Saints Peter And Paul Academy
Saints Peter And Paul Academy shows consistent revenue growth and strong financial health with no reported officer compensation.
EIN: 208638204 · Reading, OH · NTEE: B240 · Updated: 2026-03-28
Is Saints Peter And Paul Academy Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Saints Peter And Paul Academy directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Saints Peter And Paul Academy
Saints Peter And Paul Academy (EIN: 208638204) is a nonprofit organization based in Reading, OH, classified under NTEE code B240. The organization reported total revenue of $960K and total assets of $975K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Saints Peter And Paul Academy's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Saints Peter And Paul Academy is a small nonprofit that has been operating for 18 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 6.4%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $875K |
| Total Expenses | $755K |
| Surplus / Deficit | +$119K |
| Total Assets | $861K |
| Total Liabilities | $34K |
| Net Assets | $827K |
| Operating Margin | 13.6% |
| Debt-to-Asset Ratio | 4.0% |
| Months of Reserves | 13.7 months |
Financial Health Grade: A
In 2024, Saints Peter And Paul Academy reported a surplus of $119K with revenue exceeding expenses, holds 13.7 months of operating reserves (strong position), has a debt-to-asset ratio of 4.0% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), Saints Peter And Paul Academy's revenue has grown at a compound annual growth rate (CAGR) of 6.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +32.4% | +13.3% | +18.0% |
| 2023 | +0.1% | +2.8% | -1.2% |
| 2022 | +13.6% | -13.0% | +1.3% |
| 2021 | -21.2% | +22.0% | -18.3% |
| 2020 | +10.3% | +4.8% | +14.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2008 |
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 Saints Peter And Paul Academy with a Mission Score of 92 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, Saints Peter And Paul Academy 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 surplus of $119K, with revenue exceeding expenses.
- Debt-to-asset ratio: 4.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either volunteer-based or compensated through mechanisms not classified as officer compensation, which is highly favorable for directing funds to programs.
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 Saints Peter And Paul Academy:
- Consistent revenue growth, from $242,438 in 2015 to $874,546 in 2024, demonstrating increasing support and sustainability.
- Strong financial health with growing assets ($485,853 in 2015 to $861,019 in 2024) and manageable, decreasing liabilities.
- 0% reported officer compensation across all filings, indicating a highly efficient use of funds for its mission.
- Consistent operational surpluses in most years, showing effective expense management relative to income.
- Regular and extensive IRS 990 filing history (14 filings), indicating good transparency and compliance.
Frequently Asked Questions about Saints Peter And Paul Academy
Is Saints Peter And Paul Academy a legitimate charity?
Based on AI analysis of IRS 990 filings, Saints Peter And Paul Academy (EIN: 208638204) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Saints Peter And Paul Academy spend its money?
Saints Peter And Paul Academy directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Saints Peter And Paul Academy tax-deductible?
Saints Peter And Paul Academy is registered as a tax-exempt nonprofit (EIN: 208638204). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Saints Peter And Paul Academy manage to operate with 0% reported officer compensation?
The consistent reporting of 0% officer compensation suggests that the organization's leadership may be entirely volunteer-based or compensated through non-officer roles, which significantly reduces administrative overhead and maximizes funds for program services.
What is the primary source of the academy's revenue?
While the filings show total revenue, the specific breakdown of revenue sources (e.g., tuition, donations, grants) is not detailed in the provided summary. Further examination of the full 990 forms would be needed to identify primary revenue streams.
Has the academy experienced any significant financial challenges?
The academy experienced a few years where expenses slightly exceeded revenue (e.g., 202306, 202106, 201506), but these were generally minor and did not significantly impact overall asset growth or long-term financial stability. The organization has consistently recovered and maintained positive net assets.
Filing History
IRS 990 filing history for Saints Peter And Paul Academy showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Saints Peter And Paul Academy's revenue has grown by 123%, moving from $392K to $875K. Total assets increased by 71.9% over the same period, from $501K to $861K. Total functional expenses rose by 97.5%, from $382K to $755K. In its most recent filing year (2024), Saints Peter And Paul Academy reported a surplus of $119K, with revenue exceeding expenses. The organization holds $34K in liabilities against $861K in assets (debt-to-asset ratio: 4.0%), resulting in net assets of $827K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $875K | $755K | $861K | $34K | — | View 990 |
| 2023 | $661K | $667K | $730K | $22K | — | — |
| 2022 | $660K | $649K | $738K | $25K | — | View 990 |
| 2021 | $581K | $746K | $729K | $26K | — | View 990 |
| 2020 | $737K | $611K | $892K | $25K | — | View 990 |
| 2019 | $668K | $583K | $781K | $39K | — | View 990 |
| 2018 | $644K | $531K | $712K | $54K | — | — |
| 2017 | $640K | $504K | $619K | $74K | — | View 990 |
| 2016 | $538K | $506K | $498K | $88K | — | View 990 |
| 2015 | $242K | $282K | $486K | $108K | — | View 990 |
| 2014 | $468K | $493K | $534K | $117K | — | View 990 |
| 2013 | $526K | $438K | $571K | $128K | — | View 990 |
| 2012 | $371K | $406K | $499K | $145K | — | View 990 |
| 2011 | $392K | $382K | $501K | $158K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $875K, expenses of $755K, and assets of $861K (revenue +32.4% year-over-year).
- 2023: Revenue of $661K, expenses of $667K, and assets of $730K (revenue +0.1% year-over-year).
- 2022: Revenue of $660K, expenses of $649K, and assets of $738K (revenue +13.6% year-over-year).
- 2021: Revenue of $581K, expenses of $746K, and assets of $729K (revenue -21.2% year-over-year).
- 2020: Revenue of $737K, expenses of $611K, and assets of $892K (revenue +10.3% year-over-year).
- 2019: Revenue of $668K, expenses of $583K, and assets of $781K (revenue +3.7% year-over-year).
- 2018: Revenue of $644K, expenses of $531K, and assets of $712K (revenue +0.5% year-over-year).
- 2017: Revenue of $640K, expenses of $504K, and assets of $619K (revenue +18.9% year-over-year).
- 2016: Revenue of $538K, expenses of $506K, and assets of $498K (revenue +122.1% year-over-year).
- 2015: Revenue of $242K, expenses of $282K, and assets of $486K (revenue -48.2% year-over-year).
- 2014: Revenue of $468K, expenses of $493K, and assets of $534K (revenue -11.1% year-over-year).
- 2013: Revenue of $526K, expenses of $438K, and assets of $571K (revenue +42.0% year-over-year).
- 2012: Revenue of $371K, expenses of $406K, and assets of $499K (revenue -5.5% year-over-year).
- 2011: Revenue of $392K, expenses of $382K, and assets of $501K.
Data Sources and Methodology
This transparency report for Saints Peter And Paul Academy 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.