Is St Mary Advocates Inc Legit?

Strengths

Consistent revenue growth, from $29,314 in 2020 to $268,566 in 2023.
Zero reported liabilities across all filings, indicating strong financial health and no debt.
Significant asset accumulation, growing from $100,468 in 2020 to $267,428 in 2023.
Expenses consistently lower than revenue, demonstrating effective financial management (e.g., $196,001 expenses vs. $268,566 revenue in 2023).

Spending Breakdown

How St Mary Advocates Inc allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

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 Mary Advocates Inc

Is St Mary Advocates Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, St Mary Advocates Inc (EIN: 208818655) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.

Is St Mary Advocates Inc a good charity to donate to?

St Mary Advocates Inc has a Mission Score of 85/100. Revenue: $337K. Assets: $336K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for St Mary Advocates Inc?

The Employer Identification Number (EIN) for St Mary Advocates Inc is 208818655. 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 Mary Advocates Inc spend its money?

St Mary Advocates Inc allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify St Mary Advocates Inc's tax-exempt status?

You can verify St Mary Advocates Inc's tax-exempt status using EIN 208818655 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 Mary Advocates Inc demonstrates a consistent pattern of growth in revenue and assets over the past several years, indicating a stable financial trajectory. For instance, revenue grew from $29,314 in 2020 to $268,566 in 2023, and assets increased from $100,468 to $267,428 in the same period. The organization consistently reports zero liabilities, which is a strong indicator of financial health and prudent management, as it suggests no outstanding debts or obligations.

The organization's spending efficiency appears strong, with expenses generally well below revenue, allowing for asset accumulation. For example, in 2023, expenses were $196,001 against revenues of $268,566. A key aspect of their financial management is the reported 0% officer compensation across all available filings, which suggests that leadership is either volunteer-based or compensated through other means not categorized as officer compensation, potentially maximizing funds for programmatic use. This practice, while beneficial for program spending, could also raise questions about the sustainability of leadership without direct compensation.

Transparency is generally good given the consistent filing of IRS Form 990s. The absence of officer compensation simplifies the analysis of executive pay, removing a common area of concern for nonprofits. However, without a detailed functional expense breakdown (which is not provided in the summary data), it's challenging to precisely determine the exact percentages allocated to programs, administration, and fundraising. The overall financial picture suggests a well-managed organization with a focus on building its asset base and operating without debt.

Verdict: St Mary Advocates Inc appears trustworthy

Red Flags