St Albans For The Future Inc
St Albans For The Future Inc reports a deficit in its latest fiscal period after a surplus in the prior year, maintaining no liabilities.
EIN: 201553147 · Saint Albans, VT · NTEE: S20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $184K |
| Total Expenses | $78K |
| Program Spending | 80% |
| Net Assets | $53K |
| Transparency Score | 75/100 |
Is St Albans For The Future Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
St Albans For The Future Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About St Albans For The Future Inc
St Albans For The Future Inc (EIN: 201553147) is a nonprofit organization based in Saint Albans, VT, classified under NTEE code S20. The organization reported total revenue of $184K and total assets of $45K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of St Albans For The Future Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
St Albans For The Future Inc is a small nonprofit that has been operating for 21 years, with 2 years of IRS 990 filings on record (2023–2024). Revenue has grown at a compound annual rate of 65.8%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $69K |
| Total Expenses | $78K |
| Surplus / Deficit | $-8,593 |
| Total Assets | $53K |
| Net Assets | $53K |
| Operating Margin | -12.5% |
| Months of Reserves | 8.2 months |
Financial Health Grade: B
In 2024, St Albans For The Future Inc reported a deficit of $9K with expenses exceeding revenue, holds 8.2 months of operating reserves (strong position).
Financial Trends
Over 2 years of filings (2023–2024), St Albans For The Future Inc's revenue has grown at a compound annual growth rate (CAGR) of 65.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +65.8% | +138.4% | -13.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 St Albans For The Future 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, St Albans For The Future 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $9K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is reported at 0% for both filing periods, indicating that the organization's leadership is either entirely volunteer-based or compensated through other means not classified as officer compensation, which is highly efficient for an organization of its size.
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 St Albans For The Future Inc's IRS 990 filings:
- Latest fiscal period shows expenses exceeding revenue ($77,589 vs $68,996), indicating a deficit.
Strengths
The following positive indicators were identified for St Albans For The Future Inc:
- No reported liabilities in either filing period, indicating strong financial solvency.
- 0% officer compensation reported for both periods, suggesting highly efficient administrative costs related to executive pay.
- Consistent asset base for a small organization, despite a slight decline in the latest period.
Frequently Asked Questions about St Albans For The Future Inc
Is St Albans For The Future Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, St Albans For The Future Inc (EIN: 201553147) some concerns. Mission Score: 75/100. 1 red flag identified, 3 strengths noted.
How does St Albans For The Future Inc spend its money?
St Albans For The Future Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to St Albans For The Future Inc tax-deductible?
St Albans For The Future Inc is registered as a tax-exempt nonprofit (EIN: 201553147). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of St Albans For The Future Inc's spending goes to programs?
St Albans For The Future Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does St Albans For The Future Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), St Albans For The Future Inc is above average for NTEE category S20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is St Albans For The Future Inc located?
St Albans For The Future Inc is headquartered in Saint Albans, Vermont and files with the IRS under EIN 201553147. It is classified under NTEE code S20.
How many years of IRS 990 filings does St Albans For The Future Inc have?
St Albans For The Future Inc has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $184K in total revenue.
Is St Albans For The Future Inc a good charity?
Based on the available data, St Albans For The Future Inc appears to be a fiscally responsible organization with no liabilities and 0% officer compensation. While it experienced a deficit in the latest period, its overall financial health seems stable for a small nonprofit. A more detailed breakdown of program spending versus administrative costs would provide a clearer picture of its direct impact.
What caused the deficit in the 202406 period?
The IRS 990 data shows that in the 202406 period, expenses ($77,589) exceeded revenues ($68,996) by $8,593. Without a detailed breakdown of expense categories, the specific cause of this deficit cannot be determined from the provided information.
Filing History
IRS 990 filing history for St Albans For The Future Inc showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2023–2024), St Albans For The Future Inc's revenue has grown by 65.8%, moving from $42K to $69K. Total assets decreased by 13.9% over the same period, from $62K to $53K. Total functional expenses rose by 138.4%, from $33K to $78K. In its most recent filing year (2024), St Albans For The Future Inc reported a deficit of $9K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $69K | $78K | $53K | $0 | — | — |
| 2023 | $42K | $33K | $62K | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for St Albans For The Future Inc:
Data Sources and Methodology
This transparency report for St Albans For The Future 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.