DAUGHTERS OF MARY OF NAZARETH INC … - Form 990 Financial Data

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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

2011

Legal Domicile

Principal Officer

MOTHER OLGA YAQOB

Phone

6174471528

Tax Period

2023-01-01 to 2023-12-31

DAUGHTERS OF MARY OF NAZARETH INC C/O NUTTER MCCLENNEN & FISH LLP, founded in 2011, is a small nonprofit in the Religion sector that reported $526K in total revenue in fiscal year 2023. Revenue surged 26% from the prior year, signaling strong growth momentum. Expenses of $478K left a modest 9% surplus.

Mission

FOR LINE ONE PAGE ONE MISSION STATEMENT

Program Service Accomplishments

Program 1

Expenses: $478,435 Revenue: $4,790

ORGANIZATION'S ACTIVITIES INCLUDE: PRISON MINISTRY, HOSPITAL, NURSING HOME, & HOMELESS MINISTRY, PARISH YOUTH MINISTRY, SCHOOLS, UNIVERSITIES AND CATHOLIC BUSINESS ORGANIZATIONS MINISTRY

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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 $521,553

Program Service Revenue $0

Investment Income $4,790

Other Revenue $0

TOTAL REVENUE $526,343

Expense Breakdown

Grants Paid $173,772

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $478,435

Other Expenses $278,830

TOTAL EXPENSES $478,435

Year-over-Year Comparison

	2023	2022	Change
Revenue	$526,343	$416,298	+0.3%
Expenses	$478,435	$424,371	+0.1%
Net Income	$47,908	$-8,073	-6.9%

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

Independent Members

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 OLGA YAQOB	PRESIDENT,DIRECTOR, TREASU	50.00	Director	$0	$0	$0
JOE CAVANAGH	DIRECTOR	0.50	Director	$0	$0	$0
CAROL CAVANAGH	DIRECTOR	0.50	Director	$0	$0	$0
BECKY PRIMAVERA	DIRECTOR	0.50	Director	$0	$0	$0
VICTOR PRIMAVERA	DIRECTOR	0.50	Director	$0	$0	$0
LARRY EAGAN	DIRECTOR	0.50	Director	$0	$0	$0
NANCY MCDEVITT	DIRECTOR	0.50	Director	$0	$0	$0
KEVIN MCDEVITT	DIRECTOR	0.50	Director	$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
2024	No data	No data	No data	No data
2023	$526,343	$478,435	$762,189	$47,908
2022	$416,298	$424,371	$714,281	$-8,073
2021	$445,156	$352,432	$722,353	$92,724
2020	$369,353	$235,124	$629,629	$134,229

DAUGHTERS OF MARY OF NAZARETH INC C/O NUTTER MCCLENNEN & FISH LLP