The St Thomas More Society of Los Angeles

Nonprofit profile at a glance

EIN
954566105
IRS 990 coverage
2013–2024
Forms available
Form 990 2024
Location
Los Angeles, CA, USA
Phone
2135456673
Rating
77
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Christianity
Affiliation
Christianity

Reported finances

Revenue
$50,455
Expenses
$43,616
Assets
$30,616
Liabilities
$0

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

Leadership & pay

14 people listed

Executive titles in this filing

  • CARMELA BOMBAY (CEO)

People named in this filing

  • HON STEPHEN J MOLONEY RET (DIRECTOR)
  • JOSEPH M BARRETT (DIRECTOR)
  • VITO A COSTANZO (DIRECTOR)

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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Organized in 1995, the st. Thomas more society of los angeles (stmsla) is an association of catholic legal professionals. We have selected st. Thomas more as our patron who has inspired lawyers of all faiths for generations. Stmsla is a 501(c)(3)nonprofit California corporation headquartered within the service area of the roman catholic archdiocese of los angeles. Stmsla is perhaps best known for hosting the annual los angeles red mass. The red mass brings together judges, public servants, and lawyers in prayer and marks the informal opening of the judicial season. In addition to the red mass, stmsla hosts and co-sponsors educational programming for members of the legal community. In recent years, our programs have focused on themes such as religious liberty and legal ethics. We make it a point to co-sponsor ecumenical events with groups representing other faith traditions and other local bar associations. Furthermore, the annual red mass and stmslas education programming promotes the

What it reported doing in 2024

Religious progamming: hosted the annual red mass on october 23, 2024, both in person and by live stream, at the cathedral of our lady of the angels. This ecumenical, civic celebration honors legal professionals and public officials of all faiths and informally opens the judicial year.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
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.

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 total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 70
  • Transparency & Controls: 90
  • Accountability: 70
  • Sustainability: 53
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 65.9%; rating input score 66
  • Program expense ratio: 76.2%; rating input score 76
  • Fundraising efficiency: $21.15 raised per $1 spent on fundraising; rating input score 68; 68th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 2 of 7 controls in place; rating input score 29
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 13.6%; rating input score 68; 68th percentile among comparable filings
  • Total-asset coverage ratio: 0.7; rating input score 20; 20th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 69; 69th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 60; 60th percentile among comparable filings

Growth

  • Program expense growth: 1.4% per year; rating input score 100; 56th percentile among comparable filings
  • Revenue growth: 4.1% per year; rating input score 100; 75th percentile among comparable filings
  • Asset growth: 13.2% per year; rating input score 100; 85th percentile among comparable filings

Details

  • Where the money goes: 65.9% of revenue deployed · 76.2% of spending went to programs
  • Governance: 16 of 16 board members independent · 2 of 7 filing controls reported
  • Programs: 2 filed program accomplishments · $33K in reported program spending
  • Leadership: top reported pay $0 · 14 people listed
  • Consistency: 19 of 19 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 12 filing years from 2013 to 2024
  • Contacts: How to reach this organization
  • 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 — Accountability: Governance controls: 4 of 6 not reported.
  • High — Sustainability: Total-asset coverage ratio scored 20/100.