Cristo Rey Corporate Internship Program Inc

Nonprofit profile at a glance

EIN
205300491
IRS 990 coverage
2014–2017
Forms available
Form 990 2017, Form 990-N 2011
Location
Baltimore, MD, USA
Phone
4107273255
Rating
75
Verdict
SUPPORTED
Rating confidence
Moderate

Reported finances

Revenue
$1,910,917
Expenses
$1,700,605
Assets
$25,669,549
Liabilities
$176,833

Source: IRS Form 990. Selected filing: tax year 2017. Amounts in USD.

Leadership & pay

35 people listed

Executive titles in this filing

  • DR WILLIAM HEISER (TRUSTEE/PRESIDENT)

Highest reported compensation

  • DR WILLIAM HEISER (TRUSTEE/PRESIDENT): $183,915 total reported compensation
  • LEIGH PROFIT (DIRECTOR OF FINANCE): $123,045 total reported compensation
  • JANET SHOCK (DIR. OF CORP INTERN (THRU 7/17)): $92,562 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2017. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To provide an integral educational experience through a work/study program which enhances the self esteem, work ethic, academic relevance, and cultural experience of high school students attending cristo rey jesuit high school located in baltimore, Maryland by exposing them to a variety of work environments and occupations.

What it reported doing in 2017

Provide approximately 340 students of cristo rey jesuit high school with the opportunity to learn and grow through entry-level jobs at approximately 129 businesses and non-profits throughout the baltimore area.

Operating model

Revenue model
Earned-program. 85% of the money available for current operations came from fees and other program revenue.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 78
  • Transparency & Controls: 68
  • Accountability: 84
  • Sustainability: 77
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 79.6%; rating input score 80
  • Program expense ratio: 100%; rating input score 100
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 74th percentile among comparable filings
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 96.9%; rating input score 97; 26th percentile among comparable filings
  • Governance controls: 6 of 9 controls in place; rating input score 67
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Fail
    • CEO compensation review process: Fail
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 11%; rating input score 69; 69th percentile among comparable filings
  • Total-asset coverage ratio: 15.09; rating input score 95; 95th percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 79; 79th percentile among comparable filings
  • Officer compensation ratio: 3.4%; rating input score 62; 62nd percentile among comparable filings

Growth

  • Program expense growth: 18.2% per year; rating input score 100; 83rd percentile among comparable filings
  • Revenue growth: -6% per year; rating input score 0; 9th percentile among comparable filings
  • Asset growth: 3.7% per year; rating input score 100; 46th percentile among comparable filings

Details

  • Where the money goes: 79.6% of revenue deployed · 100% of spending went to programs
  • Governance: 31 of 32 board members independent · 6 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $1.7M in reported program spending
  • Leadership: top reported pay $184K · 35 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 16 of 16 current checks pass
  • Schedules: 7 filed schedules · includes grants and executive pay
  • Filing history: 4 filing years from 2014 to 2017
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: 2 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.

  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • Review — Accountability: Governance controls: 3 of 9 not reported.
  • High — Growth: Revenue growth scored 0/100.