St Louis Alumni Association Inc
St Louis Alumni Association Inc maintains strong asset base with volunteer leadership and fluctuating revenue.
EIN: 10343396 · Biddeford, ME · NTEE: B19 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $254K |
| Total Expenses | $37K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $1.1M |
| Transparency Score | 85/100 |
Is St Louis Alumni Association Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
St Louis Alumni Association Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About St Louis Alumni Association Inc
St Louis Alumni Association Inc (EIN: 10343396) is a nonprofit organization based in Biddeford, ME, classified under NTEE code B19. The organization reported total revenue of $254K and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of St Louis Alumni Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
St Louis Alumni Association Inc is a small nonprofit that has been operating for 6 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of 10.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $33K |
| Total Expenses | $37K |
| Surplus / Deficit | $-4,188 |
| Total Assets | $1.1M |
| Net Assets | $1.1M |
| Operating Margin | -12.6% |
| Months of Reserves | 352.2 months |
Financial Health Grade: B
In 2023, St Louis Alumni Association Inc reported a deficit of $4K with expenses exceeding revenue, holds 352.2 months of operating reserves (strong position).
Financial Trends
Over 5 years of filings (2019–2023), St Louis Alumni Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 10.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +4.6% | -4.3% | +2.7% |
| 2022 | -94.2% | +33.1% | -8.0% |
| 2021 | +9667.6% | -39.6% | +101.7% |
| 2020 | -74.4% | +97.3% | -8.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2020 |
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 Louis Alumni Association Inc 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: 90%
- fundraising: 0%
According to IRS 990 filings, St Louis Alumni Association Inc 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 deficit of $4K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization is run by volunteers, which is commendable for a nonprofit of its size with over $1 million in assets.
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 Louis Alumni Association Inc's IRS 990 filings:
- Highly fluctuating annual revenue, making future income less predictable.
Strengths
The following positive indicators were identified for St Louis Alumni Association Inc:
- Zero liabilities reported across all periods, indicating strong financial health.
- 0% officer compensation, demonstrating volunteer leadership and efficient use of funds.
- Consistent and relatively low annual expenses, suggesting efficient operational management.
- Strong and growing asset base, exceeding $1 million in recent years.
Frequently Asked Questions about St Louis Alumni Association Inc
Is St Louis Alumni Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, St Louis Alumni Association Inc (EIN: 10343396) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does St Louis Alumni Association Inc spend its money?
St Louis Alumni Association Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to St Louis Alumni Association Inc tax-deductible?
St Louis Alumni Association Inc is registered as a tax-exempt nonprofit (EIN: 10343396). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the St Louis Alumni Association Inc CEO make?
St Louis Alumni Association Inc's highest-compensated officer earns $1 annually. The organization reported $254K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does St Louis Alumni Association Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), St Louis Alumni Association Inc is above average for NTEE category B19 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is St Louis Alumni Association Inc located?
St Louis Alumni Association Inc is headquartered in Biddeford, Maine and files with the IRS under EIN 10343396. It is classified under NTEE code B19.
How many years of IRS 990 filings does St Louis Alumni Association Inc have?
St Louis Alumni Association Inc has 5 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 $254K in total revenue.
Is St Louis Alumni Association Inc a good charity?
Based on the available data, St Louis Alumni Association Inc appears to be a well-managed charity. It maintains a strong asset base, has no liabilities, and operates with 0% officer compensation, suggesting a high dedication to its mission and efficient use of funds. The low and consistent expense levels relative to its assets also indicate good financial stewardship.
What caused the significant revenue spike in 2021?
The IRS 990 data shows a revenue spike to $549,036 in 2021, significantly higher than other years. Without further detail from the full 990 form, it's not possible to definitively state the cause, but it could be due to a large one-time donation, a successful capital campaign, or a significant investment gain.
How does the organization fund its operations given low revenue in some years?
Despite low annual revenues in some periods (e.g., $5,621 in 2020, $33,205 in 2023), the organization maintains a substantial asset base (over $1 million in recent years). This suggests that it likely relies on its existing endowment or investment income to cover its relatively low annual expenses, rather than solely on annual donations.
Filing History
IRS 990 filing history for St Louis Alumni Association Inc showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), St Louis Alumni Association Inc's revenue has grown by 51%, moving from $22K to $33K. Total assets increased by 75.2% over the same period, from $626K to $1.1M. Total functional expenses rose by 51.7%, from $25K to $37K. In its most recent filing year (2023), St Louis Alumni Association Inc reported a deficit of $4K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $33K | $37K | $1.1M | $0 | — | — |
| 2022 | $32K | $39K | $1.1M | $0 | — | — |
| 2021 | $549K | $29K | $1.2M | $0 | — | View 990 |
| 2020 | $6K | $49K | $576K | $0 | — | View 990 |
| 2019 | $22K | $25K | $626K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $33K, expenses of $37K, and assets of $1.1M (revenue +4.6% year-over-year).
- 2022: Revenue of $32K, expenses of $39K, and assets of $1.1M (revenue -94.2% year-over-year).
- 2021: Revenue of $549K, expenses of $29K, and assets of $1.2M (revenue +9667.6% year-over-year).
- 2020: Revenue of $6K, expenses of $49K, and assets of $576K (revenue -74.4% year-over-year).
- 2019: Revenue of $22K, expenses of $25K, and assets of $626K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for St Louis Alumni Association Inc:
Data Sources and Methodology
This transparency report for St Louis Alumni Association 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.