Is St George Theatre Restoration Inc Legit?

Quick charity verification for St George Theatre Restoration Inc (EIN: 200985637)

Verdict: St George Theatre Restoration Inc appears trustworthy

90/100Mission Score

$6.6MRevenue

$12.2MAssets

2Red Flags

4Strengths

Red Flags

Significant year-over-year revenue fluctuations, indicating potential instability in funding sources (e.g., $7.7M in 202206 to $4.6M in 202306).
Consistent 0% officer compensation might indicate a lack of transparency if executive duties are performed by compensated staff under other expense categories, or it could genuinely reflect a volunteer-led structure.

Strengths

Consistent growth in assets, nearly doubling from $5,082,647 in 201412 to $10,249,569 in 202306, demonstrating financial health.
Low liabilities relative to assets, indicating a strong balance sheet (e.g., $386,580 liabilities vs. $10,249,569 assets in 202306).
Zero reported officer compensation, suggesting a highly efficient use of funds for program services or a dedicated volunteer leadership.
Positive net income in most recent periods (e.g., $4,603,431 revenue vs. $4,247,944 expenses in 202306).

Spending Breakdown

How St George Theatre Restoration Inc allocates its funds across programs, administration, and fundraising.

85%

Program Spending

Healthy — majority goes to mission

10%

Admin Costs

Reasonable — admin costs in check

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 George Theatre Restoration Inc

Is St George Theatre Restoration Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, St George Theatre Restoration Inc (EIN: 200985637) appears trustworthy. Mission Score: 90/100. 2 red flags identified, 4 strengths noted.

Is St George Theatre Restoration Inc a good charity to donate to?

St George Theatre Restoration Inc has a Mission Score of 90/100. Revenue: $6.6M. Assets: $12.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for St George Theatre Restoration Inc?

The Employer Identification Number (EIN) for St George Theatre Restoration Inc is 200985637. 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 George Theatre Restoration Inc spend its money?

St George Theatre Restoration Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify St George Theatre Restoration Inc's tax-exempt status?

You can verify St George Theatre Restoration Inc's tax-exempt status using EIN 200985637 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 George Theatre Restoration Inc demonstrates a generally healthy financial position with fluctuating but often positive net revenue. For instance, in 202206, the organization reported revenue of $7,703,839 against expenses of $4,204,024, indicating a substantial surplus. While there have been periods of deficit, such as in 201906 where expenses ($5,017,570) exceeded revenue ($4,783,096), the overall trend shows growth in assets, from $5,082,647 in 201412 to $10,249,569 in 202306. The organization consistently reports 0% officer compensation, which is a strong indicator of transparency and a commitment to directing funds towards its mission rather than executive salaries. This practice suggests a volunteer-led or very lean executive structure, which can be highly efficient.

The organization's spending efficiency appears strong, particularly given the consistent reporting of zero officer compensation. This suggests that a significant portion of expenses is likely directed towards program services and operational costs directly related to the theatre's restoration and activities. The growth in assets over the past decade, nearly doubling, further supports a picture of sound financial management and reinvestment into the organization's mission. The relatively low liabilities in recent years, such as $386,580 in 202306 compared to assets of over $10 million, also indicate good financial stability and a low debt burden.

Overall, St George Theatre Restoration Inc exhibits good financial health, strong spending efficiency due to its executive compensation structure, and a high degree of transparency regarding its leadership's compensation. The consistent growth in assets and generally positive net income trends, despite some fluctuations, paint a picture of a well-managed nonprofit focused on its mission.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.