Quick charity verification for St Anns Corner Of Harm Reduction Inc (EIN: 133724008)
Verdict: St Anns Corner Of Harm Reduction Inc appears trustworthy
90/100Mission Score
$5.3MRevenue
$4.6MAssets
2Red Flags
5Strengths
Red Flags
Lack of detailed program, administrative, and fundraising expense breakdown in provided data, making precise spending efficiency difficult to ascertain.
Consistent 0% officer compensation for an organization of this size is unusual and might warrant further inquiry into how leadership is compensated or structured.
Strengths
Consistent and significant revenue growth, from $1,069,563 in 2014 to $4,271,047 in 2023.
Strong asset growth, increasing from $212,650 in 2014 to $3,119,415 in 2023, indicating financial stability.
Expenses generally align closely with revenue, suggesting efficient financial management (e.g., $4,274,533 expenses vs. $4,271,047 revenue in 2023).
Zero reported officer compensation across all filings, indicating a strong commitment to directing funds towards the mission.
Manageable liabilities relative to assets, with liabilities of $816,546 against assets of $3,119,415 in 2023.
Spending Breakdown
How St Anns Corner Of Harm Reduction Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
5%
Admin Costs
Reasonable — admin costs in check
5%
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 St Anns Corner Of Harm Reduction Inc
Is St Anns Corner Of Harm Reduction Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, St Anns Corner Of Harm Reduction Inc (EIN: 133724008) appears trustworthy. Mission Score: 90/100. 2 red flags identified, 5 strengths noted.
Is St Anns Corner Of Harm Reduction Inc a good charity to donate to?
St Anns Corner Of Harm Reduction Inc has a Mission Score of 90/100. Revenue: $5.3M. Assets: $4.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for St Anns Corner Of Harm Reduction Inc?
The Employer Identification Number (EIN) for St Anns Corner Of Harm Reduction Inc is 133724008. 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 St Anns Corner Of Harm Reduction Inc spend its money?
St Anns Corner Of Harm Reduction Inc allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify St Anns Corner Of Harm Reduction Inc's tax-exempt status?
You can verify St Anns Corner Of Harm Reduction Inc's tax-exempt status using EIN 133724008 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
St Anns Corner Of Harm Reduction Inc demonstrates a consistent pattern of growth in both revenue and assets over the past decade, indicating a stable and expanding operational capacity. For instance, revenue grew from $1,069,563 in 2014 to $4,271,047 in 2023, and assets increased from $212,650 to $3,119,415 in the same period. The organization generally operates with expenses closely aligned to revenue, as seen in 2023 where expenses were $4,274,533 against revenues of $4,271,047, suggesting efficient resource utilization without accumulating excessive surpluses or deficits. The consistent reporting of 0% officer compensation across all available filings is a significant indicator of financial transparency and a commitment to directing funds towards its mission rather than executive salaries.
While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the overall financial health appears robust. The organization's liabilities have remained manageable relative to its assets, with liabilities of $816,546 against assets of $3,119,415 in 2023, indicating a healthy balance sheet. The absence of reported officer compensation is a strong positive for transparency and public trust, as it suggests that leadership is either volunteer-based or compensated through other means not categorized as officer compensation on the 990, which would warrant further investigation for a complete picture.
Overall, St Anns Corner Of Harm Reduction Inc appears to be a financially sound organization with a strong growth trajectory and a commendable commitment to transparency regarding executive compensation. Its ability to manage expenses in line with increasing revenue, coupled with a growing asset base, points to a well-managed and sustainable operation. Further analysis of detailed expense categories would provide a more granular understanding of spending efficiency.