Stbarnabas Charitable Foundation
Nonprofit profile at a glance
- EIN
- 251552912
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Gibsonia, PA, USA
- Phone
- 7244430700
- Rating
- 76
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Single Organization Support
Reported finances
- Revenue
- $13,065,501
- Expenses
- $6,122,999
- Assets
- $199,921,858
- Liabilities
- $259,765
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- WILLIAM V DAY (PRESIDENT/SECRETARY)
Highest reported compensation
- WILLIAM V DAY (PRESIDENT/SECRETARY): $798,850 total reported compensation
- JAMES D TURCO (OFFICER/CFO): $544,758 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Manage endowment funds, consider & make grants as approved to further the mission of supported organizations
What it reported doing in 2024
Support of the charitable purposes of the exempt nonprofit entities.
Operating model
- Revenue model
- Investment-supported. 99% of the money available for current operations came from recurring investment income.
- Distribution model
- Cannot be determined from the filing. The program-spending lines do not add up, so the filing cannot show reliably whether the nonprofit works directly or through others.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of voting board members are independent.
Rating breakdown
- Financial Efficiency: 69
- Transparency & Controls: 83
- Accountability: 71
- Sustainability: 95
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 82.7%; rating input score 83
- Program expense ratio: 69.1%; rating input score 69
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: 3 of 6 controls in place; rating input score 50
- Compensation committee: Pass
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 99.9%; rating input score 100; 39th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 50%; rating input score 50; 8th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 53.1%; rating input score 94; 94th percentile among comparable filings
- Total-asset coverage ratio: 32.65; rating input score 99; 99th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 96; 96th percentile among comparable filings
- Officer compensation ratio: 0.8%; rating input score 87; 87th percentile among comparable filings
Growth
- Program expense growth: 14.1% per year; rating input score 100; 82nd percentile among comparable filings
- Revenue growth: 2.5% per year; rating input score 100; 22nd percentile among comparable filings
- Asset growth: 5.4% per year; rating input score 100; 38th percentile among comparable filings
Details
- Where the money goes: 82.7% of revenue deployed · 69.1% of spending went to programs
- Governance: 1 of 2 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $4.2M in reported program spending
- Leadership: top reported pay $799K · 3 people listed · 3 of 6 pay-setting controls reported
- Highest-paid contractors: 1 contractor listed · $110K reported
- Consistency: 17 of 17 current checks pass
- Schedules: 8 filed schedules · includes major donors, grants, and executive pay
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 9 filed money-flow records
- Related organizations: 27 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Accountability: Independent voting board scored 50/100.