Is St Marys Manor For Senior Citizen Housing Development Fund Company I Legit?
Quick charity verification for St Marys Manor For Senior Citizen Housing Development Fund Company I (EIN: 112565791)
Verdict: St Marys Manor For Senior Citizen Housing Development Fund Company I appears trustworthy
90/100Mission Score
$4.2MRevenue
$13.0MAssets
2Red Flags
5Strengths
Red Flags
Unknown NTEE Code makes it difficult to benchmark against similar organizations.
Consistent 0% officer compensation is unusual for an organization of this size and could indicate an alternative management structure not fully detailed in the 990.
Strengths
Strong program spending, as evidenced by the significant surplus of revenue over expenses.
Consistent revenue growth over the past decade, from $2,257,139 in 2014 to $3,984,907 in 2023.
Healthy asset growth, increasing from $8,187,999 in 2014 to $11,728,761 in 2023.
Zero reported officer compensation, indicating a high dedication of funds to the mission.
Positive net assets (Assets minus Liabilities) consistently increasing, showing strong financial health.
Spending Breakdown
How St Marys Manor For Senior Citizen Housing Development Fund Company I allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 Manor For Senior Citizen Housing Development Fund Company I
Is St Marys Manor For Senior Citizen Housing Development Fund Company I a legitimate charity?
Based on AI analysis of IRS 990 filings, St Marys Manor For Senior Citizen Housing Development Fund Company I (EIN: 112565791) appears trustworthy. Mission Score: 90/100. 2 red flags identified, 5 strengths noted.
Is St Marys Manor For Senior Citizen Housing Development Fund Company I a good charity to donate to?
St Marys Manor For Senior Citizen Housing Development Fund Company I has a Mission Score of 90/100. Revenue: $4.2M. Assets: $13.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for St Marys Manor For Senior Citizen Housing Development Fund Company I?
The Employer Identification Number (EIN) for St Marys Manor For Senior Citizen Housing Development Fund Company I is 112565791. 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 Manor For Senior Citizen Housing Development Fund Company I spend its money?
St Marys Manor For Senior Citizen Housing Development Fund Company I allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify St Marys Manor For Senior Citizen Housing Development Fund Company I's tax-exempt status?
You can verify St Marys Manor For Senior Citizen Housing Development Fund Company I's tax-exempt status using EIN 112565791 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 Manor For Senior Citizen Housing Development Fund Company I demonstrates consistent financial stability and growth, primarily operating as a housing provider for seniors. Over the past decade, the organization has shown a steady increase in both revenue and assets, with revenue growing from $2,257,139 in 2014 to $3,984,907 in 2023, and assets expanding from $8,187,999 to $11,728,761 in the same period. This indicates effective management of its housing operations and a healthy financial trajectory.
The organization consistently spends a significant portion of its expenses on program services, as evidenced by the substantial difference between total revenue and total expenses, suggesting efficient use of funds for its mission. For instance, in 2023, with revenues of $3,984,907 and expenses of $2,400,662, a considerable surplus was generated, which likely contributes to asset growth and long-term sustainability. The absence of reported officer compensation further enhances its transparency and commitment to directing resources towards its primary purpose.
While the NTEE code is unknown, the organization's name clearly indicates its focus on senior citizen housing. The consistent financial performance, coupled with zero reported officer compensation, suggests a well-managed and mission-focused entity. The increasing asset base and consistent revenue growth point to a financially healthy organization capable of sustaining and potentially expanding its services to senior citizens.