St Marys Parents Group Inc
EIN: 237162502 · Boyce, LA
| Metric | Value |
|---|---|
| Total Revenue | $398K |
| Total Expenses | $590 |
| Net Assets | $617K |
Is St Marys Parents Group Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About St Marys Parents Group Inc
St Marys Parents Group Inc (EIN: 237162502) is a nonprofit organization based in Boyce, LA. The organization reported total revenue of $398K and total assets of $905K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of St Marys Parents Group Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
St Marys Parents Group Inc is a small nonprofit that has been operating for 54 years, with 9 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 12.4%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $158K |
| Total Expenses | $590 |
| Surplus / Deficit | +$157K |
| Total Assets | $659K |
| Total Liabilities | $42K |
| Net Assets | $617K |
| Operating Margin | 99.6% |
| Debt-to-Asset Ratio | 6.3% |
| Months of Reserves | 13401.5 months |
Financial Health Grade: A
In 2024, St Marys Parents Group Inc reported a surplus of $157K with revenue exceeding expenses, holds 13401.5 months of operating reserves (strong position), has a debt-to-asset ratio of 6.3% (very low leverage).
Financial Trends
Over 9 years of filings (2011–2024), St Marys Parents Group Inc's revenue has grown at a compound annual growth rate (CAGR) of 12.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +3.1% | -20.4% | +34.9% |
| 2023 | +27.7% | -75.7% | +49.6% |
| 2022 | -15.5% | -17.6% | +71.7% |
| 2021 | +1961.5% | -84.1% | +47.8% |
| 2015 | -34.1% | +71.4% | -8.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1972 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for St Marys Parents Group Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates St Marys Parents Group Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $157K, with revenue exceeding expenses.
- Debt-to-asset ratio: 6.3%.
Frequently Asked Questions about St Marys Parents Group Inc
Is St Marys Parents Group Inc a legitimate charity?
St Marys Parents Group Inc (EIN: 237162502) is a registered tax-exempt nonprofit based in Louisiana. It has 9 years of IRS 990 filings on record. Total revenue: $398K. No red flags identified. Financial health grade: A.
How does St Marys Parents Group Inc spend its money?
St Marys Parents Group Inc reported $398K in total revenue in IRS 990 filings. 9 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to St Marys Parents Group Inc tax-deductible?
St Marys Parents Group Inc is registered as a tax-exempt nonprofit (EIN: 237162502). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is St Marys Parents Group Inc located?
St Marys Parents Group Inc is headquartered in Boyce, Louisiana and files with the IRS under EIN 237162502.
How many years of IRS 990 filings does St Marys Parents Group Inc have?
St Marys Parents Group Inc has 9 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 $398K in total revenue.
Filing History
IRS 990 filing history for St Marys Parents Group Inc showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2024), St Marys Parents Group Inc's revenue has grown by 354.8%, moving from $35K to $158K. Total assets increased by 318.2% over the same period, from $158K to $659K. Total functional expenses fell by 99.2%, from $74K to $590. In its most recent filing year (2024), St Marys Parents Group Inc reported a surplus of $157K, with revenue exceeding expenses. The organization holds $42K in liabilities against $659K in assets (debt-to-asset ratio: 6.3%), resulting in net assets of $617K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $158K | $590 | $659K | $42K | — | — |
| 2023 | $153K | $741 | $488K | $29K | — | View 990 |
| 2022 | $120K | $3K | $326K | $19K | — | View 990 |
| 2021 | $142K | $4K | $190K | $0 | — | View 990 |
| 2015 | $7K | $23K | $129K | $0 | — | View 990 |
| 2014 | $10K | $14K | $141K | $0 | — | View 990 |
| 2013 | $19K | $14K | $144K | $0 | — | View 990 |
| 2012 | $9K | $25K | $142K | $0 | — | View 990 |
| 2011 | $35K | $74K | $158K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $158K, expenses of $590, and assets of $659K (revenue +3.1% year-over-year).
- 2023: Revenue of $153K, expenses of $741, and assets of $488K (revenue +27.7% year-over-year).
- 2022: Revenue of $120K, expenses of $3K, and assets of $326K (revenue -15.5% year-over-year).
- 2021: Revenue of $142K, expenses of $4K, and assets of $190K (revenue +1961.5% year-over-year).
- 2015: Revenue of $7K, expenses of $23K, and assets of $129K (revenue -34.1% year-over-year).
- 2014: Revenue of $10K, expenses of $14K, and assets of $141K (revenue -44.6% year-over-year).
- 2013: Revenue of $19K, expenses of $14K, and assets of $144K (revenue +104.0% year-over-year).
- 2012: Revenue of $9K, expenses of $25K, and assets of $142K (revenue -73.4% year-over-year).
- 2011: Revenue of $35K, expenses of $74K, and assets of $158K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for St Marys Parents Group Inc:
Data Sources and Methodology
This transparency report for St Marys Parents Group 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.