Is St Nicholas Endowment Foundation Inc…

Quick charity verification for St Nicholas Endowment Foundation Inc (EIN: 203757062)

Spending Breakdown

How St Nicholas Endowment Foundation Inc allocates its funds across programs, administration, and fundraising.

70%

Program Spending

Below average — room for improvement

20%

Admin Costs

Reasonable — admin costs in check

10%

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 Nicholas Endowment Foundation Inc

Is St Nicholas Endowment Foundation Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, St Nicholas Endowment Foundation Inc (EIN: 203757062) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.

Is St Nicholas Endowment Foundation Inc a good charity to donate to?

St Nicholas Endowment Foundation Inc has a Mission Score of 65/100. Revenue: $37K. Assets: $521K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for St Nicholas Endowment Foundation Inc?

The Employer Identification Number (EIN) for St Nicholas Endowment Foundation Inc is 203757062. 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 Nicholas Endowment Foundation Inc spend its money?

St Nicholas Endowment Foundation Inc allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify St Nicholas Endowment Foundation Inc's tax-exempt status?

You can verify St Nicholas Endowment Foundation Inc's tax-exempt status using EIN 203757062 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 Nicholas Endowment Foundation Inc exhibits a mixed financial picture. While the organization consistently maintains zero liabilities, indicating strong financial solvency, its revenue generation has been inconsistent, fluctuating significantly year-over-year (e.g., $63,796 in 2016 vs. $2,549 in 2015). The most recent filing (2022) shows expenses ($81,854) significantly exceeding revenue ($37,128), leading to a substantial net loss for the period. This trend of expenses sometimes far outstripping revenue, as seen in 2022 and 2015, raises questions about long-term operational sustainability if not supported by prior surpluses or endowment drawdowns.

The organization's spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which is not provided in the summary data. However, the absence of officer compensation across all reported years suggests a volunteer-driven leadership, which can be a positive indicator of resource allocation towards mission. The foundation's assets have generally grown over time, from $271,574 in 2013 to $520,539 in 2022, despite some fluctuations, indicating a stable asset base. Transparency appears adequate given the consistent filing of IRS Form 990s, but more detailed financial reporting would enhance understanding of their operational efficiency.

Overall, St Nicholas Endowment Foundation Inc appears to be a financially stable entity in terms of assets and lack of debt, but its operational financial health is characterized by volatile revenue and occasional significant deficits. The lack of officer compensation is a notable positive, suggesting resources are not being diverted to high executive salaries. Further detail on expense allocation would be beneficial for a complete assessment of spending efficiency.

Is St Nicholas Endowment Foundation Inc Legit?

Verdict: St Nicholas Endowment Foundation Inc shows mixed signals

Red Flags

Strengths