Holy Trinity Hermitige INC

Nonprofit profile at a glance

EIN
863467308
IRS 990 coverage
2022–2024
Forms available
Form 990 2024, Form 990-EZ 2021
Location
Forest Lake, MN, USA
Phone
6512691772
Rating
61
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Alliance/Advocacy
Affiliation
Christianity

Reported finances

Revenue
$215,131
Expenses
$118,049
Assets
$1,260,305
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • Fr Brian Fischer (CEO)

Highest reported compensation

  • Fr Brian Fischer (CEO): $40,370 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Offer a retreat space of silence and solitude for Roman Catholic Priests and other Christian leaders to promote and develop their relationship with God.

What it reported doing in 2024

Offer a retreat space of silence and solitude for Roman Catholic Priests and other Christian leaders to promote and develop their relationship with God.Planned activities are silent retreats. They will be conducted by a spiritual director at the Holy Trinity Hermitage with whom the retreatant will meet once a day. The retreat director assigns scriptures for various hours of the day and offers spiritual insight to the retreatant when they meet. The length of a silent retreat can be 5 days, 8 days and sometimes 30 days. The retreatant will stay alone in a small cabin. This activity is funded by donations and 100 of the total time is allocated to the activity. Through this activity, retreatants are able to pray in silence, which gives them the

Operating model

Revenue model
Donor-supported. 72% of the money available for current operations came from contributions and gifts.
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

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of voting board members are independent and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 69
  • Transparency & Controls: 83
  • Accountability: 10
  • Sustainability: 79
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 65.6%; rating input score 66
  • Program expense ratio: 95.5%; rating input score 96
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 91.7%; rating input score 92; 19th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 0%; rating input score 0; 7th percentile among comparable filings
  • Governance controls: 2 of 8 controls in place; rating input score 25
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Fail
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 45.1%; rating input score 90; 90th percentile among comparable filings
  • Total-asset coverage ratio: 10.68; rating input score 90; 90th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
  • Officer compensation ratio: 34.2%; rating input score 9; 9th percentile among comparable filings

Growth

  • Program expense growth: 36.1% per year; rating input score 100; 93rd percentile among comparable filings
  • Revenue growth: -15.8% per year; rating input score 0; 4th percentile among comparable filings
  • Asset growth: 38% per year; rating input score 100; 94th percentile among comparable filings

Details

  • Where the money goes: 65.6% of revenue deployed · 95.5% of spending went to programs
  • Governance: 0 of 1 board members independent · 2 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $113K in reported program spending
  • Leadership: top reported pay $40K · 5 people listed
  • Consistency: 21 of 21 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 3 filing years from 2022 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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.

  • High — Accountability: Independent voting board scored 0/100.
  • High — Accountability: Governance controls: 5 of 7 not reported.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 9/100.