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.
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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