Saginaw Catholic Mustard Seed Foundation
Saginaw Catholic Mustard Seed Foundation consistently reports zero officer compensation amidst stable finances.
EIN: 113661899 · Saginaw, MI · NTEE: L41 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $710K |
| Total Expenses | $763K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $700,000 |
| Net Assets | $1.1M |
| Transparency Score | 95/100 |
Is Saginaw Catholic Mustard Seed Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Saginaw Catholic Mustard Seed Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Saginaw Catholic Mustard Seed Foundation
Saginaw Catholic Mustard Seed Foundation (EIN: 113661899) is a nonprofit organization based in Saginaw, MI, classified under NTEE code L41. The organization reported total revenue of $710K and total assets of $1.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Saginaw Catholic Mustard Seed Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Saginaw Catholic Mustard Seed Foundation is a small nonprofit that has been operating for 23 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 20.3%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $750K |
| Total Expenses | $763K |
| Surplus / Deficit | $-12,930 |
| Total Assets | $1.1M |
| Total Liabilities | $15K |
| Net Assets | $1.1M |
| Operating Margin | -1.7% |
| Debt-to-Asset Ratio | 1.3% |
| Months of Reserves | 17.8 months |
Financial Health Grade: B
In 2024, Saginaw Catholic Mustard Seed Foundation reported a deficit of $13K with expenses exceeding revenue, holds 17.8 months of operating reserves (strong position), has a debt-to-asset ratio of 1.3% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), Saginaw Catholic Mustard Seed Foundation's revenue has grown at a compound annual growth rate (CAGR) of 20.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +10.6% | +9.6% | -0.5% |
| 2023 | -7.9% | +9.0% | -2.0% |
| 2022 | +10.1% | +1.8% | +12.2% |
| 2021 | -42.6% | +19.1% | +4.1% |
| 2020 | +90.0% | +15.8% | +183.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2003 |
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 Saginaw Catholic Mustard Seed Foundation with a Mission Score of 95 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: 90%
- fundraising: 0%
According to IRS 990 filings, Saginaw Catholic Mustard Seed Foundation allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $13K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.3%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive salaries from the organization, which is highly commendable for an organization with over $700,000 in annual revenue.
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 Saginaw Catholic Mustard Seed Foundation:
- Consistent 0% officer compensation across all filings, indicating high efficiency.
- Healthy and growing asset base, exceeding $1 million in recent years.
- Very low liabilities, demonstrating sound financial management.
- Consistent filing history over 14 periods, showing commitment to transparency.
- Stable revenue streams, generally between $600,000 and $750,000 annually.
Frequently Asked Questions about Saginaw Catholic Mustard Seed Foundation
Is Saginaw Catholic Mustard Seed Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Saginaw Catholic Mustard Seed Foundation (EIN: 113661899) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Saginaw Catholic Mustard Seed Foundation spend its money?
Saginaw Catholic Mustard Seed Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Saginaw Catholic Mustard Seed Foundation tax-deductible?
Saginaw Catholic Mustard Seed Foundation is registered as a tax-exempt nonprofit (EIN: 113661899). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Saginaw Catholic Mustard Seed Foundation CEO make?
Saginaw Catholic Mustard Seed Foundation's highest-compensated officer earns $700,000 annually. The organization reported $710K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Saginaw Catholic Mustard Seed Foundation compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Saginaw Catholic Mustard Seed Foundation is above average for NTEE category L41 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Saginaw Catholic Mustard Seed Foundation located?
Saginaw Catholic Mustard Seed Foundation is headquartered in Saginaw, Michigan and files with the IRS under EIN 113661899. It is classified under NTEE code L41.
How many years of IRS 990 filings does Saginaw Catholic Mustard Seed Foundation have?
Saginaw Catholic Mustard Seed Foundation has 14 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 $710K in total revenue.
Is Saginaw Catholic Mustard Seed Foundation a good charity?
