Is St Charles Borromeo Educationalfoundation Legit?
Quick charity verification for St Charles Borromeo Educationalfoundation (EIN: 204505316)
Verdict: St Charles Borromeo Educationalfoundation appears trustworthy
95/100Mission Score
$2.0MRevenue
$18.1MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent asset growth, increasing from $11.88M in 2014 to $17.34M in 2023.
Extremely low expense ratio relative to revenue (e.g., 2023 expenses were 46% of revenue, but much lower in prior years like 2019 at 23%).
Zero officer compensation reported across all filings, indicating volunteer leadership.
No reported liabilities in any filing period, demonstrating strong financial stability.
Strong financial health with a significant and growing endowment to support its mission.
Spending Breakdown
How St Charles Borromeo Educationalfoundation 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 St Charles Borromeo Educationalfoundation
Is St Charles Borromeo Educationalfoundation a legitimate charity?
Based on AI analysis of IRS 990 filings, St Charles Borromeo Educationalfoundation (EIN: 204505316) appears trustworthy. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
Is St Charles Borromeo Educationalfoundation a good charity to donate to?
St Charles Borromeo Educationalfoundation has a Mission Score of 95/100. Revenue: $2.0M. Assets: $18.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for St Charles Borromeo Educationalfoundation?
The Employer Identification Number (EIN) for St Charles Borromeo Educationalfoundation is 204505316. 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 Charles Borromeo Educationalfoundation spend its money?
St Charles Borromeo Educationalfoundation allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify St Charles Borromeo Educationalfoundation's tax-exempt status?
You can verify St Charles Borromeo Educationalfoundation's tax-exempt status using EIN 204505316 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 Charles Borromeo Educationalfoundation demonstrates strong financial health and a clear commitment to its mission, as evidenced by its consistent growth in assets and efficient spending. Over the past decade, the organization's assets have steadily increased from $11.88 million in 2014 to $17.34 million in 2023, indicating sound financial management and investment strategies. The foundation consistently spends a very low percentage of its revenue on expenses, with expenses ranging from approximately 20% to 40% of revenue in recent years. For example, in 2023, expenses were $415,313 against revenue of $897,614, suggesting a significant portion of revenue is retained or invested, likely for long-term endowment growth to support its educational mission.
The organization's spending efficiency is exceptional, with no reported officer compensation across all available filings, which is a strong indicator of volunteer leadership and a focus on maximizing resources for its stated purpose. While a detailed breakdown of program, administrative, and fundraising expenses isn't explicitly provided in the summary data, the overall low expense ratio relative to revenue implies that the majority of operational costs are either minimal or directly tied to program support. The absence of liabilities in all reported periods further underscores a robust and risk-averse financial position, contributing to high transparency and accountability.
Given the NTEE code X11 (Foundations, Grantmaking & Giving), the primary 'program' activity is likely grantmaking or endowment management to support educational initiatives. The consistent growth in assets and minimal expenses suggest that the foundation is effectively building its capacity to provide long-term support. The lack of officer compensation is a significant positive for transparency and efficiency, indicating that the organization is run with a strong volunteer ethos.