Centene Foundation For Quality Health Care
Centene Foundation shows highly volatile revenue and asset trends with zero reported officer compensation.
EIN: 201516497 · Saint Louis, MO · NTEE: T21 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $36 |
| Total Expenses | $387K |
| Program Spending | 80% |
| Net Assets | $923K |
| Transparency Score | 70/100 |
Is Centene Foundation For Quality Health Care Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Centene Foundation For Quality Health Care directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Centene Foundation For Quality Health Care
Centene Foundation For Quality Health Care (EIN: 201516497) is a nonprofit organization based in Saint Louis, MO, classified under NTEE code T21. The organization reported total revenue of $36 and total assets of $562K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Centene Foundation For Quality Health Care's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Centene Foundation For Quality Health Care is a micro nonprofit that has been operating for 22 years, with 8 years of IRS 990 filings on record (2011–2021). Revenue has grown at a compound annual rate of 6.6%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.0M |
| Total Expenses | $387K |
| Surplus / Deficit | +$613K |
| Total Assets | $923K |
| Total Liabilities | $1 |
| Net Assets | $923K |
| Operating Margin | 61.3% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 28.6 months |
Financial Health Grade: A
In 2021, Centene Foundation For Quality Health Care reported a surplus of $613K with revenue exceeding expenses, holds 28.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 8 years of filings (2011–2021), Centene Foundation For Quality Health Care's revenue has grown at a compound annual growth rate (CAGR) of 6.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | +4.9% | -51.8% | +218.8% |
| 2020 | +31.1% | +1.6% | -77.8% |
| 2016 | +152.2% | +60.2% | -4.6% |
| 2015 | -80.6% | -27.8% | -13.1% |
| 2014 | +248339.5% | +9595.8% | +104.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 Centene Foundation For Quality Health Care with a Mission Score of 70 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Centene Foundation For Quality Health Care allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $613K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating either that no officers receive compensation directly from the foundation or that compensation is paid by a related entity, which would be a positive sign for direct program funding if true.
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 Centene Foundation For Quality Health Care's IRS 990 filings:
- Extreme volatility in annual revenue, from over $1 million to $36.
- Significant fluctuations in total assets over time, indicating potential instability or major operational changes.
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data, hindering full efficiency assessment.
Strengths
The following positive indicators were identified for Centene Foundation For Quality Health Care:
- Consistent reporting of 0% officer compensation, suggesting efficient use of funds or external support for executive roles.
- History of significant asset base, reaching over $1.5 million in 2014.
- Positive net income in some years, such as 2021 where revenue ($1,000,037) significantly exceeded expenses ($387,328).
Frequently Asked Questions about Centene Foundation For Quality Health Care
Is Centene Foundation For Quality Health Care a legitimate charity?
Based on AI analysis of IRS 990 filings, Centene Foundation For Quality Health Care (EIN: 201516497) some concerns. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.
How does Centene Foundation For Quality Health Care spend its money?
Centene Foundation For Quality Health Care directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Centene Foundation For Quality Health Care tax-deductible?
Centene Foundation For Quality Health Care is registered as a tax-exempt nonprofit (EIN: 201516497). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Centene Foundation For Quality Health Care's spending goes to programs?
Centene Foundation For Quality Health Care directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Centene Foundation For Quality Health Care compare to similar nonprofits?
With a transparency score of 70/100 (Good), Centene Foundation For Quality Health Care is above average for NTEE category T21 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Centene Foundation For Quality Health Care located?
Centene Foundation For Quality Health Care is headquartered in Saint Louis, Missouri and files with the IRS under EIN 201516497. It is classified under NTEE code T21.
How many years of IRS 990 filings does Centene Foundation For Quality Health Care have?
Centene Foundation For Quality Health Care has 8 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 $36 in total revenue.
Why is the latest reported revenue only $36, a significant drop from previous years?
The drastic decrease in reported revenue from over $1 million in 2021 to $36 currently warrants further investigation to understand if this reflects a change in operational scope, a reporting anomaly, or a significant financial downturn.
How does the Centene Foundation fund its operations if officer compensation is consistently 0%?
The consistent reporting of 0% officer compensation suggests that executives may be compensated by a parent organization or related entity, or that the foundation is entirely volunteer-run at the executive level. Clarification on this structure would enhance transparency.
What is the specific breakdown of program, administrative, and fundraising expenses?
Without detailed breakdowns of expenses, it's challenging to fully assess the organization's spending efficiency and how much of its budget directly supports its mission. More granular data would be beneficial.
Filing History
IRS 990 filing history for Centene Foundation For Quality Health Care showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2011–2021), Centene Foundation For Quality Health Care's revenue has grown by 89.4%, moving from $528K to $1.0M. Total assets increased by 64.3% over the same period, from $562K to $923K. Total functional expenses rose by 813.1%, from $42K to $387K. In its most recent filing year (2021), Centene Foundation For Quality Health Care reported a surplus of $613K, with revenue exceeding expenses. The organization holds $1 in liabilities against $923K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $923K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $1.0M | $387K | $923K | $1 | — | — |
| 2020 | $953K | $804K | $289K | $1 | — | View 990 |
| 2016 | $727K | $791K | $1.3M | $0 | — | View 990 |
| 2015 | $288K | $494K | $1.4M | $0 | — | View 990 |
| 2014 | $1.5M | $684K | $1.6M | $0 | — | View 990 |
| 2013 | $598 | $7K | $769K | $0 | — | View 990 |
| 2012 | $225K | $6K | $776K | $0 | — | View 990 |
| 2011 | $528K | $42K | $562K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $1.0M, expenses of $387K, and assets of $923K (revenue +4.9% year-over-year).
- 2020: Revenue of $953K, expenses of $804K, and assets of $289K (revenue +31.1% year-over-year).
- 2016: Revenue of $727K, expenses of $791K, and assets of $1.3M (revenue +152.2% year-over-year).
- 2015: Revenue of $288K, expenses of $494K, and assets of $1.4M (revenue -80.6% year-over-year).
- 2014: Revenue of $1.5M, expenses of $684K, and assets of $1.6M (revenue +248339.5% year-over-year).
- 2013: Revenue of $598, expenses of $7K, and assets of $769K (revenue -99.7% year-over-year).
- 2012: Revenue of $225K, expenses of $6K, and assets of $776K (revenue -57.4% year-over-year).
- 2011: Revenue of $528K, expenses of $42K, and assets of $562K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Centene Foundation For Quality Health Care:
Data Sources and Methodology
This transparency report for Centene Foundation For Quality Health Care 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.