Mary Queen Of The Third Millinnium Usa
Mary Queen Of The Third Millinnium Usa maintains stable finances with consistent revenue and no reported officer compensation.
EIN: 204102314 · Katy, TX · NTEE: X22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.9M |
| Total Expenses | $2.2M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $1.0M |
| Transparency Score | 85/100 |
Is Mary Queen Of The Third Millinnium Usa Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mary Queen Of The Third Millinnium Usa directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mary Queen Of The Third Millinnium Usa
Mary Queen Of The Third Millinnium Usa (EIN: 204102314) is a nonprofit organization based in Katy, TX, classified under NTEE code X22. The organization reported total revenue of $1.9M and total assets of $1.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mary Queen Of The Third Millinnium Usa's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mary Queen Of The Third Millinnium Usa is a mid-size nonprofit that has been operating for 20 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 17.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.2M |
| Total Expenses | $2.2M |
| Surplus / Deficit | +$25K |
| Total Assets | $1.6M |
| Total Liabilities | $624K |
| Net Assets | $1.0M |
| Operating Margin | 1.2% |
| Debt-to-Asset Ratio | 37.9% |
| Months of Reserves | 9.2 months |
Financial Health Grade: A
In 2023, Mary Queen Of The Third Millinnium Usa reported a surplus of $25K with revenue exceeding expenses, holds 9.2 months of operating reserves (strong position), has a debt-to-asset ratio of 37.9% (moderate leverage).
Financial Trends
Over 12 years of filings (2011–2023), Mary Queen Of The Third Millinnium Usa's revenue has grown at a compound annual growth rate (CAGR) of 17.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -19.6% | -15.5% | +0.3% |
| 2022 | -2.2% | +2.3% | +9.0% |
| 2021 | -13.8% | -12.9% | +16.2% |
| 2020 | -0.9% | +26.3% | +2.3% |
| 2018 | +11.6% | -30.0% | +291.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| 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 Mary Queen Of The Third Millinnium Usa with a Mission Score of 85 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, Mary Queen Of The Third Millinnium Usa 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 $25K, with revenue exceeding expenses.
- Debt-to-asset ratio: 37.9%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries or other compensation are paid to officers, directors, trustees, or key employees. This suggests a volunteer-led or externally funded leadership structure, which is highly efficient in terms of executive overhead for an organization with revenues consistently over $1 million.
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 Mary Queen Of The Third Millinnium Usa's IRS 990 filings:
- Limited public detail on specific program spending due to NTEE code X22 (Religious Organization).
Strengths
The following positive indicators were identified for Mary Queen Of The Third Millinnium Usa:
- Consistent revenue generation, with latest revenue at $2,179,840.
- Zero reported officer compensation across all filings, indicating high efficiency in leadership costs.
- Steady growth in assets from $417,284 in 2013 to $1,645,124 in 2023.
- Expenses generally kept below revenue, contributing to financial stability.
- Healthy asset-to-liability ratio of approximately 2.64:1 in the latest filing.
Frequently Asked Questions about Mary Queen Of The Third Millinnium Usa
Is Mary Queen Of The Third Millinnium Usa a legitimate charity?
Based on AI analysis of IRS 990 filings, Mary Queen Of The Third Millinnium Usa (EIN: 204102314) some concerns. Mission Score: 85/100. 1 red flag identified, 5 strengths noted.
How does Mary Queen Of The Third Millinnium Usa spend its money?
Mary Queen Of The Third Millinnium Usa directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Mary Queen Of The Third Millinnium Usa tax-deductible?
Mary Queen Of The Third Millinnium Usa is registered as a tax-exempt nonprofit (EIN: 204102314). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Mary Queen Of The Third Millinnium Usa CEO make?
Mary Queen Of The Third Millinnium Usa's highest-compensated officer earns $1 annually. The organization reported $1.9M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Mary Queen Of The Third Millinnium Usa's spending goes to programs?
Mary Queen Of The Third Millinnium Usa directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Mary Queen Of The Third Millinnium Usa compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Mary Queen Of The Third Millinnium Usa is above average for NTEE category X22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Mary Queen Of The Third Millinnium Usa located?
Mary Queen Of The Third Millinnium Usa is headquartered in Katy, Texas and files with the IRS under EIN 204102314. It is classified under NTEE code X22.
How many years of IRS 990 filings does Mary Queen Of The Third Millinnium Usa have?
