Vincentian Collaborative System Charitable Foundation
Nonprofit profile at a glance
- EIN
- 753263876
- IRS 990 coverage
- 2009–2021
- Forms available
- Form 990 2021
- Location
- Pittsburgh, PA, USA
- Phone
- 4125484055
- Rating confidence
- Limited
- Sector
- Labor Unions
- Affiliation
- Christianity
Reported finances
- Revenue
- $0
- Expenses
- $0
- Assets
- $0
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2021. Amounts in USD.
Leadership & pay
18 people listed
Executive titles in this filing
- DEAN OWREY (PRESIDENT, CEO)
- NICK VIZZOCA (FORMER PRESIDENT, CEO)
Highest reported compensation
- NICK VIZZOCA (FORMER PRESIDENT, CEO): $320,071 total reported compensation
- DEAN OWREY (PRESIDENT, CEO): $300,290 total reported compensation
- PATRICIA EMBREE (COO): $247,444 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2021. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Compelled by the love of christ, vincentian charitable foundation nurtures and sustains a ministry of compassionate care that preserves the human dignity of persons within a diverse and changing society. Vcf exists to be a catalyst for building and maximizing individual, foundation and government support for vincentian collaborative system and its member ministries to the betterment of those served by the system.we do so by:1. Building a system-wide development program based on current best-practices, thereby providing an infra-structure capable of supporting current and future campaigns.2. Developing comprehensive strategies and programs for building lifetime donor relationships.3. Preserving the purchasing power of gifts and providing a major source of consistent, ongoing support to vcs and its member ministries.4. Administering these resources for the benefit of vcs and its member ministries in a way that inspires trust and commitment from donors.
What it reported doing in 2021
Vincentian charitable foundation is the philanthropic arm of vincentian collaborative system and its member ministries. In keeping with our charitable purpose, the member ministries serve persons of all religious backgrounds and income levels resulting in the provision of approximately $11.4 million in benevolent care during fy 2022. The foundation exists to provide financial support for that benevolent care, as well as program enhancements and capital improvements across the system. We do so through a balanced development program that seeks to connect charitably minded individuals with appropriate needs. This is done through a comprehensive program of communications and development efforts including individual gifts, grants and planned gifts. During fy 2022 the foundation did not have any activity and all net assets were transfered to vincentian collaborative system, the sole member of the foundation and subject to regulatory review and approval.
Operating model
- Revenue model
- No positive adjusted resources. The filing reports no positive adjusted operating resources.
- Distribution model
- No current program activity. The filing reports no program spending for the current year.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 76
- Accountability: 96
- Sustainability: NotEnoughData
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 88.9%; rating input score 89; 9th percentile among comparable filings
- Pay-setting controls: 4 of 6 controls in place; rating input score 67
- Compensation committee: Pass
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Pass
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 93.3%; rating input score 93; 27th 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: Limited
- Total-asset coverage ratio: Limited
- Liabilities to assets ratio: Limited
- Officer compensation ratio: Limited
Growth
- Program expense growth: Limited
- Revenue growth: -3.1% per year; rating input score 0; 52nd percentile among comparable filings
- Asset growth: 4.3% per year; rating input score 100; 64th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 14 of 15 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment
- Leadership: top reported pay $320K · 18 people listed · 4 of 6 pay-setting controls reported
- Consistency: 11 of 12 current checks pass · 1 finding to review
- Schedules: 6 filed schedules · includes executive pay
- Filing history: 13 filing years from 2009 to 2021
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- 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 — Growth: Revenue growth scored 0/100.
- Moderate — Transparency & Controls: Series filing activity did not reconcile in the filed values.