Holy Name Foundation

Nonprofit profile at a glance

EIN
201228533
IRS 990-EZ coverage
2010–2014
Forms available
Form 990-EZ 2014
Location
Brooklyn, NY, USA
Phone
7183690848
Rating
79
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Single Organization Support
Affiliation
Christianity

Reported finances

Revenue
$1,600
Expenses
$37,754
Assets
$12,018
Liabilities
$5,258

Source: IRS Form 990-EZ. Selected filing: tax year 2014. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • KATHLEEN COTTINGHAM (PRESIDENT)
  • MARTIN COTTINGHAM (VICE PRESIDENT)

People named in this filing

  • KATHLEEN COTTINGHAM (PRESIDENT)
  • CHRIS HANNAN (TREASURER)
  • ANTHONY CACCAMO (SECRETARY)

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 2014. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Raise funds to cont. catholic ed. in the Windsor Terr. sec. B'klyn, NY

What it reported doing in 2014

The holy name foundation raises money to provide for the future of the holy name of jesus roman catholic school. Money was donated to holy name school for scholarships and expenses in order to keep it open.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
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. Expenses are high relative to revenue and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 90
  • Transparency & Controls: 82
  • Sustainability: 15
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 72.6%; rating input score 73

Transparency & Controls

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

Sustainability

  • Operating margin: -2,259.6%; rating input score 1; 1st percentile among comparable filings
  • Total-asset coverage ratio: 0.32; rating input score 22; 22nd percentile among comparable filings
  • Liabilities to assets ratio: 0.44; rating input score 13; 13th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 57; 57th percentile among comparable filings

Growth

  • Program expense growth: -8.5% per year; rating input score 0; 35th percentile among comparable filings
  • Revenue growth: -73.7% per year; rating input score 0; 4th percentile among comparable filings
  • Asset growth: -21.6% per year; rating input score 0; 14th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 72.6% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $27K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 4 filing years from 2010 to 2014
  • 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 — Sustainability: Operating margin scored 1/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 22/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 13/100.
  • Review — Sustainability: Officer compensation ratio scored 57/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.