The Catholic Foundation of Central Florida Inc

EIN: 260879378 501(c)(3) Philanthropy & Grantmaking

Orlando, FL

Total Revenue
$5,705,523
Total Expenses
$3,839,726
Total Assets
$118,152,586
Net Assets
$31,128,787
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2007
Legal Domicile
FL
Principal Officer
Madelyn Weed
Phone
4072464889
Tax Period
2023-07-01 to 2024-06-30

The Catholic Foundation of Central Florida Inc, founded in 2007, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $5.7M in total revenue in fiscal year 2023. Revenue surged 30% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.9M, a strong 33% operating margin.

Mission

Encourage selfless stewardship, safeguard and promote accountability of the gifts entrusted to our care, and engage donors in support of the spiritual, educational and social needs of the community.

Program Service Accomplishments

Program 1
Expenses: $1,711,365 Revenue: $2,035,687

Community Services: The Foundation provides management and consulting services for diocesan parishes, schools and entities to improve financial wellness. The Foundation's offertory enhancement...

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Community Services: The Foundation provides management and consulting services for diocesan parishes, schools and entities to improve financial wellness. The Foundation's offertory enhancement initiative supports parishes with securing necessary resources through a spiritually-based program focused on stewardship and discipleship. The Foundation provides feasibility studies and capital campaigns at the local and diocesan levels to address large-scale projects. The Foundation's expert staff support clergy and lay leadership in determining capacity, defining case for support and engaging the faithful in meeting critical facility and ministry needs. The Foundation manages the annual diocesan campaign and supports each parish with this appeal which funds diocesan-wide ministries. The Foundation provides advancement consulting and training services to clergy and lay leadership on evidence-based practices for mission and operational effectiveness of governance, communications, fundraising, ethics and donor relations.

Program 2
Expenses: $667,207 Revenue: $454,454

Grantmaking and Managing Charitable Funds: Endowed funds provide a permanent source of recurring revenue that supports the work of Catholic compliant organizations into perpetuity. Reserve and donor...

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Grantmaking and Managing Charitable Funds: Endowed funds provide a permanent source of recurring revenue that supports the work of Catholic compliant organizations into perpetuity. Reserve and donor advised funds provide sources of revenue for current and intermediate needs for addressing needs and improving the quality of life in the community. The Foundation provides a professionally managed best-of-class investment program which is fully compliant with US Conference of Catholic Bishops social value screening guidelines along with maximized returns and competitive fees. Annual endowment distributions along with reserve fund distributions are guided by donor intent. The Foundation's funds provide donors the opportunity to achieve their philanthropic goals to benefit and meet the needs of the community including tuition assistance, services for vulnerable populations, ministry growth, retired priests, seminarians and more. The Foundation's endowment fund also provides grants to address community needs and professional development.

Program 3
Expenses: $756,706 Revenue: $499,046

Donor Services: The Foundation supports individuals and families with achieving their philanthropic goals of impacting lives through their charitable giving in the diocese and broader community. The...

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Donor Services: The Foundation supports individuals and families with achieving their philanthropic goals of impacting lives through their charitable giving in the diocese and broader community. The professional staff provides educational and advisory services to both clergy and lay leadership as well as donors on stewardship, gift planning, charitable giving vehicles and legacy planning, and collective and engaged philanthropy. The Foundation provides grants to support community capacity building and inspire philanthropy supporting Catholic and Catholic-compliant Foundations addressing the most pressing needs and social issues in Central Florida. The Foundation provides services for processing complex gifts and resources for planned and legacy giving, donor advised fund giving, individual and family philanthropy.

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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 $2,859,372
Program Service Revenue $2,989,187
Investment Income $-143,036
Other Revenue $0
TOTAL REVENUE $5,705,523

Expense Breakdown

Grants Paid $546,184
Salaries & Benefits $1,838,736
Fundraising Expenses $0
Program Expenses $3,135,278
Other Expenses $1,454,806
TOTAL EXPENSES $3,839,726

Year-over-Year Comparison

2023 2022 Change
Revenue $5,705,523 $4,383,437 +0.3%
Expenses $3,839,726 $3,679,824 +0.0%
Net Income $1,865,797 $703,613 +1.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
22
Independent Members
15
Employees
21
Volunteers
22

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
9
$612,961
Total Directors
22
$14
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Tom Chandler Chair/Director 2.50
Officer Director
$0 $0 $0
Karen Monteleone Vice-Chair/Director 1.00
Officer Director
$0 $0 $0
Dr Robert Kryger Director/Treasurer 1.00
Officer Director
$0 $0 $0
Sr Maria Teresa Acosta Director 1.00
Director
$0 $0 $0
Jessica Cepero Bracero Director 1.00
Director
$0 $0 $0
Garrett Burke Director 1.00
Director
$0 $0 $0
Fr Scott Circe Dir. (B. 10/23)-See Sch O for Note 1 1.00
Director
$0 $1 $2
Fr Ralph DuWell Dir. (B. 10/23)-See Sch O for Note 1 1.00
Director
$0 $1 $2
Elisha Gonzalez Director 1.00
Director
$0 $0 $0
Fr Timothy LaBo Dir. (B. 10/23)-See Sch O for Note 1 1.00
Director
$0 $1 $2
Wendy Mara Director 1.00
Director
$0 $0 $0
Fr Matthew Mello Dir. (B. 10/23)-See Sch O for Note 1 1.00
Director
$0 $1 $2
Fr Ivan Olmo Director - See Sch O for Note 1 1.00
Director
$0 $1 $2
Andrew Orosz Director 1.00
Director
$0 $0 $0
Matthew Pineda Director (Began 10/23) 1.00
Director
$0 $0 $0
David R Ramos Director 1.00
Director
$0 $0 $0
Randall Scott Director 1.00
Director
$0 $0 $0
Lori Tolland Director 1.00
Director
$0 $0 $0
Fr Richard Trout Director - See Sch O for Note 1 1.00
Director
$0 $1 $2
Erika Wikstrom Director - See Sch O for Note 1 1.00
Director
$0 $1 $2
Rachel Youngs Director (Began 10/23) 1.00
Director
$0 $0 $0
Kevin Bowler Vice-Chair/Director (ended 11/23) 1.00
Officer Director
$0 $0 $0
Kimberlee Riley President & CEO 40.00
Officer
$144,486 $23,031 $167,517
Susan Hunt Controller 40.00
Officer
$69,837 $14,492 $84,329
Madelyn Weed V.P. Donor Services 40.00
Officer
$104,144 $30,327 $134,471
Marta Sweeney V.P. Community Services 40.00
Officer
$103,348 $16,583 $119,931
Nia Herald VP, Chief Financial Officer 40.00
Officer
$91,210 $15,503 $106,713
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
2025 No data No data No data No data
2024 $5,705,523 $3,839,726 $118,152,586 $1,865,797
2023 $4,383,437 $3,679,824 $98,507,369 $703,613
2022 $5,046,081 $3,350,149 $91,215,748 $1,695,932
2021 $4,691,910 $3,377,105 $89,845,001 $1,314,805
2020 $4,484,394 $3,226,098 $61,020,254 $1,258,296
2019 $3,876,815 $3,049,633 $58,476,417 $827,182
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