SHRINE OF ST JOSEPH'S FRIENDS INC

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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

1979

Legal Domicile

Principal Officer

KEVIN FINAZZO

Phone

3142319407

Tax Period

2023-01-01 to 2023-12-31

SHRINE OF ST JOSEPH'S FRIENDS INC, founded in 1979, is a community nonprofit that reported $1.8M in total revenue in fiscal year 2023. Revenue surged 346% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.5M, a strong 87% operating margin.

Mission

AN ASSOCIATION ESTABLISHED FOR THE PURPOSE OF PRESERVING AND RESTORING ST. JOSEPH'S SHRINE, LOCATED IN THE CITY OF ST. LOUIS.

Program Service Accomplishments

Program 1

DIRECT COSTS OF RESTORING, MAINTAINING AND OPERATING THE SHRINE OF ST. JOSEPH.

Program 2

CONTRIBUTIONS TO OTHER CHARITIES AND INDIVIDUALS

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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 $1,594,166

Program Service Revenue $67,146

Investment Income $111,861

Other Revenue $0

TOTAL REVENUE $1,773,173

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $224,340

Other Expenses $224,340

TOTAL EXPENSES $224,340

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,773,173	$397,133	+3.5%
Expenses	$224,340	$338,917	-0.3%
Net Income	$1,548,833	$58,216	+25.6%

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
JIM BLUM	PRESIDENT	N/A	Officer Director	$0	$0	$0
MICHAEL T BOYNE	SECURITY	N/A	Director	$0	$0	$0
SHERRY CHIBNALL	MEMBERSHIP	N/A	Director	$0	$0	$0
FRANK FESSLER	BY-LAWS/SECR	N/A	Director	$0	$0	$0
JOSEPH FINAZZO	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
KEVIN FINAZZO	TREASURER	N/A	Officer Director	$0	$0	$0
JIM FULLER	PURCHASING	N/A	Director	$0	$0	$0
JO ANN GEISZ	WEDDING CONS	N/A	Director	$0	$0	$0
HOWARD MATTHEWS	PUBLICATIONS	N/A	Director	$0	$0	$0
CONRAD PHILIPP	BUILDING MAI	N/A	Director	$0	$0	$0
KATHLEEN WELTZIN	THRIFT SHOP	N/A	Director	$0	$0	$0
JOAN WILHELM	COMMUNICATIO	N/A	Director	$0	$0	$0
TED WOFFORD	ARCHITECTURA	N/A	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	$1,773,173	$224,340	$7,523,766	$1,548,833
2022	$397,133	$338,917	$5,974,933	$58,216
2021	$668,754	$281,268	$5,916,717	$387,486
2020	$450,421	$312,988	$5,529,231	$137,433
2019	$287,851	$327,125	$5,391,798	$-39,274
2018	$399,804	$277,624	$5,349,464	$122,180