St Ambrose Endowment Foundation
St Ambrose Endowment Foundation consistently grows assets with minimal expenses and no officer compensation.
EIN: 208404220 · Brunswick, OH · NTEE: X11 · Updated: 2026-03-28
Is St Ambrose Endowment Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
St Ambrose Endowment Foundation directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About St Ambrose Endowment Foundation
St Ambrose Endowment Foundation (EIN: 208404220) is a nonprofit organization based in Brunswick, OH, classified under NTEE code X11. The organization reported total revenue of $787K and total assets of $2.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of St Ambrose Endowment Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
St Ambrose Endowment Foundation is a small nonprofit that has been operating for 12 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of 2.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $314K |
| Total Expenses | $5K |
| Surplus / Deficit | +$309K |
| Total Assets | $1.8M |
| Net Assets | $1.8M |
| Operating Margin | 98.3% |
| Months of Reserves | 3977.9 months |
Financial Health Grade: A
In 2023, St Ambrose Endowment Foundation reported a surplus of $309K with revenue exceeding expenses, holds 3977.9 months of operating reserves (strong position).
Financial Trends
Over 11 years of filings (2013–2023), St Ambrose Endowment Foundation's revenue has grown at a compound annual growth rate (CAGR) of 2.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +134.5% | -6.5% | +30.2% |
| 2022 | -57.4% | -3.9% | -4.9% |
| 2021 | +165.1% | -39.2% | +27.3% |
| 2020 | -25.4% | +69.7% | +10.7% |
| 2019 | +6205.1% | -89.4% | +17.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
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 Ambrose Endowment Foundation with a Mission Score of 90 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: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, St Ambrose Endowment Foundation allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $309K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization is managed by volunteers or has no paid officers, which is highly efficient for an endowment 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.
Strengths
The following positive indicators were identified for St Ambrose Endowment Foundation:
- Exceptional financial efficiency with very low operating expenses (e.g., $5,379 in 2023 against $314,224 revenue).
- Consistent asset growth, increasing from $1,022,663 in 2019 to $1,783,083 in 2023.
- Zero officer compensation reported across all filings, indicating volunteer leadership or highly lean administration.
- Strong financial stability with minimal to no liabilities reported in recent years.
- Clear focus on endowment management, aligning with its NTEE code X11.
Frequently Asked Questions about St Ambrose Endowment Foundation
Is St Ambrose Endowment Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, St Ambrose Endowment Foundation (EIN: 208404220) appears legitimate. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
How does St Ambrose Endowment Foundation spend its money?
St Ambrose Endowment Foundation directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to St Ambrose Endowment Foundation tax-deductible?
St Ambrose Endowment Foundation is registered as a tax-exempt nonprofit (EIN: 208404220). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for St Ambrose Endowment Foundation showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), St Ambrose Endowment Foundation's revenue has grown by 25.7%, moving from $250K to $314K. Total assets increased by 183.9% over the same period, from $628K to $1.8M. Total functional expenses fell by 19.4%, from $7K to $5K. In its most recent filing year (2023), St Ambrose Endowment Foundation reported a surplus of $309K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $314K | $5K | $1.8M | $0 | — | — |
| 2022 | $134K | $6K | $1.4M | $0 | — | View 990 |
| 2021 | $315K | $6K | $1.4M | $0 | — | View 990 |
| 2020 | $119K | $10K | $1.1M | $0 | — | — |
| 2019 | $159K | $6K | $1.0M | $241 | — | View 990 |
| 2018 | $3K | $55K | $869K | $0 | — | View 990 |
| 2017 | $113K | $8K | $921K | $0 | — | View 990 |
| 2016 | $223K | $10K | $816K | $0 | — | View 990 |
| 2015 | $25K | $12K | $604K | $0 | — | View 990 |
| 2014 | $17K | $55K | $591K | $0 | — | View 990 |
| 2013 | $250K | $7K | $628K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $314K, expenses of $5K, and assets of $1.8M (revenue +134.5% year-over-year).
- 2022: Revenue of $134K, expenses of $6K, and assets of $1.4M (revenue -57.4% year-over-year).
- 2021: Revenue of $315K, expenses of $6K, and assets of $1.4M (revenue +165.1% year-over-year).
- 2020: Revenue of $119K, expenses of $10K, and assets of $1.1M (revenue -25.4% year-over-year).
- 2019: Revenue of $159K, expenses of $6K, and assets of $1.0M (revenue +6205.1% year-over-year).
- 2018: Revenue of $3K, expenses of $55K, and assets of $869K (revenue -97.8% year-over-year).
- 2017: Revenue of $113K, expenses of $8K, and assets of $921K (revenue -49.4% year-over-year).
- 2016: Revenue of $223K, expenses of $10K, and assets of $816K (revenue +790.2% year-over-year).
- 2015: Revenue of $25K, expenses of $12K, and assets of $604K (revenue +46.8% year-over-year).
- 2014: Revenue of $17K, expenses of $55K, and assets of $591K (revenue -93.2% year-over-year).
- 2013: Revenue of $250K, expenses of $7K, and assets of $628K.
Data Sources and Methodology
This transparency report for St Ambrose Endowment 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.