Stella Maris Home Association

Stella Maris Home Association consistently operates without executive compensation, showing steady asset growth.

EIN: 203399603 · Cape May, NJ · NTEE: N50 · Updated: 2026-03-28

$445KRevenue

$282KAssets

90/100Mission Score (Excellent)

N50

About Stella Maris Home Association

Stella Maris Home Association (EIN: 203399603) is a nonprofit organization based in Cape May, NJ, classified under NTEE code N50. The organization reported total revenue of $445K and total assets of $282K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Stella Maris Home Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Stella Maris Home Association demonstrates consistent financial activity, with revenues generally exceeding expenses in recent years, contributing to a steady growth in assets. For example, in 2023, revenue was $99,728 against expenses of $72,735, leading to an increase in assets to $174,658. The organization's NTEE code N50 suggests a focus on 'Religious Housing and Shelter, Temporary', indicating a direct program service. The absence of reported officer compensation across all filings is a significant indicator of efficient spending and a volunteer-driven leadership model, which enhances donor confidence regarding administrative overhead. While specific program spending ratios are not detailed in the provided data, the lack of executive compensation suggests a high proportion of funds are likely directed towards its mission. The organization's asset base has shown a positive trend, growing from $132,425 in 2016 to $174,658 in 2023, indicating financial stability and prudent management over time.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Stella Maris Home Association with a Mission Score of 90 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: 90%
fundraising: 0%

According to IRS 990 filings, Stella Maris Home Association allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership operates on a volunteer basis, which is highly commendable for a nonprofit of its size with latest revenue of $445,040.

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 Stella Maris Home Association:

Zero executive compensation reported across all filings, indicating volunteer leadership.
Consistent asset growth from $132,425 in 2016 to $174,658 in 2023.
Revenues generally exceed expenses, demonstrating financial stability (e.g., 2023: Revenue $99,728, Expenses $72,735).
Strong potential for high program spending due to minimal administrative overhead.

Frequently Asked Questions about Stella Maris Home Association

Is Stella Maris Home Association a good charity?

Based on the provided data, Stella Maris Home Association appears to be a good charity. It consistently operates without executive compensation, indicating a strong commitment to directing funds towards its mission. Its assets have shown steady growth, and revenues have generally exceeded expenses in recent years, suggesting financial stability.

How does Stella Maris Home Association manage its administrative costs?

The organization manages its administrative costs very efficiently, primarily evidenced by the consistent reporting of 0% officer compensation across all filings. This suggests a volunteer-led management structure, significantly reducing overhead.

What is the trend in Stella Maris Home Association's financial health?

The organization shows a positive financial trend. Assets have grown from $132,425 in 2016 to $174,658 in 2023, and revenues have generally outpaced expenses, indicating a stable and growing financial position.

Filing History

IRS 990 filing history for Stella Maris Home Association showing financial trends over 8 years of public records:

Over 8 years of IRS 990 filings (2016–2023), Stella Maris Home Association's revenue has grown by 51.5%, moving from $66K to $100K. Total assets increased by 31.9% over the same period, from $132K to $175K. Total functional expenses rose by 22.4%, from $59K to $73K. In its most recent filing year (2023), Stella Maris Home Association reported a surplus of $27K, with revenue exceeding expenses. The organization holds $67K in liabilities against $175K in assets (debt-to-asset ratio: 38.1%), resulting in net assets of $108K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$100K	$73K	$175K	$67K	—	View 990
2022	$75K	$69K	$151K	$69K	—	View 990
2021	$42K	$46K	$149K	$74K	—	View 990
2020	$63K	$46K	$157K	$78K	—	View 990
2019	$65K	$63K	$143K	$81K	—	View 990
2018	$98K	$98K	$142K	$84K	—	—
2017	$52K	$75K	$148K	$89K	—	—
2016	$66K	$59K	$132K	$88K	—	—

Year-by-Year Financial Summary

2023: Revenue of $100K, expenses of $73K, and assets of $175K (revenue +33.5% year-over-year).
2022: Revenue of $75K, expenses of $69K, and assets of $151K (revenue +79.0% year-over-year).
2021: Revenue of $42K, expenses of $46K, and assets of $149K (revenue -34.3% year-over-year).
2020: Revenue of $63K, expenses of $46K, and assets of $157K (revenue -2.3% year-over-year).
2019: Revenue of $65K, expenses of $63K, and assets of $143K (revenue -33.4% year-over-year).
2018: Revenue of $98K, expenses of $98K, and assets of $142K (revenue +87.5% year-over-year).
2017: Revenue of $52K, expenses of $75K, and assets of $148K (revenue -20.9% year-over-year).
2016: Revenue of $66K, expenses of $59K, and assets of $132K.

Data Sources and Methodology

This transparency report for Stella Maris Home Association 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.