The Society Of St Vincent De Paul Laconia Conference Inc

The Society Of St Vincent De Paul Laconia Conference Inc shows consistent growth and zero executive compensation, directing all funds to mission.

EIN: 200157177 · Laconia, NH · NTEE: P20 · Updated: 2026-03-28

$603KRevenue
$516KGross Revenue
$1.8MAssets
95/100Mission Score (Excellent)
P20
The Society Of St Vincent De Paul Laconia Conference Inc Financial Summary
MetricValue
Total Revenue$603K
Total Expenses$439K
Program Spending90%
CEO/Top Officer Pay$500,000.
Net Assets$1.8M
Transparency Score95/100

Is The Society Of St Vincent De Paul Laconia Conference Inc Legit?

Appears Legitimate

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
NoneRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

The Society Of St Vincent De Paul Laconia Conference Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About The Society Of St Vincent De Paul Laconia Conference Inc

The Society Of St Vincent De Paul Laconia Conference Inc (EIN: 200157177) is a nonprofit organization based in Laconia, NH, classified under NTEE code P20. The organization reported total revenue of $603K and total assets of $1.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Society Of St Vincent De Paul Laconia Conference Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

1Years Operating
SmallSize Classification
14Years of Filings
MixedRevenue Trajectory

The Society Of St Vincent De Paul Laconia Conference Inc is a small nonprofit that has been operating for 1 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 2.1%.

Key Financial Metrics (2024)

From the most recent IRS 990 filing on record:

Total Revenue$526K
Total Expenses$439K
Surplus / Deficit+$87K
Total Assets$1.8M
Net Assets$1.8M
Operating Margin16.6%
Months of Reserves48.6 months

Financial Health Grade: A

In 2024, The Society Of St Vincent De Paul Laconia Conference Inc reported a surplus of $87K with revenue exceeding expenses, holds 48.6 months of operating reserves (strong position).

Financial Trends

Over 14 years of filings (2011–2024), The Society Of St Vincent De Paul Laconia Conference Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.1%.

YearRevenue ChangeExpense ChangeAsset Change
2024+7.9%+16.0%+5.2%
2023-8.8%+7.0%+6.9%
2022+26.9%+35.0%+12.9%
2021+8.9%-3.2%+12.8%
2020-4.8%-15.7%+1.5%

IRS Tax-Exempt Classification

IRS Classification Codes1500
IRS Ruling Date2025

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Society Of St Vincent De Paul Laconia Conference Inc demonstrates consistent financial growth and strong program focus. Over the past five years, the organization's revenue has steadily increased from $386,781 in 2020 to $526,339 in 2024, indicating growing support for its mission. Assets have also shown healthy growth, nearly doubling from $1,242,804 in 2020 to $1,778,957 in 2024, suggesting sound financial management and capacity building. The organization consistently reports zero liabilities in recent years, which is a significant indicator of financial stability and low risk. Spending efficiency appears high, with expenses consistently lower than revenue, allowing for asset accumulation. For example, in 2024, expenses were $439,161 against revenues of $526,339, resulting in a surplus. A key strength is the reported 0% officer compensation across all available filings, which strongly suggests that all funds are directed towards programs and operational costs rather than executive salaries. This practice significantly enhances the organization's spending efficiency and donor confidence. Transparency is excellent, as evidenced by the consistent filing of IRS Form 990s and the clear financial picture presented. The absence of officer compensation is a particularly strong indicator of a volunteer-driven or very lean administrative structure, which is highly commendable for a nonprofit of this size. The organization's financial health appears robust, with a clear commitment to its mission through efficient resource allocation and minimal administrative overhead.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates The Society Of St Vincent De Paul Laconia Conference Inc with a Mission Score of 95 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

According to IRS 990 filings, The Society Of St Vincent De Paul Laconia Conference Inc 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.

Key Financial Metrics (2024)

From the most recent IRS 990 filing on record:

$526KTotal Revenue
$439KTotal Expenses
$1.8MTotal Assets
$1.8MNet Assets

Executive Compensation Analysis

Executive compensation is consistently reported at 0% across all available filings, indicating that no officers receive salaries, which is exceptional for an organization with annual revenues exceeding $500,000.

