Northeast Catholic Alumni Association Inc
Nonprofit profile at a glance
- EIN
- 237046910
- IRS 990 coverage
- 2019–2024
- Forms available
- Form 990 2024
- Location
- Philadelphia, PA, USA
- Phone
- 2155431051
- Rating
- 65
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Affiliation
- Christianity
Reported finances
- Revenue
- $108,857
- Expenses
- $100,096
- Assets
- $541,231
- Liabilities
- $73,702
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
45 people listed
Executive titles in this filing
- JAMES F KELLY JR (PRESIDENT, CLASS REPRESENT)
- MICHAEL A FERRIS (1ST VICE PRESIDENT, CLASS)
- JOHN F DEVINE (2ND VICE PRESIDENT, CLASS)
- JOSEPH F PILAWSKY (3RD VICE PRESIDENT, CLASS)
Highest reported compensation
- JAMES F KELLY JR (PRESIDENT, CLASS REPRESENT): $12,000 total reported compensation
- JOHN E GARSON JR (1ST ASSISTANT TREASURER, C): $5,660 total reported compensation
- MICHAEL J O'BRIEN (BOOKKEEPER): $2,790 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 purpose of the organization is to create greater fraternalization among graduates of northeast catholic high school, philadelphia, to promote and support catholic education, to provide tuition assistance to children, grandchildren and great grandchildren of active members of the association through the northeast catholic alumni memorial scholarship fund and to provide assistance to the oblates of st. Francis desales.
What it reported doing in 2024
The association provided grants to the northeasrt catholic memorial scholarship, inc. In the amount of $35,958. This amount was a combination of the association's income from interest and dividends of $11,547 the net earnings from the golf classic of $24,411.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Grant intermediary. The nonprofit sent 79% of its reported program spending out as grants.
The verdict
SUPPORTED - The filed numbers largely add up and most voting board members are independent. 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: 43
- Transparency & Controls: 92
- Accountability: 68
- Sustainability: 55
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 50%; rating input score 50
- Program expense ratio: 46.2%; rating input score 46
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 98.3%; rating input score 98; 58th percentile among comparable filings
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 2 of 9 controls in place; rating input score 22
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 8%; rating input score 56; 56th percentile among comparable filings
- Total-asset coverage ratio: 5.41; rating input score 81; 81st percentile among comparable filings
- Liabilities to assets ratio: 0.14; rating input score 23; 23rd percentile among comparable filings
- Officer compensation ratio: 20.4%; rating input score 19; 19th percentile among comparable filings
Growth
- Program expense growth: 33.1% per year; rating input score 100; 92nd percentile among comparable filings
- Revenue growth: 6.2% per year; rating input score 100; 58th percentile among comparable filings
- Asset growth: -0.9% per year; rating input score 0; 21st percentile among comparable filings
Details
- Where the money goes: 50% of revenue deployed · 46.2% of spending went to programs
- Governance: 44 of 44 board members independent · 2 of 9 filing controls reported
- Programs: 3 filed program accomplishments · $46K in reported program spending
- Leadership: top reported pay $12K · 45 people listed
- Consistency: 26 of 26 current checks pass
- Schedules: 5 filed schedules · includes grants
- Filing history: 6 filing years from 2019 to 2024
- Contacts: How to reach this organization
- Money network: 4 filed money-flow records
- Related organizations: 2 filed related-organization links
- 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.
- Review — Financial Efficiency: Mission deployment rate scored 50/100.
- Moderate — Financial Efficiency: Program expense ratio scored 46/100.
- High — Accountability: Governance controls: 7 of 9 not reported.
- Review — Sustainability: Operating margin scored 56/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 19/100.
- High — Sustainability: Liabilities to assets ratio scored 23/100.