Joseph M Sorg Foundation Inc

Nonprofit profile at a glance

EIN
992010419
IRS 990-EZ coverage
2024–2025
Forms available
Form 990-EZ 2025
Location
Buffalo, NY, USA
Phone
7162491387
Rating
82
Verdict
STRONG
Rating confidence
Moderate
Sector
Historical Societies, Related Historical Activities
Affiliation
Christianity

Official website

Reported finances

Revenue
$107,316
Expenses
$49,810
Assets
$151,292
Liabilities
$14,950

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • Michael Reister (President)

People named in this filing

  • Michael Reister (President)
  • William Fraught (Board member)
  • Christina Mondolfo (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 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The organization preserves and restores St. Louis Church, including major projects such as stained-glass and roof restoration. It promotes public appreciation of the church's architectural, cultural, historic, and religious significance and supports community programs that enhance local quality of life through use of the church complex.

What it reported doing in 2025

The organization is dedicated to the preservation and restoration of St. Louis Church, a historic and cultural landmark. Activities include maintaining and restoring key architectural features such as stained-glass windows and the roof, as well as promoting public appreciation of the church's architectural, historic, and religious significance. The organization also supports community programs and events that enhance local quality of life through use of the church complex.

Operating model

Revenue model
Donor-supported. 100% 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

STRONG - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and liabilities are high compared with assets.

Rating breakdown

  • Financial Efficiency: 66
  • Transparency & Controls: 100
  • Sustainability: 80
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 46.4%; rating input score 46
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 53.6%; rating input score 93; 93rd percentile among comparable filings
  • Total-asset coverage ratio: 3.04; rating input score 89; 89th percentile among comparable filings
  • Liabilities to assets ratio: 0.1; rating input score 21; 21st percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 166.8% per year; rating input score 100; 99th percentile among comparable filings
  • Revenue growth: 25.2% per year; rating input score 100; 87th percentile among comparable filings
  • Asset growth: 63% per year; rating input score 100; 95th percentile among comparable filings

Details

  • Where the money goes: 46.4% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $50K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 2 filing years from 2024 to 2025
  • 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.

  • Moderate — Financial Efficiency: Mission deployment rate scored 46/100.
  • High — Sustainability: Liabilities to assets ratio scored 21/100.