Quick charity verification for St Vincents Development Inc (EIN: 222554128)
Verdict: St Vincents Development Inc shows mixed signals
65/100Mission Score
$2.8MRevenue
$25.6MAssets
3Red Flags
3Strengths
Red Flags
Administrative expenses appear high relative to program spending, indicating potential inefficiencies.
Revenue has shown inconsistency over the past few years, with a notable drop from $3,429,268 in 2022 to $2,771,627 in 2023.
Lack of detailed program spending breakdown makes it difficult to assess the impact of funds.
Strengths
Maintains a strong asset base, with $25,557,336 in 2023, providing financial stability.
Consistently reports positive net assets, indicating sound financial management over time.
Significant growth in assets from $15,172,763 in 2019 to $25,557,336 in 2023.
Spending Breakdown
How St Vincents Development Inc allocates its funds across programs, administration, and fundraising.
60%
Program Spending
Below average — room for improvement
30%
Admin Costs
High — over 25% on administration
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 Vincents Development Inc
Is St Vincents Development Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, St Vincents Development Inc (EIN: 222554128) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
Is St Vincents Development Inc a good charity to donate to?
St Vincents Development Inc has a Mission Score of 65/100. Revenue: $2.8M. Assets: $25.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for St Vincents Development Inc?
The Employer Identification Number (EIN) for St Vincents Development Inc is 222554128. 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 Vincents Development Inc spend its money?
St Vincents Development Inc allocates 60% to programs, 30% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify St Vincents Development Inc's tax-exempt status?
You can verify St Vincents Development Inc's tax-exempt status using EIN 222554128 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 Vincents Development Inc is a unknown nonprofit based in Trumbull, Connecticut, with reported revenue of $2.8M and assets of $25.6M. Our AI analysis assigns a Mission Score of 65/100 (Good). Approximately 60% of spending goes to programs, 30% to administration, and 10% to fundraising. • Financial data is available through public 990 filings.
• No specific transparency report or detailed program breakdowns are readily available.
• The organization's website provides general information but lacks detailed financial transparency beyond what's in the 990s. Executive compensation is not explicitly detailed in the provided data, making a specific assessment difficult without further information from the 990 filings. Revenue has grown +15% across 13 filing periods.