Foundations and Donors Interested in Catholic Activities Inc

EIN: 521062824 501(c)(3) Philanthropy & Grantmaking

Washington, DC

Total Revenue
$1,335,091
Total Expenses
$2,433,986
Total Assets
$9,373,691
Net Assets
$9,118,137
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1976
Legal Domicile
DC
Principal Officer
Alexia K Kelley
Phone
2022233550
Tax Period
2023-01-01 to 2023-12-31

Foundations and Donors Interested in Catholic Activities Inc, founded in 1976, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $1.3M in total revenue in fiscal year 2023. Revenue fell 51% from the prior year — a significant decline worth monitoring. Expenses of $2.4M exceeded revenue, resulting in a 82% operating deficit.

Mission

FADICA is a leading philanthropic peer network serving as a catalyst for a vital catholic church, catholic ministries, and the common good. We promote the growth and effectiveness of catholic philanthropy inspired by the joy of the gospel and the catholic social tradition. FADICA supports its members through education, exchange, fellowship and faith, research, joint funding opportunities, and interaction with catholic leadership.

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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 $949,922
Program Service Revenue $244,263
Investment Income $140,906
Other Revenue $0
TOTAL REVENUE $1,335,091

Expense Breakdown

Grants Paid $265,000
Salaries & Benefits $1,186,270
Fundraising Expenses $57,520
Program Expenses $2,109,740
Other Expenses $982,716
TOTAL EXPENSES $2,433,986

Year-over-Year Comparison

2023 2022 Change
Revenue $1,335,091 $2,741,618 -0.5%
Expenses $2,433,986 $3,213,084 -0.2%
Net Income $-1,098,895 $-471,466 +1.3%
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

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Liquidity & Cash Position

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Governance

Voting Members
12
Independent Members
11
Employees
11
Volunteers
11

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
5
$482,555
Total Directors
12
$315,344
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Bernard Brenninkmeijer Director 3.00
Director
$0 $0 $0
Gregory Brown Director 3.00
Director
$0 $0 $0
Timothy Connors Director 3.00
Director
$0 $0 $0
Dan Estes Director 3.00
Director
$0 $0 $0
Beth Flaherty Director 3.00
Director
$0 $0 $0
Alexia Kelley President & CEO 40.00
Officer Director
$270,470 $44,874 $315,344
Anne Cullen Miller Treasurer 3.00
Officer Director
$0 $0 $0
Charlie Schaffler Secretary 3.00
Officer Director
$0 $0 $0
Gabriela Smith Director 3.00
Director
$0 $0 $0
Sr Jane Wakahiu LSOSF PhD Director 3.00
Director
$0 $0 $0
Christine Wolohan Director 3.00
Director
$0 $0 $0
Michael Wolohan MD Chair 3.00
Officer Director
$0 $0 $0
Alicia Bondanella Simon Vice President 40.00
Officer
$135,681 $31,530 $167,211
Jon Jakoblich Director, Catholic Funding 40.00
Highest
$110,296 $31,231 $141,527
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 $1,335,091 $2,433,986 $9,373,691 $-1,098,895
2022 $2,741,618 $3,213,084 $9,382,550 $-471,466
2021 $5,708,412 $3,854,953 $12,432,482 $1,853,459
2020 $4,857,825 $2,883,646 $10,089,827 $1,974,179
2019 $1,670,164 $1,494,539 $7,125,089 $175,625
2018 $1,192,893 $1,327,396 $5,984,401 $-134,503
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