Roman Catholic Archdiocese Of Nassau Inc
Roman Catholic Archdiocese Of Nassau Inc. shows fluctuating annual revenues and expenses with no reported officer compensation.
EIN: 113798061 · Coral Gables, FL · NTEE: T990 · Updated: 2026-03-28
Is Roman Catholic Archdiocese Of Nassau Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Roman Catholic Archdiocese Of Nassau Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Roman Catholic Archdiocese Of Nassau Inc
Roman Catholic Archdiocese Of Nassau Inc (EIN: 113798061) is a nonprofit organization based in Coral Gables, FL, classified under NTEE code T990. The organization reported total revenue of $10.0M and total assets of $10.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Roman Catholic Archdiocese Of Nassau Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Roman Catholic Archdiocese Of Nassau Inc is a large nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -3.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.4M |
| Total Expenses | $2.0M |
| Surplus / Deficit | $-561,044 |
| Total Assets | $9.6M |
| Total Liabilities | $30K |
| Net Assets | $9.6M |
| Operating Margin | -39.9% |
| Debt-to-Asset Ratio | 0.3% |
| Months of Reserves | 58.6 months |
Financial Health Grade: B
In 2023, Roman Catholic Archdiocese Of Nassau Inc reported a deficit of $561K with expenses exceeding revenue, holds 58.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.3% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Roman Catholic Archdiocese Of Nassau Inc's revenue has declined at a compound annual growth rate (CAGR) of -3.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +37.6% | +0.2% | -0.9% |
| 2022 | -40.2% | +86.0% | -18.3% |
| 2021 | -62.7% | -70.9% | +16.7% |
| 2020 | +708.7% | +367.8% | +9.6% |
| 2019 | -60.7% | +3.9% | -9.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Roman Catholic Archdiocese Of Nassau 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, Roman Catholic Archdiocese Of Nassau 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 $561K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.3%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to officers, which is highly unusual for an organization of its size and asset base. This suggests either a volunteer leadership structure or compensation is categorized differently, which could impact transparency.
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 Roman Catholic Archdiocese Of Nassau Inc's IRS 990 filings:
- Significant year-over-year revenue volatility (e.g., $566,903 in 2019 vs. $4,584,632 in 2020).
- Consistent operating deficits in recent years (e.g., 2023 and 2022 expenses exceeded revenue).
- Lack of detailed functional expense breakdown (program, admin, fundraising) in provided data, hindering efficiency analysis.
- Reporting 0% officer compensation for an organization with over $10M in assets and $10M in latest revenue is unusual and may warrant further inquiry into how leadership is compensated or structured.
Strengths
The following positive indicators were identified for Roman Catholic Archdiocese Of Nassau Inc:
- Consistently low liabilities, indicating strong financial solvency.
- Stable asset base over the past decade, suggesting long-term financial resilience.
- No reported officer compensation, potentially indicating a high dedication of resources to mission or volunteer leadership.
Frequently Asked Questions about Roman Catholic Archdiocese Of Nassau Inc
Is Roman Catholic Archdiocese Of Nassau Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Roman Catholic Archdiocese Of Nassau Inc (EIN: 113798061) some concerns. Mission Score: 75/100. 4 red flags identified, 3 strengths noted.
How does Roman Catholic Archdiocese Of Nassau Inc spend its money?
Roman Catholic Archdiocese Of Nassau Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Roman Catholic Archdiocese Of Nassau Inc tax-deductible?
Roman Catholic Archdiocese Of Nassau Inc is registered as a tax-exempt nonprofit (EIN: 113798061). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does the Roman Catholic Archdiocese Of Nassau Inc. sustain operations with fluctuating revenues and no reported officer compensation?
The organization's financial data shows significant year-to-year revenue fluctuations, with some years experiencing deficits (e.g., 2023: revenue $1.4M, expenses $1.9M). The consistent reporting of 0% officer compensation suggests either a volunteer-led executive structure or that executive compensation is reported under other expense categories, which would require further investigation for full transparency.
What is the primary source of the organization's revenue, given the wide variations?
