Is St Thomas More Academy Inc Legit? —…

Spending Breakdown

How St Thomas More Academy Inc allocates its funds across programs, administration, and fundraising.

80%

Program Spending

Healthy — majority goes to mission

15%

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 More Academy Inc

Is St Thomas More Academy Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, St Thomas More Academy Inc (EIN: 20624214) appears trustworthy. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.

Is St Thomas More Academy Inc a good charity to donate to?

St Thomas More Academy Inc has a Mission Score of 75/100. Revenue: $5.6M. Assets: $6.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for St Thomas More Academy Inc?

The Employer Identification Number (EIN) for St Thomas More Academy Inc is 20624214. 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 More Academy Inc spend its money?

St Thomas More Academy Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify St Thomas More Academy Inc's tax-exempt status?

You can verify St Thomas More Academy Inc's tax-exempt status using EIN 20624214 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 More Academy Inc has demonstrated fluctuating financial health over the past several years. While the organization reported a significant revenue of $4,608,355 in 2020, its most recent filing for the period ending June 2023 shows revenue at $1,822,859, with expenses exceeding revenue at $2,560,337, resulting in a deficit. This trend of expenses exceeding revenue is also observed in 2022 and 2023, indicating potential operational challenges or strategic investments.

The organization's assets have shown a general upward trend over the long term, growing from $3,367,922 in 2014 to $6,966,900 in 2023, although there has been a decline from a peak of $8,332,983 in 2021. The consistent reporting of 0% officer compensation across all available filings suggests a commitment to minimizing administrative overhead in this area, which is a positive indicator for spending efficiency. However, without a detailed breakdown of program, administrative, and fundraising expenses, a complete assessment of spending efficiency is challenging.

Transparency appears to be strong regarding executive compensation, with no reported officer compensation. The consistent filing of IRS Form 990s over 13 periods also indicates a commitment to regulatory compliance and public disclosure. However, the lack of NTEE code information and detailed expense breakdowns in the provided data limits a deeper analysis of program focus and overall financial transparency beyond executive pay.

Is St Thomas More Academy Inc Legit?

Verdict: St Thomas More Academy Inc appears trustworthy

Red Flags

Strengths