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

EIN: 300781498 501(c)(3) Religion

BOSTON, MA

Total Revenue
$526,343
Total Expenses
$478,435
Total Assets
$762,189
Net Assets
$762,189
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
MA
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

THE DAUGHTERS OF MARY OF NAZARETH (THE "COMMUNITY"), INC IS A ROMAN CATHOLIC RELIGIOUS COMMUNITY OF WOMEN. IT IS A PRIVATE ASSOCIATION OF THE FAITHFUL IN THE ARCHDIOCESE OF BOSTON AND WAS FOUNDED IN 2011 BY MOTHER OLGA OF THE SACRED HEART. THEY ARE EXPOSED TO PRISON MINISTRY, HOSPITAL, NURSING HOME AND HOMELESS MINISTRY,PARISH & YOUTH MINISTRY, SCHOOLS, UNIVERSITIES & CATHOLIC BUSINESS ORGANIZATIONS.

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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 $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

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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
8
Independent Members
8
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
0
$0
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
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
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