Is St Thomas Legacy Foundation Legit? —…

Strengths

Consistent low expenses relative to revenue in recent years (e.g., 2023 expenses $59,729 vs. revenue $145,166).
Zero reported officer compensation across all filings, indicating high efficiency and dedication to mission.
Healthy and growing asset base ($766,447 in 2023) with no reported liabilities in recent years.
Consistent filing of IRS Form 990s over 14 periods, demonstrating transparency.

Spending Breakdown

How St Thomas Legacy Foundation allocates its funds across programs, administration, and fundraising.

90%

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 Thomas Legacy Foundation

Is St Thomas Legacy Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, St Thomas Legacy Foundation (EIN: 203147902) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 4 strengths noted.

Is St Thomas Legacy Foundation a good charity to donate to?

St Thomas Legacy Foundation has a Mission Score of 92/100. Revenue: $549K. Assets: $1.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for St Thomas Legacy Foundation?

The Employer Identification Number (EIN) for St Thomas Legacy Foundation is 203147902. 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 Thomas Legacy Foundation spend its money?

St Thomas Legacy Foundation allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify St Thomas Legacy Foundation's tax-exempt status?

You can verify St Thomas Legacy Foundation's tax-exempt status using EIN 203147902 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 Thomas Legacy Foundation demonstrates a consistent pattern of low expenses relative to revenue in most recent years, indicating efficient operations. For example, in 2023, expenses were $59,729 against $145,166 in revenue, and in 2022, expenses were $47,558 against $139,624 in revenue. The organization has maintained a healthy asset base, growing from $366,031 in 2014 to $766,447 in 2023, with no reported liabilities in recent filings, suggesting strong financial stability and responsible management of resources. The absence of officer compensation further enhances its transparency and commitment to mission-focused spending.

However, there were notable periods of significant expense spikes, particularly in 2014 where expenses were $5,721,350 against $1,046,879 in revenue, and in 2020 where expenses ($169,721) exceeded revenue ($61,601). While these could be due to specific project expenditures or investment activities, without detailed program spending breakdowns, it's difficult to fully assess the efficiency during these periods. The overall trend in recent years points to a financially sound and prudently managed organization.

The foundation's consistent filing of IRS Form 990s over 14 periods, coupled with zero reported officer compensation across all available filings, indicates a high level of transparency regarding its financial operations and a commitment to minimizing administrative overhead. The lack of liabilities in recent years further strengthens its financial health and reduces potential risks.

Is St Thomas Legacy Foundation Legit?

Verdict: St Thomas Legacy Foundation appears trustworthy

Red Flags