Catholic Order of Foresters
Nonprofit profile at a glance
- EIN
- 360879870
- IRS 990 coverage
- 2010–2024
- Official website data refreshed
- Jul 2026
- Forms available
- Form 990 2024, Form 990-N 2007
- Location
- Naperville, IL, United States
- Phone
- 800-552-0145 ext 8121
- Rating
- 50
- Verdict
- MIXED
- Rating confidence
- Moderate
- Affiliation
- Christianity
Reported finances
- Revenue
- $105,771,852
- Expenses
- $105,444,291
- Assets
- $1,212,528,934
- Liabilities
- $1,152,315,256
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
32 people listed
Executive titles in this filing
- Greg Temple (President)
Highest reported compensation
- Greg Temple (President): $746,704 total reported compensation
- Mark Walsworth (EVP - Chief Marketing Officer): $711,692 total reported compensation
- Christopher Nowotarski (General Counsel/Corporate Secretary): $499,809 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Catholic Order of Foresters’ mission statement: We bring Catholic values to life by providing financial security for our members while inspiring them to grow in faith, service, and community. For more information about this program, contact Vice President of Investments Michael Deering. “Our mission at Divine Mercy University is to bring faith and the wisdom of the Church regarding the human person into the field of mental health. Since partnering with Catholic Order of Foresters, we have more than doubled our enrollment, acquired and renovated our permanent campus, and begun two new programs. Catholic Order of Foresters’ support has been invaluable in making that happen. They uniquely blend the provision of financial resources with professionalism and a desire to serve the Church’s mission in critical areas. Many institutions talk about their commitment to clients, but Catholic.
What it reported doing in 2024
To provide competitive insurance and retirement products to our memembers as a fraternal life insurance company
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
MIXED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 0
- Transparency & Controls: 87
- Accountability: 95
- Sustainability: 46
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 0%; rating input score 0
- Program expense ratio: 0%; rating input score 0
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 93.3%; rating input score 93; 21st percentile among comparable filings
- Pay-setting controls: 5 of 6 controls in place; rating input score 83
- Compensation committee: Pass
- Independent consultant: Missing
- Other Form 990s reviewed: Pass
- Written employment contract: Pass
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 77%; rating input score 77; 16th percentile among comparable filings
- Major donor itemization: Limited
- Related-party transparency: Yes; rating input score 100
Accountability
- Independent voting board: 100%; rating input score 100; 77th percentile among comparable filings
- Governance controls: 8 of 9 controls in place; rating input score 89
- 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: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 0.3%; rating input score 33; 33rd percentile among comparable filings
- Total-asset coverage ratio: 11.5; rating input score 92; 92nd percentile among comparable filings
- Liabilities to assets ratio: 0.95; rating input score 9; 9th percentile among comparable filings
- Officer compensation ratio: 5.1%; rating input score 16; 16th percentile among comparable filings
Growth
- Program expense growth: 11.9% per year; rating input score 100; 81st percentile among comparable filings
- Revenue growth: -0.1% per year; rating input score 0; 5th percentile among comparable filings
- Asset growth: 3% per year; rating input score 100; 20th percentile among comparable filings
Details
- What they do: Mission, programs, and operating context captured from the official website.
- Where the money goes: 0% of revenue deployed · 0% of spending went to programs
- Governance: 15 of 15 board members independent · 8 of 9 filing controls reported
- Programs: 2 filed program accomplishments · $105.1M in reported program spending
- Leadership: top reported pay $747K · 32 people listed · 5 of 6 pay-setting controls reported
- Consistency: 14 of 16 current checks pass · 2 findings to review
- Schedules: 5 filed schedules · includes grants, executive pay, and related organizations
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 32 filed money-flow records
- Related organizations: 3 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Mission deployment rate scored 0/100.
- High — Financial Efficiency: Program expense ratio scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Moderate — Sustainability: Operating margin scored 33/100.
- Review — Accountability: Governance controls: Form 990 shared with the board not reported.
- Moderate — Transparency & Controls: Functional expense sum did not reconcile in the filed values.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
- High — Sustainability: Liabilities to assets ratio scored 9/100.
- High — Sustainability: Officer compensation ratio scored 16/100.