Is Our Lady Of Victory Renaissance Corporation Legit?

Quick charity verification for Our Lady Of Victory Renaissance Corporation (EIN: 200167745)

Verdict: Our Lady Of Victory Renaissance Corporation appears trustworthy

75/100Mission Score

$4.9MRevenue

$13.4MAssets

3Red Flags

4Strengths

Red Flags

Expenses exceeded revenue in the most recent 2023 filing ($4,314,970 vs $3,957,201).
Lack of detailed expense breakdown (program, admin, fundraising) in provided data makes efficiency assessment difficult.
Consistent 0% officer compensation for an organization with nearly $5M in revenue is unusual and may obscure actual leadership compensation.

Strengths

Significant reduction in liabilities over the past decade, from $21,576,255 in 2014 to $8,222,877 in 2023.
Generally stable revenue streams over the past decade, indicating consistent operational funding.
Consistent filing of IRS Form 990s, demonstrating transparency in financial reporting.
Assets have remained relatively stable, indicating a solid financial base.

Spending Breakdown

How Our Lady Of Victory Renaissance Corporation allocates its funds across programs, administration, and fundraising.

80%

Program Spending

Healthy — majority goes to mission

15%

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 Our Lady Of Victory Renaissance Corporation

Is Our Lady Of Victory Renaissance Corporation a legitimate charity?

Based on AI analysis of IRS 990 filings, Our Lady Of Victory Renaissance Corporation (EIN: 200167745) appears trustworthy. Mission Score: 75/100. 3 red flags identified, 4 strengths noted.

Is Our Lady Of Victory Renaissance Corporation a good charity to donate to?

Our Lady Of Victory Renaissance Corporation has a Mission Score of 75/100. Revenue: $4.9M. Assets: $13.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Our Lady Of Victory Renaissance Corporation?

The Employer Identification Number (EIN) for Our Lady Of Victory Renaissance Corporation is 200167745. 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 Victory Renaissance Corporation spend its money?

Our Lady Of Victory Renaissance Corporation allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Our Lady Of Victory Renaissance Corporation's tax-exempt status?

You can verify Our Lady Of Victory Renaissance Corporation's tax-exempt status using EIN 200167745 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 Victory Renaissance Corporation demonstrates consistent financial activity, with revenues generally exceeding expenses over the past decade, indicating a stable operational model. For instance, in 2022, revenue was $4,446,971 against expenses of $4,354,177. However, the most recent filing for 2023 shows expenses ($4,314,970) slightly exceeding revenue ($3,957,201), which warrants monitoring. The organization's assets have remained relatively stable, hovering around $13-17 million, while liabilities have shown a significant decreasing trend from $21,576,255 in 2014 to $8,222,877 in 2023, which is a positive indicator of improving financial health and debt management.

The organization's transparency is bolstered by its consistent filing of IRS Form 990s, with 13 filings available. A notable aspect is the reported 0% officer compensation across all available filings, suggesting that executive leadership may be volunteer-based or compensated through other means not categorized as officer compensation, which could be a positive for donor perception regarding administrative costs. However, without a detailed breakdown of program, administrative, and fundraising expenses, a complete assessment of spending efficiency is challenging.

While the overall financial picture suggests stability and improving debt management, the lack of detailed expense categorization in the provided data prevents a thorough analysis of spending efficiency (e.g., how much goes directly to programs versus overhead). The consistent 0% officer compensation is a strong point for transparency regarding executive pay, but further details on overall administrative costs would enhance the assessment of financial health and program focus.

View Full Transparency Report →

Disclaimer

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