Ignatian Lay Volunteer Corporation

EIN: 521885486 501(c)(3)

Baltimore, MD

Total Revenue
$2,750,880
Total Expenses
$2,536,300
Total Assets
$1,811,365
Net Assets
$487,422
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1994
Legal Domicile
MD
Phone
4107524686
Tax Period
2023-10-01 to 2024-09-30

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.

Mission

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.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,857,223
Program Service Revenue $1,021,860
Investment Income $18,067
Other Revenue $-146,270
TOTAL REVENUE $2,750,880

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,618,788
Fundraising Expenses $225,293
Program Expenses $1,831,365
Other Expenses $917,512
TOTAL EXPENSES $2,536,300

Year-over-Year Comparison

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%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
21
Independent Members
21
Employees
33
Volunteers
529

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
$112,829
Total Directors
22
$112,829
Key Employees
0
$0
Highest Compensated
0
reported
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
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
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
Explore More Nonprofits
Top 100 Nonprofits in Maryland Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare Ignatian Lay Volunteer Corporation with other nonprofits in Maryland and across the country.