St Charles Borromeo Educationalfoundation
St Charles Borromeo Educationalfoundation consistently grows assets with minimal expenses and no officer compensation.
EIN: 204505316 · Independence, OH · NTEE: X11 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.0M |
| Total Expenses | $415K |
| Program Spending | 90% |
| Net Assets | $17.3M |
| Transparency Score | 95/100 |
Search Intent Cockpit
St Charles Borromeo Educationalfoundation Form 990, Revenue, CEO Pay, and IRS Filing Signals
St Charles Borromeo Educationalfoundation is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around St Charles Borromeo Educationalfoundation in one place.
Form 990 Filing Summary
13 filing years are available, with latest revenue of $898K and expenses of $415K.
Revenue and Expenses
St Charles Borromeo Educationalfoundation reported $898K in revenue and $415K in expenses, a surplus of $482K.
Executive Compensation
Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.
Charity Score and Red Flags
95/100 mission score, 0 red flags, and 5 strengths are shown from structured and AI review.
Is St Charles Borromeo Educationalfoundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $374K (90%) |
Across stored filings, St Charles Borromeo Educationalfoundation shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Appears Legitimate | Good filing record; no red flags identified |
| Mission spend | 90% to programs | Excellent |
| Financial durability | Grade A | 13 stored filing years |
| Peer context | Compare with Alliance Of Independent Academic Medical Centers | Ohio and Religion context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
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Keep the Investigation Moving
St Charles Borromeo Educationalfoundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About St Charles Borromeo Educationalfoundation
St Charles Borromeo Educationalfoundation (EIN: 204505316) is a nonprofit organization based in Independence, OH, classified under NTEE code X11. The organization reported total revenue of $2.0M and total assets of $18.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of St Charles Borromeo Educationalfoundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
St Charles Borromeo Educationalfoundation is a mid-size nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $898K |
| Total Expenses | $415K |
| Surplus / Deficit | +$482K |
| Total Assets | $17.3M |
| Net Assets | $17.3M |
| Operating Margin | 53.7% |
| Months of Reserves | 501.0 months |
Financial Health Grade: A
In 2023, St Charles Borromeo Educationalfoundation reported a surplus of $482K with revenue exceeding expenses, holds 501.0 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), St Charles Borromeo Educationalfoundation's revenue has grown at a compound annual growth rate (CAGR) of 4.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -13.7% | +3.4% | +2.9% |
| 2022 | -33.9% | +5.1% | +4.0% |
| 2021 | +35.8% | +4.3% | +7.9% |
| 2020 | -4.9% | +28.5% | +5.6% |
| 2019 | +55.0% | -11.1% | +7.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Charles Borromeo Educationalfoundation with a Mission Score of 95 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 Charles Borromeo Educationalfoundation 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $482K, with revenue exceeding expenses.
Executive Compensation Analysis
The organization reports 0% officer compensation across all available filings, indicating that its leadership is entirely volunteer-based, which is highly commendable for a nonprofit of its size and asset base.
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 Charles Borromeo Educationalfoundation:
- Consistent asset growth, increasing from $11.88M in 2014 to $17.34M in 2023.
- Extremely low expense ratio relative to revenue (e.g., 2023 expenses were 46% of revenue, but much lower in prior years like 2019 at 23%).
- Zero officer compensation reported across all filings, indicating volunteer leadership.
- No reported liabilities in any filing period, demonstrating strong financial stability.
- Strong financial health with a significant and growing endowment to support its mission.
Frequently Asked Questions about St Charles Borromeo Educationalfoundation
Is St Charles Borromeo Educationalfoundation a legitimate charity?
St Charles Borromeo Educationalfoundation (EIN: 204505316) is a registered tax-exempt nonprofit based in Ohio. Our AI analysis gives it a Mission Score of 95/100. It has 13 years of IRS 990 filings on record. Total revenue: $2.0M. No red flags identified. 5 strengths noted. Financial health grade: A.
How does St Charles Borromeo Educationalfoundation spend its money?
St Charles Borromeo Educationalfoundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to St Charles Borromeo Educationalfoundation tax-deductible?
St Charles Borromeo Educationalfoundation is registered as a tax-exempt nonprofit (EIN: 204505316). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does St Charles Borromeo Educationalfoundation compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), St Charles Borromeo Educationalfoundation is above average for NTEE category X11 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is St Charles Borromeo Educationalfoundation located?
