Is Maria Regina Residence Inc Legit? —…

Red Flags

Consistent reporting of 0% officer compensation, which may obscure executive pay practices.
Significant increase in liabilities (from $3.1M in 2014 to $9.5M in 2023) relative to assets, potentially indicating increased financial risk.
Fluctuating net income, with several years showing deficits (e.g., $5.2M deficit in 2022, $4.2M deficit in 2020), suggesting inconsistent operational sustainability.

Spending Breakdown

How Maria Regina Residence 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

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 Maria Regina Residence Inc

Is Maria Regina Residence Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Maria Regina Residence Inc (EIN: 113637961) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.

Is Maria Regina Residence Inc a good charity to donate to?

Maria Regina Residence Inc has a Mission Score of 65/100. Revenue: $8.3M. Assets: $1.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Maria Regina Residence Inc?

The Employer Identification Number (EIN) for Maria Regina Residence Inc is 113637961. 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 Maria Regina Residence Inc spend its money?

Maria Regina Residence Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Maria Regina Residence Inc's tax-exempt status?

You can verify Maria Regina Residence Inc's tax-exempt status using EIN 113637961 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

Maria Regina Residence Inc. demonstrates a fluctuating financial performance over the past several years. While the organization reported a positive net income in 2023 ($24,334,781 revenue vs. $23,662,619 expenses) and 2021 ($25,586,235 revenue vs. $21,403,154 expenses), it experienced deficits in other years, such as 2022 ($17,723,960 revenue vs. $22,933,627 expenses) and 2020 ($17,587,838 revenue vs. $21,862,593 expenses). This indicates some inconsistency in its operational sustainability, though the overall trend in assets has been upward, reaching $10,347,113 in 2023 from $9,760,911 in 2014. The organization's liabilities have also increased significantly, from $3,189,148 in 2014 to $9,573,193 in 2023, which warrants closer examination.

The consistent reporting of 0% officer compensation across all available filings suggests either that executive compensation is not reported in this category, or that the organization relies heavily on volunteer leadership or compensation is structured differently. This lack of detail on executive pay, combined with the NTEE code being unknown, slightly hinders a full assessment of transparency. However, the consistent filing of IRS Form 990s over a long period indicates a commitment to regulatory compliance.

To fully assess spending efficiency, more detailed breakdowns of program, administrative, and fundraising expenses would be necessary, as the provided data only offers total revenue and expenses. The significant increase in liabilities relative to assets over the decade also raises questions about long-term financial stability and how these liabilities are being managed. While the organization has grown its asset base, the corresponding growth in liabilities means its net assets have not grown as dramatically as total assets might suggest.

Is Maria Regina Residence Inc Legit?

Verdict: Maria Regina Residence Inc shows mixed signals