Is St Marys Foundation For Children Legit?…

Quick charity verification for St Marys Foundation For Children (EIN: 112728736)

Strengths

Significant asset growth from $8,124,087 in 2014 to $51,793,274 in 2023, demonstrating strong financial accumulation.
Consistent revenue surpluses over expenses in recent years (2021-2023), indicating sound financial management and sustainability.
No reported officer compensation across all 13 filings, suggesting a high potential for funds to be directed towards mission-related activities.
Consistent filing of IRS Form 990s, indicating a commitment to transparency and public accountability.

Spending Breakdown

How St Marys Foundation For Children 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 Marys Foundation For Children

Is St Marys Foundation For Children a legitimate charity?

Based on AI analysis of IRS 990 filings, St Marys Foundation For Children (EIN: 112728736) appears trustworthy. Mission Score: 88/100. 2 red flags identified, 4 strengths noted.

Is St Marys Foundation For Children a good charity to donate to?

St Marys Foundation For Children has a Mission Score of 88/100. Revenue: $23.4M. Assets: $57.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for St Marys Foundation For Children?

The Employer Identification Number (EIN) for St Marys Foundation For Children is 112728736. 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 Marys Foundation For Children spend its money?

St Marys Foundation For Children allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify St Marys Foundation For Children's tax-exempt status?

You can verify St Marys Foundation For Children's tax-exempt status using EIN 112728736 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 Marys Foundation For Children demonstrates a generally stable financial position, with assets consistently exceeding liabilities in recent years, indicating solvency. The organization has shown a positive trend in revenue and a healthy surplus of revenue over expenses in its latest filings (2023 and 2022), suggesting effective financial management. For instance, in 2023, revenue was $5,190,007 against expenses of $2,507,083, resulting in a significant surplus. However, earlier periods (2014-2020) frequently showed expenses exceeding revenue, which could indicate past operational challenges or strategic investments.

The organization's spending efficiency appears strong, particularly given the reported 0% officer compensation across all available filings. This suggests that a substantial portion of funds is likely directed towards programmatic activities rather than executive salaries. While a detailed breakdown of program, administrative, and fundraising expenses isn't provided in the summary data, the absence of officer compensation is a positive indicator for donor confidence. The consistent growth in assets, from $8,124,087 in 2014 to $51,793,274 in 2023, further underscores its financial growth and capacity.

Transparency is positively impacted by the consistent filing of IRS Form 990s, with 13 filings available, demonstrating a commitment to public disclosure. The lack of reported officer compensation across all filings is a notable aspect of its financial transparency, as it indicates either a volunteer-led executive team or compensation structures that do not fall under 'officer compensation' as reported on the 990, which would warrant further investigation for complete understanding. Overall, the foundation appears to be in a robust financial state with good fiscal discipline.

Is St Marys Foundation For Children Legit?

Verdict: St Marys Foundation For Children appears trustworthy

Red Flags