Is Monsignor Carr Institute Legit?

Quick charity verification for Monsignor Carr Institute (EIN: 161115950)

Verdict: Monsignor Carr Institute shows mixed signals

65/100Mission Score

$5.8MRevenue

$2.6MAssets

4Red Flags

3Strengths

Red Flags

Consistent operational deficits (e.g., 202306: $7,279,892 expenses vs. $7,263,997 revenue).
Liabilities frequently exceed assets (e.g., 202306: $3,147,125 liabilities vs. $2,194,465 assets).
Fluctuating asset base with recent declines (e.g., from $2,463,217 in 2016 to $1,518,358 in 2022 before a slight recovery).
Unknown NTEE code limits comparative analysis with peer organizations.

Strengths

Consistent filing of IRS Form 990s over 13 periods, indicating transparency in reporting.
0% officer compensation reported across all filings, suggesting efficient use of funds for mission-related activities.
Significant revenue generation, consistently in the multi-million dollar range.

Spending Breakdown

How Monsignor Carr Institute 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 Monsignor Carr Institute

Is Monsignor Carr Institute a legitimate charity?

Based on AI analysis of IRS 990 filings, Monsignor Carr Institute (EIN: 161115950) shows mixed signals. Mission Score: 65/100. 4 red flags identified, 3 strengths noted.

Is Monsignor Carr Institute a good charity to donate to?

Monsignor Carr Institute has a Mission Score of 65/100. Revenue: $5.8M. Assets: $2.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Monsignor Carr Institute?

The Employer Identification Number (EIN) for Monsignor Carr Institute is 161115950. 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 Monsignor Carr Institute spend its money?

Monsignor Carr Institute allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Monsignor Carr Institute's tax-exempt status?

You can verify Monsignor Carr Institute's tax-exempt status using EIN 161115950 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

Monsignor Carr Institute demonstrates a consistent operational pattern, with expenses frequently exceeding revenue, as seen in the 202306 period where expenses were $7,279,892 against revenues of $7,263,997. This trend of deficit spending is visible across multiple years, suggesting a reliance on existing assets or other funding mechanisms to cover operational costs. The organization's assets have fluctuated, showing a recent decline from $2,194,465 in 2023 to $1,518,358 in 2022, and then a recovery to $2,194,465 in 2023, while liabilities have generally remained high, often exceeding assets. For instance, in 2023, liabilities stood at $3,147,125 against assets of $2,194,465, indicating a potentially precarious financial position.

The consistent reporting of 0% officer compensation across all available filings suggests a strong commitment to directing funds towards programs rather than executive salaries, which is a positive indicator of spending efficiency. However, the persistent operational deficits and the high ratio of liabilities to assets warrant closer examination to understand the long-term sustainability of the organization's financial model. Without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency is challenging, but the lack of executive compensation is a notable strength.

In terms of transparency, the consistent filing of IRS Form 990s over 13 periods is commendable, providing a historical record of financial activity. However, the NTEE code being unknown limits the ability to benchmark against similar organizations. The financial data, particularly the recurring deficits and the asset-liability imbalance, suggests a need for greater clarity on how the organization manages its financial health and ensures its long-term viability.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.