Unusually low or 0% reported officer compensation for an organization of this size, which may obscure actual leadership compensation if categorized elsewhere.
Lack of detailed spending breakdown (program, admin, fundraising) in the provided data makes it difficult to precisely assess spending efficiency.
Strengths
Consistent revenue growth, increasing from $3,380,120 in 2018 to $6,100,628 in 2023.
Significant asset accumulation, growing from $1,729,859 in 2018 to $11,841,063 in 2023, indicating strong financial health and sustainability.
Positive net income (revenue exceeding expenses) in all reported periods, demonstrating sound financial management.
Consistent filing of IRS 990s, indicating compliance and transparency in reporting.
Spending Breakdown
How Catholic Migration Services Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Catholic Migration Services Inc
Is Catholic Migration Services Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Catholic Migration Services Inc (EIN: 112634818) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Catholic Migration Services Inc a good charity to donate to?
Catholic Migration Services Inc has a Mission Score of 85/100. Revenue: $6.5M. Assets: $12.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Catholic Migration Services Inc?
The Employer Identification Number (EIN) for Catholic Migration Services Inc is 112634818. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Catholic Migration Services Inc spend its money?
Catholic Migration Services Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Catholic Migration Services Inc's tax-exempt status?
You can verify Catholic Migration Services Inc's tax-exempt status using EIN 112634818 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Catholic Migration Services Inc demonstrates a generally healthy financial position with consistent revenue growth and increasing assets over the past six years. In the latest filing (202312), the organization reported revenues of $6,100,628 against expenses of $5,475,183, indicating a surplus. The asset base has significantly expanded from $1,729,859 in 2018 to $11,841,063 in 2023, suggesting strong financial management and accumulation of resources. The organization consistently reports 0% officer compensation, which is a notable aspect of its financial transparency and resource allocation.
Spending efficiency appears strong, with expenses consistently lower than revenues, allowing for asset growth. Without a detailed breakdown of program, administrative, and fundraising expenses from the provided data, a precise efficiency ratio cannot be calculated. However, the overall financial health, marked by a growing asset base and positive net income, suggests effective management of resources. The absence of reported officer compensation further enhances the perception of efficient and mission-focused spending.
Transparency is high regarding executive compensation, as no officer compensation has been reported across all six filings. This indicates that the organization's leadership is either volunteer-based or compensated through other means not categorized as 'officer compensation' on the 990, which warrants further investigation for a complete picture. The consistent filing of 990s over six periods also points to a commitment to regulatory compliance and public disclosure.