Diocese Of St Cloud Non Erisa Health Benefit Plan

Diocese Of St Cloud Health Benefit Plan consistently covers expenses with zero liabilities, maintaining strong asset base.

EIN: 204234511 · Saint Cloud, MN · NTEE: Y43 · Updated: 2026-03-28

$5.3MRevenue
$1.4MAssets
90/100Mission Score (Excellent)
Y43
Diocese Of St Cloud Non Erisa Health Benefit Plan Financial Summary
MetricValue
Total Revenue$5.3M
Total Expenses$5.7M
Program Spending95%
Net Assets$2.4M
Transparency Score90/100

Is Diocese Of St Cloud Non Erisa Health Benefit Plan Legit?

Appears Legitimate

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
NoneRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Diocese Of St Cloud Non Erisa Health Benefit Plan directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Diocese Of St Cloud Non Erisa Health Benefit Plan

Diocese Of St Cloud Non Erisa Health Benefit Plan (EIN: 204234511) is a nonprofit organization based in Saint Cloud, MN, classified under NTEE code Y43. The organization reported total revenue of $5.3M and total assets of $1.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Diocese Of St Cloud Non Erisa Health Benefit Plan's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

18Years Operating
Mid-SizeSize Classification
13Years of Filings
MixedRevenue Trajectory

Diocese Of St Cloud Non Erisa Health Benefit Plan is a mid-size nonprofit that has been operating for 18 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.3%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$6.0M
Total Expenses$5.7M
Surplus / Deficit+$311K
Total Assets$2.4M
Net Assets$2.4M
Operating Margin5.2%
Months of Reserves5.2 months

Financial Health Grade: A

In 2023, Diocese Of St Cloud Non Erisa Health Benefit Plan reported a surplus of $311K with revenue exceeding expenses, holds 5.2 months of operating reserves (adequate).

Financial Trends

Over 13 years of filings (2011–2023), Diocese Of St Cloud Non Erisa Health Benefit Plan's revenue has declined at a compound annual growth rate (CAGR) of -0.3%.

YearRevenue ChangeExpense ChangeAsset Change
2023+2.6%-7.1%+14.6%
2022+8.3%+5.9%-11.4%
2021+9.1%+32.6%-13.7%
2020+1.3%-6.8%+26.8%
2019-15.9%-14.3%+10.5%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2008

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Diocese Of St Cloud Non Erisa Health Benefit Plan appears to be a financially stable organization, consistently managing revenues and expenses over the past decade. As a health benefit plan, its financial health is primarily measured by its ability to cover claims and maintain adequate reserves. The organization has shown consistent revenue generation, with the latest reported revenue at $5,985,309 in 2023, and expenses at $5,674,138, indicating a surplus for the year. While there were periods of deficit spending, such as in 2022 ($5,836,332 revenue vs. $6,109,694 expenses) and 2021 ($5,391,046 revenue vs. $5,771,026 expenses), the organization has maintained positive assets, reaching $2,437,896 in 2023, and consistently reports $0 in liabilities, which is a strong indicator of financial solvency and good management. The consistent reporting of 0% officer compensation also suggests a lean administrative structure or that compensation is handled through a related entity, which contributes to spending efficiency. Given its nature as a health benefit plan, the 'program' spending would largely encompass the benefits paid out to participants. The absence of reported officer compensation directly on the 990s suggests a high degree of spending efficiency in terms of executive overhead. The consistent filing of IRS 990 forms over 13 periods demonstrates a commitment to transparency. The organization's ability to maintain assets and zero liabilities over many years, despite fluctuations in annual revenue and expenses, points to prudent financial management and a focus on its core purpose of providing health benefits.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Diocese Of St Cloud Non Erisa Health Benefit Plan with a Mission Score of 90 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

According to IRS 990 filings, Diocese Of St Cloud Non Erisa Health Benefit Plan allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% 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:

$6.0MTotal Revenue
$5.7MTotal Expenses
$2.4MTotal Assets
$2.4MNet Assets

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, suggesting that executive compensation is either non-existent, paid by a related entity, or falls below reporting thresholds, indicating a highly efficient or externally supported administrative cost structure.

