Catholic Business Network of Montgomery County Inc
Nonprofit profile at a glance
- EIN
- 521943236
- IRS 990-EZ coverage
- 2011–2020
- Forms available
- Form 990-EZ 2020
- Location
- Bethesda, MD, USA
- Phone
- 3016529100
- Rating
- 58
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Community, Neighborhood Development
- Affiliation
- Christianity
Reported finances
- Revenue
- $76,159
- Expenses
- $84,183
- Assets
- $0
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2020. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- GEOFF GONELLA (PRESIDENT)
- MEAGAN SEXTON (VICE PRESIDENT)
- ANDREW RYAN (IMMEDIATE PAST PRESIDENT)
People named in this filing
- GEOFF GONELLA (PRESIDENT)
- MEAGAN SEXTON (VICE PRESIDENT)
- JOHN R COMUNALE (TREASURER)
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 2020. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Seek to strengthen the members' catholic faith by sharing professional experiences, fostering business ethics and social responsibility and promoting community service.
What it reported doing in 2020
To provide benefits to members with various networking opportunities, to strengthen members' catholic faith by sharing professional experiences, fostering business ethics and social responsibility and promoting community services and to provide support to catholic service organizations.
Operating model
- Revenue model
- Membership-supported. 100% of the money available for current operations came from membership dues.
- Distribution model
- Transfer-based 990-EZ. The 990-EZ reports grants or member benefits, but it does not separate enough spending to show the nonprofit’s full delivery mix.
The verdict
MIXED - The filed numbers largely add up. Expenses are high relative to revenue and assets have declined or grown slowly.
Rating breakdown
- Financial Efficiency: 43
- Transparency & Controls: 82
- Sustainability: 24
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 68.6%; rating input score 69
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -10.5%; rating input score 35; 35th percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 0.7% per year; rating input score 100; 69th percentile among comparable filings
- Asset growth: -7.4% per year; rating input score 0; 20th percentile among comparable filings
Details
- Where the money goes: 68.6% of revenue deployed
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 12 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Filing history: 10 filing years from 2011 to 2020
- Contacts: How to reach this organization
- 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.
- Moderate — Sustainability: Operating margin scored 35/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 2/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.