St Marys Independent Living Extension
St Marys Independent Living Extension shows consistent revenue growth and lean operations with no reported officer compensation.
EIN: 205861479 · Lawrenceville, GA · NTEE: P40 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.7M |
| Total Expenses | $1.7M |
| Program Spending | 90% |
| Net Assets | $244K |
| Transparency Score | 92/100 |
Is St Marys Independent Living Extension Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
St Marys Independent Living Extension directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About St Marys Independent Living Extension
St Marys Independent Living Extension (EIN: 205861479) is a nonprofit organization based in Lawrenceville, GA, classified under NTEE code P40. The organization reported total revenue of $1.7M and total assets of $459K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of St Marys Independent Living Extension's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
St Marys Independent Living Extension is a mid-size nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 13.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.7M |
| Total Expenses | $1.7M |
| Surplus / Deficit | +$1K |
| Total Assets | $459K |
| Total Liabilities | $215K |
| Net Assets | $244K |
| Operating Margin | 0.1% |
| Debt-to-Asset Ratio | 46.9% |
| Months of Reserves | 3.3 months |
Financial Health Grade: A
In 2023, St Marys Independent Living Extension reported a surplus of $1K with revenue exceeding expenses, holds 3.3 months of operating reserves (adequate), has a debt-to-asset ratio of 46.9% (moderate leverage).
Financial Trends
Over 10 years of filings (2011–2023), St Marys Independent Living Extension's revenue has grown at a compound annual growth rate (CAGR) of 13.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +14.4% | +15.3% | +87.6% |
| 2022 | +3.9% | +9.6% | +18.0% |
| 2020 | +6.4% | +2.3% | +56.4% |
| 2019 | +4.0% | -5.5% | +34.8% |
| 2018 | +13.6% | +21.4% | -55.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Independent Living Extension with a Mission Score of 92 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, St Marys Independent Living Extension allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. 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 $1K, with revenue exceeding expenses.
- Debt-to-asset ratio: 46.9%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers. This is a highly positive sign for a nonprofit of its size, suggesting a strong volunteer leadership or a very efficient operational model where leadership costs are minimal.
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 Independent Living Extension's IRS 990 filings:
- Increasing liabilities in recent years, reaching $215,242 in 2023, warrant further investigation into their nature.
Strengths
The following positive indicators were identified for St Marys Independent Living Extension:
- Consistent revenue growth over a decade, from $385,673 in 2011 to $1,671,130 in 2023.
- Efficient spending with expenses closely matching revenue, indicating lean operations.
- 0% officer compensation reported across all filings, demonstrating strong commitment to mission over executive pay.
- Significant growth in assets, from $32,752 in 2011 to $458,752 in 2023, enhancing long-term stability.
- Strong program focus implied by low administrative and fundraising costs.
Frequently Asked Questions about St Marys Independent Living Extension
Is St Marys Independent Living Extension a legitimate charity?
Based on AI analysis of IRS 990 filings, St Marys Independent Living Extension (EIN: 205861479) some concerns. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
How does St Marys Independent Living Extension spend its money?
St Marys Independent Living Extension directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to St Marys Independent Living Extension tax-deductible?
St Marys Independent Living Extension is registered as a tax-exempt nonprofit (EIN: 205861479). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of St Marys Independent Living Extension's spending goes to programs?
St Marys Independent Living Extension directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does St Marys Independent Living Extension compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), St Marys Independent Living Extension is above average for NTEE category P40 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is St Marys Independent Living Extension located?
St Marys Independent Living Extension is headquartered in Lawrenceville, Georgia and files with the IRS under EIN 205861479. It is classified under NTEE code P40.
How many years of IRS 990 filings does St Marys Independent Living Extension have?
St Marys Independent Living Extension has 10 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 $1.7M in total revenue.
Is St Marys Independent Living Extension a good charity?
Based on the provided data, St Marys Independent Living Extension appears to be a good charity. It demonstrates consistent revenue growth, efficient spending (expenses closely match revenue), and a strong commitment to its mission by reporting 0% officer compensation across all filings. Its assets have also grown steadily, indicating increasing financial capacity.
How has the organization's financial stability changed over time?
The organization's financial stability has improved significantly. Revenue grew from $385,673 in 2011 to $1,671,130 in 2023, and assets increased from $32,752 to $458,752 over the same period. While liabilities have increased in recent years, the overall trend shows substantial growth in financial capacity and stability.
What is the trend in liabilities for St Marys Independent Living Extension?
Liabilities have fluctuated over the years. They were $42,800 in 2011, dropped to $0 in 2016, and then increased to $215,242 in 2023. While the 2023 figure is the highest reported, it's important to assess this in context of the organization's growing assets ($458,752 in 2023).
Filing History
IRS 990 filing history for St Marys Independent Living Extension showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), St Marys Independent Living Extension's revenue has grown by 333.3%, moving from $386K to $1.7M. Total assets increased by 1300.7% over the same period, from $33K to $459K. Total functional expenses rose by 389.4%, from $341K to $1.7M. In its most recent filing year (2023), St Marys Independent Living Extension reported a surplus of $1K, with revenue exceeding expenses. The organization holds $215K in liabilities against $459K in assets (debt-to-asset ratio: 46.9%), resulting in net assets of $244K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.7M | $1.7M | $459K | $215K | — | — |
| 2022 | $1.5M | $1.4M | $244K | $2K | — | — |
| 2020 | $1.4M | $1.3M | $207K | $2K | — | View 990 |
| 2019 | $1.3M | $1.3M | $133K | $3K | — | View 990 |
| 2018 | $1.3M | $1.4M | $98K | $19K | — | View 990 |
| 2016 | $1.1M | $1.1M | $219K | $0 | — | View 990 |
| 2015 | $1.4M | $1.3M | $309K | $141K | — | View 990 |
| 2014 | $996K | $983K | $97K | $4K | — | View 990 |
| 2013 | $728K | $672K | $79K | $882 | — | View 990 |
| 2011 | $386K | $341K | $33K | $43K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.7M, expenses of $1.7M, and assets of $459K (revenue +14.4% year-over-year).
- 2022: Revenue of $1.5M, expenses of $1.4M, and assets of $244K (revenue +3.9% year-over-year).
- 2020: Revenue of $1.4M, expenses of $1.3M, and assets of $207K (revenue +6.4% year-over-year).
- 2019: Revenue of $1.3M, expenses of $1.3M, and assets of $133K (revenue +4.0% year-over-year).
- 2018: Revenue of $1.3M, expenses of $1.4M, and assets of $98K (revenue +13.6% year-over-year).
- 2016: Revenue of $1.1M, expenses of $1.1M, and assets of $219K (revenue -17.5% year-over-year).
- 2015: Revenue of $1.4M, expenses of $1.3M, and assets of $309K (revenue +36.1% year-over-year).
- 2014: Revenue of $996K, expenses of $983K, and assets of $97K (revenue +36.7% year-over-year).
- 2013: Revenue of $728K, expenses of $672K, and assets of $79K (revenue +88.9% year-over-year).
- 2011: Revenue of $386K, expenses of $341K, and assets of $33K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for St Marys Independent Living Extension:
Data Sources and Methodology
This transparency report for St Marys Independent Living Extension 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.