Quick charity verification for Mount Royal Academy Inc (EIN: 20472455)
Verdict: Mount Royal Academy Inc appears trustworthy
90/100Mission Score
$2.1MRevenue
$853KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent revenue generation exceeding expenses in most recent years (e.g., 2023 revenue $1,914,485 vs. expenses $1,881,395).
Significant asset growth over the past decade (from $120,418 in 2014 to $775,750 in 2023).
No reported officer compensation across all 13 filings, indicating high efficiency and mission focus.
Healthy financial reserves with assets significantly exceeding liabilities (e.g., 2023 assets $775,750 vs. liabilities $120,900).
Consistent IRS 990 filing history demonstrating transparency.
Spending Breakdown
How Mount Royal Academy 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 Mount Royal Academy Inc
Is Mount Royal Academy Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Mount Royal Academy Inc (EIN: 20472455) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
Is Mount Royal Academy Inc a good charity to donate to?
Mount Royal Academy Inc has a Mission Score of 90/100. Revenue: $2.1M. Assets: $853K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Mount Royal Academy Inc?
The Employer Identification Number (EIN) for Mount Royal Academy Inc is 20472455. 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 Mount Royal Academy Inc spend its money?
Mount Royal Academy Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Mount Royal Academy Inc's tax-exempt status?
You can verify Mount Royal Academy Inc's tax-exempt status using EIN 20472455 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
Mount Royal Academy Inc. demonstrates consistent financial operations, with revenues generally exceeding expenses in recent years, contributing to a steady growth in assets. For instance, in 2023, revenue was $1,914,485 against expenses of $1,881,395, leading to an increase in net assets. The organization's assets have grown significantly from $120,418 in 2014 to $775,750 in 2023, indicating sound financial management and accumulation of resources. The absence of reported officer compensation across all available filings suggests a high degree of financial efficiency and a focus on mission-related spending, which is a strong indicator of transparency and good governance.
The organization appears to be financially stable, with a healthy balance sheet. Liabilities have been managed effectively, showing fluctuations but generally remaining at a manageable level relative to assets. For example, in 2023, liabilities were $120,900 against assets of $775,750. This financial prudence, combined with consistent revenue generation, positions Mount Royal Academy Inc. well for sustained operations and program delivery. The consistent filing of IRS 990 forms over 13 periods also reflects a commitment to transparency and accountability.