St Bernard Economic Development Foundation
St Bernard Economic Development Foundation shows consistent revenue growth and strong asset accumulation with zero reported officer compensation.
EIN: 113712951 · Chalmette, LA · NTEE: S31 · Updated: 2026-03-28
Is St Bernard Economic Development Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
St Bernard Economic Development Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About St Bernard Economic Development Foundation
St Bernard Economic Development Foundation (EIN: 113712951) is a nonprofit organization based in Chalmette, LA, classified under NTEE code S31. The organization reported total revenue of $343K and total assets of $816K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of St Bernard Economic Development Foundation'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 Bernard Economic Development 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, St Bernard Economic Development Foundation 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.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization, which is highly unusual for an organization of this size and suggests either volunteer leadership or compensation is covered by another entity.
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 Bernard Economic Development Foundation's IRS 990 filings:
- Zero officer compensation reported, which is unusual for an organization of this size and may warrant further inquiry into how leadership is compensated or sustained.
Strengths
The following positive indicators were identified for St Bernard Economic Development Foundation:
- Consistent revenue growth, increasing from $155,541 in 2013 to $398,984 in 2022.
- Strong asset accumulation, growing from $365,844 in 2013 to $830,577 in 2022.
- Minimal to zero liabilities across all filing periods, indicating excellent financial stability.
- Expenses consistently lower than revenue, allowing for asset growth and financial reserves.
- Zero reported officer compensation, suggesting a high dedication of funds to programmatic activities.
Frequently Asked Questions about St Bernard Economic Development Foundation
Is St Bernard Economic Development Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, St Bernard Economic Development Foundation (EIN: 113712951) some concerns. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
How does St Bernard Economic Development Foundation spend its money?
St Bernard Economic Development Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to St Bernard Economic Development Foundation tax-deductible?
St Bernard Economic Development Foundation is registered as a tax-exempt nonprofit (EIN: 113712951). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is St Bernard Economic Development Foundation a good charity?
Based on the financial data, the St Bernard Economic Development Foundation appears to be a very well-managed organization. It consistently generates more revenue than expenses, builds significant assets, and reports zero officer compensation, all of which are positive indicators of financial health and mission focus.
How has the organization's financial health changed over time?
The organization's financial health has significantly improved over time. Revenue has more than doubled from $155,541 in 2013 to $398,984 in 2022, and assets have grown from $365,844 to $830,577 in the same period, demonstrating strong and sustained growth.
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation in all available filings, suggesting that its leadership either serves on a volunteer basis or is compensated through other means not directly reported on the 990 as officer compensation.
Does the organization have significant liabilities?
No, the organization has consistently reported very low or zero liabilities across all filing periods, indicating a very healthy balance sheet and minimal debt burden.
Filing History
IRS 990 filing history for St Bernard Economic Development Foundation showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), St Bernard Economic Development Foundation's revenue has grown by 7.3%, moving from $372K to $399K. Total assets increased by 214.6% over the same period, from $264K to $831K. Total functional expenses fell by 19.4%, from $347K to $280K. In its most recent filing year (2022), St Bernard Economic Development Foundation reported a surplus of $119K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2022 | $399K | $280K | $831K | $0 | — | — |
| 2021 | $406K | $255K | $712K | $1K | — | View 990 |
| 2020 | $361K | $206K | $563K | $3K | — | View 990 |
| 2019 | $194K | $246K | $408K | $4K | — | View 990 |
| 2018 | $278K | $256K | $461K | $4K | — | View 990 |
| 2017 | $236K | $235K | $439K | $5K | — | View 990 |
| 2016 | $268K | $226K | $436K | $3K | — | View 990 |
| 2015 | $172K | $203K | $356K | $2K | — | View 990 |
| 2014 | $158K | $139K | $385K | $0 | — | View 990 |
| 2013 | $156K | $119K | $366K | $0 | — | View 990 |
| 2012 | $189K | $124K | $329K | $0 | — | View 990 |
| 2011 | $372K | $347K | $264K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $399K, expenses of $280K, and assets of $831K (revenue -1.8% year-over-year).
- 2021: Revenue of $406K, expenses of $255K, and assets of $712K (revenue +12.6% year-over-year).
- 2020: Revenue of $361K, expenses of $206K, and assets of $563K (revenue +86.4% year-over-year).
- 2019: Revenue of $194K, expenses of $246K, and assets of $408K (revenue -30.5% year-over-year).
- 2018: Revenue of $278K, expenses of $256K, and assets of $461K (revenue +17.9% year-over-year).
- 2017: Revenue of $236K, expenses of $235K, and assets of $439K (revenue -11.9% year-over-year).
- 2016: Revenue of $268K, expenses of $226K, and assets of $436K (revenue +55.5% year-over-year).
- 2015: Revenue of $172K, expenses of $203K, and assets of $356K (revenue +8.8% year-over-year).
- 2014: Revenue of $158K, expenses of $139K, and assets of $385K (revenue +1.9% year-over-year).
- 2013: Revenue of $156K, expenses of $119K, and assets of $366K (revenue -17.6% year-over-year).
- 2012: Revenue of $189K, expenses of $124K, and assets of $329K (revenue -49.2% year-over-year).
- 2011: Revenue of $372K, expenses of $347K, and assets of $264K.
Data Sources and Methodology
This transparency report for St Bernard Economic Development 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.