The Diocese of Crookston Catholic Community Foundation

Nonprofit profile at a glance

EIN
411766138
IRS 990 coverage
2010–2017
Forms available
Form 990 2017
Location
Crookston, MN, USA
Phone
2182814533
Rating
64
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Single Organization Support
Affiliation
Christianity

Official website

Reported finances

Revenue
$264,676
Expenses
$296,147
Assets
$17,624,513
Liabilities
$7,709,167

Source: IRS Form 990. Selected filing: tax year 2017. Amounts in USD.

Leadership & pay

11 people listed

Executive titles in this filing

  • Bishop Michael Hoeppner (President)
  • Msgr Michael Foltz (Vice President)
  • Joseph Noel (Executive Director)

Highest reported compensation

  • Chad Ryan (Finance Officer): $75,453 total reported compensation
  • Bonnie Sullivan (Secretary): $55,557 total reported compensation
  • Bishop Michael Hoeppner (President): $41,139 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2017. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Promote Catholic Religious Activities

What it reported doing in 2017

The Foundation was created to receive & manage donations of real & personal property. It is operated for religious, charitable & educational purposes to advance the ministries of the Catholic community within the Diocese of Crookston.

Operating model

Revenue model
Investment-supported. 84% of the money available for current operations came from recurring investment income.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and the required major-donor schedule is missing or incomplete.

Rating breakdown

  • Financial Efficiency: 67
  • Transparency & Controls: 69
  • Accountability: 57
  • Sustainability: 42
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 82.6%; rating input score 83
  • Program expense ratio: 63.1%; rating input score 63
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 93.3%; rating input score 93; 24th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 65.3%; rating input score 65; 41st percentile among comparable filings
  • Major donor itemization: No; rating input score 0
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 66.7%; rating input score 67; 16th percentile among comparable filings
  • Governance controls: 4 of 9 controls in place; rating input score 44
    • 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: Fail
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -11.9%; rating input score 19; 19th percentile among comparable filings
  • Total-asset coverage ratio: 59.51; rating input score 99; 99th percentile among comparable filings
  • Liabilities to assets ratio: 0.44; rating input score 15; 15th percentile among comparable filings
  • Officer compensation ratio: 19.7%; rating input score 20; 20th percentile among comparable filings

Growth

  • Program expense growth: 70.1% per year; rating input score 100; 97th percentile among comparable filings
  • Revenue growth: -6.9% per year; rating input score 0; 14th percentile among comparable filings
  • Asset growth: 3.6% per year; rating input score 100; 50th percentile among comparable filings

Details

  • Where the money goes: 82.6% of revenue deployed · 63.1% of spending went to programs
  • Governance: 6 of 9 board members independent · 4 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $187K in reported program spending
  • Leadership: top reported pay $75K · 11 people listed
  • Consistency: 19 of 20 current checks pass · 1 finding to review
  • Schedules: 5 filed schedules · includes major donors and grants
  • Filing history: 8 filing years from 2010 to 2017
  • Contacts: How to reach this organization
  • Money network: 11 filed money-flow records
  • Related organizations: 13 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.

  • Moderate — Accountability: Governance controls: 5 of 9 not reported.
  • High — Transparency & Controls: Major donor itemization scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 19/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • High — Sustainability: Liabilities to assets ratio scored 15/100.
  • High — Sustainability: Officer compensation ratio scored 20/100.