THE CARMEL OF MARY IMMACULATE AND ST (EIN 226029908) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1950

Legal Domicile

Principal Officer

TIAA Trust N A

Tax Period

2023-01-01 to 2023-12-31

THE CARMEL OF MARY IMMACULATE AND ST, founded in 1950, is a small nonprofit that reported $438K in total revenue in fiscal year 2023. Revenue surged 1097% from the prior year, signaling strong growth momentum. The organization ran a surplus of $395K, a strong 90% operating margin.

Mission

Grants are made according to the trust agreement dated May 15, 1950. TIAA, FSB as trustee makes distributions according to the direction of the Reverend Mother of Carmel Monastery. The Rev Mother has the right to revoke, modify or add to the trust. Funds shall be used for the benefit of the Carmel of Mary Immaculate Monastery. TIAA maintains a responsiveness to the needs and activities of the monastery in the attainment of its mission.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $437,540

Other Revenue $0

TOTAL REVENUE $437,540

Expense Breakdown

Grants Paid $0

Salaries & Benefits $38,624

Fundraising Expenses $0

Program Expenses $42,373

Other Expenses $3,749

TOTAL EXPENSES $42,373

Year-over-Year Comparison

	2023	2022	Change
Revenue	$437,540	$36,555	+11.0%
Expenses	$42,373	$40,338	+0.1%
Net Income	$395,167	$-3,783	-105.5%

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

Governance

Voting Members

N/A

Independent Members

N/A

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MOTHER MARY ELIZABETH	DIRECTOR\	N/A	Director	$0	$0	$0
TIAA FSB	TRUSTEE	N/A		$0	$0	$0

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
2023	$437,540	$42,373	$4,167,164	$395,167
2022	$36,555	$40,338	$3,772,374	$-3,783

THE CARMEL OF MARY IMMACULATE AND ST