Quick charity verification for St Michaels Home Inc (EIN: 131855431)
Verdict: St Michaels Home Inc appears trustworthy
92/100Mission Score
$4.5MRevenue
$49.9MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Significant asset growth from $10.5M in 2014 to $47.5M in 2023.
Consistent reporting of 0% officer compensation across all filings.
Stable and relatively low expenses compared to increasing revenue.
Strong revenue growth, especially in the most recent filing period ($14.5M in 2023).
Healthy financial reserves with assets significantly exceeding liabilities.
Spending Breakdown
How St Michaels Home 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
5%
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 Michaels Home Inc
Is St Michaels Home Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, St Michaels Home Inc (EIN: 131855431) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is St Michaels Home Inc a good charity to donate to?
St Michaels Home Inc has a Mission Score of 92/100. Revenue: $4.5M. Assets: $49.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for St Michaels Home Inc?
The Employer Identification Number (EIN) for St Michaels Home Inc is 131855431. 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 Michaels Home Inc spend its money?
St Michaels Home Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify St Michaels Home Inc's tax-exempt status?
You can verify St Michaels Home Inc's tax-exempt status using EIN 131855431 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 Michaels Home Inc demonstrates strong financial health, with its assets growing significantly from $10,539,181 in 2014 to $47,530,912 in 2023. The organization consistently reports zero officer compensation, which is a positive indicator of its commitment to directing resources towards its mission rather than executive salaries. Its revenue has shown substantial growth, particularly in the most recent filing period, jumping from $8,429,277 in 2022 to $14,503,103 in 2023, while expenses remained relatively stable around $1.8-$2 million annually. This suggests efficient operations and effective resource management.
The organization's spending efficiency appears robust, with expenses consistently being a small fraction of its revenue, especially in recent years. For instance, in 2023, expenses were $1,832,325 against revenue of $14,503,103, indicating a very high percentage of revenue is either retained or allocated to program services. The consistent reporting of zero officer compensation across all available filings enhances its transparency profile, as it clearly indicates that no top executives are drawing salaries from the organization. This practice aligns well with donor expectations for responsible financial stewardship.
While the provided data doesn't offer a detailed breakdown of program, administrative, and fundraising expenses, the overall financial picture suggests a well-managed organization with a strong capacity to grow its assets and maintain low operational costs relative to its income. The significant increase in assets and revenue, coupled with stable expenses and no reported officer compensation, points to a financially sound and mission-focused entity. Further detailed expense breakdowns would provide even greater insight into specific spending categories.