Is St Vincent St Mary High School Foundation Legit?
Quick charity verification for St Vincent St Mary High School Foundation (EIN: 20694782)
Verdict: St Vincent St Mary High School Foundation appears trustworthy
85/100Mission Score
$2.0MRevenue
$24.6MAssets
2Red Flags
4Strengths
Red Flags
Expenses frequently exceed annual revenue, indicating reliance on asset drawdowns or prior year surpluses (e.g., 2023: $1,136,983 revenue vs. $1,496,831 expenses).
Lack of detailed spending breakdown (program, admin, fundraising) in the provided summary makes it difficult to fully assess spending efficiency.
Strengths
Substantial and stable asset base, consistently over $23 million, providing long-term financial security.
Zero reported officer compensation across all filings, indicating strong volunteer leadership or highly efficient compensation practices.
Consistent filing history (13 filings) demonstrates transparency and compliance.
Strong financial stability with significant assets ($24,612,064 latest reported) relative to annual revenue and expenses.
Spending Breakdown
How St Vincent St Mary High School Foundation 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 Vincent St Mary High School Foundation
Is St Vincent St Mary High School Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, St Vincent St Mary High School Foundation (EIN: 20694782) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is St Vincent St Mary High School Foundation a good charity to donate to?
St Vincent St Mary High School Foundation has a Mission Score of 85/100. Revenue: $2.0M. Assets: $24.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for St Vincent St Mary High School Foundation?
The Employer Identification Number (EIN) for St Vincent St Mary High School Foundation is 20694782. 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 Vincent St Mary High School Foundation spend its money?
St Vincent St Mary High School Foundation allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify St Vincent St Mary High School Foundation's tax-exempt status?
You can verify St Vincent St Mary High School Foundation's tax-exempt status using EIN 20694782 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
The St Vincent St Mary High School Foundation demonstrates consistent financial health with substantial assets, averaging over $25 million in recent years, indicating a strong endowment or investment base. While revenue has fluctuated, with a notable dip in 2017 to $150,747 and a peak in 2021 at $1,842,720, the organization generally operates with expenses often exceeding annual revenue, as seen in 2023 where expenses were $1,496,831 against revenue of $1,136,983. This suggests reliance on its asset base to cover operational costs or strategic spending from reserves.
The foundation exhibits excellent transparency regarding executive compensation, reporting 0% officer compensation across all available filings. This indicates that the foundation's leadership is likely volunteer-based or compensated through other means not classified as officer compensation on the 990, which is a positive sign for donor confidence. The consistent asset base, despite varying annual revenues and expenses, points to sound long-term financial management, likely focused on sustaining the high school's mission through its substantial reserves.
Spending efficiency is difficult to fully ascertain without a detailed breakdown of program, administrative, and fundraising expenses from the provided data. However, the consistent operation with a significant asset base and no reported officer compensation suggests a lean operational structure. The foundation's primary role appears to be supporting the high school, and its financial stability ensures its capacity to continue this support.