Is Padre Pio Academy Legit?

Quick charity verification for Padre Pio Academy (EIN: 161662224)

Verdict: Padre Pio Academy appears trustworthy

90/100Mission Score
$1.0MRevenue
$1.0MAssets
0Red Flags
5Strengths

No red flags identified.

Strengths

AI Transparency Report

Padre Pio Academy demonstrates a strong and improving financial trajectory, particularly in its most recent filing period. In 2023, the organization reported revenue of $1,301,464 against expenses of $551,964, indicating a significant surplus that has contributed to a substantial increase in assets to $756,936 from just $24,750 in 2022. This growth suggests effective financial management and fundraising. The consistent reporting of 0% officer compensation across all available filings is a notable strength, indicating a high degree of financial transparency and a commitment to directing funds towards the organization's mission rather than executive salaries. While detailed spending breakdowns for programs, administration, and fundraising are not explicitly provided in the summary data, the overall financial health appears robust, with a positive trend in asset accumulation and a history of operating with minimal liabilities in recent years.

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Disclaimer

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

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