Friends Of The St Lawrence Church
Friends Of The St Lawrence Church shows strong revenue and asset growth with no reported officer compensation.
EIN: 10505729 · Portland, ME · NTEE: Z99 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $703K |
| Total Expenses | $429K |
| Program Spending | 85% |
| Net Assets | $917K |
| Transparency Score | 88/100 |
Is Friends Of The St Lawrence Church Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Friends Of The St Lawrence Church directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Friends Of The St Lawrence Church
Friends Of The St Lawrence Church (EIN: 10505729) is a nonprofit organization based in Portland, ME, classified under NTEE code Z99. The organization reported total revenue of $703K and total assets of $2.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Friends Of The St Lawrence Church's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Friends Of The St Lawrence Church is a small nonprofit that has been operating for 29 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 11.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $654K |
| Total Expenses | $429K |
| Surplus / Deficit | +$225K |
| Total Assets | $1.4M |
| Total Liabilities | $494K |
| Net Assets | $917K |
| Operating Margin | 34.4% |
| Debt-to-Asset Ratio | 35.0% |
| Months of Reserves | 39.5 months |
Financial Health Grade: A
In 2023, Friends Of The St Lawrence Church reported a surplus of $225K with revenue exceeding expenses, holds 39.5 months of operating reserves (strong position), has a debt-to-asset ratio of 35.0% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Friends Of The St Lawrence Church's revenue has grown at a compound annual growth rate (CAGR) of 11.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +127.0% | +32.6% | +24.4% |
| 2022 | -4.1% | +84.0% | -3.3% |
| 2021 | +122.2% | +20.0% | +62.6% |
| 2020 | -25.4% | -31.0% | +9.0% |
| 2019 | -10.0% | -9.3% | -3.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1997 |
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 Friends Of The St Lawrence Church with a Mission Score of 88 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
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Friends Of The St Lawrence Church allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 surplus of $225K, with revenue exceeding expenses.
- Debt-to-asset ratio: 35.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating a volunteer-led executive structure or that executive roles are not compensated, which is highly favorable for directing funds to the mission.
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 Friends Of The St Lawrence Church's IRS 990 filings:
- NTEE Code Z99 (Unknown) could be more specific for better classification clarity.
Strengths
The following positive indicators were identified for Friends Of The St Lawrence Church:
- Significant revenue growth, especially in recent years (from $183,628 in 2014 to $654,186 in 2023).
- Consistent asset growth, more than doubling over the decade ($793,511 in 2014 to $1,411,283 in 2023).
- 0% officer compensation reported across all filings, indicating high efficiency and volunteer leadership.
- Positive net income in most recent filing (2023: Revenue $654,186 vs. Expenses $429,046).
- Strong financial position with substantial assets relative to liabilities.
Frequently Asked Questions about Friends Of The St Lawrence Church
Is Friends Of The St Lawrence Church a legitimate charity?
Based on AI analysis of IRS 990 filings, Friends Of The St Lawrence Church (EIN: 10505729) some concerns. Mission Score: 88/100. 1 red flag identified, 5 strengths noted.
How does Friends Of The St Lawrence Church spend its money?
Friends Of The St Lawrence Church directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Friends Of The St Lawrence Church tax-deductible?
Friends Of The St Lawrence Church is registered as a tax-exempt nonprofit (EIN: 10505729). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Friends Of The St Lawrence Church's spending goes to programs?
Friends Of The St Lawrence Church directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Friends Of The St Lawrence Church compare to similar nonprofits?
With a transparency score of 88/100 (Excellent), Friends Of The St Lawrence Church is above average for NTEE category Z99 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Friends Of The St Lawrence Church located?
Friends Of The St Lawrence Church is headquartered in Portland, Maine and files with the IRS under EIN 10505729. It is classified under NTEE code Z99.
How many years of IRS 990 filings does Friends Of The St Lawrence Church have?
