Society of St Vincent De Paul Archdiocese of Galveston-Houston

Nonprofit profile at a glance

EIN
741464210
IRS 990 coverage
2015–2024
Forms available
Form 990 2024
Location
Houston, TX, USA
Phone
7137418234
Rating
90
Verdict
STRONG
Rating confidence
Moderate
Affiliation
Christianity

Official website

Reported finances

Revenue
$16,076,850
Expenses
$14,595,968
Assets
$10,794,774
Liabilities
$298,322

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

20 people listed

Executive titles in this filing

  • Gerardo Rivera (President)
  • Michael Zarich (Vice President)
  • Ann Schorno (Executive Director (thru 04/25))
  • Val Senegal (Chief Program Officer, Executive Director)

Highest reported compensation

  • Ann Schorno (Executive Director (thru 04/25)): $222,050 total reported compensation
  • Kirk Vogeley (Director of Finance): $137,365 total reported compensation
  • Val Senegal (Chief Program Officer, Executive Director): $133,149 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

See Schedule OThe Society of St. Vincent de Paul (the Society) provides services to support the mission of enhancing the quality of life for all people and helping them work toward living self-sufficient, dignified lives. Assistance may include food, clothing, furniture, rent, utility, transportation, medical, emotional and spiritual support. The ultimate goal is to meet emergency or basic needs, keeping families together by preventing homelessness and promoting self-sufficiency through our programs.

What it reported doing in 2024

Resiliency: The Resiliency program includes Bridges Out of Poverty and the nationally known "Getting Ahead in a Just-Gettin-By World" (Getting Ahead). Phase I of the programs consist of a 16-week incentivized program that helps improve people's lives by assessing their own lives and circumstances and developing tools and skills as part of their move from crisis to self-sufficiency. Getting Ahead participants create their own plan to build more sustainable lives, healthy relationships with community members, short- and long-term goals, and step-by-step plans to achieve those goals. Once participants complete Phase I, they accelerate into Phase II, the Graduate program and are partnered with mentors to elevate their comprehension of financial budgeting and negotiation skills. Learning how to cope with daily life challenges and building the hope needed for a better future enables them to advance to the final phase, the Alumni program. Discovering how the right relationships can be a powerful aid to help people along the journey out of poverty, participants become ambassadors for the Society by becoming actively involved in sharing and promoting the success of the program as well as becoming mentors and program facilitators.

Operating model

Revenue model
Donor-supported. 86% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 90% of its reported program spending out as grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 89
  • Transparency & Controls: 87
  • Accountability: 100
  • Sustainability: 56
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 89.6%; rating input score 90
  • Program expense ratio: 93.8%; rating input score 94
  • Fundraising efficiency: $34.98 raised per $1 spent on fundraising; rating input score 70; 70th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 4 of 6 controls in place; rating input score 67
    • Compensation committee: Pass
    • Independent consultant: Pass
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 9.2%; rating input score 65; 65th percentile among comparable filings
  • Total-asset coverage ratio: 0.74; rating input score 26; 26th percentile among comparable filings
  • Liabilities to assets ratio: 0.03; rating input score 88; 88th percentile among comparable filings
  • Officer compensation ratio: 3.4%; rating input score 65; 65th percentile among comparable filings

Growth

  • Program expense growth: 1.7% per year; rating input score 100; 18th percentile among comparable filings
  • Revenue growth: 2.7% per year; rating input score 100; 23rd percentile among comparable filings
  • Asset growth: 6.1% per year; rating input score 100; 43rd percentile among comparable filings

Details

  • Where the money goes: 89.6% of revenue deployed · 93.8% of spending went to programs
  • Governance: 15 of 15 board members independent · 9 of 9 filing controls reported
  • Programs: 4 filed program accomplishments · $13.7M in reported program spending
  • Leadership: top reported pay $222K · 20 people listed · 4 of 6 pay-setting controls reported
  • Consistency: 36 of 36 current checks pass
  • Schedules: 8 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 10 filing years from 2015 to 2024
  • Contacts: How to reach this organization
  • Money network: 3 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 — Sustainability: Total-asset coverage ratio scored 26/100.