Saint Josephs Abbey Resident Care Facility

Saint Josephs Abbey Resident Care Facility consistently operates at a deficit, with liabilities nearly matching assets.

EIN: 10801237 · Spencer, MA · Updated: 2026-03-27

$592KRevenue

$758KAssets

70/100Mission Score (Good)

About Saint Josephs Abbey Resident Care Facility

Saint Josephs Abbey Resident Care Facility (EIN: 10801237) is a nonprofit organization based in Spencer, MA. The organization reported total revenue of $592K and total assets of $758K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Saint Josephs Abbey Resident Care Facility's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Saint Josephs Abbey Resident Care Facility appears to be a small organization with consistent financial activity over the two reported periods. In 2013, the organization reported revenues of $591,859 against expenses of $623,220, indicating a slight deficit for the year. This trend of expenses exceeding revenue was also present in 2012, with revenues of $654,977 and expenses of $691,703. While the organization maintains a positive asset base ($758,494 in 2013), its liabilities are substantial ($744,905 in 2013), suggesting a high reliance on debt or restricted funds relative to its total assets. The lack of reported officer compensation in both periods is a positive indicator for donor confidence regarding executive pay.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Saint Josephs Abbey Resident Care Facility 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: 80%
fundraising: 5%

According to IRS 990 filings, Saint Josephs Abbey Resident Care Facility 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.

Executive Compensation Analysis

No officer compensation was reported in either 2012 or 2013, which is highly favorable and suggests resources are not being diverted to high executive salaries, especially for an organization of its size with revenues under $700,000.

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 Saint Josephs Abbey Resident Care Facility's IRS 990 filings:

Consistent operating deficits (expenses exceeding revenue in both reported years)
High liabilities relative to total assets ($744,905 liabilities vs. $758,494 assets in 2013)

Strengths

The following positive indicators were identified for Saint Josephs Abbey Resident Care Facility:

No reported officer compensation, indicating efficient use of funds for leadership
Consistent revenue generation over $590,000 annually

Frequently Asked Questions about Saint Josephs Abbey Resident Care Facility

Is Saint Josephs Abbey Resident Care Facility financially stable?

The organization has consistently spent more than it earned in the reported periods (e.g., $623,220 expenses vs. $591,859 revenue in 2013), and its liabilities are very close to its total assets ($744,905 liabilities vs. $758,494 assets in 2013), indicating potential financial strain or a tight operating margin.

How does Saint Josephs Abbey Resident Care Facility manage its executive compensation?

The organization reported 0% officer compensation in both 2012 and 2013, which is excellent for an organization of its size and suggests a strong commitment to directing funds towards its mission rather than executive salaries.

Filing History

IRS 990 filing history for Saint Josephs Abbey Resident Care Facility showing financial trends over 2 years of public records:

Over 2 years of IRS 990 filings (2012–2013), Saint Josephs Abbey Resident Care Facility's revenue has declined by 9.6%, moving from $655K to $592K. Total assets decreased by 2.8% over the same period, from $780K to $758K. Total functional expenses fell by 9.9%, from $692K to $623K. In its most recent filing year (2013), Saint Josephs Abbey Resident Care Facility reported a deficit of $31K, with expenses exceeding revenue. The organization holds $745K in liabilities against $758K in assets (debt-to-asset ratio: 98.2%), resulting in net assets of $14K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2013	$592K	$623K	$758K	$745K	—	View 990
2012	$655K	$692K	$780K	$735K	—	View 990

Data Sources and Methodology

This transparency report for Saint Josephs Abbey Resident Care Facility 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.