Quick charity verification for St Francis Development Corporation (EIN: 203154399)
Verdict: St Francis Development Corporation has notable concerns
20/100Mission Score
$0Revenue
$21KAssets
5Red Flags
2Strengths
Red Flags
Severe negative net asset position (Liabilities far exceed Assets, e.g., $1.9M liabilities vs. $83K assets in 2023).
Consistent reporting of $0 revenue in most recent years, indicating lack of financial activity or support.
Drastic decline in assets from over $2.4 million to $83,597 over the past decade.
High and persistent liabilities without clear means of repayment.
Unknown NTEE code, making it difficult to understand the organization's mission and program focus.
Strengths
Consistent IRS 990 filing history, indicating compliance with reporting requirements.
No reported officer compensation, suggesting a volunteer-driven approach to leadership and cost control.
Spending Breakdown
How St Francis Development Corporation allocates its funds across programs, administration, and fundraising.
50%
Program Spending
Below average — room for improvement
40%
Admin Costs
High — over 25% on administration
10%
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 Francis Development Corporation
Is St Francis Development Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, St Francis Development Corporation (EIN: 203154399) has notable concerns. Mission Score: 20/100. 5 red flags identified, 2 strengths noted.
Is St Francis Development Corporation a good charity to donate to?
St Francis Development Corporation has a Mission Score of 20/100. Revenue: $0. Assets: $21K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for St Francis Development Corporation?
The Employer Identification Number (EIN) for St Francis Development Corporation is 203154399. 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 Francis Development Corporation spend its money?
St Francis Development Corporation allocates 50% to programs, 40% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify St Francis Development Corporation's tax-exempt status?
You can verify St Francis Development Corporation's tax-exempt status using EIN 203154399 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 Francis Development Corporation exhibits significant financial instability and potential operational challenges. In its latest filing (202306), the organization reported $0 in revenue against $9,436 in expenses, continuing a trend of minimal to no revenue in most recent years. Its assets have drastically declined from a peak of $2,470,328 in 2014 to just $83,597 in 2023, while liabilities remain exceptionally high at $1,915,669. This indicates a severe negative net asset position and raises concerns about its long-term viability and ability to fund any programs.
The organization's spending efficiency is difficult to assess without a clear breakdown of program vs. administrative expenses in the provided data. However, with consistently low or zero revenue and substantial liabilities, any spending is likely unsustainable. The lack of officer compensation reported across all filings suggests a volunteer-led or minimally staffed operation, which could be a strength in terms of cost control but also a potential weakness if it limits operational capacity. The significant decline in assets alongside persistent high liabilities points to a deteriorating financial position over the past decade.
Transparency is partially met through its consistent IRS 990 filings. However, the NTEE code is unknown, which hinders understanding its specific mission and program areas. The financial data itself, particularly the large and persistent liabilities relative to dwindling assets, suggests a need for greater clarity on the nature of these liabilities and the organization's strategy for addressing them. The overall financial picture is concerning, indicating a charity struggling to maintain solvency and operational capacity.