Ignatian Resource Center
Nonprofit profile at a glance
- EIN
- 311531838
- IRS 990 coverage
- 2023–2024
- Forms available
- Form 990 2024, Form 990-EZ 2022
- Location
- Seattle, WA, USA
- Phone
- 2063294824
- Rating
- 66
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Roman Catholic
- Affiliation
- Christianity
Reported finances
- Revenue
- $242,357
- Expenses
- $336,890
- Assets
- $987,180
- Liabilities
- $28,598
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
14 people listed
Executive titles in this filing
- Corinne Bergmann (Executive Director)
Highest reported compensation
- Corinne Bergmann (Executive Director): $100,800 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The Ignatian Spirituality Center nurtures compassion, healing and justice by engaging spiritual seekers in deepening their connection to God, self and others. The ISC brings together lay people, vowed religious, and Jesuits trained in Ignatian and other spiritualities to provide programs designed to deepen spiritual growth. We collaborate with Jesuit ministries to provide spiritual direction, programs, retreats, and resources that assist persons of all faiths to serve Christ's mission of compassion, healing, and justice.
What it reported doing in 2024
Ignatian Spirituality programs:10 programs serving 341 people: Programs consisted of retreats, led reflective exercises, online resources, online retreats, and formation exercises in Ignatian Spirituality. The objectives are to lead participants through reflection, prayer and formation so that they can learn more about Ignatian Spirituality and how to practice it.
Operating model
- Revenue model
- Donor-supported. 76% 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 - The filed numbers largely add up and most voting board members are independent. A relatively small share of total spending goes to programs and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 51
- Transparency & Controls: 86
- Accountability: 69
- Sustainability: 29
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 61.2%; rating input score 61
- Program expense ratio: 42.1%; rating input score 42
- Fundraising efficiency: $6.21 raised per $1 spent on fundraising; rating input score 27; 27th percentile among comparable filings
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: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd 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: Pass
- CEO compensation review process: Fail
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -39%; rating input score 7; 7th percentile among comparable filings
- Total-asset coverage ratio: 2.93; rating input score 68; 68th percentile among comparable filings
- Liabilities to assets ratio: 0.03; rating input score 37; 37th percentile among comparable filings
- Officer compensation ratio: 29.9%; rating input score 11; 11th percentile among comparable filings
Growth
- Program expense growth: 31% per year; rating input score 100; 91st percentile among comparable filings
- Revenue growth: 25.5% per year; rating input score 100; 91st percentile among comparable filings
- Asset growth: 33% per year; rating input score 100; 93rd percentile among comparable filings
Details
- Where the money goes: 61.2% of revenue deployed · 42.1% of spending went to programs
- Governance: 13 of 13 board members independent · 2 of 8 filing controls reported
- Programs: 6 filed program accomplishments · $142K in reported program spending
- Leadership: top reported pay $101K · 14 people listed
- Consistency: 41 of 42 current checks pass · 1 finding to review
- Schedules: 5 filed schedules · includes major donors
- Filing history: 2 filing years from 2023 to 2024
- Contacts: How to reach this organization
- Money network: 8 filed money-flow records
- 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 — Financial Efficiency: Program expense ratio scored 42/100.
- High — Accountability: Governance controls: 5 of 7 not reported.
- High — Financial Efficiency: Fundraising efficiency scored 27/100.
- High — Sustainability: Operating margin scored 7/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- High — Sustainability: Officer compensation ratio scored 11/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 37/100.