Episcopal Management Corporation For St Marks Garden Inc
Episcopal Management Corporation For St Marks Garden Inc shows stable revenue but significant and fluctuating liabilities.
EIN: 203073394 · Sandy, UT · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $903K |
| Total Expenses | $979K |
| Program Spending | 75% |
| CEO/Top Officer Pay | $902,874 |
| Net Assets | $-3,186,576 |
| Transparency Score | 70/100 |
Is Episcopal Management Corporation For St Marks Garden Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Episcopal Management Corporation For St Marks Garden Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Episcopal Management Corporation For St Marks Garden Inc
Episcopal Management Corporation For St Marks Garden Inc (EIN: 203073394) is a nonprofit organization based in Sandy, UT. The organization reported total revenue of $903K and total assets of $3.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Episcopal Management Corporation For St Marks Garden Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Episcopal Management Corporation For St Marks Garden Inc is a small nonprofit that has been operating for 86 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 3.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $892K |
| Total Expenses | $979K |
| Surplus / Deficit | $-86,940 |
| Total Assets | $3.8M |
| Total Liabilities | $7.0M |
| Net Assets | $-3,186,576 |
| Operating Margin | -9.7% |
| Debt-to-Asset Ratio | 183.0% |
| Months of Reserves | 47.0 months |
Financial Health Grade: C
In 2023, Episcopal Management Corporation For St Marks Garden Inc reported a deficit of $87K with expenses exceeding revenue, holds 47.0 months of operating reserves (strong position), has a debt-to-asset ratio of 183.0% (high leverage).
Financial Trends
Over 12 years of filings (2012–2023), Episcopal Management Corporation For St Marks Garden Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +3.9% | +10.1% | -46.2% |
| 2022 | +19.8% | +24.7% | +368.4% |
| 2021 | -0.1% | +3.1% | -4.4% |
| 2020 | +1.3% | -0.7% | +0.5% |
| 2019 | +1.1% | +1.9% | -1.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 1940 |
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 Episcopal Management Corporation For St Marks Garden Inc 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: 75%
- fundraising: 10%
According to IRS 990 filings, Episcopal Management Corporation For St Marks Garden Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 $87K, with expenses exceeding revenue.
- Debt-to-asset ratio: 183.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that officers are not compensated, which is a highly positive sign for a nonprofit of this size (latest revenue $902,874).
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 Episcopal Management Corporation For St Marks Garden Inc's IRS 990 filings:
- Significant liabilities consistently exceeding assets in recent years (e.g., 2023: Liabilities $7.0M vs Assets $3.8M).
- Large, unexplained fluctuations in assets and liabilities between filing periods (e.g., 2021-2022 asset jump).
- Expenses exceeding revenue in the most recent filing period (2023: Expenses $979,235 vs Revenue $892,295).
Strengths
The following positive indicators were identified for Episcopal Management Corporation For St Marks Garden Inc:
- Consistent reporting of 0% officer compensation across all filings, indicating efficient executive-level spending.
- Long and consistent IRS 990 filing history (12 filings), demonstrating compliance and transparency.
- Generally stable revenue growth over the past decade, from $650,655 in 2014 to $892,295 in 2023.
Frequently Asked Questions about Episcopal Management Corporation For St Marks Garden Inc
Is Episcopal Management Corporation For St Marks Garden Inc a legitimate charity?
Episcopal Management Corporation For St Marks Garden Inc (EIN: 203073394) is a registered tax-exempt nonprofit based in Utah. Our AI analysis gives it a Mission Score of 70/100. It has 12 years of IRS 990 filings on record. Total revenue: $903K. 3 red flags identified. 3 strengths noted. Financial health grade: C.
How does Episcopal Management Corporation For St Marks Garden Inc spend its money?
Episcopal Management Corporation For St Marks Garden Inc directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Episcopal Management Corporation For St Marks Garden Inc tax-deductible?
Episcopal Management Corporation For St Marks Garden Inc is registered as a tax-exempt nonprofit (EIN: 203073394). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Episcopal Management Corporation For St Marks Garden Inc CEO make?
Episcopal Management Corporation For St Marks Garden Inc's highest-compensated officer earns $902,874 annually. The organization reported $903K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Episcopal Management Corporation For St Marks Garden Inc's spending goes to programs?
Episcopal Management Corporation For St Marks Garden Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Episcopal Management Corporation For St Marks Garden Inc located?
Episcopal Management Corporation For St Marks Garden Inc is headquartered in Sandy, Utah and files with the IRS under EIN 203073394.
