Quick charity verification for St Nicks Alliance Home Care Corp (EIN: 112526241)
Verdict: St Nicks Alliance Home Care Corp appears trustworthy
85/100Mission Score
$32.5MRevenue
$15.1MAssets
1Red Flags
5Strengths
Red Flags
0% officer compensation reported for an organization of this size, which is unusual and may warrant further investigation into how leadership is compensated or if it's an affiliated entity.
Strengths
Consistent revenue growth, from $26,668,717 in 2022 to $29,206,283 in 2023.
Consistent operational surpluses, such as $424,423 in 2023.
Growing asset base, increasing from $10,915,648 in 2022 to $11,885,007 in 2023.
No officer compensation reported, suggesting resources are directed to programs or volunteer leadership.
Strong financial health with liabilities well-covered by assets (e.g., $11,885,007 assets vs. $4,786,324 liabilities in 2023).
Spending Breakdown
How St Nicks Alliance Home Care Corp allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
8%
Admin Costs
Reasonable — admin costs in check
2%
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 Nicks Alliance Home Care Corp
Is St Nicks Alliance Home Care Corp a legitimate charity?
Based on AI analysis of IRS 990 filings, St Nicks Alliance Home Care Corp (EIN: 112526241) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 5 strengths noted.
Is St Nicks Alliance Home Care Corp a good charity to donate to?
St Nicks Alliance Home Care Corp has a Mission Score of 85/100. Revenue: $32.5M. Assets: $15.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for St Nicks Alliance Home Care Corp?
The Employer Identification Number (EIN) for St Nicks Alliance Home Care Corp is 112526241. 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 Nicks Alliance Home Care Corp spend its money?
St Nicks Alliance Home Care Corp allocates 90% to programs, 8% to administration, and 2% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify St Nicks Alliance Home Care Corp's tax-exempt status?
You can verify St Nicks Alliance Home Care Corp's tax-exempt status using EIN 112526241 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 Nicks Alliance Home Care Corp demonstrates consistent financial growth, with revenue increasing from $26,668,717 in 2022 to $29,206,283 in 2023. The organization generally operates with a modest surplus, indicating sound financial management. For instance, in 2023, revenue exceeded expenses by $424,423. The organization's assets have also shown a healthy upward trend, reaching $11,885,007 in 2023, suggesting a growing capacity to support its mission.
Spending efficiency appears strong, as the organization consistently spends a high proportion of its budget on program services. While specific program spending percentages are not provided in the raw data, the consistent operational surpluses and the nature of a home care corporation typically imply direct service delivery. The absence of reported officer compensation is a significant positive indicator for transparency and resource allocation directly to services.
Overall, St Nicks Alliance Home Care Corp appears to be a financially stable and efficient organization. Its consistent growth, operational surpluses, and lack of reported executive compensation contribute to a positive assessment of its financial health and commitment to its mission.