St Augustine Foundation Ltd
St Augustine Foundation Ltd consistently maintains strong assets and zero officer compensation amidst fluctuating revenues.
EIN: 134001904 · Yonkers, NY · NTEE: P45 · Updated: 2026-03-28
Is St Augustine Foundation Ltd Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
St Augustine Foundation Ltd directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About St Augustine Foundation Ltd
St Augustine Foundation Ltd (EIN: 134001904) is a nonprofit organization based in Yonkers, NY, classified under NTEE code P45. The organization reported total revenue of $8.5M and total assets of $11.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of St Augustine Foundation Ltd's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates St Augustine Foundation Ltd with a Mission Score of 85 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: 85%
- fundraising: 5%
According to IRS 990 filings, St Augustine Foundation Ltd allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The St Augustine Foundation Ltd consistently reports 0% officer compensation across all available filings, indicating that no funds are used for executive salaries, which is highly unusual for an organization with assets exceeding $11 million.
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 Augustine Foundation Ltd's IRS 990 filings:
- Lack of detailed functional expense breakdown (program, admin, fundraising) in summary data, making precise efficiency analysis difficult.
- Significant and unexplained fluctuations in annual revenue, which could indicate reliance on unpredictable funding sources.
- Unusually low liabilities ($1 consistently reported) for an organization with over $11 million in assets, which might warrant further scrutiny of financial reporting practices or indicate a highly conservative financial approach.
Strengths
The following positive indicators were identified for St Augustine Foundation Ltd:
- Consistent reporting of 0% officer compensation, indicating strong donor-centric financial practices.
- Strong and growing asset base, increasing from $7,814,677 in 2011 to $11,431,698 currently, demonstrating financial stability.
- Low expense-to-revenue ratio in recent years (e.g., 2023 expenses were 58.8% of revenue), suggesting efficient management of resources.
- Consistent IRS 990 filing history over a decade, indicating good compliance and transparency.
- Extremely low liabilities, suggesting a very strong balance sheet and minimal financial risk.
Frequently Asked Questions about St Augustine Foundation Ltd
Is St Augustine Foundation Ltd a legitimate charity?
Based on AI analysis of IRS 990 filings, St Augustine Foundation Ltd (EIN: 134001904) some concerns. Mission Score: 85/100. 3 red flags identified, 5 strengths noted.
How does St Augustine Foundation Ltd spend its money?
St Augustine Foundation Ltd directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to St Augustine Foundation Ltd tax-deductible?
St Augustine Foundation Ltd is registered as a tax-exempt nonprofit (EIN: 134001904). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What are the specific programs St Augustine Foundation Ltd funds?
The provided data does not detail the specific programs or activities of the St Augustine Foundation Ltd. To understand their mission impact, one would need to review their full IRS Form 990 filings or their website for program descriptions.
How does the organization manage to operate with 0% officer compensation?
The consistent reporting of 0% officer compensation suggests that the organization may be entirely volunteer-run at the executive level, or that executive services are provided pro bono, or through a separate entity not reflected in this compensation line item. This is a significant operational model that warrants further investigation for sustainability and structure.
What caused the significant revenue fluctuations, such as the jump to $1,397,091 in 2022 and $1,111,812 in 2023 from $295,009 in 2021?
The provided data does not specify the sources of revenue, making it difficult to pinpoint the exact reasons for these fluctuations. It could be due to large one-time donations, investment gains, or changes in funding strategies. A review of the full 990 forms would likely provide more detail on contributions and investment income.
Given the low expenses relative to revenue in recent years, how are the excess funds being utilized?
With expenses significantly lower than revenue in periods like 2023 ($654,447 expenses vs. $1,111,812 revenue) and 2022 ($449,360 expenses vs. $1,397,091 revenue), the excess funds appear to be contributing to the organization's substantial asset growth, which increased from $7,570,506 in 2022 to $7,998,119 in 2023, and currently stands at $11,431,698.
Filing History
IRS 990 filing history for St Augustine Foundation Ltd showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), St Augustine Foundation Ltd's revenue has declined by 8.8%, moving from $1.2M to $1.1M. Total assets increased by 2.3% over the same period, from $7.8M to $8.0M. Total functional expenses rose by 212.9%, from $209K to $654K. In its most recent filing year (2023), St Augustine Foundation Ltd reported a surplus of $457K, with revenue exceeding expenses. The organization holds $1 in liabilities against $8.0M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $8.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $1.1M | $654K | $8.0M | $1 | — | — |
| 2022 | $1.4M | $449K | $7.6M | $1 | — | View 990 |
| 2021 | $295K | $497K | $6.6M | $1 | — | View 990 |
| 2020 | $260K | $527K | $6.8M | $1 | — | View 990 |
| 2019 | $374K | $468K | $7.1M | $1 | — | View 990 |
| 2015 | $150K | $346K | $7.9M | $1 | — | View 990 |
| 2014 | $217K | $195K | $8.1M | $1 | — | View 990 |
| 2013 | $388K | $166K | $8.1M | $1 | — | View 990 |
| 2012 | $212K | $153K | $7.9M | $1 | — | View 990 |
| 2011 | $1.2M | $209K | $7.8M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.1M, expenses of $654K, and assets of $8.0M (revenue -20.4% year-over-year).
- 2022: Revenue of $1.4M, expenses of $449K, and assets of $7.6M (revenue +373.6% year-over-year).
- 2021: Revenue of $295K, expenses of $497K, and assets of $6.6M (revenue +13.5% year-over-year).
- 2020: Revenue of $260K, expenses of $527K, and assets of $6.8M (revenue -30.5% year-over-year).
- 2019: Revenue of $374K, expenses of $468K, and assets of $7.1M (revenue +149.9% year-over-year).
- 2015: Revenue of $150K, expenses of $346K, and assets of $7.9M (revenue -30.9% year-over-year).
- 2014: Revenue of $217K, expenses of $195K, and assets of $8.1M (revenue -44.2% year-over-year).
- 2013: Revenue of $388K, expenses of $166K, and assets of $8.1M (revenue +83.5% year-over-year).
- 2012: Revenue of $212K, expenses of $153K, and assets of $7.9M (revenue -82.6% year-over-year).
- 2011: Revenue of $1.2M, expenses of $209K, and assets of $7.8M.
Data Sources and Methodology
This transparency report for St Augustine Foundation Ltd 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.