Holy Cross Building Association Inc
Nonprofit profile at a glance
- EIN
- 381737736
- IRS 990-EZ coverage
- 2010–2019
- Forms available
- Form 990-EZ 2019
- Location
- Detroit, MI, USA
- Phone
- 3138435233
- Rating
- 34
- Verdict
- REVIEW
- Rating confidence
- Moderate
Reported finances
- Revenue
- $136,359
- Expenses
- $170,905
- Assets
- $89,258
- Liabilities
- $32,217
Source: IRS Form 990-EZ. Selected filing: tax year 2019. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- MICHAEL G MATRAS (PRESIDENT)
People named in this filing
- MICHAEL G MATRAS (PRESIDENT)
- DAVE MICKLASH (VICE PRESIDE)
- MATTHEW DZIEWIT (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 2019. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
All activities provide funds for the holy cross building association, inc. To continue their charitable work in the community and to maintain building for the membership.
What it reported doing in 2019
Holy cross building association, inc. Provides charitable work in the community and maintains their building for the membership.
Operating model
- Revenue model
- Earned-program. 100% of the money available for current operations came from fees and other program revenue.
- 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
REVIEW - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 1
- Transparency & Controls: 82
- Sustainability: 23
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 1.2%; rating input score 1
- 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: -25.3%; rating input score 5; 5th percentile among comparable filings
- Total-asset coverage ratio: 0.52; rating input score 39; 39th percentile among comparable filings
- Liabilities to assets ratio: 0.36; rating input score 17; 17th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 65; 65th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -3.7% per year; rating input score 0; 14th percentile among comparable filings
- Asset growth: -9.3% per year; rating input score 0; 12th percentile among comparable filings
Details
- Where the money goes: 1.2% of revenue deployed
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 1 filed schedules
- Filing history: 9 filing years from 2010 to 2019
- Contacts: How to reach this organization
- 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 1/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Operating margin scored 5/100.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 39/100.
- High — Sustainability: Liabilities to assets ratio scored 17/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.