St Francis Research And Educational Corporation
St Francis Research And Educational Corporation shows consistent revenue generation but reported a deficit in 2023.
EIN: 113090867 · Roslyn, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $11.0M |
| Total Expenses | $12.7M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $10 |
| Net Assets | $9.4M |
| Transparency Score | 75/100 |
Is St Francis Research And Educational Corporation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
St Francis Research And Educational Corporation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About St Francis Research And Educational Corporation
St Francis Research And Educational Corporation (EIN: 113090867) is a nonprofit organization based in Roslyn, NY. The organization reported total revenue of $11.0M and total assets of $22.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of St Francis Research And Educational Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
St Francis Research And Educational Corporation is a large nonprofit that has been operating for 33 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $11.4M |
| Total Expenses | $12.7M |
| Surplus / Deficit | $-1,314,017 |
| Total Assets | $18.4M |
| Total Liabilities | $9.0M |
| Net Assets | $9.4M |
| Operating Margin | -11.5% |
| Debt-to-Asset Ratio | 48.8% |
| Months of Reserves | 17.3 months |
Financial Health Grade: B
In 2023, St Francis Research And Educational Corporation reported a deficit of $1.3M with expenses exceeding revenue, holds 17.3 months of operating reserves (strong position), has a debt-to-asset ratio of 48.8% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), St Francis Research And Educational Corporation's revenue has grown at a compound annual growth rate (CAGR) of 2.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -9.4% | +8.9% | +18.1% |
| 2022 | +8.7% | +19.3% | +1.9% |
| 2021 | +91.2% | +7.7% | +53.2% |
| 2020 | -37.1% | -2.1% | -18.4% |
| 2019 | +2.5% | +1.6% | +2.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1993 |
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 Francis Research And Educational Corporation 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 Francis Research And Educational Corporation 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $1.3M, with expenses exceeding revenue.
- Debt-to-asset ratio: 48.8%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers received compensation directly from the organization, which is highly unusual for an organization with over $10 million in annual revenue and suggests potential compensation through an affiliated entity or a fully volunteer-led executive team.
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 Francis Research And Educational Corporation's IRS 990 filings:
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data, hindering precise efficiency analysis.
- Significant increase in liabilities in 2023 to $8,972,412, up from $5,125,839 in 2022, warrants further investigation.
- Expenses exceeded revenue in 2023 by over $1.3 million, indicating a deficit for that period.
- Consistent 0% officer compensation, while seemingly positive, could indicate compensation is paid by an affiliated entity, potentially obscuring the full cost of leadership.
Strengths
The following positive indicators were identified for St Francis Research And Educational Corporation:
- Consistent revenue generation, averaging over $9 million annually in recent years.
- Assets have shown consistent growth, from $9,987,779 in 2020 to $18,404,618 in 2023, indicating financial stability.
- Long history of IRS 990 filings (13 filings), demonstrating commitment to transparency and compliance.
- Positive net assets (Assets exceeding Liabilities) in all reported periods, indicating a healthy balance sheet.
- No reported officer compensation directly from the organization, suggesting a focus on minimizing direct executive overhead.
Frequently Asked Questions about St Francis Research And Educational Corporation
Is St Francis Research And Educational Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, St Francis Research And Educational Corporation (EIN: 113090867) some concerns. Mission Score: 75/100. 4 red flags identified, 5 strengths noted.
How does St Francis Research And Educational Corporation spend its money?
St Francis Research And Educational Corporation directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to St Francis Research And Educational Corporation tax-deductible?
St Francis Research And Educational Corporation is registered as a tax-exempt nonprofit (EIN: 113090867). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the St Francis Research And Educational Corporation CEO make?
St Francis Research And Educational Corporation's highest-compensated officer earns $10 annually. The organization reported $11.0M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of St Francis Research And Educational Corporation's spending goes to programs?
St Francis Research And Educational Corporation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is St Francis Research And Educational Corporation located?
St Francis Research And Educational Corporation is headquartered in Roslyn, New York and files with the IRS under EIN 113090867.
How many years of IRS 990 filings does St Francis Research And Educational Corporation have?
St Francis Research And Educational Corporation 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 $11.0M in total revenue.
Is St Francis Research And Educational Corporation a good charity?
Based on the available data, the organization demonstrates financial stability with growing assets and consistent revenue. The reported 0% officer compensation is a notable positive for efficiency, though it warrants further investigation to understand the full compensation structure if any. Without detailed expense breakdowns, a definitive 'good' rating is difficult, but the overall financial health appears sound.
