CATHOLIC CHARITIES DIOCESE OF FORT WORTH ENDOWMENT INC (EIN 454094964) - 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

2011

Legal Domicile

Principal Officer

Michael Iglio

Phone

8175340814

Tax Period

2023-01-01 to 2023-12-31

CATHOLIC CHARITIES DIOCESE OF FORT WORTH ENDOWMENT INC, founded in 2011, is a small nonprofit that reported $937K in total revenue in fiscal year 2023. Revenue surged 73% from the prior year, signaling strong growth momentum. Expenses of $815K left a modest 13% surplus.

Mission

The corporation is organized to acquire, hold, manage, distribute, and administer investment property for the exclusive benefit and support of Catholic Charities, Diocese of Fort Worth, Inc. (Catholic Charities), a charitable and educational organization under Internal Revenue Code Sec 501(c)(3) and the related regulations, and to respond to the needs or demands of Catholic Charities.

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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 $766,103

Program Service Revenue $0

Investment Income $171,146

Other Revenue $0

TOTAL REVENUE $937,249

Expense Breakdown

Grants Paid $612,016

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $814,866

Other Expenses $202,850

TOTAL EXPENSES $814,866

Year-over-Year Comparison

	2023	2022	Change
Revenue	$937,249	$540,651	+0.7%
Expenses	$814,866	$559,221	+0.5%
Net Income	$122,383	$-18,570	-7.6%

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

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

$651,756

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Michael Iglio	President/CEO (partial year)	0	Officer	$0	$31,571	$246,325
Christopher Plumlee	Former President/CEO	0		$0	$0	$196,667
Josh Audi	CFO/VP of Administration	0	Officer	$0	$18,288	$180,362
Fr Anthony Chandler	Present/CEO (partial year)	0	Officer	$0	$3,483	$123,911
Peter Hicks	Chief Operating Officer	0	Officer	$0	$12,097	$101,158
Bill Quinn	Chair	2	Officer Director	$0	$0	$0
Merilee Kuylen	Secretary	2	Officer Director	$0	$0	$0
Andrea Lacroix	Treasurer	2	Officer Director	$0	$0	$0
Caroline Cooley	Board Member	2	Director	$0	$0	$0
Nancy Rocha	Board Member	2	Director	$0	$0	$0
Candace Sandifer	Board Member	2	Director	$0	$0	$0
Tim Connolly	Board Member	2	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	$937,249	$814,866	$16,032,890	$122,383
2022	$540,651	$559,221	$13,415,922	$-18,570
2021	$2,758,793	$169,718	$16,367,411	$2,589,075
2020	$2,764,666	$858,364	$13,851,936	$1,906,302
2019	$2,183,082	$18,183	$11,870,771	$2,164,899
2019	$2,183,082	$719,323	$11,870,771	$1,463,759
2018	$111,452	$488,885	$10,407,012	$-377,433
2018	$111,452	$11,412	$10,407,012	$100,040

CATHOLIC CHARITIES DIOCESE OF FORT WORTH ENDOWMENT INC