The Cardinal Mcintyre Fund for Charity

What it reported doing in 2024

The cardinal mcintyre fund for charity (the fund) was formed to assist the "neediest of the needy" by raising and maintaining funds to reimburse parishes of the archdiocese of los angeles for emergency financial assistence they give to individuals and families. The parishes provide direct assistance or pay providers (utilities, landlords, medical providers, etc.) on behalf of individuals and families needing emergency assistance. Parishes apply to the fund for reimbursement to a maximum of $5,000 per annum for each parish.the cardinal mcintyre fund for charity receives its funding through the following sources:- the annual archdiocesan approved collection in our parishes usually held on the first sunday of may;- annual holiday appeal letter coinciding with the first sunday of advent (late november) sent by u.s. Mail to current names on the funds donor database; and- unsolicited donation from benefactors received throughout the year.after the eaton fire in altadena and the pacific palisades fire in january 2025, individuals, parishes, schools and other entities from throughout the united states reached out to the archdiocese and sent contributions to assist fire victims. The fund was designated to facilitate the immediate distribution of these funds because it had in place an appropriate parish-based structure to provide direct assistance to individuals and families needing emergency assistance. Later in 2025, when families in the archdiocese were being impacted by changes in immigration policies and enforcement, individuals and parishes in the archdiocese and from throughout the united states, again came forward on an unsolicited basis to offer assistance, and once again, the fund was the vehicle to allow for the immediate distribution of funds to individuals and families through parishes of the archdiocese. Both events were unusual and led to an unexpected increase in revenue during fiscal year 2025. Any unexpended amounts received for either of these circumstances will be used in accordance with donor expectations.

Financial Efficiency

• Mission deployment rate: 74.3%; rating input score 74
• Program expense ratio: 99.7%; rating input score 100
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 90.9%; rating input score 91; 5th percentile among comparable filings
• Pay-setting controls: Limited
• Foreign activity oversight: Limited
• Grant itemization coverage: 92.8%; rating input score 93; 28th percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 75%; rating input score 75; 13th percentile among comparable filings
• Governance controls: 3 of 9 controls in place; rating input score 33
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Fail
  • Document-retention policy: Fail
  • CEO compensation review process: Fail
  • Other executive compensation review process: Fail
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Missing
  • Independent financial-statement audit: Fail

Sustainability

• Operating margin: 27.6%; rating input score 83; 83rd percentile among comparable filings
• Total-asset coverage ratio: 0.94; rating input score 35; 35th percentile among comparable filings
• Liabilities to assets ratio: 0; rating input score 97; 97th percentile among comparable filings
• Officer compensation ratio: 0.9%; rating input score 80; 80th percentile among comparable filings

Growth

• Program expense growth: 18.9% per year; rating input score 100; 84th percentile among comparable filings
• Revenue growth: 17.8% per year; rating input score 100; 86th percentile among comparable filings
• Asset growth: -1.4% per year; rating input score 0; 9th percentile among comparable filings