Why did expenses exceed revenue in 2023?
In 2023, St Francis Research And Educational Corporation reported expenses of $12,730,328 against revenues of $11,416,311, resulting in a deficit. The specific reasons for this increase in expenses or decrease in revenue are not detailed in the provided data, but it could be due to increased program activities, one-time investments, or changes in funding.
What caused the significant increase in liabilities in 2023?
Liabilities increased from $5,125,839 in 2022 to $8,972,412 in 2023. This nearly $3.8 million increase could be due to various factors such as new loans, deferred revenue, or increased accounts payable. Further detail from the full 990 filing would be needed to understand the nature of these liabilities.
How does the organization manage executive compensation?
The IRS 990 filings consistently report 0% for officer compensation. This suggests that either the organization's officers are entirely unpaid volunteers, or their compensation is handled through a related entity not directly reported as officer compensation on these specific 990 forms. This practice, while seemingly efficient, can sometimes obscure the true cost of leadership.
Filing History
IRS 990 filing history for St Francis Research And Educational Corporation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), St Francis Research And Educational Corporation's revenue has grown by 39.8%, moving from $8.2M to $11.4M. Total assets increased by 47% over the same period, from $12.5M to $18.4M. Total functional expenses rose by 44%, from $8.8M to $12.7M. In its most recent filing year (2023), St Francis Research And Educational Corporation reported a deficit of $1.3M, with expenses exceeding revenue. The organization holds $9.0M in liabilities against $18.4M in assets (debt-to-asset ratio: 48.8%), resulting in net assets of $9.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $11.4M | $12.7M | $18.4M | $9.0M | — | View 990 |
| 2022 | $12.6M | $11.7M | $15.6M | $5.1M | — | View 990 |
| 2021 | $11.6M | $9.8M | $15.3M | $5.7M | — | View 990 |
| 2020 | $6.1M | $9.1M | $10.0M | $2.5M | — | View 990 |
| 2019 | $9.6M | $9.3M | $12.2M | $1.7M | — | View 990 |
| 2018 | $9.4M | $9.1M | $12.0M | $1.7M | — | View 990 |
| 2017 | $9.7M | $9.0M | $12.1M | $2.1M | — | View 990 |
| 2016 | $8.0M | $8.5M | $11.2M | $1.9M | — | View 990 |
| 2015 | $8.4M | $8.3M | $12.9M | $3.1M | — | View 990 |
| 2014 | $8.1M | $8.3M | $13.2M | $3.6M | — | View 990 |
| 2013 | $9.0M | $9.1M | $13.7M | $3.9M | — | View 990 |
| 2012 | $8.1M | $8.7M | $12.8M | $2.9M | — | View 990 |
| 2011 | $8.2M | $8.8M | $12.5M | $2.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $11.4M, expenses of $12.7M, and assets of $18.4M (revenue -9.4% year-over-year).
- 2022: Revenue of $12.6M, expenses of $11.7M, and assets of $15.6M (revenue +8.7% year-over-year).
- 2021: Revenue of $11.6M, expenses of $9.8M, and assets of $15.3M (revenue +91.2% year-over-year).
- 2020: Revenue of $6.1M, expenses of $9.1M, and assets of $10.0M (revenue -37.1% year-over-year).
- 2019: Revenue of $9.6M, expenses of $9.3M, and assets of $12.2M (revenue +2.5% year-over-year).
- 2018: Revenue of $9.4M, expenses of $9.1M, and assets of $12.0M (revenue -3.1% year-over-year).
- 2017: Revenue of $9.7M, expenses of $9.0M, and assets of $12.1M (revenue +21.2% year-over-year).
- 2016: Revenue of $8.0M, expenses of $8.5M, and assets of $11.2M (revenue -5.0% year-over-year).
- 2015: Revenue of $8.4M, expenses of $8.3M, and assets of $12.9M (revenue +3.9% year-over-year).
- 2014: Revenue of $8.1M, expenses of $8.3M, and assets of $13.2M (revenue -9.8% year-over-year).
- 2013: Revenue of $9.0M, expenses of $9.1M, and assets of $13.7M (revenue +10.9% year-over-year).
- 2012: Revenue of $8.1M, expenses of $8.7M, and assets of $12.8M (revenue -0.7% year-over-year).
- 2011: Revenue of $8.2M, expenses of $8.8M, and assets of $12.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for St Francis Research And Educational Corporation:
Data Sources and Methodology
This transparency report for St Francis Research And Educational Corporation 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.