FOUNDATION OF THE ROMAN CATHOLIC DIOCESE OF OGDENSBURG INC (EIN 364606321) - 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

2007

Legal Domicile

Principal Officer

Terry R LaValley

Phone

3153932920

Tax Period

2022-07-01 to 2023-06-30

FOUNDATION OF THE ROMAN CATHOLIC DIOCESE OF OGDENSBURG INC, founded in 2007, is a small nonprofit in the Religion sector that reported $352K in total revenue in fiscal year 2022. Revenue fell 61% from the prior year — a significant decline worth monitoring. Net assets of $7.7M represent 261 months of operating reserves.

Mission

The Foundation is committed to promoting the well-being of the Roman Catholic Diocese of Ogdensburg and its affiliates and related parishes, schools, corporations, departments, institutions, organizations, entities and programs through dividend distributions at the discretion of its Board.

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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 (2022)

Revenue Breakdown

Contributions & Grants $256,077

Program Service Revenue $0

Investment Income $96,168

Other Revenue $0

TOTAL REVENUE $352,245

Expense Breakdown

Grants Paid $250,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $250,000

Other Expenses $119,361

TOTAL EXPENSES $369,361

Year-over-Year Comparison

	2022	2021	Change
Revenue	$352,245	$905,075	-0.6%
Expenses	$369,361	$389,514	-0.1%
Net Income	$-17,116	$515,561	-1.0%

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
Bishop Terry R LaValley	President	0.50	Officer Director	$0	$0	$0
Reverend Joseph A Morgan	Vice President	0.25	Officer Director	$0	$0	$0
Mark T Mashaw	Treasurer	2	Officer Director	$0	$0	$0
Sister Mary Eamon Lyng SSJ	Trustee	0.25	Director	$0	$0	$0
Reverend Kevin McEwan	Trustee	0.25	Director	$0	$0	$0
MaryAnne Bukolt Ryder	Trustee	0.25	Director	$0	$0	$0
Thomas A Hannan	Trustee	0.25	Director	$0	$0	$0
Deacon Mark Webster	Trustee	0.25	Director	$0	$0	$0
Michael J Tooley	Treasurer	2	Officer 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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$352,245	$369,361	$7,664,216	$-17,116
2022	$905,075	$389,514	$7,391,567	$515,561
2021	$1,319,508	$328,079	$8,461,432	$991,429
2020	$578,961	$297,519	$6,859,803	$281,442

FOUNDATION OF THE ROMAN CATHOLIC DIOCESE OF OGDENSBURG INC