Salpointe Catholic Education Foundation
EIN: 742382300 · Tucson, AZ
| Metric | Value |
|---|---|
| Total Revenue | $1.6M |
| Total Expenses | $417K |
| Net Assets | $2.5M |
Is Salpointe Catholic Education Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Salpointe Catholic Education Foundation
Salpointe Catholic Education Foundation (EIN: 742382300) is a nonprofit organization based in Tucson, AZ. The organization reported total revenue of $1.6M and total assets of $3.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Salpointe Catholic Education Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Salpointe Catholic Education Foundation is a mid-size nonprofit that has been operating for 40 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 41.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $228K |
| Total Expenses | $417K |
| Surplus / Deficit | $-189,282 |
| Total Assets | $2.8M |
| Total Liabilities | $304K |
| Net Assets | $2.5M |
| Operating Margin | -83.0% |
| Debt-to-Asset Ratio | 10.9% |
| Months of Reserves | 80.4 months |
Financial Health Grade: B
In 2023, Salpointe Catholic Education Foundation reported a deficit of $189K with expenses exceeding revenue, holds 80.4 months of operating reserves (strong position), has a debt-to-asset ratio of 10.9% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Salpointe Catholic Education Foundation's revenue has grown at a compound annual growth rate (CAGR) of 41.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +11.7% | +123.7% | +8.5% |
| 2022 | -30.0% | -3.4% | -18.6% |
| 2021 | +977.9% | +499.8% | +18.0% |
| 2020 | -81.6% | -94.1% | +4.1% |
| 2019 | -43.4% | +134.7% | +4.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1986 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Salpointe Catholic Education Foundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Salpointe Catholic Education Foundation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $189K, with expenses exceeding revenue.
- Debt-to-asset ratio: 10.9%.
Frequently Asked Questions about Salpointe Catholic Education Foundation
Is Salpointe Catholic Education Foundation a legitimate charity?
Salpointe Catholic Education Foundation (EIN: 742382300) is a registered tax-exempt nonprofit based in Arizona. It has 13 years of IRS 990 filings on record. Total revenue: $1.6M. No red flags identified. Financial health grade: B.
How does Salpointe Catholic Education Foundation spend its money?
Salpointe Catholic Education Foundation reported $1.6M in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Salpointe Catholic Education Foundation tax-deductible?
Salpointe Catholic Education Foundation is registered as a tax-exempt nonprofit (EIN: 742382300). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Salpointe Catholic Education Foundation located?
Salpointe Catholic Education Foundation is headquartered in Tucson, Arizona and files with the IRS under EIN 742382300.
How many years of IRS 990 filings does Salpointe Catholic Education Foundation have?
Salpointe Catholic Education Foundation has 13 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 $1.6M in total revenue.
Filing History
IRS 990 filing history for Salpointe Catholic Education Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Salpointe Catholic Education Foundation's revenue has grown by 6419.4%, moving from $3K to $228K. Total assets decreased by 2.6% over the same period, from $2.9M to $2.8M. Total functional expenses rose by 1258.9%, from $31K to $417K. In its most recent filing year (2023), Salpointe Catholic Education Foundation reported a deficit of $189K, with expenses exceeding revenue. The organization holds $304K in liabilities against $2.8M in assets (debt-to-asset ratio: 10.9%), resulting in net assets of $2.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $228K | $417K | $2.8M | $304K | — | View 990 |
| 2022 | $204K | $187K | $2.6M | $100K | — | View 990 |
| 2021 | $292K | $193K | $3.2M | $200K | — | — |
| 2020 | $27K | $32K | $2.7M | $300K | — | View 990 |
| 2019 | $147K | $546K | $2.6M | $400K | — | View 990 |
| 2018 | $260K | $233K | $2.5M | $0 | — | View 990 |
| 2017 | $312K | $122K | $2.3M | $0 | — | View 990 |
| 2016 | $126K | $116K | $1.9M | $0 | — | View 990 |
| 2015 | $116K | $338K | $2.2M | $338K | — | View 990 |
| 2014 | $194K | $125K | $2.2M | $200K | — | View 990 |
| 2013 | $156K | $111K | $2.5M | $842K | — | View 990 |
| 2012 | $197K | $1.6M | $2.5M | $1.1M | — | View 990 |
| 2011 | $3K | $31K | $2.9M | $15K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $228K, expenses of $417K, and assets of $2.8M (revenue +11.7% year-over-year).
- 2022: Revenue of $204K, expenses of $187K, and assets of $2.6M (revenue -30.0% year-over-year).
- 2021: Revenue of $292K, expenses of $193K, and assets of $3.2M (revenue +977.9% year-over-year).
- 2020: Revenue of $27K, expenses of $32K, and assets of $2.7M (revenue -81.6% year-over-year).
- 2019: Revenue of $147K, expenses of $546K, and assets of $2.6M (revenue -43.4% year-over-year).
- 2018: Revenue of $260K, expenses of $233K, and assets of $2.5M (revenue -16.8% year-over-year).
- 2017: Revenue of $312K, expenses of $122K, and assets of $2.3M (revenue +147.6% year-over-year).
- 2016: Revenue of $126K, expenses of $116K, and assets of $1.9M (revenue +8.3% year-over-year).
- 2015: Revenue of $116K, expenses of $338K, and assets of $2.2M (revenue -39.8% year-over-year).
- 2014: Revenue of $194K, expenses of $125K, and assets of $2.2M (revenue +24.4% year-over-year).
- 2013: Revenue of $156K, expenses of $111K, and assets of $2.5M (revenue -20.9% year-over-year).
- 2012: Revenue of $197K, expenses of $1.6M, and assets of $2.5M (revenue +5517.6% year-over-year).
- 2011: Revenue of $3K, expenses of $31K, and assets of $2.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Salpointe Catholic Education Foundation:
Data Sources and Methodology
This transparency report for Salpointe Catholic Education 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.