THE BISHOPS FUND INC (EIN 472521236) - 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

2014

Legal Domicile

Principal Officer

BISHOP MARK E BRENNAN

Phone

3042330880

Tax Period

2020-01-01 to 2020-12-31

THE BISHOPS FUND INC, founded in 2014, is a small nonprofit that reported $610K in total revenue in fiscal year 2020. Revenue surged 43% from the prior year, signaling strong growth momentum. The organization ran a surplus of $601K, a strong 99% operating margin.

Mission

TO SUPPORT THE ROMAN CATHOLIC BISHOP OF THE DIOCESE OF WHEELING-CHARLESTON IN HIS EFFORTS TO PROVIDE FOR THE PASTORAL CARE OF THE DIOCESE, FOR THE CANONICAL ADMINISTRATION OF THE FAITH, AND FOR THE HEALTH, EDUCATION AND CHARITABLE CARE OF THE PEOPLE OF THE DIOCESE.

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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 (2020)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $610,059

Other Revenue $0

TOTAL REVENUE $610,059

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $8,803

TOTAL EXPENSES $8,803

Year-over-Year Comparison

	2020	2019	Change
Revenue	$610,059	$427,093	+0.4%
Expenses	$8,803	$46,144	-0.8%
Net Income	$601,256	$380,949	+0.6%

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

N/A

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

$155,490

Total Directors

$348,218

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LAWRENCE BANDI	DIRECTOR/TREASURER	1.60	Officer Director	$0	$4,252	$97,576
BRYAN MINOR	DIRECTOR	0.70	Director	$0	$26,693	$192,728
BISHOP MARK E BRENNAN	DIRECTOR/ CHAIRMAN/ SOLE-MEMBER	1.60	Officer Director	$0	$16,554	$57,914

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
2020	$610,059	$8,803	No data	$601,256
2019	$427,093	$46,144	$5,280,407	$380,949
2018	$247,116	$668,869	$4,640,756	$-421,753

THE BISHOPS FUND INC