The provided data does not specify the sources of revenue. However, the significant fluctuations, such as the jump from $566,903 in 2019 to $4,584,632 in 2020, suggest potential reliance on large, infrequent donations, grants, or specific campaigns rather than consistent, predictable income streams.
What are the specific program activities funded by the organization?
The NTEE code T990 indicates 'Religious, Spiritual, and Humanistic Organizations, Not Elsewhere Classified.' Without a detailed functional expense breakdown, it is not possible to determine the specific program activities or the proportion of spending dedicated to them from the provided financial data.
Filing History
IRS 990 filing history for Roman Catholic Archdiocese Of Nassau Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Roman Catholic Archdiocese Of Nassau Inc's revenue has declined by 30.2%, moving from $2.0M to $1.4M. Total assets increased by 13.5% over the same period, from $8.5M to $9.6M. Total functional expenses rose by 44.2%, from $1.4M to $2.0M. In its most recent filing year (2023), Roman Catholic Archdiocese Of Nassau Inc reported a deficit of $561K, with expenses exceeding revenue. The organization holds $30K in liabilities against $9.6M in assets (debt-to-asset ratio: 0.3%), resulting in net assets of $9.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.4M | $2.0M | $9.6M | $30K | — | View 990 |
| 2022 | $1.0M | $2.0M | $9.7M | $17K | — | View 990 |
| 2021 | $1.7M | $1.1M | $11.9M | $11K | — | View 990 |
| 2020 | $4.6M | $3.6M | $10.2M | $35K | — | — |
| 2019 | $567K | $776K | $9.3M | $28K | — | View 990 |
| 2018 | $1.4M | $747K | $10.2M | $33K | — | View 990 |
| 2017 | $1.5M | $746K | $9.8M | $408K | — | View 990 |
| 2016 | $1.2M | $1.3M | $8.9M | $363K | — | View 990 |
| 2015 | $1.2M | $1.1M | $8.8M | $353K | — | View 990 |
| 2014 | $1.5M | $1.6M | $9.4M | $380K | — | View 990 |
| 2013 | $1.6M | $1.6M | $8.8M | $332K | — | View 990 |
| 2012 | $1.2M | $1.2M | $9.0M | $297K | — | View 990 |
| 2011 | $2.0M | $1.4M | $8.5M | $323K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.4M, expenses of $2.0M, and assets of $9.6M (revenue +37.6% year-over-year).
- 2022: Revenue of $1.0M, expenses of $2.0M, and assets of $9.7M (revenue -40.2% year-over-year).
- 2021: Revenue of $1.7M, expenses of $1.1M, and assets of $11.9M (revenue -62.7% year-over-year).
- 2020: Revenue of $4.6M, expenses of $3.6M, and assets of $10.2M (revenue +708.7% year-over-year).
- 2019: Revenue of $567K, expenses of $776K, and assets of $9.3M (revenue -60.7% year-over-year).
- 2018: Revenue of $1.4M, expenses of $747K, and assets of $10.2M (revenue -4.2% year-over-year).
- 2017: Revenue of $1.5M, expenses of $746K, and assets of $9.8M (revenue +27.0% year-over-year).
- 2016: Revenue of $1.2M, expenses of $1.3M, and assets of $8.9M (revenue -3.3% year-over-year).
- 2015: Revenue of $1.2M, expenses of $1.1M, and assets of $8.8M (revenue -18.5% year-over-year).
- 2014: Revenue of $1.5M, expenses of $1.6M, and assets of $9.4M (revenue -5.8% year-over-year).
- 2013: Revenue of $1.6M, expenses of $1.6M, and assets of $8.8M (revenue +33.9% year-over-year).
- 2012: Revenue of $1.2M, expenses of $1.2M, and assets of $9.0M (revenue -40.8% year-over-year).
- 2011: Revenue of $2.0M, expenses of $1.4M, and assets of $8.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Roman Catholic Archdiocese Of Nassau Inc:
Data Sources and Methodology
This transparency report for Roman Catholic Archdiocese Of Nassau 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.