Newman Theological College St Joseph
Nonprofit profile at a glance
- EIN
- 981644897
- IRS 990 coverage
- 2020–2024
- Forms available
- Form 990 2024
- Location
- Edmonton, AB, CA
- Phone
- 7803922450
- Rating
- 65
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Graduate, Professional Schools (Separate Entities)
- Affiliation
- Christianity
Reported finances
- Revenue
- $3,368,541
- Expenses
- $3,368,541
- Assets
- $1,770,213
- Liabilities
- $4,567,880
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- Jo-Ann Badley (NTC Interim President)
- Darren Dahl (NTC President)
Highest reported compensation
- Pablo Irizar (Academic dean): $86,255 total reported compensation
- Jo-Ann Badley (NTC Interim President): $71,710 total reported compensation
- Sylvain Casavant (SJS Rector): $32,915 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Newman theological college is a roman catholic school of theology committed to theological education and missionary discipleship. The college prepares laity, religious, and ordained ministers for christian service and leadership in western canada and beyond.
What it reported doing in 2024
SJS Dietary Service: Based on Canada's Food Guide to Healthy Eating (CFGHE), we provide dietary services to our students and faculties. The food provided will be primarily nutrient dense foods. Only foods with maximum and moderate nutritional value will be allowed and we encourage our students and faculties to eat healthy outside of school to maintain a balance food. Generally nutritional value foods are good or excellent sources of important nutrients (e.g., vitamins, minerals, protein, and fiber). Maximum nutritional value foods are generally low in added fat, sugar and/or salt. On a contrary moderate nutritional value foods sometimes are high in fat, sugar, salt and/or excessive calories generally as a result of processing.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- 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 most voting board members are independent. The filing reports few safeguards for money sent abroad and the filing does not identify recipients for some grant dollars.
Rating breakdown
- Financial Efficiency: 63
- Transparency & Controls: 55
- Accountability: 91
- Sustainability: 26
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 71.1%; rating input score 71
- Program expense ratio: 70.7%; rating input score 71
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Scored; rating input score 0
- Grant itemization coverage: Scored; rating input score 0
- 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: 7 of 9 controls in place; rating input score 78
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 0%; rating input score 33; 33rd percentile among comparable filings
- Total-asset coverage ratio: 0.53; rating input score 18; 18th percentile among comparable filings
- Liabilities to assets ratio: 2.58; rating input score 1; 1st percentile among comparable filings
- Officer compensation ratio: 6.9%; rating input score 42; 42nd percentile among comparable filings
Growth
- Program expense growth: 7.3% per year; rating input score 100; 52nd percentile among comparable filings
- Revenue growth: 8% per year; rating input score 100; 60th percentile among comparable filings
- Asset growth: -0.1% per year; rating input score 0; 12th percentile among comparable filings
Details
- Where the money goes: 71.1% of revenue deployed · 70.7% of spending went to programs
- Governance: 15 of 15 board members independent · 7 of 9 filing controls reported
- Programs: 3 filed program accomplishments · $2.4M in reported program spending
- Leadership: top reported pay $86K · 5 people listed
- Consistency: 22 of 22 current checks pass
- Schedules: 7 filed schedules · includes major donors and foreign activity
- Filing history: 4 filing years from 2020 to 2024
- Contacts: How to reach this organization
- Money network: 5 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 — Transparency & Controls: Foreign activity oversight scored 0/100.
- High — Transparency & Controls: Grant itemization coverage scored 0/100.
- Review — Accountability: Governance controls: 2 of 9 not reported.
- Moderate — Sustainability: Operating margin scored 33/100.
- High — Sustainability: Total-asset coverage ratio scored 18/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 1/100.
- Moderate — Sustainability: Officer compensation ratio scored 42/100.