Congregation Of The Oratory Of St Philip Neri Inc
Congregation Of The Oratory Of St Philip Neri Inc faces consistent deficit spending, drawing down assets despite zero liabilities and officer compensation.
EIN: 202744528 · Owensboro, KY · NTEE: B25 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $163K |
| Total Expenses | $111K |
| Program Spending | 80% |
| Net Assets | $340K |
| Transparency Score | 75/100 |
Is Congregation Of The Oratory Of St Philip Neri Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Congregation Of The Oratory Of St Philip Neri Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Congregation Of The Oratory Of St Philip Neri Inc
Congregation Of The Oratory Of St Philip Neri Inc (EIN: 202744528) is a nonprofit organization based in Owensboro, KY, classified under NTEE code B25. The organization reported total revenue of $163K and total assets of $377K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Congregation Of The Oratory Of St Philip Neri Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Congregation Of The Oratory Of St Philip Neri Inc is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $87K |
| Total Expenses | $111K |
| Surplus / Deficit | $-23,575 |
| Total Assets | $340K |
| Net Assets | $340K |
| Operating Margin | -27.0% |
| Months of Reserves | 36.7 months |
Financial Health Grade: B
In 2023, Congregation Of The Oratory Of St Philip Neri Inc reported a deficit of $24K with expenses exceeding revenue, holds 36.7 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Congregation Of The Oratory Of St Philip Neri Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -6.0% | -35.6% | -6.5% |
| 2022 | -21.8% | +25.7% | -18.0% |
| 2021 | +2.0% | +6.0% | -4.0% |
| 2020 | +72.7% | +6.5% | -2.7% |
| 2019 | -28.0% | -16.4% | -10.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2006 |
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 Congregation Of The Oratory Of St Philip Neri Inc with a Mission Score of 75 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, Congregation Of The Oratory Of St Philip Neri Inc 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $24K, with expenses exceeding revenue.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that its leadership is entirely volunteer-based and does not draw salaries, which is highly commendable for a nonprofit of its size.
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 Congregation Of The Oratory Of St Philip Neri Inc's IRS 990 filings:
- Consistent deficit spending in recent years (e.g., 2023 expenses $110,989 vs. revenue $87,414)
- Declining asset base from $473,898 in 2019 to $339,589 in 2023 due to sustained operational losses
Strengths
The following positive indicators were identified for Congregation Of The Oratory Of St Philip Neri Inc:
- Zero reported liabilities across all filings, indicating strong financial solvency in terms of debt
- 0% officer compensation, demonstrating a volunteer-driven leadership and efficient use of funds
- Consistent filing history, indicating good transparency and compliance with IRS regulations
Frequently Asked Questions about Congregation Of The Oratory Of St Philip Neri Inc
Is Congregation Of The Oratory Of St Philip Neri Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Congregation Of The Oratory Of St Philip Neri Inc (EIN: 202744528) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does Congregation Of The Oratory Of St Philip Neri Inc spend its money?
Congregation Of The Oratory Of St Philip Neri Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Congregation Of The Oratory Of St Philip Neri Inc tax-deductible?
Congregation Of The Oratory Of St Philip Neri Inc is registered as a tax-exempt nonprofit (EIN: 202744528). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Congregation Of The Oratory Of St Philip Neri Inc's spending goes to programs?
Congregation Of The Oratory Of St Philip Neri Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Congregation Of The Oratory Of St Philip Neri Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Congregation Of The Oratory Of St Philip Neri Inc is above average for NTEE category B25 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Congregation Of The Oratory Of St Philip Neri Inc located?
Congregation Of The Oratory Of St Philip Neri Inc is headquartered in Owensboro, Kentucky and files with the IRS under EIN 202744528. It is classified under NTEE code B25.
How many years of IRS 990 filings does Congregation Of The Oratory Of St Philip Neri Inc have?
Congregation Of The Oratory Of St Philip Neri Inc 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 $163K in total revenue.
