Benedictine Fellowship Of St Laurence
Benedictine Fellowship maintains $3M assets with zero reported officer compensation despite fluctuating revenues.
EIN: 201937198 · Fort Collins, CO · NTEE: X20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $342K |
| Total Expenses | $233K |
| Program Spending | 85% |
| Net Assets | $3.0M |
| Transparency Score | 85/100 |
Is Benedictine Fellowship Of St Laurence Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Benedictine Fellowship Of St Laurence directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Benedictine Fellowship Of St Laurence
Benedictine Fellowship Of St Laurence (EIN: 201937198) is a nonprofit organization based in Fort Collins, CO, classified under NTEE code X20. The organization reported total revenue of $342K and total assets of $3.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Benedictine Fellowship Of St Laurence's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Benedictine Fellowship Of St Laurence is a small nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $167K |
| Total Expenses | $233K |
| Surplus / Deficit | $-66,161 |
| Total Assets | $3.0M |
| Total Liabilities | $188 |
| Net Assets | $3.0M |
| Operating Margin | -39.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 153.1 months |
Financial Health Grade: B
In 2023, Benedictine Fellowship Of St Laurence reported a deficit of $66K with expenses exceeding revenue, holds 153.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -48.2% | +4.7% | -2.2% |
| 2022 | +18.8% | +7.9% | -0.2% |
| 2021 | +96.8% | +4.9% | +2.4% |
| 2020 | -0.3% | +4.2% | -2.0% |
| 2019 | -3.9% | -2.9% | -1.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Benedictine Fellowship Of St Laurence with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Benedictine Fellowship Of St Laurence allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $66K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated below reporting thresholds, which is a strong positive for resource allocation.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Benedictine Fellowship Of St Laurence's IRS 990 filings:
- Lack of detailed functional expense breakdown in provided data makes precise spending efficiency analysis difficult.
Strengths
The following positive indicators were identified for Benedictine Fellowship Of St Laurence:
- Strong and consistent asset base, averaging around $3 million, indicating financial stability.
- Zero reported officer compensation across all filings, suggesting a highly volunteer-driven leadership and efficient use of funds.
- Generally low liabilities, indicating a healthy balance sheet.
- Consistent filing history (13 filings) demonstrates commitment to transparency and compliance.
Frequently Asked Questions about Benedictine Fellowship Of St Laurence
Is Benedictine Fellowship Of St Laurence a legitimate charity?
Benedictine Fellowship Of St Laurence (EIN: 201937198) is a registered tax-exempt nonprofit based in Colorado. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $342K. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does Benedictine Fellowship Of St Laurence spend its money?
Benedictine Fellowship Of St Laurence directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Benedictine Fellowship Of St Laurence tax-deductible?
Benedictine Fellowship Of St Laurence is registered as a tax-exempt nonprofit (EIN: 201937198). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Benedictine Fellowship Of St Laurence's spending goes to programs?
Benedictine Fellowship Of St Laurence directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Benedictine Fellowship Of St Laurence compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Benedictine Fellowship Of St Laurence is above average for NTEE category X20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Benedictine Fellowship Of St Laurence located?
Benedictine Fellowship Of St Laurence is headquartered in Fort Collins, Colorado and files with the IRS under EIN 201937198. It is classified under NTEE code X20.
How many years of IRS 990 filings does Benedictine Fellowship Of St Laurence have?
Benedictine Fellowship Of St Laurence has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $342K in total revenue.
How does Benedictine Fellowship Of St Laurence manage to maintain a $3 million asset base with fluctuating revenues?
The consistent asset base suggests either a significant initial endowment, effective investment strategies, or substantial non-cash contributions that bolster its financial position despite variations in annual operating revenue.
What are the primary programs or activities funded by Benedictine Fellowship Of St Laurence?
Without a detailed functional expense breakdown, it's difficult to pinpoint specific programs. However, given the NTEE code X20 (Religious, Spiritual, and Humanistic Organizations), their activities likely revolve around religious or spiritual services, community support, or educational initiatives related to their mission.
Why do expenses exceed revenue in some years, such as 2023 ($232,734 expenses vs. $166,573 revenue) and 2020 ($196,333 expenses vs. $137,451 revenue)?
Periods where expenses exceed revenue could indicate strategic spending from reserves, one-time capital expenditures, or temporary dips in fundraising. Given the stable asset base, these deficits are likely covered by existing funds rather than indicating financial distress.
What is the organization's strategy for fundraising, given the fluctuating revenue figures?
The revenue fluctuations suggest a reliance on varied funding sources, which could include individual donations, grants, or specific campaigns. A more detailed look at their revenue streams would be needed to understand their fundraising strategy.
Filing History
IRS 990 filing history for Benedictine Fellowship Of St Laurence showing financial trends over 13 years of public records:
Total assets decreased by 0.5% over the same period, from $3.0M to $3.0M. Total functional expenses rose by 338.6%, from $53K to $233K. In its most recent filing year (2023), Benedictine Fellowship Of St Laurence reported a deficit of $66K, with expenses exceeding revenue. The organization holds $188 in liabilities against $3.0M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $3.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $167K | $233K | $3.0M | $188 | — | View 990 |
| 2022 | $321K | $222K | $3.0M | $967 | — | View 990 |
| 2021 | $271K | $206K | $3.0M | $107K | — | — |
| 2020 | $137K | $196K | $3.0M | $101K | — | View 990 |
| 2019 | $138K | $188K | $3.0M | $102K | — | View 990 |
| 2018 | $144K | $194K | $3.1M | $101K | — | View 990 |
| 2017 | $190K | $175K | $3.0M | $693 | — | View 990 |
| 2016 | $80K | $150K | $3.0M | $733 | — | View 990 |
| 2015 | $188K | $159K | $3.1M | $701 | — | View 990 |
| 2014 | $141K | $143K | $3.1M | $7K | — | View 990 |
| 2013 | $173K | $81K | $3.1M | $20K | — | View 990 |
| 2012 | $47K | $63K | $3.0M | $17K | — | View 990 |
| 2011 | $-40,187 | $53K | $3.0M | $701 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $167K, expenses of $233K, and assets of $3.0M (revenue -48.2% year-over-year).
- 2022: Revenue of $321K, expenses of $222K, and assets of $3.0M (revenue +18.8% year-over-year).
- 2021: Revenue of $271K, expenses of $206K, and assets of $3.0M (revenue +96.8% year-over-year).
- 2020: Revenue of $137K, expenses of $196K, and assets of $3.0M (revenue -0.3% year-over-year).
- 2019: Revenue of $138K, expenses of $188K, and assets of $3.0M (revenue -3.9% year-over-year).
- 2018: Revenue of $144K, expenses of $194K, and assets of $3.1M (revenue -24.5% year-over-year).
- 2017: Revenue of $190K, expenses of $175K, and assets of $3.0M (revenue +138.3% year-over-year).
- 2016: Revenue of $80K, expenses of $150K, and assets of $3.0M (revenue -57.6% year-over-year).
- 2015: Revenue of $188K, expenses of $159K, and assets of $3.1M (revenue +33.2% year-over-year).
- 2014: Revenue of $141K, expenses of $143K, and assets of $3.1M (revenue -18.6% year-over-year).
- 2013: Revenue of $173K, expenses of $81K, and assets of $3.1M (revenue +268.8% year-over-year).
- 2012: Revenue of $47K, expenses of $63K, and assets of $3.0M.
- 2011: Revenue of $-40,187, expenses of $53K, and assets of $3.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Benedictine Fellowship Of St Laurence:
Data Sources and Methodology
This transparency report for Benedictine Fellowship Of St Laurence is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.