Is Saint Barnabas Realty Development Corporation Legit?
Quick charity verification for Saint Barnabas Realty Development Corporation (EIN: 222940008)
Verdict: Saint Barnabas Realty Development Corporation shows mixed signals
45/100Mission Score
$5.7MRevenue
$61.6MAssets
4Red Flags
1Strengths
Red Flags
Consistent 0% program service expenses suggest the entity does not directly engage in charitable programs, acting more as a support or holding company.
Total liabilities significantly outweigh total assets across all reported years, indicating a precarious financial position.
Net assets have been consistently negative, with a net deficit of over $56 million in 2023 ($52,437,238 assets - $108,590,201 liabilities).
Expenses consistently exceed revenue, leading to a net loss in most reported years (e.g., $6,581,105 expenses vs. $5,182,291 revenue in 2023).
Strengths
The organization has maintained operations for many years despite significant financial challenges, suggesting underlying support or strategic importance within a larger system.
Spending Breakdown
How Saint Barnabas Realty Development Corporation allocates its funds across programs, administration, and fundraising.
0%
Program Spending
Concerning — less than half to programs
100%
Admin Costs
High — over 25% on administration
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 Saint Barnabas Realty Development Corporation
Is Saint Barnabas Realty Development Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Saint Barnabas Realty Development Corporation (EIN: 222940008) shows mixed signals. Mission Score: 45/100. 4 red flags identified, 1 strength noted.
Is Saint Barnabas Realty Development Corporation a good charity to donate to?
Saint Barnabas Realty Development Corporation has a Mission Score of 45/100. Revenue: $5.7M. Assets: $61.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Saint Barnabas Realty Development Corporation?
The Employer Identification Number (EIN) for Saint Barnabas Realty Development Corporation is 222940008. 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 Saint Barnabas Realty Development Corporation spend its money?
Saint Barnabas Realty Development Corporation allocates 0% to programs, 100% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Saint Barnabas Realty Development Corporation's tax-exempt status?
You can verify Saint Barnabas Realty Development Corporation's tax-exempt status using EIN 222940008 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
Saint Barnabas Realty Development Corporation is a health care nonprofit based in Oceanport, New Jersey, with reported revenue of $5.7M and assets of $61.6M. Our AI analysis assigns a Mission Score of 45/100 (Fair). Executive compensation cannot be assessed from the provided data, as the filings indicate 0% program service expenses and do not detail individual salaries. Revenue has grown +39% across 13 filing periods.