Patris Corde Hermitage
Nonprofit profile at a glance
- EIN
- 880639678
- IRS 990 coverage
- 2022–2024
- Forms available
- Form 990 2024
- Location
- Parshall, CO, USA
- Phone
- 3039317378
- Rating
- 65
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Roman Catholic
- Affiliation
- Christianity
Reported finances
- Revenue
- $647,262
- Expenses
- $122,377
- Assets
- $2,728,059
- Liabilities
- $371,753
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- JOHN RYAN (PRESIDENT)
People named in this filing
- JOHN RYAN (PRESIDENT)
- ASHLEIGH RYAN (OFFICER)
- FATHER BRADY WAGNER (DIRECTOR)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Patris corde hermitage (the organization) is organized for charitable, religious, and educational purposes. The name patris corde is latin for: with a father's heart. The organization will offer a space for people to visit to strengthen their devotion to god. The organization's mission includes the goal to create an oasis of silence and encounter with god in a world that is very loud. It deeply desires to strengthen the vocations of religious and laity and to support the evangelical efforts of the catholic church. This may be accomplished not only through a retreat center but also through contributions to organizations that support christian evangelizations, care for bodily needs, or less fortunate, and those that support care and education for mothers and unborn children.
What it reported doing in 2024
Retreat center (95%)the organization leases 250 acres of land located in parshall, Colorado, which borders the arapahoe national forest. This land is intended to be donated to the organization over time. Preliminary utilities and infrastructure exist, but the organization intends to raise funds to build single-occupant hermitages, or prayer cabins. The organization will also raise funds to clear walking trails on the land and to build a stone chapel for visitors. Once hermitages are finished, the organization will offer 1-30 night retreats in them for guests to be surrounded by the silence and beauty of the Colorado backcountry. Retreatants will be able to escape distractions and listen to god in their hermitage, walk several miles of nature trails, and pray in a stone chapel located in the middle of the woods. Bread, cheese, and fruit will be delivered daily to retreatants, who can also bring their own simple food items. A suggested nightly donation will be requested of retreatants. This donation, along with the recurring donations of many benefactors, will provide for the long-term financial stability of the retreat center. Visitors to the organization's retreat center will be encouraged to explore the land and its offerings. Religious services may be coordinated in the chapel to invite visitors to share their religious journey. Staff members, officers, directors, and volunteers will conduct this activity and oversee retreatants during their stay. This activity allows retreatants to explore their relationship with god in furtherance of the organization's charitable purposes.
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
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 some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 38
- Transparency & Controls: 92
- Accountability: 76
- Sustainability: 89
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 16.2%; rating input score 16
- Program expense ratio: 85.5%; rating input score 86
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd 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: 3 of 7 controls in place; rating input score 43
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 81.1%; rating input score 98; 98th percentile among comparable filings
- Total-asset coverage ratio: 22.29; rating input score 97; 97th percentile among comparable filings
- Liabilities to assets ratio: 0.14; rating input score 38; 38th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings
Growth
- Program expense growth: 60.1% per year; rating input score 100; 97th percentile among comparable filings
- Revenue growth: -27.2% per year; rating input score 0; 1st percentile among comparable filings
- Asset growth: 43.8% per year; rating input score 100; 95th percentile among comparable filings
Details
- Where the money goes: 16.2% of revenue deployed · 85.5% of spending went to programs
- Governance: 7 of 7 board members independent · 3 of 7 filing controls reported
- Programs: 2 filed program accomplishments · $105K in reported program spending
- Leadership: top reported pay $0 · 7 people listed
- Highest-paid contractors: 1 contractor listed · $276K reported
- Consistency: 22 of 22 current checks pass
- Schedules: 4 filed schedules · includes major donors
- Filing history: 3 filing years from 2022 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- 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 16/100.
- Moderate — Accountability: Governance controls: 3 of 6 not reported.
- High — Growth: Revenue growth scored 0/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 38/100.