SOCIETY OF THE COMPANIONS OF THE HOLY CROSS

EIN: 042104932 501(c)(3)

BYFIELD, MA

Total Revenue
$1,232,727
Total Expenses
$1,328,490
Total Assets
$6,342,091
Net Assets
$6,245,733
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1906
Legal Domicile
MA
Principal Officer
EDWINA SIMPSON
Phone
9784626721
Tax Period
2023-01-01 to 2023-12-31

SOCIETY OF THE COMPANIONS OF THE HOLY CROSS, founded in 1906, is a community nonprofit that reported $1.2M in total revenue in fiscal year 2023. Revenue surged 32% from the prior year, signaling strong growth momentum. Net assets of $6.2M represent 61 months of operating reserves.

Mission

THE SOCIETY OF THE COMPANIONS OF THE HOLY CROSS IS A MEMBERSHIP ORGANIZATION, THE PURPOSE OF WHICH IS TO UNITE ITS MEMBERS UNDER A COMMON RULE OF PRAYER, THANKSGIVING, AND SIMPLICITY OF LIFE WITH SPECIAL CONCERN FOR SOCIAL JUSTICE AND PEACE,UNITY OF ALL GOD'S PEOPLE, AND MISSION OF GOD IN THE WORLD. THE SOCIETY ACCOMPLISHES THIS PURPOSE THROUGH ITS MEMBERS AND BY OPERATING A RETREAT AND CONFERENCE CENTER (ADELYNROOD), AND BY PROVIDING CONTINUING PROGRAMS FOR SPIRITUAL GROWTH THROUGH MEETINGS, CONFERENCES ANDRETREATS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $414,330
Program Service Revenue $194,788
Investment Income $619,144
Other Revenue $4,465
TOTAL REVENUE $1,232,727

Expense Breakdown

Grants Paid $0
Salaries & Benefits $581,998
Fundraising Expenses $43,268
Program Expenses $1,017,951
Other Expenses $746,492
TOTAL EXPENSES $1,328,490

Year-over-Year Comparison

2023 2022 Change
Revenue $1,232,727 $931,925 +0.3%
Expenses $1,328,490 $1,245,471 +0.1%
Net Income $-95,763 $-313,546 -0.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
13
Independent Members
13
Employees
21
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$94,240
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JACQUELINE SCHMITT COMPANION IN CHARGE 45.00
Officer Director
$0 $0 $0
KRISTIN KALBRENER ASST COMPANION IN CHARGE 20.00
Officer Director
$0 $0 $0
PRISCILLA WOOD SECRETARY 10.00
Officer Director
$0 $0 $0
MARILEE BACKSTRAND TREASURER 30.00
Officer Director
$0 $0 $0
MARTI A HUNT COMP-IN-CHARGE-CHAPTERS 10.00
Director
$0 $0 $0
LOUISE D VALLEAU COMP-IN-CHARGE-DISCERNERS 10.00
Director
$0 $0 $0
BARBARA M DIAMOND ADELYNROOD COMM.,CHAIRWOMA 10.00
Director
$0 $0 $0
JUDITH CONLEY AIMS & PROPHETIC MNSTRY,CH 10.00
Director
$0 $0 $0
LYNN C ADAMS COMMUNICATIONS COMM.,CHAIR 10.00
Director
$0 $0 $0
VICTORIA CRAGO SICKS DEVELOPMENT COMM.,CHAIRWOM 10.00
Director
$0 $0 $0
LYNN S EDWARDS FINANCE COMM.,CHAIRWOMAN 10.00
Director
$0 $0 $0
MELISSA BUCKINGHAM NOMINATING COMM.,CHAIRWOMA 10.00
Director
$0 $0 $0
CAROL BORNE SPENCER PROGRAM COMM.,CHAIRWOMAN 10.00
Director
$0 $0 $0
SARAH VAN GULDEN GENERAL MANAGER 35.00
Officer
$69,349 $24,891 $94,240
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $1,232,727 $1,328,490 $6,342,091 $-95,763
2022 $931,925 $1,245,471 $6,468,028 $-313,546
2021 $1,065,321 $940,115 $7,862,203 $125,206
2020 $806,019 $803,497 $7,163,185 $2,522
2019 $1,022,778 $1,026,966 $6,973,029 $-4,188
2018 $1,128,806 $952,403 $6,385,743 $176,403
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