St Vincent's Institution

Nonprofit profile at a glance

EIN
951643367
IRS 990 coverage
2014–2024
Forms available
Form 990 2024
Location
Santa Barbara, CA, USA
Phone
8056836381
Rating
84
Verdict
STRONG
Rating confidence
Standard
Affiliation
Christianity

Official website

Reported finances

Revenue
$9,658,843
Expenses
$11,975,504
Assets
$29,184,045
Liabilities
$31,168,257

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

Leadership & pay

16 people listed

Executive titles in this filing

  • ROSA PAREDES (CEO-PRESIDENT)
  • MARYAM DAVODI-FAR (VICE PRESIDENT OF EARLY CHILDHOOD EDUCATION AND ST)

Highest reported compensation

  • ROSA PAREDES (CEO-PRESIDENT): $288,067 total reported compensation
  • NAOMI FUJIOKA (CFO-VP OF FINANCE): $191,896 total reported compensation
  • MARYAM DAVODI-FAR (VICE PRESIDENT OF EARLY CHILDHOOD EDUCATION AND ST): $160,223 total reported compensation

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

Overview

Mission

St. Vincent's is dedicated to strengthening low-income families and seniors through programs rooted in the social teachings of the catholic church. Faithful to the charism of the daughters of charity of st. Vincent de paul, we serve our sisters and brothers by providing affordable housing, early childhood education, and family enrichmentopportunities.

What it reported doing in 2024

The fr. Virgil cordano center, the center, is a collaborative ministry of the franciscan friars at the old mission of santa barbara and the daughters of charity at st. Vincent's. The center that is rooted in the gospel and the social teachings of the catholic church. Faithful to the traditions of st. Francis of assisi and st. Vincent de paul, the center provides a place of welcome and support for human and spiritual well-being for all of our sisters and brothers in need. Our programs are designed to support individuals experiencing or at risk of homelessness by fostering a sense of community through daily engagement and comprehensive case management. We operate as a low-barrier service center, providing members with consistent contact through six hours of programming each day. Our holistic approach centers on building personal relationships, allowing members to engage with case managers organically. This model ensures members are supported in creating and achieving their own goals. Our case management services focus on member-led objectives, such as obtaining vital documents, securing housing, or accessing medical care. We assist members with government benefits applications, employment counseling, and housing navigation, aligning with santa barbara county's coordinated entry system. Additionally, we work closely with medical and behavioral health providers, ensuring members have the resources necessary for physical and mental wellness. Tracking metrics and outcomes ensures we maintain a high standard of service. We regularly review member progress through individualized service plans and provide referrals for essential services, including emergency shelters, rapid rehousing, and career support. Through our collaborative case management model, the center empowers individuals by guiding them through personalized action plans, helping them transition out of homelessness and toward greater stability. St. Vincent's institution is the sole member of de marillac, llc. De marillac, llc is considered a disregarded entity for tax purposes. At the end of june 2025, the center provided case management and referral services and distributed over 37,000 meals during the year.

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.
  • 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. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 81
  • Transparency & Controls: 88
  • Accountability: 94
  • Sustainability: 27
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 96.2%; rating input score 96
  • Program expense ratio: 77.5%; rating input score 77
  • Fundraising efficiency: $5.29 raised per $1 spent on fundraising; rating input score 19; 19th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 3 of 6 controls in place; rating input score 50
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Pass
    • 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: Yes; rating input score 100

Accountability

  • Independent voting board: 88.9%; rating input score 89; 20th 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: -24%; rating input score 6; 6th percentile among comparable filings
  • Total-asset coverage ratio: 2.44; rating input score 68; 68th percentile among comparable filings
  • Liabilities to assets ratio: 1.07; rating input score 4; 4th percentile among comparable filings
  • Officer compensation ratio: 10.7%; rating input score 28; 28th percentile among comparable filings

Growth

  • Program expense growth: 14.7% per year; rating input score 100; 77th percentile among comparable filings
  • Revenue growth: 10% per year; rating input score 100; 68th percentile among comparable filings
  • Asset growth: 11.4% per year; rating input score 100; 64th percentile among comparable filings

Details

  • Where the money goes: 96.2% of revenue deployed · 77.5% of spending went to programs
  • Governance: 8 of 9 board members independent · 9 of 9 filing controls reported
  • Programs: 6 filed program accomplishments · $9.3M in reported program spending
  • Leadership: top reported pay $288K · 16 people listed · 3 of 6 pay-setting controls reported
  • Highest-paid contractors: 3 contractors listed · $378K reported
  • Consistency: 39 of 39 current checks pass
  • Schedules: 9 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 10 filing years from 2014 to 2024
  • Contacts: How to reach this organization
  • Money network: 8 filed money-flow records
  • Related organizations: 9 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.

  • High — Financial Efficiency: Fundraising efficiency scored 19/100.
  • High — Sustainability: Operating margin scored 6/100.
  • High — Sustainability: Liabilities to assets ratio scored 4/100.
  • High — Sustainability: Officer compensation ratio scored 28/100.