Is Saint Katharine Drexel Retirementcenter Inc Legit?
Quick charity verification for Saint Katharine Drexel Retirementcenter Inc (EIN: 205171436)
Verdict: Saint Katharine Drexel Retirementcenter Inc appears trustworthy
85/100Mission Score
$3.9MRevenue
$6.6MAssets
2Red Flags
4Strengths
Red Flags
Gradual decline in total assets over the past decade, from $7,660,486 in 201406 to $6,609,030 in 202306.
Consistent high liabilities relative to assets, with liabilities often exceeding 80% of assets, indicating significant debt or long-term obligations.
Strengths
Consistent reporting of 0% officer compensation across all 13 available filings, indicating strong financial efficiency and dedication to mission.
Long history of IRS 990 filings (13 filings), demonstrating transparency and compliance.
Revenues generally cover expenses, indicating sustainable operations despite occasional small deficits.
Maintains a substantial asset base of over $6.5 million to support its retirement center operations.
Spending Breakdown
How Saint Katharine Drexel Retirementcenter 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 Saint Katharine Drexel Retirementcenter Inc
Is Saint Katharine Drexel Retirementcenter Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Saint Katharine Drexel Retirementcenter Inc (EIN: 205171436) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Saint Katharine Drexel Retirementcenter Inc a good charity to donate to?
Saint Katharine Drexel Retirementcenter Inc has a Mission Score of 85/100. Revenue: $3.9M. Assets: $6.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Saint Katharine Drexel Retirementcenter Inc?
The Employer Identification Number (EIN) for Saint Katharine Drexel Retirementcenter Inc is 205171436. 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 Katharine Drexel Retirementcenter Inc spend its money?
Saint Katharine Drexel Retirementcenter Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Saint Katharine Drexel Retirementcenter Inc's tax-exempt status?
You can verify Saint Katharine Drexel Retirementcenter Inc's tax-exempt status using EIN 205171436 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 Katharine Drexel Retirementcenter Inc demonstrates consistent financial operations, with revenues generally keeping pace with expenses over the past decade. In the most recent filing (202306), the organization reported revenues of $3,366,365 against expenses of $3,498,898, indicating a slight deficit for the period. This trend of expenses closely matching or slightly exceeding revenue is observable in several past years, such as 202206 and 201806. The organization's assets have shown a gradual decline from $7,660,486 in 201406 to $6,609,030 in 202306, while liabilities have remained substantial, ranging from $5,713,687 to $6,916,986. This suggests a reliance on debt or long-term obligations to support its operations and assets.
The organization's spending efficiency appears to be focused on its core mission, given the nature of a retirement center. The consistent reporting of 0% officer compensation across all available filings indicates a strong commitment to directing funds towards services rather than executive salaries, which is a positive sign for donors. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency is challenging. The organization's consistent filing of IRS Form 990s over 13 periods demonstrates a commitment to regulatory transparency.