Carmelite Sisters Of Our Lady
EIN: 273289255 · Seattle, WA · NTEE: X22
| Metric | Value |
|---|---|
| Total Revenue | $273K |
| Total Expenses | $249K |
| Net Assets | $145K |
Is Carmelite Sisters Of Our Lady Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Carmelite Sisters Of Our Lady
Carmelite Sisters Of Our Lady (EIN: 273289255) is a nonprofit organization based in Seattle, WA, classified under NTEE code X22. The organization reported total revenue of $273K and total assets of $279K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Carmelite Sisters Of Our Lady's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Carmelite Sisters Of Our Lady is a small nonprofit that has been operating for 15 years, with 10 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of 9.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $256K |
| Total Expenses | $249K |
| Surplus / Deficit | +$7K |
| Total Assets | $297K |
| Total Liabilities | $152K |
| Net Assets | $145K |
| Operating Margin | 2.6% |
| Debt-to-Asset Ratio | 51.2% |
| Months of Reserves | 14.3 months |
Financial Health Grade: A
In 2023, Carmelite Sisters Of Our Lady reported a surplus of $7K with revenue exceeding expenses, holds 14.3 months of operating reserves (strong position), has a debt-to-asset ratio of 51.2% (high leverage).
Financial Trends
Over 10 years of filings (2014–2023), Carmelite Sisters Of Our Lady's revenue has grown at a compound annual growth rate (CAGR) of 9.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.2% | -3.0% | -2.7% |
| 2022 | +5.5% | +11.7% | -4.7% |
| 2021 | +11.3% | +24.3% | +1.6% |
| 2020 | -4.3% | -13.2% | +6.8% |
| 2019 | +8.0% | +3.3% | -3.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7120 |
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Carmelite Sisters Of Our Lady has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Carmelite Sisters Of Our Lady with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $7K, with revenue exceeding expenses.
- Debt-to-asset ratio: 51.2%.
Frequently Asked Questions about Carmelite Sisters Of Our Lady
Is Carmelite Sisters Of Our Lady a legitimate charity?
Carmelite Sisters Of Our Lady (EIN: 273289255) is a registered tax-exempt nonprofit based in Washington. It has 10 years of IRS 990 filings on record. Total revenue: $273K. No red flags identified. Financial health grade: A.
How does Carmelite Sisters Of Our Lady spend its money?
Carmelite Sisters Of Our Lady reported $273K in total revenue in IRS 990 filings. 10 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Carmelite Sisters Of Our Lady tax-deductible?
Carmelite Sisters Of Our Lady is registered as a tax-exempt nonprofit (EIN: 273289255). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Carmelite Sisters Of Our Lady located?
Carmelite Sisters Of Our Lady is headquartered in Seattle, Washington and files with the IRS under EIN 273289255. It is classified under NTEE code X22.
How many years of IRS 990 filings does Carmelite Sisters Of Our Lady have?
Carmelite Sisters Of Our Lady has 10 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 $273K in total revenue.
Filing History
IRS 990 filing history for Carmelite Sisters Of Our Lady showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2014–2023), Carmelite Sisters Of Our Lady's revenue has grown by 116.5%, moving from $118K to $256K. Total assets decreased by 28.3% over the same period, from $414K to $297K. Total functional expenses rose by 140.2%, from $104K to $249K. In its most recent filing year (2023), Carmelite Sisters Of Our Lady reported a surplus of $7K, with revenue exceeding expenses. The organization holds $152K in liabilities against $297K in assets (debt-to-asset ratio: 51.2%), resulting in net assets of $145K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $256K | $249K | $297K | $152K | — | — |
| 2022 | $255K | $257K | $306K | $167K | — | View 990 |
| 2021 | $242K | $230K | $320K | $181K | — | View 990 |
| 2020 | $218K | $185K | $316K | $169K | — | View 990 |
| 2019 | $227K | $213K | $296K | $195K | — | View 990 |
| 2018 | $211K | $206K | $308K | $221K | — | View 990 |
| 2017 | $190K | $200K | $328K | $245K | — | View 990 |
| 2016 | $180K | $170K | $545K | $245K | — | View 990 |
| 2015 | $146K | $131K | $492K | $262K | — | View 990 |
| 2014 | $118K | $104K | $414K | $277K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $256K, expenses of $249K, and assets of $297K (revenue +0.2% year-over-year).
- 2022: Revenue of $255K, expenses of $257K, and assets of $306K (revenue +5.5% year-over-year).
- 2021: Revenue of $242K, expenses of $230K, and assets of $320K (revenue +11.3% year-over-year).
- 2020: Revenue of $218K, expenses of $185K, and assets of $316K (revenue -4.3% year-over-year).
- 2019: Revenue of $227K, expenses of $213K, and assets of $296K (revenue +8.0% year-over-year).
- 2018: Revenue of $211K, expenses of $206K, and assets of $308K (revenue +11.1% year-over-year).
- 2017: Revenue of $190K, expenses of $200K, and assets of $328K (revenue +5.5% year-over-year).
- 2016: Revenue of $180K, expenses of $170K, and assets of $545K (revenue +23.2% year-over-year).
- 2015: Revenue of $146K, expenses of $131K, and assets of $492K (revenue +23.4% year-over-year).
- 2014: Revenue of $118K, expenses of $104K, and assets of $414K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Carmelite Sisters Of Our Lady:
Data Sources and Methodology
This transparency report for Carmelite Sisters Of Our Lady 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.