Friends of Catholic Education in Ireland Inc

Nonprofit profile at a glance

EIN
461734382
IRS 990-EZ coverage
2015–2017
Forms available
Form 990 2014, Form 990-EZ 2017
Location
Munsonville, NH, USA
Phone
6039033855
Rating
48
Verdict
MIXED
Rating confidence
Moderate
Sector
Single Organization Support
Affiliation
Christianity

Reported finances

Revenue
$100,000
Expenses
$74,822
Assets
$167,568
Liabilities
$0

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

Leadership & pay

4 people listed

Executive titles in this filing

  • NICHOLAS J HEALY (PRESIDENT)

People named in this filing

  • NICHOLAS J HEALY (PRESIDENT)
  • MICHAEL HEALY (DIRECTOR)
  • JOSEPH MONAHAN (DIRECTOR)

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 2017. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To promote catholic higher education in ireland which is faithful to the teaching of the catholic church and which stresses the liberal arts in its curriculum

What it reported doing in 2017

Newman college ireland completed its third year at the drummond hotel in ballykelly, northern ireland. We had 16 students enrolled for a liberal arts program. The students were all in one wing of the hotel and had their own bedrooms. The hotel also set aside space for a library, study room, classroom and dining facilities. We had a full complement of faculty covering theology, philosophy, natural science, history, literature, latin and music. All the professors have doctorates in the subjects they teach. The college continues to have the support of the local bishop of derry and the primate of all ireland. The students all earned 32 or more credits for the year. The hotel has a chapel where mass is celebrated daily and most of the students were able to take advantage of this.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
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 revenue comfortably covers expenses. 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: 22
  • Transparency & Controls: 82
  • Sustainability: 77
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 19.8%; rating input score 20
  • Program expense ratio: 26.5%; rating input score 26

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 25.2%; rating input score 83; 83rd percentile among comparable filings
  • Total-asset coverage ratio: 2.24; rating input score 85; 85th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 84; 84th percentile among comparable filings
  • Officer compensation ratio: 6.7%; rating input score 26; 26th percentile among comparable filings

Growth

  • Program expense growth: -125.1% per year; rating input score 0; 1st percentile among comparable filings
  • Revenue growth: -54.8% per year; rating input score 0; 0th percentile among comparable filings
  • Asset growth: -29.2% per year; rating input score 0; 4th percentile among comparable filings

Details

  • Where the money goes: 19.8% of revenue deployed · 26.5% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $20K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 8 of 9 current checks pass · 1 finding to review
  • Schedules: 2 filed schedules
  • Filing history: 3 filing years from 2015 to 2017
  • 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Financial Efficiency: Mission deployment rate scored 20/100.
  • High — Financial Efficiency: Program expense ratio scored 26/100.
  • Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 26/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.