Quick charity verification for Our Lady Of Mercy Apartment Inc (EIN: 201938118)
Verdict: Our Lady Of Mercy Apartment Inc appears trustworthy
85/100Mission Score
$170KRevenue
$766KAssets
1Red Flags
4Strengths
Red Flags
Expenses frequently exceed revenue, potentially relying on reserves or other income sources to cover operational costs (e.g., 202406: $181,633 expenses vs. $156,752 revenue).
Strengths
Consistent 0% officer compensation across all filings, indicating strong dedication and efficient use of funds.
Maintains a healthy asset base (e.g., $787,878 in 202406) relative to its operational size.
Consistently low liabilities (e.g., $32,430 in 202406), demonstrating strong financial management and minimal debt.
Long history of consistent IRS 990 filings (13 filings), indicating good transparency and compliance.
Spending Breakdown
How Our Lady Of Mercy Apartment Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
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 Our Lady Of Mercy Apartment Inc
Is Our Lady Of Mercy Apartment Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Our Lady Of Mercy Apartment Inc (EIN: 201938118) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Our Lady Of Mercy Apartment Inc a good charity to donate to?
Our Lady Of Mercy Apartment Inc has a Mission Score of 85/100. Revenue: $170K. Assets: $766K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Our Lady Of Mercy Apartment Inc?
The Employer Identification Number (EIN) for Our Lady Of Mercy Apartment Inc is 201938118. 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 Our Lady Of Mercy Apartment Inc spend its money?
Our Lady Of Mercy Apartment Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Our Lady Of Mercy Apartment Inc's tax-exempt status?
You can verify Our Lady Of Mercy Apartment Inc's tax-exempt status using EIN 201938118 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
Our Lady Of Mercy Apartment Inc, operating with an NTEE code of L21 (Housing, Shelter), demonstrates consistent financial activity focused on its mission. Over the past decade, the organization has maintained a relatively stable revenue stream, averaging around $120,000-$170,000 annually. While expenses have frequently exceeded revenue, as seen in the 202406 period where expenses were $181,633 against revenues of $156,752, the organization maintains a healthy asset base, with assets consistently above $750,000. This suggests a reliance on accumulated reserves or other non-operating income to cover operational deficits in some years. The organization's liabilities are consistently low, indicating good financial management and minimal debt burden.
The organization's transparency is bolstered by its consistent filing of IRS Form 990s, with 13 filings available, demonstrating a commitment to public disclosure. A significant positive indicator is the 0% officer compensation reported across all available filings, suggesting that the organization's leadership is either volunteer-based or compensated through other means not classified as officer compensation, which can be a sign of strong dedication to mission and efficient use of funds. However, without a detailed breakdown of expenses, it's challenging to fully assess spending efficiency beyond the lack of executive compensation.
Overall, Our Lady Of Mercy Apartment Inc appears to be a financially stable organization with a long history of operation. Its consistent asset base, low liabilities, and lack of reported officer compensation are positive signs. Further analysis would benefit from a detailed breakdown of program, administrative, and fundraising expenses to fully evaluate spending efficiency and program impact.