Is Friends Of The St Lawrence Church Legit?…

Quick charity verification for Friends Of The St Lawrence Church (EIN: 10505729)

Strengths

Significant revenue growth, especially in recent years (from $183,628 in 2014 to $654,186 in 2023).
Consistent asset growth, more than doubling over the decade ($793,511 in 2014 to $1,411,283 in 2023).
0% officer compensation reported across all filings, indicating high efficiency and volunteer leadership.
Positive net income in most recent filing (2023: Revenue $654,186 vs. Expenses $429,046).
Strong financial position with substantial assets relative to liabilities.

Spending Breakdown

How Friends Of The St Lawrence Church allocates its funds across programs, administration, and fundraising.

85%

Program Spending

Healthy — majority goes to mission

10%

Admin Costs

Reasonable — admin costs in check

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 Friends Of The St Lawrence Church

Is Friends Of The St Lawrence Church a legitimate charity?

Based on AI analysis of IRS 990 filings, Friends Of The St Lawrence Church (EIN: 10505729) appears trustworthy. Mission Score: 88/100. 1 red flag identified, 5 strengths noted.

Is Friends Of The St Lawrence Church a good charity to donate to?

Friends Of The St Lawrence Church has a Mission Score of 88/100. Revenue: $703K. Assets: $2.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Friends Of The St Lawrence Church?

The Employer Identification Number (EIN) for Friends Of The St Lawrence Church is 10505729. 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 Friends Of The St Lawrence Church spend its money?

Friends Of The St Lawrence Church allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Friends Of The St Lawrence Church's tax-exempt status?

You can verify Friends Of The St Lawrence Church's tax-exempt status using EIN 10505729 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

Friends Of The St Lawrence Church demonstrates a generally healthy financial trajectory, particularly in recent years. The organization has shown significant growth in revenue and assets, with revenue increasing from $183,628 in 2014 to $654,186 in 2023. This growth is also reflected in its assets, which have more than doubled from $793,511 in 2014 to $1,411,283 in 2023. The organization consistently reports 0% officer compensation, indicating a volunteer-led or very lean executive structure, which contributes positively to spending efficiency by directing more funds to its mission. While specific program spending percentages are not detailed in the provided data, the absence of officer compensation suggests a commitment to minimizing administrative overhead.

The organization's financial health appears robust, with a substantial increase in net assets over the decade. For instance, in 2023, revenue significantly outpaced expenses ($654,186 vs. $429,046), allowing for asset growth. However, there were periods, such as 2022, where expenses ($323,544) exceeded revenue ($288,138), indicating some variability in annual financial performance. The consistent reporting of 0% officer compensation across all available filings is a strong indicator of transparency regarding executive pay and a focus on directing resources to the organization's purpose. The NTEE code Z99 (Unknown) could potentially be a minor area for improved transparency if a more specific classification is applicable, though this is often due to the nature of the organization's activities.

Is Friends Of The St Lawrence Church Legit?

Verdict: Friends Of The St Lawrence Church appears trustworthy

Red Flags