St Charles Borromeo Educationalfoundation is headquartered in Independence, Ohio and files with the IRS under EIN 204505316. It is classified under NTEE code X11.
How many years of IRS 990 filings does St Charles Borromeo Educationalfoundation have?
St Charles Borromeo Educationalfoundation 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 $2.0M in total revenue.
Is St Charles Borromeo Educationalfoundation a good charity?
Based on the provided financial data, St Charles Borromeo Educationalfoundation appears to be an excellent charity. It demonstrates strong financial health, consistent asset growth, extremely low expenses relative to revenue, and no reported officer compensation, all of which are indicators of efficient and mission-focused operations.
How does the organization manage its expenses?
The organization manages its expenses exceptionally well, with expenses consistently being a small fraction of its revenue. For instance, in 2023, expenses were only $415,313 against $897,614 in revenue, suggesting a highly lean operation and a focus on asset growth for its educational mission.
What is the trend in the organization's assets?
The organization shows a strong and consistent upward trend in assets, growing from $11,884,852 in 2014 to $17,338,574 in 2023, indicating effective financial management and investment strategies.
Filing History
IRS 990 filing history for St Charles Borromeo Educationalfoundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), St Charles Borromeo Educationalfoundation's revenue has grown by 73.3%, moving from $518K to $898K. Total assets increased by 60.9% over the same period, from $10.8M to $17.3M. Total functional expenses rose by 85%, from $224K to $415K. In its most recent filing year (2023), St Charles Borromeo Educationalfoundation reported a surplus of $482K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $898K | $415K | $17.3M | $0 | — | View 990 |
| 2022 | $1.0M | $402K | $16.9M | $0 | — | View 990 |
| 2021 | $1.6M | $382K | $16.2M | $0 | — | View 990 |
| 2020 | $1.2M | $366K | $15.0M | $0 | — | View 990 |
| 2019 | $1.2M | $285K | $14.2M | $0 | — | View 990 |
| 2018 | $786K | $321K | $13.3M | $0 | — | View 990 |
| 2017 | $736K | $255K | $12.8M | $0 | — | — |
| 2016 | $428K | $272K | $12.3M | $0 | — | View 990 |
| 2015 | $509K | $208K | $12.2M | $0 | — | View 990 |
| 2014 | $1.1M | $748K | $11.9M | $0 | — | View 990 |
| 2013 | $625K | $217K | $11.6M | $0 | — | View 990 |
| 2012 | $595K | $214K | $11.2M | $0 | — | View 990 |
| 2011 | $518K | $224K | $10.8M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $898K, expenses of $415K, and assets of $17.3M (revenue -13.7% year-over-year).
- 2022: Revenue of $1.0M, expenses of $402K, and assets of $16.9M (revenue -33.9% year-over-year).
- 2021: Revenue of $1.6M, expenses of $382K, and assets of $16.2M (revenue +35.8% year-over-year).
- 2020: Revenue of $1.2M, expenses of $366K, and assets of $15.0M (revenue -4.9% year-over-year).
- 2019: Revenue of $1.2M, expenses of $285K, and assets of $14.2M (revenue +55.0% year-over-year).
- 2018: Revenue of $786K, expenses of $321K, and assets of $13.3M (revenue +6.9% year-over-year).
- 2017: Revenue of $736K, expenses of $255K, and assets of $12.8M (revenue +72.1% year-over-year).
- 2016: Revenue of $428K, expenses of $272K, and assets of $12.3M (revenue -16.0% year-over-year).
- 2015: Revenue of $509K, expenses of $208K, and assets of $12.2M (revenue -52.4% year-over-year).
- 2014: Revenue of $1.1M, expenses of $748K, and assets of $11.9M (revenue +71.1% year-over-year).
- 2013: Revenue of $625K, expenses of $217K, and assets of $11.6M (revenue +5.0% year-over-year).
- 2012: Revenue of $595K, expenses of $214K, and assets of $11.2M (revenue +14.9% year-over-year).
- 2011: Revenue of $518K, expenses of $224K, and assets of $10.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for St Charles Borromeo Educationalfoundation:
Data Sources and Methodology
This transparency report for St Charles Borromeo Educationalfoundation 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.