Quick charity verification for Monks Of Norcia Foundation (EIN: 20514077)
Verdict: Monks Of Norcia Foundation appears trustworthy
85/100Mission Score
$14.0MRevenue
$2.1MAssets
2Red Flags
3Strengths
Red Flags
Significant year-over-year financial volatility, with large deficits in 202306 and 202206.
Fluctuating asset base, making long-term financial planning and stability less predictable.
Strengths
Consistent 0% officer compensation, indicating strong dedication to mission over executive pay.
Positive net income in the latest filing (202406) of approximately $1 million.
Long history of IRS 990 filings, suggesting regulatory compliance and transparency.
Spending Breakdown
How Monks Of Norcia Foundation allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
10%
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 Monks Of Norcia Foundation
Is Monks Of Norcia Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Monks Of Norcia Foundation (EIN: 20514077) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
Is Monks Of Norcia Foundation a good charity to donate to?
Monks Of Norcia Foundation has a Mission Score of 85/100. Revenue: $14.0M. Assets: $2.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Monks Of Norcia Foundation?
The Employer Identification Number (EIN) for Monks Of Norcia Foundation is 20514077. 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 Monks Of Norcia Foundation spend its money?
Monks Of Norcia Foundation allocates 80% to programs, 10% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Monks Of Norcia Foundation's tax-exempt status?
You can verify Monks Of Norcia Foundation's tax-exempt status using EIN 20514077 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
The Monks Of Norcia Foundation demonstrates a fluctuating financial health over the past decade, with significant swings in revenue and expenses. While the latest filing (202406) shows a positive net income of approximately $1 million ($3,625,036 revenue vs. $2,623,962 expenses), the prior two periods (202306 and 202206) reported substantial deficits, with expenses exceeding revenue by $1.89 million and $421,448 respectively. The organization's assets have also seen considerable variation, peaking at over $5 million in 202006 and currently standing at $2.11 million. The consistent reporting of 0% officer compensation across all filings indicates a strong commitment to directing funds towards the mission rather than executive salaries, which is a positive sign for spending efficiency. However, without a detailed breakdown of program, administrative, and fundraising expenses from the provided data, a precise assessment of spending efficiency is limited. The organization's consistent filing of IRS Form 990s over 13 periods suggests a commitment to regulatory transparency.