Society of St Vincent De Paul Council of Northern Kentucky

Nonprofit profile at a glance

EIN
320350542
IRS 990 coverage
2019–2024
Forms available
Form 990 2024
Location
Erlanger, KY, USA
Phone
8593413212
Rating
81
Verdict
STRONG
Rating confidence
Moderate
Sector
Human Service Organizations

Official website

Reported finances

Revenue
$15,418,398
Expenses
$8,729,226
Assets
$13,221,284
Liabilities
$1,999,565

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

Leadership & pay

9 people listed

Executive titles in this filing

  • CATHERINE GUILFOYLE (PRESIDENT)
  • DAWN GRONECK (1ST VICE PRESIDENT)
  • DENNIS COYNE (2ND VICE PRESIDENT)
  • KEVIN STANTON (EASTERN DISTRICT PRESIDENT)
  • PATRICK CURRAN (CENTRAL DISTRICT PRESIDENT)
  • SHERYL WOOD (WESTREN DISTRICT PRESIDENT)

Highest reported compensation

  • KAREN ZENGEL (EXECUTIVE DIR. (NON-VOTING): $119,078 total reported compensation

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

Overview

Mission

A network of friends, growing in holiness and building a more just world through personal relationships with and service to people in need.

What it reported doing in 2024

Provides programming specific to underserved needs in the community such as food pantries, beds for children, the elderly, and the disabled, heat relief for those suffering from chronic health conditions, rent and utility assistance, free medical equipment temporary shelter for the homeless and various seasonal programs. Through our rent and utility assistance program, st. Vincent de paul nky saved over 12,700 individuals from eviction, our food pantry program made up of 29 pantries provided food for 43,000 individuals in northern Kentucky of which 20,400 were served in our choice pantries in erlanger and cold spring.

Operating model

Revenue model
Donor-supported. 75% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 92% 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.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 67
  • Transparency & Controls: 94
  • Accountability: 87
  • Sustainability: 76
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 52.5%; rating input score 52
  • Program expense ratio: 91.9%; rating input score 92
  • Fundraising efficiency: $31.04 raised per $1 spent on fundraising; rating input score 67; 67th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 99.9%; rating input score 100; 38th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 77.8%; rating input score 78; 14th percentile among comparable filings
  • Governance controls: 8 of 8 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • 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: 43.4%; rating input score 92; 92nd percentile among comparable filings
  • Total-asset coverage ratio: 1.51; rating input score 51; 51st percentile among comparable filings
  • Liabilities to assets ratio: 0.15; rating input score 65; 65th percentile among comparable filings
  • Officer compensation ratio: 1.4%; rating input score 82; 82nd percentile among comparable filings

Growth

  • Program expense growth: 22.4% per year; rating input score 100; 92nd percentile among comparable filings
  • Revenue growth: 30.3% per year; rating input score 100; 96th percentile among comparable filings
  • Asset growth: 39.2% per year; rating input score 100; 98th percentile among comparable filings

Details

  • Where the money goes: 52.5% of revenue deployed · 91.9% of spending went to programs
  • Governance: 7 of 9 board members independent · 8 of 8 filing controls reported
  • Programs: 3 filed program accomplishments · $8M in reported program spending
  • Leadership: top reported pay $119K · 9 people listed
  • Consistency: 39 of 39 current checks pass
  • Schedules: 7 filed schedules · includes major donors and grants
  • Filing history: 6 filing years from 2019 to 2024
  • Contacts: How to reach this organization
  • Money network: 19 filed money-flow records
  • Related organizations: 18 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.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Financial Efficiency: Mission deployment rate scored 52/100.
  • Review — Sustainability: Total-asset coverage ratio scored 51/100.