St Peter Academy Inc
St Peter Academy Inc shows consistent revenue growth and no reported officer compensation across all filings.
EIN: 201525308 · Boston, MA · NTEE: B24 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.3M |
| Total Expenses | $1.3M |
| Program Spending | 90% |
| Net Assets | $847K |
| Transparency Score | 92/100 |
Is St Peter Academy Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
St Peter Academy Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About St Peter Academy Inc
St Peter Academy Inc (EIN: 201525308) is a nonprofit organization based in Boston, MA, classified under NTEE code B24. The organization reported total revenue of $1.3M and total assets of $1.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of St Peter Academy Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
St Peter Academy Inc is a mid-size nonprofit that has been operating for 4 years, with 6 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of 7.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.4M |
| Total Expenses | $1.3M |
| Surplus / Deficit | +$77K |
| Total Assets | $1.7M |
| Total Liabilities | $818K |
| Net Assets | $847K |
| Operating Margin | 5.7% |
| Debt-to-Asset Ratio | 49.1% |
| Months of Reserves | 15.7 months |
Financial Health Grade: A
In 2023, St Peter Academy Inc reported a surplus of $77K with revenue exceeding expenses, holds 15.7 months of operating reserves (strong position), has a debt-to-asset ratio of 49.1% (moderate leverage).
Financial Trends
Over 6 years of filings (2013–2023), St Peter Academy Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +74.2% | +85.3% | +93.4% |
| 2017 | +9.2% | -9.5% | +49.3% |
| 2016 | +17.3% | +19.3% | -9.4% |
| 2015 | -13.2% | -0.6% | -13.3% |
| 2014 | +7.4% | +9.3% | -10.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2022 |
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 Peter Academy Inc 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 Peter Academy Inc 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 $77K, with revenue exceeding expenses.
- Debt-to-asset ratio: 49.1%.
Executive Compensation Analysis
The organization reports 0% officer compensation across all six available filings, indicating that its leadership is either entirely volunteer-based or compensated through other means not classified as officer compensation, which is a highly positive sign for efficient resource allocation.
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.
Strengths
The following positive indicators were identified for St Peter Academy Inc:
- Consistent revenue growth, increasing from $649,854 in 2013 to $1,352,622 in 2023.
- No reported officer compensation across all six filings, indicating efficient use of funds.
- Healthy asset growth, nearly doubling from $820,818 in 2013 to $1,665,044 in 2023.
- Consistent operating surpluses in recent years, such as $76,663 in 2023, demonstrating sound financial management.
- Regular IRS 990 filing history (6 filings) indicates good transparency.
Frequently Asked Questions about St Peter Academy Inc
Is St Peter Academy Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, St Peter Academy Inc (EIN: 201525308) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does St Peter Academy Inc spend its money?
St Peter Academy Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to St Peter Academy Inc tax-deductible?
St Peter Academy Inc is registered as a tax-exempt nonprofit (EIN: 201525308). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of St Peter Academy Inc's spending goes to programs?
St Peter Academy Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does St Peter Academy Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), St Peter Academy Inc is above average for NTEE category B24 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is St Peter Academy Inc located?
St Peter Academy Inc is headquartered in Boston, Massachusetts and files with the IRS under EIN 201525308. It is classified under NTEE code B24.
How many years of IRS 990 filings does St Peter Academy Inc have?
St Peter Academy Inc has 6 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 $1.3M in total revenue.
Is St Peter Academy Inc financially stable?
Yes, St Peter Academy Inc appears financially stable. Its revenue has consistently grown from $649,854 in 2013 to $1,352,622 in 2023, and it has maintained a surplus in most recent years, including $76,663 in 2023. Assets have also nearly doubled over the decade.
How does St Peter Academy Inc manage executive compensation?
St Peter Academy Inc reports 0% officer compensation in all available IRS 990 filings, suggesting a strong commitment to directing funds towards its mission rather than high executive salaries.
Has St Peter Academy Inc's financial health improved over time?
Yes, the organization's financial health has improved. Revenue has consistently increased, assets have grown significantly from $820,818 in 2013 to $1,665,044 in 2023, and it has generally operated with a surplus, indicating positive financial trajectory.
Filing History
IRS 990 filing history for St Peter Academy Inc showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2013–2023), St Peter Academy Inc's revenue has grown by 108.1%, moving from $650K to $1.4M. Total assets increased by 102.9% over the same period, from $821K to $1.7M. Total functional expenses rose by 117.3%, from $587K to $1.3M. In its most recent filing year (2023), St Peter Academy Inc reported a surplus of $77K, with revenue exceeding expenses. The organization holds $818K in liabilities against $1.7M in assets (debt-to-asset ratio: 49.1%), resulting in net assets of $847K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.4M | $1.3M | $1.7M | $818K | — | View 990 |
| 2017 | $777K | $689K | $861K | $634K | — | View 990 |
| 2016 | $711K | $761K | $577K | $664K | — | — |
| 2015 | $606K | $638K | $637K | $674K | — | View 990 |
| 2014 | $698K | $642K | $735K | $740K | — | View 990 |
| 2013 | $650K | $587K | $821K | $883K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.4M, expenses of $1.3M, and assets of $1.7M (revenue +74.2% year-over-year).
- 2017: Revenue of $777K, expenses of $689K, and assets of $861K (revenue +9.2% year-over-year).
- 2016: Revenue of $711K, expenses of $761K, and assets of $577K (revenue +17.3% year-over-year).
- 2015: Revenue of $606K, expenses of $638K, and assets of $637K (revenue -13.2% year-over-year).
- 2014: Revenue of $698K, expenses of $642K, and assets of $735K (revenue +7.4% year-over-year).
- 2013: Revenue of $650K, expenses of $587K, and assets of $821K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for St Peter Academy Inc:
Data Sources and Methodology
This transparency report for St Peter Academy 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.