Friends of Marist Inc
Nonprofit profile at a glance
- EIN
- 454077680
- IRS 990-EZ coverage
- 2017–2020
- Forms available
- Form 990 2016, Form 990-EZ 2020, Form 990-N 2015
- Location
- Bayonne, NJ, USA
- Phone
- 2014152887
- Rating
- 64
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Fund Raising and Fund Distribution
- Affiliation
- Christianity
Reported finances
- Revenue
- $351
- Expenses
- $351
- Assets
- $0
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2020. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- PETER G KANE (PRESIDENT)
- ALICE J MIESNIK (VICE PRESIDENT/TRUSTEE)
People named in this filing
- PETER G KANE (PRESIDENT)
- ALICE J MIESNIK (VICE PRESIDENT/TRUSTEE)
- WILLARD J JONES (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
The mission of the friends of marist inc. Is to enhance the quality of education in marist high school, bayonne, nj by (1) broadening the opportunities for marist high school to deliver an outstanding and unique catholic college-preparatory educational experience and (2) encourage community wide interest and involvement in and support of marist high school's commitment to a continuing and life-long educational process, consistent with the goals, objectives and policies of marist high school.
What it reported doing in 2020
To provide financial assistance to enhance the quality of education provided and to supplement existing programs and services at marist high school.
Operating model
- Revenue model
- Donor-supported. 94% of the money available for current operations came from contributions and gifts.
- 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
SUPPORTED - The filed numbers largely add up. Revenue has declined or grown slowly and assets have declined or grown slowly.
Rating breakdown
- Financial Efficiency: 59
- Transparency & Controls: 82
- Sustainability: 29
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 94.6%; rating input score 95
- 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: 0%; rating input score 46; 46th 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: -90.9% per year; rating input score 0; 3rd percentile among comparable filings
- Asset growth: -31.3% per year; rating input score 0; 5th percentile among comparable filings
Details
- Where the money goes: 94.6% of revenue deployed
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 4 of 4 current checks pass
- Schedules: 4 filed schedules
- Filing history: 4 filing years from 2017 to 2020
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: 1 filed related-organization link
- 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 — Growth: Revenue growth scored 0/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 2/100.
- Moderate — Sustainability: Operating margin scored 46/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.