How many years of IRS 990 filings does Episcopal Management Corporation For St Marks Garden Inc have?
Episcopal Management Corporation For St Marks Garden Inc has 12 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 $903K in total revenue.
What caused the significant increase in assets and liabilities between 2021 and 2022, and their subsequent changes in 2023?
The provided data shows assets jumped from $1.5M in 2021 to $7.1M in 2022, with liabilities similarly increasing from $1.4M to $7.1M. In 2023, assets decreased to $3.8M while liabilities remained high at $7.0M. This suggests a major financial event or transaction, such as a large loan or property acquisition, that significantly altered the balance sheet.
How does the organization manage its substantial liabilities, especially in relation to its assets?
In 2023, liabilities ($7,025,948) significantly exceeded assets ($3,839,372). This negative net asset position could indicate financial strain or a specific long-term debt structure that needs to be understood through a deeper dive into their full financial statements.
What is the specific NTEE code or primary mission of Episcopal Management Corporation For St Marks Garden Inc?
The NTEE code is listed as 'Unknown' in the provided data. Understanding the specific mission would allow for a more accurate assessment of program effectiveness and alignment of spending.
What is the breakdown of program, administrative, and fundraising expenses?
The provided summary data does not include a detailed breakdown of expenses. This information is crucial for assessing the organization's spending efficiency and how much of its budget directly supports its mission versus overhead.
Filing History
IRS 990 filing history for Episcopal Management Corporation For St Marks Garden Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Episcopal Management Corporation For St Marks Garden Inc's revenue has grown by 41%, moving from $633K to $892K. Total assets increased by 125.1% over the same period, from $1.7M to $3.8M. Total functional expenses rose by 64%, from $597K to $979K. In its most recent filing year (2023), Episcopal Management Corporation For St Marks Garden Inc reported a deficit of $87K, with expenses exceeding revenue. The organization holds $7.0M in liabilities against $3.8M in assets (debt-to-asset ratio: 183.0%), resulting in net assets of $-3,186,576.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $892K | $979K | $3.8M | $7.0M | — | — |
| 2022 | $859K | $890K | $7.1M | $7.1M | — | View 990 |
| 2021 | $717K | $713K | $1.5M | $1.5M | — | View 990 |
| 2020 | $717K | $692K | $1.6M | $1.6M | — | View 990 |
| 2019 | $708K | $697K | $1.6M | $1.6M | — | View 990 |
| 2018 | $700K | $683K | $1.6M | $1.6M | — | View 990 |
| 2017 | $692K | $649K | $1.7M | $1.7M | — | View 990 |
| 2016 | $672K | $629K | $1.6M | $1.7M | — | View 990 |
| 2015 | $659K | $648K | $1.6M | $1.7M | — | View 990 |
| 2014 | $651K | $655K | $1.7M | $1.8M | — | View 990 |
| 2013 | $651K | $651K | $1.7M | $1.8M | — | View 990 |
| 2012 | $633K | $597K | $1.7M | $1.8M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $892K, expenses of $979K, and assets of $3.8M (revenue +3.9% year-over-year).
- 2022: Revenue of $859K, expenses of $890K, and assets of $7.1M (revenue +19.8% year-over-year).
- 2021: Revenue of $717K, expenses of $713K, and assets of $1.5M (revenue -0.1% year-over-year).
- 2020: Revenue of $717K, expenses of $692K, and assets of $1.6M (revenue +1.3% year-over-year).
- 2019: Revenue of $708K, expenses of $697K, and assets of $1.6M (revenue +1.1% year-over-year).
- 2018: Revenue of $700K, expenses of $683K, and assets of $1.6M (revenue +1.2% year-over-year).
- 2017: Revenue of $692K, expenses of $649K, and assets of $1.7M (revenue +2.9% year-over-year).
- 2016: Revenue of $672K, expenses of $629K, and assets of $1.6M (revenue +2.0% year-over-year).
- 2015: Revenue of $659K, expenses of $648K, and assets of $1.6M (revenue +1.3% year-over-year).
- 2014: Revenue of $651K, expenses of $655K, and assets of $1.7M (revenue +0.0% year-over-year).
- 2013: Revenue of $651K, expenses of $651K, and assets of $1.7M (revenue +2.8% year-over-year).
- 2012: Revenue of $633K, expenses of $597K, and assets of $1.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Episcopal Management Corporation For St Marks Garden Inc:
Data Sources and Methodology
This transparency report for Episcopal Management Corporation For St Marks Garden 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.