My Catholic Faith Ministries
Nonprofit profile at a glance
- EIN
- 912038187
- IRS 990-EZ coverage
- 2017–2017
- Forms available
- Form 990 2016, Form 990-EZ 2017
- Location
- Normandy Park, WA, USA
- Phone
- 2537977801
- Rating
- 38
- Verdict
- REVIEW
- Rating confidence
- Moderate
- Sector
- Christianity
- Affiliation
- Christianity
Reported finances
- Revenue
- $18,254
- Expenses
- $9,654
- Assets
- $0
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2017. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- Dr Thomas Curran (Director/President)
- Kari Curran (Vice President)
People named in this filing
- Martha McKenna (Board Member)
- Thomas Koch (Board Member)
- Dr Thomas Curran (Director/President)
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 2017. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The primary purpose of My Catholic Faith Ministries is to engage in activities that foster the Catholic faith formation of people in all walks of life and in communities locally, nationally and internationally.
What it reported doing in 2017
Radio and Internet: Radio - Sound Insight Radio program on Sacred Heart Radio (1050AM Seattle, 970AM Spokane, 88.1FM Yakima,1240AM Olympia, 88.3FM Kodiak, AK and 1360AM Amarillo, TX) continues to be an extremely popular show on all stations. Sound Insight is on the air for 2 hours every weekday at 8 am and 9 pm in Seattle, Spokane, Yakima and Olympia and Kodiak, AK and at 12 pm in TX on Monday through Thursday. During the program, Dr. Curran offers listeners insight into their faith by drawing on his theological knowledge, personal insight, experience, scripture, Church teachings and writings of the Saint. He also weaves in humor, engaging stories and guest interviews to add variety and interest for listeners from every walk of life. Based on our data from semi-annual pledge drives, the number of listeners is growing and they highly value the program.
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
REVIEW - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 6
- Transparency & Controls: 82
- Sustainability: 50
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 4.9%; rating input score 5
- Program expense ratio: 9.2%; rating input score 9
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 47.1%; rating input score 91; 91st percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -14.6% per year; rating input score 0; 21st percentile among comparable filings
- Asset growth: -21.6% per year; rating input score 0; 11th percentile among comparable filings
Details
- Where the money goes: 4.9% of revenue deployed · 9.2% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $886 in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 2 filed schedules
- Contacts: How to reach this organization
- Money network: 2 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.
- High — Financial Efficiency: Mission deployment rate scored 5/100.
- High — Financial Efficiency: Program expense ratio scored 9/100.
- High — Growth: Revenue growth scored 0/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 2/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.