St Marys Foundation For Children
St Marys Foundation For Children shows strong financial growth and consistent surpluses in recent years, with no reported officer compensation.
EIN: 112728736 · Bayside, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $23.4M |
| Total Expenses | $2.5M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $23,387,865 |
| Net Assets | $4.7M |
| Transparency Score | 88/100 |
Is St Marys Foundation For Children Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
St Marys Foundation For Children directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About St Marys Foundation For Children
St Marys Foundation For Children (EIN: 112728736) is a nonprofit organization based in Bayside, NY. The organization reported total revenue of $23.4M and total assets of $57.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of St Marys Foundation For Children's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
St Marys Foundation For Children is a large nonprofit that has been operating for 34 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $5.2M |
| Total Expenses | $2.5M |
| Surplus / Deficit | +$2.7M |
| Total Assets | $51.8M |
| Total Liabilities | $47.1M |
| Net Assets | $4.7M |
| Operating Margin | 51.7% |
| Debt-to-Asset Ratio | 90.9% |
| Months of Reserves | 247.9 months |
Financial Health Grade: A
In 2023, St Marys Foundation For Children reported a surplus of $2.7M with revenue exceeding expenses, holds 247.9 months of operating reserves (strong position), has a debt-to-asset ratio of 90.9% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), St Marys Foundation For Children's revenue has declined at a compound annual growth rate (CAGR) of -1.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +27.3% | +38.3% | +14.7% |
| 2022 | +71.7% | +37.9% | +11.6% |
| 2021 | -48.8% | -74.7% | +176.3% |
| 2020 | +103.3% | +74.1% | +72.6% |
| 2019 | +34.5% | +29.1% | -19.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1992 |
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 Marys Foundation For Children with a Mission Score of 88 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: 85%
- fundraising: 5%
According to IRS 990 filings, St Marys Foundation For Children allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $2.7M, with revenue exceeding expenses.
- Debt-to-asset ratio: 90.9%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, which is highly unusual for an organization of this size with $23,387,865 in latest revenue and $57,672,811 in assets. This suggests either a volunteer-led executive team or that executive compensation is categorized differently within the 990, warranting further review of the full filings.
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 Marys Foundation For Children's IRS 990 filings:
- Consistent reporting of 0% officer compensation for an organization of this size, which may obscure actual executive remuneration if structured differently.
- Earlier periods (2014-2020) frequently showed expenses exceeding revenue, indicating potential past operational challenges or reliance on reserves.
Strengths
The following positive indicators were identified for St Marys Foundation For Children:
- Significant asset growth from $8,124,087 in 2014 to $51,793,274 in 2023, demonstrating strong financial accumulation.
- Consistent revenue surpluses over expenses in recent years (2021-2023), indicating sound financial management and sustainability.
- No reported officer compensation across all 13 filings, suggesting a high potential for funds to be directed towards mission-related activities.
- Consistent filing of IRS Form 990s, indicating a commitment to transparency and public accountability.
Frequently Asked Questions about St Marys Foundation For Children
Is St Marys Foundation For Children a legitimate charity?
Based on AI analysis of IRS 990 filings, St Marys Foundation For Children (EIN: 112728736) some concerns. Mission Score: 88/100. 2 red flags identified, 4 strengths noted.
How does St Marys Foundation For Children spend its money?
St Marys Foundation For Children directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to St Marys Foundation For Children tax-deductible?
St Marys Foundation For Children is registered as a tax-exempt nonprofit (EIN: 112728736). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the St Marys Foundation For Children CEO make?
St Marys Foundation For Children's highest-compensated officer earns $23,387,865 annually. The organization reported $23.4M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of St Marys Foundation For Children's spending goes to programs?
St Marys Foundation For Children directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is St Marys Foundation For Children located?
St Marys Foundation For Children is headquartered in Bayside, New York and files with the IRS under EIN 112728736.
How many years of IRS 990 filings does St Marys Foundation For Children have?
St Marys Foundation For Children 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 $23.4M in total revenue.
Is St Marys Foundation For Children a good charity?
Based on the provided data, St Marys Foundation For Children appears to be a financially healthy organization with strong asset growth and consistent revenue surpluses in recent years. The reported 0% officer compensation is a significant positive indicator for donor confidence, suggesting a high proportion of funds may go directly to programs. However, a full review of program spending details would provide a more definitive answer.