Based on the provided data, the Saginaw Catholic Mustard Seed Foundation appears to be a very good charity. It consistently reports 0% officer compensation, maintains a healthy asset base, and has low liabilities, all indicating strong financial health and efficient use of funds.
How does the organization manage its administrative costs?
While specific administrative cost breakdowns are not fully detailed, the consistent reporting of 0% officer compensation strongly suggests that administrative overhead, particularly related to executive salaries, is extremely low or non-existent, contributing to high spending efficiency.
What is the trend in the organization's assets?
The organization's assets have shown significant growth, particularly from $173,801 in 2017 to over $1 million in recent years, reaching $1,130,106 in 2024, indicating strong financial growth and stability.
Filing History
IRS 990 filing history for Saginaw Catholic Mustard Seed Foundation showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Saginaw Catholic Mustard Seed Foundation's revenue has grown by 1005.9%, moving from $68K to $750K. Total assets increased by 978.4% over the same period, from $105K to $1.1M. Total functional expenses rose by 1132.7%, from $62K to $763K. In its most recent filing year (2024), Saginaw Catholic Mustard Seed Foundation reported a deficit of $13K, with expenses exceeding revenue. The organization holds $15K in liabilities against $1.1M in assets (debt-to-asset ratio: 1.3%), resulting in net assets of $1.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $750K | $763K | $1.1M | $15K | — | — |
| 2023 | $678K | $696K | $1.1M | $11K | — | View 990 |
| 2022 | $736K | $639K | $1.2M | $17K | — | View 990 |
| 2021 | $669K | $627K | $1.0M | $0 | — | View 990 |
| 2020 | $1.2M | $527K | $993K | $3K | — | View 990 |
| 2019 | $614K | $455K | $351K | $345 | — | View 990 |
| 2018 | $441K | $426K | $190K | $753 | — | — |
| 2017 | $189K | $166K | $174K | $730 | — | View 990 |
| 2016 | $361K | $362K | $152K | $1K | — | View 990 |
| 2015 | $326K | $297K | $147K | $666 | — | View 990 |
| 2014 | $243K | $254K | $292K | $175K | — | — |
| 2013 | $228K | $227K | $121K | $422 | — | View 990 |
| 2012 | $185K | $173K | $117K | $0 | — | View 990 |
| 2011 | $68K | $62K | $105K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $750K, expenses of $763K, and assets of $1.1M (revenue +10.6% year-over-year).
- 2023: Revenue of $678K, expenses of $696K, and assets of $1.1M (revenue -7.9% year-over-year).
- 2022: Revenue of $736K, expenses of $639K, and assets of $1.2M (revenue +10.1% year-over-year).
- 2021: Revenue of $669K, expenses of $627K, and assets of $1.0M (revenue -42.6% year-over-year).
- 2020: Revenue of $1.2M, expenses of $527K, and assets of $993K (revenue +90.0% year-over-year).
- 2019: Revenue of $614K, expenses of $455K, and assets of $351K (revenue +39.0% year-over-year).
- 2018: Revenue of $441K, expenses of $426K, and assets of $190K (revenue +134.0% year-over-year).
- 2017: Revenue of $189K, expenses of $166K, and assets of $174K (revenue -47.7% year-over-year).
- 2016: Revenue of $361K, expenses of $362K, and assets of $152K (revenue +10.5% year-over-year).
- 2015: Revenue of $326K, expenses of $297K, and assets of $147K (revenue +34.5% year-over-year).
- 2014: Revenue of $243K, expenses of $254K, and assets of $292K (revenue +6.3% year-over-year).
- 2013: Revenue of $228K, expenses of $227K, and assets of $121K (revenue +23.2% year-over-year).
- 2012: Revenue of $185K, expenses of $173K, and assets of $117K (revenue +173.3% year-over-year).
- 2011: Revenue of $68K, expenses of $62K, and assets of $105K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Saginaw Catholic Mustard Seed Foundation:
Data Sources and Methodology
This transparency report for Saginaw Catholic Mustard Seed Foundation 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.