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.

Strengths

The following positive indicators were identified for Diocese Of St Cloud Non Erisa Health Benefit Plan:

Frequently Asked Questions about Diocese Of St Cloud Non Erisa Health Benefit Plan

Is Diocese Of St Cloud Non Erisa Health Benefit Plan a legitimate charity?

Based on AI analysis of IRS 990 filings, Diocese Of St Cloud Non Erisa Health Benefit Plan (EIN: 204234511) appears legitimate. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.

How does Diocese Of St Cloud Non Erisa Health Benefit Plan spend its money?

Diocese Of St Cloud Non Erisa Health Benefit Plan directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to Diocese Of St Cloud Non Erisa Health Benefit Plan tax-deductible?

Diocese Of St Cloud Non Erisa Health Benefit Plan is registered as a tax-exempt nonprofit (EIN: 204234511). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How does Diocese Of St Cloud Non Erisa Health Benefit Plan compare to similar nonprofits?

With a transparency score of 90/100 (Excellent), Diocese Of St Cloud Non Erisa Health Benefit Plan is above average for NTEE category Y43 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Diocese Of St Cloud Non Erisa Health Benefit Plan located?

Diocese Of St Cloud Non Erisa Health Benefit Plan is headquartered in Saint Cloud, Minnesota and files with the IRS under EIN 204234511. It is classified under NTEE code Y43.

How many years of IRS 990 filings does Diocese Of St Cloud Non Erisa Health Benefit Plan have?

Diocese Of St Cloud Non Erisa Health Benefit Plan 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 $5.3M in total revenue.

How does the organization manage its reserves given the fluctuations in annual revenue and expenses?

The organization consistently maintains positive assets, reaching $2,437,896 in 2023, and reports $0 in liabilities, indicating a strong reserve position to absorb periods of deficit spending, such as in 2022 and 2021.

What constitutes the 'program' spending for a health benefit plan?

For a health benefit plan, 'program' spending primarily refers to the direct payment of health benefits and claims to participants, which would account for the vast majority of its expenses.

Why is officer compensation consistently reported as 0%?

The consistent reporting of 0% officer compensation suggests that either the organization's officers are uncompensated, their compensation is paid by a related entity and not directly by this specific plan, or the compensation amounts are below the IRS reporting thresholds for individual officers.

Filing History

IRS 990 filing history for Diocese Of St Cloud Non Erisa Health Benefit Plan showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Diocese Of St Cloud Non Erisa Health Benefit Plan's revenue has declined by 4%, moving from $6.2M to $6.0M. Total assets increased by 46.5% over the same period, from $1.7M to $2.4M. Total functional expenses rose by 9.4%, from $5.2M to $5.7M. In its most recent filing year (2023), Diocese Of St Cloud Non Erisa Health Benefit Plan reported a surplus of $311K, with revenue exceeding expenses.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $6.0M $5.7M $2.4M $0 View 990
2022 $5.8M $6.1M $2.1M $0 View 990
2021 $5.4M $5.8M $2.4M $0
2020 $4.9M $4.4M $2.8M $0
2019 $4.9M $4.7M $2.2M $0 View 990
2018 $5.8M $5.4M $2.0M $0 View 990
2017 $5.8M $5.4M $1.6M $0 View 990
2016 $5.3M $5.4M $1.2M $0 View 990
2015 $5.0M $5.3M $1.3M $0 View 990
2014 $4.8M $5.1M $1.6M $0 View 990
2013 $4.5M $5.1M $1.9M $0 View 990
2012 $5.1M $4.2M $2.5M $0 View 990
2011 $6.2M $5.2M $1.7M $0 View 990

Year-by-Year Financial Summary

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Diocese Of St Cloud Non Erisa Health Benefit Plan:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Diocese Of St Cloud Non Erisa Health Benefit Plan 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.

Other Nonprofits in Minnesota

Explore more nonprofits based in Minnesota with AI-powered transparency reports.

View all Minnesota nonprofits →

Similar Organizations (NTEE Y43)

Other nonprofits classified under NTEE code Y43.

View all Y43 nonprofits →

Explore Related Nonprofits

Browse by State