, Budd Lake, NJ, 07828
- City
- Budd Lake
- State
- New Jersey
- Category
- —
- Subcategory
- —
- Website
- …
Financial trends
Revenue declined from $1.5M (FY2013) to $1.3M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $485KNet assets $1.4M
Operating margin
6.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.8M
Total liabilities
$485K
Net assets
$1.4M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,286,536▼12.7% | $1,202,149▼0.3% | $1,352,294▲6.7% | $1,837,165▲4.7% | 990 |
| 2023 | $1,473,853▲11.7% | $1,205,339▲9.2% | $1,267,435▲26.9% | $1,754,541▲11.1% | 990 |
| 2022 | $1,319,605▲18.5% | $1,104,040▲16.7% | $998,928▲27.3% | $1,579,231▲71.4% | 990 |
| 2021 | $1,113,701▲16.5% | $945,953▲4.7% | $784,761▲26.9% | $921,385▲20.0% | 990 |
| 2020 | $956,075▼11.4% | $903,633▼22.5% | $618,510▲9.5% | $767,918▲10.9% | 990 |
| 2019 | $1,079,455▲5.2% | $1,165,810▲1.6% | $564,845▼13.1% | $692,205▼11.4% | 990 |
| 2018 | $1,026,075▼32.4% | $1,147,329▼20.3% | $650,320▼16.0% | $781,654▼14.1% | 990 |
| 2017 | $1,516,990▼13.3% | $1,438,932▼15.1% | $773,847▲11.1% | $910,126▼0.9% | 990 |
| 2016 | $1,749,557▲2.1% | $1,695,225▲3.0% | $696,433▲8.5% | $918,415▲12.2% | 990 |
| 2015 | $1,713,538▼0.2% | $1,645,477▲0.8% | $642,101▲1.8% | $818,580▲7.7% | 990 |
| 2014 | $1,716,565▲13.9% | $1,632,856▲11.5% | $630,951▲19.1% | $760,116▲7.0% | 990 |
| 2013 | $1,506,771 | $1,465,002▼13.1% | $529,742▲8.6% | $710,591▲5.7% | 990 |
| 2012 | — | $1,685,454▲2.5% | $487,973▼23.6% | $672,428▼20.6% | 990 |
| 2011 | — | $1,644,199▼5.0% | $638,826▼13.9% | $846,640▼12.0% | 990 |
| 2010 | — | $1,731,424 | $741,854 | $962,624 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $160K total
11 grants to Mt Olive Child Care & Learning Center totaling $160K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Community Foundation of New Jersey | Education | 2024 | $10,000 |
| Community Foundation of New Jersey | Unrestricted grant to support organization's exempt purpose | 2023 | $10,000 |
| Community Foundation of New Jersey | Unrestricted grant to support organization's exempt purpose | 2022 | $10,000 |
| Community Foundation of New Jersey | General support | 2021 | $10,000 |
| Community Foundation of New Jersey | General support | 2020 | $10,000 |
| Community Foundation of New Jersey | General support | 2019 | $10,000 |
| Community Foundation of New Jersey | Grant support | 2018 | $10,000 |
| Community Foundation of New Jersey | Grant support | 2017 | $60,000 |
| Community Foundation of New Jersey | General support | 2016 | $10,000 |
| Community Foundation of New Jersey | General support | 2015 | $10,000 |
| Community Foundation of New Jersey | General support | 2014 | $10,000 |
Frequently asked questions
- Is Mt Olive Child Care & Learning Center a legitimate nonprofit?
- Yes. Mt Olive Child Care & Learning Center is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 22-2157202, based in Budd Lake, New Jersey. Donations are tax-deductible.
- What is Mt Olive Child Care & Learning Center's EIN?
- Mt Olive Child Care & Learning Center's Employer Identification Number (EIN) is 22-2157202.
- How much revenue does Mt Olive Child Care & Learning Center report?
- Mt Olive Child Care & Learning Center reported $1,286,536 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Mt Olive Child Care & Learning Center have?
- CharityIndex grades Mt Olive Child Care & Learning Center B, based on financial health (reserves and operating margin).
More nonprofits in Budd Lake
Explore more
Data for Mt Olive Child Care & Learning Center (EIN 22-2157202) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.