How has the organization's financial health changed over time?
The organization has shown significant financial improvement. From 2014 to 2020, expenses frequently exceeded revenue, and assets were relatively stable around $8-14 million. However, from 2021 onwards, revenue has consistently outpaced expenses, leading to substantial asset growth from $14,642,211 in 2020 to $51,793,274 in 2023.
What is the significance of 0% officer compensation?
0% officer compensation across all filings is highly unusual for an organization of this scale. It could mean that the executive leadership is entirely volunteer-based, or that compensation is structured in a way that it is not reported under 'officer compensation' on the 990, such as through a related entity or as contractor fees. This warrants further investigation into the full 990 forms for clarity.
Filing History
IRS 990 filing history for St Marys Foundation For Children showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), St Marys Foundation For Children's revenue has declined by 13.1%, moving from $6.0M to $5.2M. Total assets increased by 488.3% over the same period, from $8.8M to $51.8M. Total functional expenses fell by 58.3%, from $6.0M to $2.5M. In its most recent filing year (2023), St Marys Foundation For Children reported a surplus of $2.7M, with revenue exceeding expenses. The organization holds $47.1M in liabilities against $51.8M in assets (debt-to-asset ratio: 90.9%), resulting in net assets of $4.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $5.2M | $2.5M | $51.8M | $47.1M | — | — |
| 2022 | $4.1M | $1.8M | $45.2M | $47.8M | — | — |
| 2021 | $2.4M | $1.3M | $40.5M | $45.0M | — | View 990 |
| 2020 | $4.6M | $5.2M | $14.6M | $20.0M | — | — |
| 2019 | $2.3M | $3.0M | $8.5M | $13.3M | — | View 990 |
| 2018 | $1.7M | $2.3M | $10.5M | $14.7M | — | View 990 |
| 2017 | $3.5M | $4.2M | $11.3M | $14.9M | — | — |
| 2016 | $1.3M | $2.1M | $8.6M | $11.5M | — | View 990 |
| 2015 | $2.6M | $3.5M | $8.1M | $10.0M | — | View 990 |
| 2014 | $4.1M | $4.6M | $8.1M | $9.1M | — | View 990 |
| 2013 | $6.3M | $6.7M | $10.5M | $10.9M | — | View 990 |
| 2012 | $7.4M | $8.1M | $10.9M | $10.7M | — | View 990 |
| 2011 | $6.0M | $6.0M | $8.8M | $8.1M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5.2M, expenses of $2.5M, and assets of $51.8M (revenue +27.3% year-over-year).
- 2022: Revenue of $4.1M, expenses of $1.8M, and assets of $45.2M (revenue +71.7% year-over-year).
- 2021: Revenue of $2.4M, expenses of $1.3M, and assets of $40.5M (revenue -48.8% year-over-year).
- 2020: Revenue of $4.6M, expenses of $5.2M, and assets of $14.6M (revenue +103.3% year-over-year).
- 2019: Revenue of $2.3M, expenses of $3.0M, and assets of $8.5M (revenue +34.5% year-over-year).
- 2018: Revenue of $1.7M, expenses of $2.3M, and assets of $10.5M (revenue -51.5% year-over-year).
- 2017: Revenue of $3.5M, expenses of $4.2M, and assets of $11.3M (revenue +176.2% year-over-year).
- 2016: Revenue of $1.3M, expenses of $2.1M, and assets of $8.6M (revenue -50.6% year-over-year).
- 2015: Revenue of $2.6M, expenses of $3.5M, and assets of $8.1M (revenue -37.4% year-over-year).
- 2014: Revenue of $4.1M, expenses of $4.6M, and assets of $8.1M (revenue -34.6% year-over-year).
- 2013: Revenue of $6.3M, expenses of $6.7M, and assets of $10.5M (revenue -15.3% year-over-year).
- 2012: Revenue of $7.4M, expenses of $8.1M, and assets of $10.9M (revenue +23.7% year-over-year).
- 2011: Revenue of $6.0M, expenses of $6.0M, and assets of $8.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for St Marys Foundation For Children:
Data Sources and Methodology
This transparency report for St Marys Foundation For Children 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.