Is St William Apartments Inc Legit? —…

Spending Breakdown

How St William Apartments 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 William Apartments Inc

Is St William Apartments Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, St William Apartments Inc (EIN: 208199655) shows mixed signals. Mission Score: 55/100. 4 red flags identified, 3 strengths noted.

Is St William Apartments Inc a good charity to donate to?

St William Apartments Inc has a Mission Score of 55/100. Revenue: $456K. Assets: $3.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for St William Apartments Inc?

The Employer Identification Number (EIN) for St William Apartments Inc is 208199655. 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 William Apartments Inc spend its money?

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

How can I verify St William Apartments Inc's tax-exempt status?

You can verify St William Apartments Inc's tax-exempt status using EIN 208199655 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 William Apartments Inc, operating in Saint Louis, MO, appears to be a housing provider, likely for low-income individuals, given its consistent revenue and asset base. The organization has consistently operated at a deficit over the past decade, with expenses regularly exceeding revenue. For instance, in 2023, expenses were $490,442 against revenues of $408,004, and this trend is visible across all reported periods. This sustained deficit spending, while not immediately catastrophic due to its significant asset base of $3,591,142, suggests a reliance on existing assets or other non-operating income sources not fully detailed in the provided summary. The organization's liabilities consistently exceed its assets, indicating a negative net asset position, which has been a persistent issue over the past decade, with liabilities reaching $4,685,850 in 2023 against assets of $3,601,793.

Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses. However, the consistent operational deficits raise questions about long-term financial sustainability if not addressed by increased revenue or reduced expenses. The absence of reported officer compensation across all filings suggests either a volunteer-led organization or that compensation is reported under other expense categories, which could impact transparency regarding leadership costs. The organization's assets have also shown a steady decline over the past decade, from $4,697,963 in 2014 to $3,601,793 in 2023, further highlighting a potential draw on reserves to cover operational shortfalls.

Transparency regarding executive compensation is high, as no officer compensation is reported. However, the lack of detailed expense breakdowns (program vs. admin vs. fundraising) in the provided data limits a comprehensive assessment of spending efficiency. The consistent negative net asset position and declining asset base are significant financial indicators that warrant closer scrutiny. While the organization maintains a substantial asset base, its long-term financial health is questionable given the persistent operational deficits and decreasing assets.

Is St William Apartments Inc Legit?

Verdict: St William Apartments Inc shows mixed signals

Red Flags

Strengths