St James Parish Foundation Inc
St James Parish Foundation Inc consistently maintains low expenses and zero liabilities, growing assets to over $4.2 million without executive compensation.
EIN: 200157482 · Wilmington, NC · NTEE: X11 · Updated: 2026-03-28
Is St James Parish Foundation Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
St James Parish Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About St James Parish Foundation Inc
St James Parish Foundation Inc (EIN: 200157482) is a nonprofit organization based in Wilmington, NC, classified under NTEE code X11. The organization reported total revenue of $475K and total assets of $4.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of St James Parish Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
St James Parish Foundation Inc is a small nonprofit that has been operating for 23 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 24.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $201K |
| Total Expenses | $80K |
| Surplus / Deficit | +$121K |
| Total Assets | $4.3M |
| Net Assets | $4.3M |
| Operating Margin | 60.3% |
| Months of Reserves | 643.1 months |
Financial Health Grade: A
In 2023, St James Parish Foundation Inc reported a surplus of $121K with revenue exceeding expenses, holds 643.1 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), St James Parish Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 24.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -9.1% | +19.4% | +15.9% |
| 2022 | +1.2% | +1.5% | -14.1% |
| 2021 | -22.9% | -47.4% | +14.2% |
| 2020 | +150.8% | -18.4% | +13.3% |
| 2019 | -24.4% | +95.1% | +15.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2003 |
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 James Parish Foundation Inc 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: 8%
- programs: 90%
- fundraising: 2%
According to IRS 990 filings, St James Parish Foundation Inc allocates its expenses as follows: admin: 8%, programs: 90%, fundraising: 2%. 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 $121K, with revenue exceeding expenses.
Executive Compensation Analysis
The organization reports 0% officer compensation across all available filings, indicating that its leadership is not drawing salaries from the foundation's funds, which is highly commendable for an organization with assets exceeding $4 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.
Strengths
The following positive indicators were identified for St James Parish Foundation Inc:
- Consistent asset growth, from $2.5M in 2014 to $4.2M in 2023.
- Consistently low expenses relative to revenue (e.g., $79,693 expenses on $200,733 revenue in 2023).
- Zero liabilities reported across all 13 filings, indicating strong financial stability.
- 0% officer compensation reported, demonstrating a high commitment to directing funds to the mission.
- High efficiency in spending, with expenses often less than 50% of revenue.
Frequently Asked Questions about St James Parish Foundation Inc
Is St James Parish Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, St James Parish Foundation Inc (EIN: 200157482) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does St James Parish Foundation Inc spend its money?
St James Parish Foundation Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to St James Parish Foundation Inc tax-deductible?
St James Parish Foundation Inc is registered as a tax-exempt nonprofit (EIN: 200157482). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is St James Parish Foundation Inc a good charity?
Based on the provided financial data, St James Parish Foundation Inc appears to be a very good charity. It demonstrates strong financial health with growing assets, consistently low expenses relative to revenue, and zero liabilities. The absence of officer compensation is a significant positive indicator of its commitment to its mission.
How has the organization's financial health changed over time?
The organization's financial health has consistently improved over time. Assets have grown from $2,585,906 in 2014 to $4,271,066 in 2023. Expenses have generally remained low relative to revenue, and liabilities have consistently been $0, indicating strong financial stewardship and growth.
What is the organization's approach to executive compensation?
St James Parish Foundation Inc reports 0% officer compensation in all available filings, meaning no salaries are paid to its officers. This suggests a volunteer-led or very lean administrative structure, maximizing funds for its charitable purpose.
Filing History
IRS 990 filing history for St James Parish Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), St James Parish Foundation Inc's revenue has grown by 1231.5%, moving from $15K to $201K. Total assets increased by 95.4% over the same period, from $2.2M to $4.3M. Total functional expenses rose by 243.8%, from $23K to $80K. In its most recent filing year (2023), St James Parish Foundation Inc reported a surplus of $121K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $201K | $80K | $4.3M | $0 | — | View 990 |
| 2022 | $221K | $67K | $3.7M | $0 | — | View 990 |
| 2021 | $218K | $66K | $4.3M | $0 | — | — |
| 2020 | $283K | $125K | $3.8M | $0 | — | View 990 |
| 2019 | $113K | $153K | $3.3M | $0 | — | View 990 |
| 2018 | $149K | $79K | $2.9M | $0 | — | View 990 |
| 2017 | $120K | $5K | $3.1M | $0 | — | View 990 |
| 2016 | $77K | $50K | $2.6M | $0 | — | View 990 |
| 2015 | $219K | $87K | $2.7M | $0 | — | View 990 |
| 2014 | $148K | $105K | $2.6M | $0 | — | View 990 |
| 2013 | $386K | $89K | $2.5M | $0 | — | View 990 |
| 2012 | $242K | $181K | $2.2M | $0 | — | View 990 |
| 2011 | $15K | $23K | $2.2M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $201K, expenses of $80K, and assets of $4.3M (revenue -9.1% year-over-year).
- 2022: Revenue of $221K, expenses of $67K, and assets of $3.7M (revenue +1.2% year-over-year).
- 2021: Revenue of $218K, expenses of $66K, and assets of $4.3M (revenue -22.9% year-over-year).
- 2020: Revenue of $283K, expenses of $125K, and assets of $3.8M (revenue +150.8% year-over-year).
- 2019: Revenue of $113K, expenses of $153K, and assets of $3.3M (revenue -24.4% year-over-year).
- 2018: Revenue of $149K, expenses of $79K, and assets of $2.9M (revenue +24.2% year-over-year).
- 2017: Revenue of $120K, expenses of $5K, and assets of $3.1M (revenue +56.3% year-over-year).
- 2016: Revenue of $77K, expenses of $50K, and assets of $2.6M (revenue -64.9% year-over-year).
- 2015: Revenue of $219K, expenses of $87K, and assets of $2.7M (revenue +48.2% year-over-year).
- 2014: Revenue of $148K, expenses of $105K, and assets of $2.6M (revenue -61.7% year-over-year).
- 2013: Revenue of $386K, expenses of $89K, and assets of $2.5M (revenue +59.5% year-over-year).
- 2012: Revenue of $242K, expenses of $181K, and assets of $2.2M (revenue +1505.1% year-over-year).
- 2011: Revenue of $15K, expenses of $23K, and assets of $2.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for St James Parish Foundation Inc:
Data Sources and Methodology
This transparency report for St James Parish Foundation Inc 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.