Friends Of The St Lawrence Church 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 $703K in total revenue.
Is Friends Of The St Lawrence Church a good charity?
Based on the provided financial data, Friends Of The St Lawrence Church appears to be a well-managed organization with strong financial growth and a clear commitment to minimizing executive compensation, suggesting a good charity.
How has the organization's revenue changed over time?
The organization has experienced significant revenue growth, increasing from $183,628 in 2014 to $654,186 in 2023, with a notable surge in the last two years.
What is the trend in the organization's assets?
Assets have shown a consistent upward trend, more than doubling from $793,511 in 2014 to $1,992,562 (latest reported) and $1,411,283 in 2023, indicating strong financial health and accumulation of resources.
Does the organization pay its officers?
No, the organization consistently reports 0% officer compensation across all 13 available IRS 990 filings, indicating that officers are not compensated.
Filing History
IRS 990 filing history for Friends Of The St Lawrence Church showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Friends Of The St Lawrence Church's revenue has grown by 276.8%, moving from $174K to $654K. Total assets increased by 57.4% over the same period, from $897K to $1.4M. Total functional expenses rose by 97.9%, from $217K to $429K. In its most recent filing year (2023), Friends Of The St Lawrence Church reported a surplus of $225K, with revenue exceeding expenses. The organization holds $494K in liabilities against $1.4M in assets (debt-to-asset ratio: 35.0%), resulting in net assets of $917K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $654K | $429K | $1.4M | $494K | — | — |
| 2022 | $288K | $324K | $1.1M | $499K | — | View 990 |
| 2021 | $300K | $176K | $1.2M | $503K | — | View 990 |
| 2020 | $135K | $147K | $721K | $176K | — | View 990 |
| 2019 | $181K | $212K | $662K | $104K | — | View 990 |
| 2018 | $201K | $234K | $686K | $97K | — | View 990 |
| 2017 | $193K | $228K | $722K | $100K | — | View 990 |
| 2016 | $193K | $244K | $756K | $100K | — | View 990 |
| 2015 | $191K | $218K | $802K | $96K | — | View 990 |
| 2014 | $184K | $234K | $794K | $60K | — | View 990 |
| 2013 | $182K | $214K | $855K | $70K | — | View 990 |
| 2012 | $182K | $207K | $867K | $51K | — | View 990 |
| 2011 | $174K | $217K | $897K | $56K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $654K, expenses of $429K, and assets of $1.4M (revenue +127.0% year-over-year).
- 2022: Revenue of $288K, expenses of $324K, and assets of $1.1M (revenue -4.1% year-over-year).
- 2021: Revenue of $300K, expenses of $176K, and assets of $1.2M (revenue +122.2% year-over-year).
- 2020: Revenue of $135K, expenses of $147K, and assets of $721K (revenue -25.4% year-over-year).
- 2019: Revenue of $181K, expenses of $212K, and assets of $662K (revenue -10.0% year-over-year).
- 2018: Revenue of $201K, expenses of $234K, and assets of $686K (revenue +4.2% year-over-year).
- 2017: Revenue of $193K, expenses of $228K, and assets of $722K (revenue +0.0% year-over-year).
- 2016: Revenue of $193K, expenses of $244K, and assets of $756K (revenue +1.2% year-over-year).
- 2015: Revenue of $191K, expenses of $218K, and assets of $802K (revenue +4.0% year-over-year).
- 2014: Revenue of $184K, expenses of $234K, and assets of $794K (revenue +0.9% year-over-year).
- 2013: Revenue of $182K, expenses of $214K, and assets of $855K (revenue +-0.0% year-over-year).
- 2012: Revenue of $182K, expenses of $207K, and assets of $867K (revenue +4.9% year-over-year).
- 2011: Revenue of $174K, expenses of $217K, and assets of $897K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Friends Of The St Lawrence Church:
Data Sources and Methodology
This transparency report for Friends Of The St Lawrence Church 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.