The Catholic Community Fund of the Archdiocese of Boston Inc

Nonprofit profile at a glance

EIN
043071454
IRS 990 coverage
2018–2022
Forms available
Form 990 2022
Location
Braintree, MA, USA
Phone
6177465728
Rating
85
Verdict
STRONG
Rating confidence
Standard
Sector
Single Organization Support
Affiliation
Christianity

Official website

Reported finances

Revenue
$12,932,475
Expenses
$12,062,554
Assets
$98,205,738
Liabilities
$10,291,465

Source: IRS Form 990. Selected filing: tax year 2022. Amounts in USD.

Leadership & pay

14 people listed

Executive titles in this filing

  • GAVAN MOONEY (PRESIDENT)
  • LYNNE E SULLIVAN (EXECUTIVE DIRECTOR)

People named in this filing

  • GAVAN MOONEY (PRESIDENT)
  • JOHN E STRAUB (TREASURER)
  • FRANCIS O'CONNOR ESQ (SECRETARY)

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 2022. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To develop institutional support, both by way of raising funds for endowment and other sources of financial support, in order to advance the ministries and programs of the archdiocese of boston (the "archdiocese"), and to receive gifts and bequests, whether restricted or unrestricted, endowment or non-endowment, and to manage and expend all such funds consistent with their purposes and the charitable intent of the donors. In doing so, ccf is helping to fulfill and support the mission of the archdiocese.

What it reported doing in 2022

The purpose of the program is to develop institutional support, both by way of raising funds for endowment and other sources of financial support, in order to advance the ministries and programs of the archdiocese and to receive gifts and bequests, whether restricted or unrestricted, endowment or non-endowment, and to manage and expend all such funds consistent with their purposes and the charitable intent of the donor.

Operating model

Revenue model
Donor-supported. 81% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 100% 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. Program spending has declined or grown slowly and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 89
  • Transparency & Controls: 89
  • Accountability: 94
  • Sustainability: 76
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 90.4%; rating input score 90
  • Program expense ratio: 94.4%; rating input score 94
  • Fundraising efficiency: $32.89 raised per $1 spent on fundraising; rating input score 66; 66th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 86.7%; rating input score 87; 1st percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 86.9%; rating input score 87; 19th 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: 6 of 7 controls in place; rating input score 86
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 6.7%; rating input score 61; 61st percentile among comparable filings
  • Total-asset coverage ratio: 8.14; rating input score 91; 91st percentile among comparable filings
  • Liabilities to assets ratio: 0.1; rating input score 75; 75th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 96; 96th percentile among comparable filings

Growth

  • Program expense growth: -10.5% per year; rating input score 0; 2nd percentile among comparable filings
  • Revenue growth: -26.6% per year; rating input score 0; 0th percentile among comparable filings
  • Asset growth: -2.3% per year; rating input score 0; 6th percentile among comparable filings

Details

  • Where the money goes: 90.4% of revenue deployed · 94.4% of spending went to programs
  • Governance: 14 of 14 board members independent · 6 of 7 filing controls reported
  • Programs: 2 filed program accomplishments · $11.4M in reported program spending
  • Leadership: top reported pay $0 · 14 people listed
  • Consistency: 17 of 19 current checks pass · 2 findings to review
  • Schedules: 6 filed schedules · includes major donors and grants
  • Filing history: 5 filing years from 2018 to 2022
  • Contacts: How to reach this organization
  • Money network: 84 filed money-flow records
  • Related organizations: 86 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 — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Accountability: Governance controls: Form 990 shared with the board not reported.
  • High — Growth: Asset growth scored 0/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • Review — Transparency & Controls: Schedule R controlled transactions itemized did not reconcile in the filed values.