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 The Society Of St Vincent De Paul Laconia Conference Inc:

Frequently Asked Questions about The Society Of St Vincent De Paul Laconia Conference Inc

Is The Society Of St Vincent De Paul Laconia Conference Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, The Society Of St Vincent De Paul Laconia Conference Inc (EIN: 200157177) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.

How does The Society Of St Vincent De Paul Laconia Conference Inc spend its money?

The Society Of St Vincent De Paul Laconia Conference Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to The Society Of St Vincent De Paul Laconia Conference Inc tax-deductible?

The Society Of St Vincent De Paul Laconia Conference Inc is registered as a tax-exempt nonprofit (EIN: 200157177). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the The Society Of St Vincent De Paul Laconia Conference Inc CEO make?

The Society Of St Vincent De Paul Laconia Conference Inc's highest-compensated officer earns $500,000. annually. The organization reported $603K in total revenue. Executive compensation data is disclosed in IRS 990 filings.

How does The Society Of St Vincent De Paul Laconia Conference Inc compare to similar nonprofits?

With a transparency score of 95/100 (Excellent), The Society Of St Vincent De Paul Laconia Conference Inc is above average for NTEE category P20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is The Society Of St Vincent De Paul Laconia Conference Inc located?

The Society Of St Vincent De Paul Laconia Conference Inc is headquartered in Laconia, New Hampshire and files with the IRS under EIN 200157177. It is classified under NTEE code P20.

How many years of IRS 990 filings does The Society Of St Vincent De Paul Laconia Conference Inc have?

The Society Of St Vincent De Paul Laconia Conference Inc has 14 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 $603K in total revenue.

Is The Society Of St Vincent De Paul Laconia Conference Inc a good charity?

Yes, based on the available IRS 990 data, it appears to be a very good charity. It demonstrates strong financial health, consistent growth, and a remarkable commitment to its mission by reporting 0% officer compensation.

How has the organization's financial health changed over the past five years?

The organization's financial health has significantly improved over the past five years. Revenue increased from $386,781 in 2020 to $526,339 in 2024, and assets grew from $1,242,804 to $1,778,957 in the same period, while liabilities have been consistently $0 since 2021.

What is the organization's approach to executive compensation?

The organization reports 0% officer compensation in all available filings, indicating a volunteer-led or extremely lean administrative structure where no executives are paid salaries from the organization's funds.

Does the organization have any significant liabilities?

No, the organization has reported $0 in liabilities for the past four consecutive fiscal periods (2021-2024), indicating excellent financial stability and minimal debt.

Filing History

IRS 990 filing history for The Society Of St Vincent De Paul Laconia Conference Inc showing financial trends over 14 years of public records:

Over 14 years of IRS 990 filings (2011–2024), The Society Of St Vincent De Paul Laconia Conference Inc's revenue has grown by 30.5%, moving from $403K to $526K. Total assets increased by 99.9% over the same period, from $890K to $1.8M. Total functional expenses rose by 34.5%, from $326K to $439K. In its most recent filing year (2024), The Society Of St Vincent De Paul Laconia Conference Inc reported a surplus of $87K, with revenue exceeding expenses.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2024 $526K $439K $1.8M $0
2023 $488K $379K $1.7M $0 View 990
2022 $535K $354K $1.6M $0 View 990
2021 $421K $262K $1.4M $0 View 990
2020 $387K $271K $1.2M $0 View 990
2019 $406K $321K $1.2M $98K View 990
2018 $333K $299K $1.2M $193K View 990
2017 $357K $312K $1.2M $192K View 990
2016 $397K $316K $1.2M $209K View 990
2015 $407K $334K $1.1M $235K View 990
2014 $412K $329K $1.1M $259K View 990
2013 $443K $338K $1.0M $283K View 990
2012 $403K $343K $928K $306K View 990
2011 $403K $326K $890K $327K View 990

Year-by-Year Financial Summary

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for The Society Of St Vincent De Paul Laconia Conference Inc:

2024 Filing 2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for The Society Of St Vincent De Paul Laconia Conference 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.

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