Borromeo Project Inc

Nonprofit profile at a glance

EIN
883995305
IRS 990-EZ coverage
2022–2024
Forms available
Form 990 2023, Form 990-EZ 2024
Location
Munsonville, NH, USA
Phone
6039333540
Rating
86
Verdict
STRONG
Rating confidence
Moderate
Sector
Educational Services and Schools - Other
Affiliation
Christianity

Reported finances

Revenue
$159,000
Expenses
$166,217
Assets
$25,181
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • MARIO ENZLER (EXECUTIVE DIRECTOR)

People named in this filing

  • MARIO ENZLER (EXECUTIVE DIRECTOR)
  • REV CARL BEEKMAN (BOARD MEMBER)
  • REV JIM CRISMAN (BOARD MEMBER)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Designed to be an intentional and practical way to aid the church in strengthening her clergy and religious as they strive to be good stewards in the responsibilities entrusted to them/

What it reported doing in 2024

Two workshops on Ecclesial Management and administration of Clergy. 1500 hours of consulting in canonical affairs and parish financial misconduct. 250 hours of coaching bishops and priests on navigating crisis. Participated in 5 conferences worldwide.

Operating model

Revenue model
Earned-program. 91% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 90
  • Transparency & Controls: 91
  • Sustainability: 24
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 90.6%; rating input score 91
  • Program expense ratio: 86.6%; rating input score 87

Transparency & Controls

  • Consistency checks: 88.9%; rating input score 89; 1st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -4.5%; rating input score 23; 23rd percentile among comparable filings
  • Total-asset coverage ratio: 0.15; rating input score 15; 15th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
  • Officer compensation ratio: 72.2%; rating input score 1; 1st percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 50.2% per year; rating input score 100; 96th percentile among comparable filings
  • Asset growth: 33.2% per year; rating input score 100; 89th percentile among comparable filings

Details

  • Where the money goes: 90.6% of revenue deployed · 86.6% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $144K in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 2 filing years from 2022 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • 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.

  • High — Sustainability: Operating margin scored 23/100.
  • High — Sustainability: Total-asset coverage ratio scored 15/100.
  • High — Sustainability: Officer compensation ratio scored 1/100.