Friends of Marian Friars Minor Inc

Nonprofit profile at a glance

EIN
832537685
IRS 990-EZ coverage
2020–2021
Forms available
Form 990-EZ 2021, Form 990-N 2019
Location
Bellevue, KY, USA
Phone
5138528233
Rating
84
Verdict
STRONG
Rating confidence
Moderate

Official website

Reported finances

Revenue
$156,925
Expenses
$120,470
Assets
$105,516
Liabilities
$4,369

Source: IRS Form 990-EZ. Selected filing: tax year 2021. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • MATTHEW BALL (PRESIDENT/DI)

People named in this filing

  • MATTHEW BALL (PRESIDENT/DI)
  • RON BROWNING (SECRETARY/DI)
  • TOM DOWLER (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 2021. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The primary purpose of friends of marian friars minor, inc (fmf) is to provide assistance in the support of a community of franciscan brothers and priests who live a life of poverty and religious reflection and minister to the religious needs of the community at large providing spiritual direction, confessional and preaching. The brothers and priests follow the direction of st. Francis and live a life of poverty, forgoing secular comforts.

What it reported doing in 2021

Fmf has one program service--assisting in the building a community of brothers and priests who live under a religious life under a vow and minister to the community at large. Fmf is a new organization and much of the current program accomplishments relate to securing and renovating a spiritual center and attracting young men who will join the community and ultimately help fulfill its mission.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
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 - The filed numbers largely add up and a large share of available resources goes toward mission work. Total assets are small relative to annual expenses; liquid coverage is unknown and liabilities are high compared with assets.

Rating breakdown

  • Financial Efficiency: 73
  • Transparency & Controls: 100
  • Sustainability: 58
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 65.6%; rating input score 66
  • Program expense ratio: 85.5%; rating input score 85

Transparency & Controls

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

Sustainability

  • Operating margin: 23.2%; rating input score 69; 69th percentile among comparable filings
  • Total-asset coverage ratio: 0.88; rating input score 48; 48th percentile among comparable filings
  • Liabilities to assets ratio: 0.04; rating input score 34; 34th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 65; 65th percentile among comparable filings

Growth

  • Program expense growth: 69.1% per year; rating input score 100; 94th percentile among comparable filings
  • Revenue growth: 61% per year; rating input score 100; 95th percentile among comparable filings
  • Asset growth: 43.5% per year; rating input score 100; 90th percentile among comparable filings

Details

  • Where the money goes: 65.6% of revenue deployed · 85.5% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $103K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 2 filing years from 2020 to 2021
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Related organizations: Filed and resolved organization relationships.
  • 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: Total-asset coverage ratio scored 48/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 34/100.