Mary Queen Of The Third Millinnium Usa 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 $1.9M in total revenue.
Is Mary Queen Of The Third Millinnium Usa a good charity?
Based on the available IRS 990 data, Mary Queen Of The Third Millinnium Usa appears to be a financially stable organization with consistent revenue streams and a strong commitment to minimizing administrative costs, particularly executive compensation. The consistent growth in assets and the fact that expenses are generally kept below revenue are positive indicators. However, as a religious organization (NTEE X22), detailed program effectiveness metrics are not typically available in 990 filings, which can make a full assessment of 'goodness' challenging without further information on their specific activities and impact.
How has the organization's revenue trended over the past decade?
The organization's revenue has shown some fluctuation but generally remained strong, ranging from a low of $927,281 in 2014 to a high of $4,115,480 in 2016. More recently, revenue has been in the $2-3 million range, with the latest reported revenue at $2,179,840 for the 202306 period.
What is the organization's asset-to-liability ratio?
For the latest period (202306), the organization's assets were $1,645,124 and liabilities were $623,677, resulting in an asset-to-liability ratio of approximately 2.64:1. This indicates a healthy financial position where assets significantly cover liabilities.
Filing History
IRS 990 filing history for Mary Queen Of The Third Millinnium Usa showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Mary Queen Of The Third Millinnium Usa's revenue has grown by 622%, moving from $302K to $2.2M. Total assets increased by 8105.1% over the same period, from $20K to $1.6M. Total functional expenses rose by 501.5%, from $358K to $2.2M. In its most recent filing year (2023), Mary Queen Of The Third Millinnium Usa reported a surplus of $25K, with revenue exceeding expenses. The organization holds $624K in liabilities against $1.6M in assets (debt-to-asset ratio: 37.9%), resulting in net assets of $1.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.2M | $2.2M | $1.6M | $624K | — | — |
| 2022 | $2.7M | $2.6M | $1.6M | $654K | — | View 990 |
| 2021 | $2.8M | $2.5M | $1.5M | $724K | — | View 990 |
| 2020 | $3.2M | $2.9M | $1.3M | $814K | — | — |
| 2018 | $3.2M | $2.3M | $1.3M | $171K | — | View 990 |
| 2017 | $2.9M | $3.2M | $324K | $166K | — | View 990 |
| 2016 | $4.1M | $3.9M | $702K | $497K | — | View 990 |
| 2015 | $1.8M | $1.7M | $456K | $98K | — | View 990 |
| 2014 | $927K | $896K | $537K | $264K | — | View 990 |
| 2013 | $1.2M | $1.1M | $417K | $197K | — | View 990 |
| 2012 | $702K | $431K | $114K | $27K | — | View 990 |
| 2011 | $302K | $358K | $20K | $204K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.2M, expenses of $2.2M, and assets of $1.6M (revenue -19.6% year-over-year).
- 2022: Revenue of $2.7M, expenses of $2.6M, and assets of $1.6M (revenue -2.2% year-over-year).
- 2021: Revenue of $2.8M, expenses of $2.5M, and assets of $1.5M (revenue -13.8% year-over-year).
- 2020: Revenue of $3.2M, expenses of $2.9M, and assets of $1.3M (revenue -0.9% year-over-year).
- 2018: Revenue of $3.2M, expenses of $2.3M, and assets of $1.3M (revenue +11.6% year-over-year).
- 2017: Revenue of $2.9M, expenses of $3.2M, and assets of $324K (revenue -29.3% year-over-year).
- 2016: Revenue of $4.1M, expenses of $3.9M, and assets of $702K (revenue +133.8% year-over-year).
- 2015: Revenue of $1.8M, expenses of $1.7M, and assets of $456K (revenue +89.8% year-over-year).
- 2014: Revenue of $927K, expenses of $896K, and assets of $537K (revenue -22.9% year-over-year).
- 2013: Revenue of $1.2M, expenses of $1.1M, and assets of $417K (revenue +71.3% year-over-year).
- 2012: Revenue of $702K, expenses of $431K, and assets of $114K (revenue +132.5% year-over-year).
- 2011: Revenue of $302K, expenses of $358K, and assets of $20K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mary Queen Of The Third Millinnium Usa:
Data Sources and Methodology
This transparency report for Mary Queen Of The Third Millinnium Usa 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.