Baltimore, MD
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Ignatian Lay Volunteer Corporation, founded in 1994, is a community nonprofit that reported $2.8M in total revenue in fiscal year 2023. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $2.5M left a modest 8% surplus.
Ignatian Lay Volunteer Corporation (d/b/a Ignatian Volunteer Corps, d/b/a IVC) (the Organization) is a religious nonprofit Maryland corporation whose purpose is to provide men and women age 50 and over the opportunity to serve the needs of people who are poor, to work for a more just society, and to grow deeper in Christian faith by reflecting and praying in the Ignatian tradition. The Organization was founded by Jesuits (Society of Jesus) of the Maryland Province in response to General Congregation 34 of the Society of Jesus. The Organization is independent and lay led, and firmly committed to maintaining its Ignatian character and its strong ties to the Society of Jesus.
Recruit, place & support volunteers age 50 & older for community service in various states. Offers a nationwide program of community service to help individuals & families improve their quality of...
Recruit, place & support volunteers age 50 & older for community service in various states. Offers a nationwide program of community service to help individuals & families improve their quality of life as well as providing meaningful service opportunities for adults 50 and older and affording those Service Corps Members resources to facilitate their spiritual growth. It builds on existing community resources, developing partnerships with local non-profit agencies working to strengthen and support communities and their residents. In the current fiscal year, the number of service corps members remains on trend at 529 volunteers. Service Corps Members worked with local nonprofits in their communities dedicated to helping people in need to overcome poverty and structural barriers to achieve their full potential. Service Corps Members worked in many sectors and functions, applying their skills and experience in education, housing, adult literacy, employment, refugee resettlement, and many other areas. IVC recognizes the symbiotic relationship between our member's spirituality and their commitment to serve those in need. We believe when a Service Corps Member's spirituality is fortified by prayer, reflection and community, it leads to a volunteer experience filled with deep meaning, courage, and hope! To that end, the members of the IVC service corps meet monthly for community prayer and sharing on their service experiences. They are encouraged to keep a private prayer journal and meet with a Spiritual Reflector to help them see their volunteer work as an expression of their faith.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $2,750,880 | $2,475,077 | +0.1% |
| Expenses | $2,536,300 | $2,454,949 | +0.0% |
| Net Income | $214,580 | $20,128 | +9.7% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Mary McGinnityex officio | President & CEO | 60.00 |
Officer
Director
|
$112,829 | $0 | $112,829 |
| Richard Kelly | Chairman | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Jim Tracy | Treasurer | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Mary Podesta | Vice Chair | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Nancy Woodley | Secretary | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Mary Baudouin | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Brian Burke | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Jim Conroy SJ ex officio | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| John Cosgrove | Secretary | 1.00 |
Director
|
$0 | $0 | $0 |
| John Dewan | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Melissa Collins Di Leonardo | Vice Chair | 1.00 |
Director
|
$0 | $0 | $0 |
| James Fleming SJ | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Henry Frank | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Brian Gagnon | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Letty Garcia | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Sharon Wilson Geno | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Anthony Granado | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Michael McColloch | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Sarah Ferraro CNP | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Georgette Lehmuth OSF | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Mark Ruge | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Paul Tillman | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $2,750,880 | $2,536,300 | $1,811,365 | $214,580 |
| 2023 | $2,475,077 | $2,454,949 | $1,607,736 | $20,128 |
| 2022 | $2,278,186 | $2,191,990 | $1,418,876 | $86,196 |
| 2021 | $2,049,175 | $1,977,413 | $950,068 | $71,762 |
| 2020 | $1,963,321 | $1,940,969 | $1,005,508 | $22,352 |
| 2019 | $1,949,975 | $1,743,921 | $951,545 | $206,054 |
| 2018 | $1,496,057 | $1,641,609 | $709,341 | $-145,552 |
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