Quick charity verification for Our Lady Of Providence Vt Inc (EIN: 202710435)
Verdict: Our Lady Of Providence Vt Inc appears trustworthy
95/100Mission Score
$4.5MRevenue
$2.4MAssets
1Red Flags
4Strengths
Red Flags
Operating deficit in the most recent fiscal year (2023), with expenses exceeding revenue by $147,656.
Strengths
Consistent 0% officer compensation across all filings, indicating high efficiency in resource allocation.
Long-term growth in assets, from $813,473 in 2014 to $1,512,162 in 2023.
Consistent filing of IRS Form 990s over 13 periods, demonstrating strong transparency.
Revenues generally exceeding expenses in most years, indicating a stable financial model.
Spending Breakdown
How Our Lady Of Providence Vt 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 Providence Vt Inc
Is Our Lady Of Providence Vt Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Our Lady Of Providence Vt Inc (EIN: 202710435) appears trustworthy. Mission Score: 95/100. 1 red flag identified, 4 strengths noted.
Is Our Lady Of Providence Vt Inc a good charity to donate to?
Our Lady Of Providence Vt Inc has a Mission Score of 95/100. Revenue: $4.5M. Assets: $2.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Our Lady Of Providence Vt Inc?
The Employer Identification Number (EIN) for Our Lady Of Providence Vt Inc is 202710435. 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 Providence Vt Inc spend its money?
Our Lady Of Providence Vt 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 Providence Vt Inc's tax-exempt status?
You can verify Our Lady Of Providence Vt Inc's tax-exempt status using EIN 202710435 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 Providence Vt Inc demonstrates consistent financial activity, with revenues generally exceeding expenses over the past decade, indicating a stable operational model. For example, in 2022, revenue was $3,122,525 against expenses of $2,809,473. However, the most recent filing (2023) shows expenses ($3,355,340) slightly exceeding revenue ($3,207,684), resulting in a net deficit for that period. The organization's assets have shown a general upward trend, from $813,473 in 2014 to $1,512,162 in 2023, suggesting a growing financial base, although there was a dip in assets from 2022 to 2023.
Spending efficiency appears to be strong, as the organization consistently reports 0% officer compensation, indicating that all resources are directed towards programs and operational costs rather than executive salaries. This is a significant positive indicator for donor confidence. The organization's liabilities have remained relatively low compared to its assets, suggesting good financial management and limited reliance on debt.
Transparency is high given the consistent filing of IRS Form 990s over 13 periods, providing a clear historical financial record. The absence of officer compensation further simplifies financial scrutiny, as there are no complex executive pay structures to analyze. Overall, while the most recent year showed a slight deficit, the long-term trend points to a financially sound and efficiently managed organization.