St Nicholas Endowment Foundation Inc
St Nicholas Endowment Foundation Inc reports fluctuating revenue and occasional significant deficits, with zero officer compensation.
EIN: 203757062 · Portsmouth, NH · NTEE: X112 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $37K |
| Total Expenses | $82K |
| Program Spending | 70% |
| Net Assets | $521K |
| Transparency Score | 65/100 |
Is St Nicholas Endowment Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
St Nicholas Endowment Foundation Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About St Nicholas Endowment Foundation Inc
St Nicholas Endowment Foundation Inc (EIN: 203757062) is a nonprofit organization based in Portsmouth, NH, classified under NTEE code X112. The organization reported total revenue of $37K and total assets of $521K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of St Nicholas Endowment Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
St Nicholas Endowment Foundation Inc is a micro nonprofit that has been operating for 18 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 14.6%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $37K |
| Total Expenses | $82K |
| Surplus / Deficit | $-44,726 |
| Total Assets | $521K |
| Net Assets | $521K |
| Operating Margin | -120.5% |
| Months of Reserves | 76.3 months |
Financial Health Grade: B
In 2022, St Nicholas Endowment Foundation Inc reported a deficit of $45K with expenses exceeding revenue, holds 76.3 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2011–2022), St Nicholas Endowment Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 14.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +46.5% | +3112.5% | -25.6% |
| 2021 | +16.3% | -88.4% | +16.9% |
| 2020 | -41.0% | +71.2% | +11.2% |
| 2019 | +115.9% | -23.7% | +25.3% |
| 2018 | -55.3% | +903.2% | -7.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
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 Nicholas Endowment Foundation Inc with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, St Nicholas Endowment Foundation Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $45K, with expenses exceeding revenue.
Executive Compensation Analysis
Officer compensation has been consistently reported as 0% across all available filings, indicating that the organization's leadership is likely volunteer-based or compensated through other means not classified as officer compensation, which is positive for resource allocation given the organization's size.
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 Nicholas Endowment Foundation Inc's IRS 990 filings:
- Significant operational deficit in 2022 ($44,726, as expenses of $81,854 exceeded revenue of $37,128).
- Highly inconsistent revenue generation year-over-year (e.g., $63,796 in 2016 vs. $2,549 in 2015).
- Lack of detailed expense breakdown in summary data makes it difficult to assess spending efficiency.
Strengths
The following positive indicators were identified for St Nicholas Endowment Foundation Inc:
- Consistently reports zero liabilities, indicating strong financial solvency and no debt.
- No officer compensation reported across all filings, suggesting efficient use of funds at the leadership level.
- Assets have generally grown over the decade, from $271,574 in 2013 to $520,539 in 2022, demonstrating a stable endowment base.
Frequently Asked Questions about St Nicholas Endowment Foundation Inc
Is St Nicholas Endowment Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, St Nicholas Endowment Foundation Inc (EIN: 203757062) some concerns. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
How does St Nicholas Endowment Foundation Inc spend its money?
St Nicholas Endowment Foundation Inc directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to St Nicholas Endowment Foundation Inc tax-deductible?
St Nicholas Endowment Foundation Inc is registered as a tax-exempt nonprofit (EIN: 203757062). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of St Nicholas Endowment Foundation Inc's spending goes to programs?
St Nicholas Endowment Foundation Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does St Nicholas Endowment Foundation Inc compare to similar nonprofits?
With a transparency score of 65/100 (Good), St Nicholas Endowment Foundation Inc is above average for NTEE category X112 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is St Nicholas Endowment Foundation Inc located?
St Nicholas Endowment Foundation Inc is headquartered in Portsmouth, New Hampshire and files with the IRS under EIN 203757062. It is classified under NTEE code X112.
How many years of IRS 990 filings does St Nicholas Endowment Foundation Inc have?
St Nicholas Endowment Foundation Inc has 12 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 $37K in total revenue.
How does St Nicholas Endowment Foundation Inc cover its operational deficits, such as the $44,726 deficit in 2022?
The provided data does not specify how deficits are covered. It's likely funded through prior year surpluses, investment income from the endowment, or draws from the principal of the endowment, given the consistent asset base.
What are the specific programs or activities that St Nicholas Endowment Foundation Inc funds?
The NTEE code X112 indicates 'Endowment Funds' which suggests the organization primarily manages an endowment to support other entities or causes, rather than directly running programs. The specific beneficiaries are not detailed in the provided financial summary.
What caused the significant increase in expenses in 2022 to $81,854, compared to $2,548 in 2021?
The provided data does not offer a breakdown of expenses, making it impossible to pinpoint the exact cause of the substantial increase in 2022. This could be due to a large grant distribution, significant administrative costs, or investment-related expenses.
Filing History
IRS 990 filing history for St Nicholas Endowment Foundation Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), St Nicholas Endowment Foundation Inc's revenue has grown by 347.4%, moving from $8K to $37K. Total assets increased by 198.5% over the same period, from $174K to $521K. Total functional expenses rose by 11036.6%, from $735 to $82K. In its most recent filing year (2022), St Nicholas Endowment Foundation Inc reported a deficit of $45K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $37K | $82K | $521K | $0 | — | — |
| 2021 | $25K | $3K | $699K | $0 | — | — |
| 2020 | $22K | $22K | $598K | $0 | — | View 990 |
| 2019 | $37K | $13K | $538K | $0 | — | View 990 |
| 2018 | $17K | $17K | $430K | $0 | — | View 990 |
| 2017 | $38K | $2K | $465K | $0 | — | View 990 |
| 2016 | $64K | $11K | $376K | $0 | — | View 990 |
| 2015 | $3K | $31K | $305K | $0 | — | View 990 |
| 2014 | $50K | $6K | $334K | $0 | — | View 990 |
| 2013 | $32K | $10K | $272K | $0 | — | View 990 |
| 2012 | $36K | $221 | $222K | $0 | — | View 990 |
| 2011 | $8K | $735 | $174K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $37K, expenses of $82K, and assets of $521K (revenue +46.5% year-over-year).
- 2021: Revenue of $25K, expenses of $3K, and assets of $699K (revenue +16.3% year-over-year).
- 2020: Revenue of $22K, expenses of $22K, and assets of $598K (revenue -41.0% year-over-year).
- 2019: Revenue of $37K, expenses of $13K, and assets of $538K (revenue +115.9% year-over-year).
- 2018: Revenue of $17K, expenses of $17K, and assets of $430K (revenue -55.3% year-over-year).
- 2017: Revenue of $38K, expenses of $2K, and assets of $465K (revenue -40.0% year-over-year).
- 2016: Revenue of $64K, expenses of $11K, and assets of $376K (revenue +2402.8% year-over-year).
- 2015: Revenue of $3K, expenses of $31K, and assets of $305K (revenue -94.9% year-over-year).
- 2014: Revenue of $50K, expenses of $6K, and assets of $334K (revenue +58.7% year-over-year).
- 2013: Revenue of $32K, expenses of $10K, and assets of $272K (revenue -10.8% year-over-year).
- 2012: Revenue of $36K, expenses of $221, and assets of $222K (revenue +329.4% year-over-year).
- 2011: Revenue of $8K, expenses of $735, and assets of $174K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for St Nicholas Endowment Foundation Inc:
Data Sources and Methodology
This transparency report for St Nicholas Endowment 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.