Is Congregation Of The Oratory Of St Philip Neri Inc financially sustainable long-term given recent deficit spending?
The organization has consistently spent more than it earned in recent years (e.g., $110,989 expenses vs. $87,414 revenue in 2023), leading to a decline in assets from $473,898 in 2019 to $339,589 in 2023. While it has no liabilities, this trend of drawing down assets is not sustainable indefinitely without an increase in revenue or reduction in expenses.
What caused the significant revenue spike in 2017?
In 2017, the organization reported a revenue of $595,594, a substantial increase compared to other years where revenue typically ranges from $50,000 to $120,000. The filings do not specify the source, but such a spike often indicates a large one-time donation, grant, or capital campaign.
How does the lack of officer compensation impact the organization?
The consistent reporting of 0% officer compensation across all filings indicates that the organization's leadership is volunteer-based. This can significantly reduce administrative overhead and allows a greater proportion of funds to be directed towards programs, enhancing donor confidence and efficiency.
Filing History
IRS 990 filing history for Congregation Of The Oratory Of St Philip Neri Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Congregation Of The Oratory Of St Philip Neri Inc's revenue has grown by 55.3%, moving from $56K to $87K. Total assets increased by 2637.1% over the same period, from $12K to $340K. Total functional expenses rose by 28%, from $87K to $111K. In its most recent filing year (2023), Congregation Of The Oratory Of St Philip Neri Inc reported a deficit of $24K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $87K | $111K | $340K | $0 | — | View 990 |
| 2022 | $93K | $172K | $363K | $0 | — | View 990 |
| 2021 | $119K | $137K | $443K | $0 | — | View 990 |
| 2020 | $116K | $129K | $461K | $0 | — | — |
| 2019 | $67K | $121K | $474K | $0 | — | View 990 |
| 2018 | $94K | $145K | $528K | $0 | — | View 990 |
| 2017 | $596K | $91K | $580K | $0 | — | View 990 |
| 2016 | $53K | $63K | $75K | $0 | — | View 990 |
| 2015 | $90K | $31K | $85K | $0 | — | View 990 |
| 2014 | $85K | $97K | $26K | $0 | — | View 990 |
| 2013 | $54K | $38K | $38K | $0 | — | View 990 |
| 2012 | $72K | $61K | $23K | $0 | — | View 990 |
| 2011 | $56K | $87K | $12K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $87K, expenses of $111K, and assets of $340K (revenue -6.0% year-over-year).
- 2022: Revenue of $93K, expenses of $172K, and assets of $363K (revenue -21.8% year-over-year).
- 2021: Revenue of $119K, expenses of $137K, and assets of $443K (revenue +2.0% year-over-year).
- 2020: Revenue of $116K, expenses of $129K, and assets of $461K (revenue +72.7% year-over-year).
- 2019: Revenue of $67K, expenses of $121K, and assets of $474K (revenue -28.0% year-over-year).
- 2018: Revenue of $94K, expenses of $145K, and assets of $528K (revenue -84.3% year-over-year).
- 2017: Revenue of $596K, expenses of $91K, and assets of $580K (revenue +1018.4% year-over-year).
- 2016: Revenue of $53K, expenses of $63K, and assets of $75K (revenue -40.9% year-over-year).
- 2015: Revenue of $90K, expenses of $31K, and assets of $85K (revenue +6.4% year-over-year).
- 2014: Revenue of $85K, expenses of $97K, and assets of $26K (revenue +58.3% year-over-year).
- 2013: Revenue of $54K, expenses of $38K, and assets of $38K (revenue -25.9% year-over-year).
- 2012: Revenue of $72K, expenses of $61K, and assets of $23K (revenue +28.3% year-over-year).
- 2011: Revenue of $56K, expenses of $87K, and assets of $12K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Congregation Of The Oratory Of St Philip Neri Inc:
Data Sources and Methodology
This transparency report for Congregation Of The Oratory Of St Philip Neri Inc 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.