PATRIS CORDE HERMITAGE

EIN: 880639678 501(c)(3) Religion

PARSHALL, CO

Total Revenue
$817,575
Total Expenses
$66,576
Total Assets
$1,832,243
Net Assets
$1,831,421
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2022
Legal Domicile
CO
Principal Officer
JOHN RYAN
Phone
3039317378
Tax Period
2023-01-01 to 2023-12-31

PATRIS CORDE HERMITAGE, founded in 2022, is a small nonprofit in the Religion sector that reported $818K in total revenue in fiscal year 2023. Revenue fell 27% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $751K, a strong 92% operating margin.

Mission

PATRIS CORDE HERMITAGE (THE ORGANIZATION) IS ORGANIZED FOR CHARITABLE, RELIGIOUS, AND EDUCATIONAL PURPOSES. THE NAME PATRIS CORDE IS LATIN FOR: WITH A FATHER'S HEART. THE ORGANIZATION WILL OFFER A SPACE FOR PEOPLE TO VISIT TO STRENGTHEN THEIR DEVOTION TO GOD. THE ORGANIZATION'S MISSION INCLUDES THE GOAL TO CREATE AN OASIS OF SILENCE AND ENCOUNTER WITH GOD IN A WORLD THAT IS VERY LOUD. IT DEEPLY DESIRES TO STRENGTHEN THE VOCATIONS OF RELIGIOUS AND LAITY AND TO SUPPORT THE EVANGELICAL EFFORTS OF THE CATHOLIC CHURCH. THIS MAY BE ACCOMPLISHED NOT ONLY THROUGH A RETREAT CENTER BUT ALSO THROUGH CONTRIBUTIONS TO ORGANIZATIONS THAT SUPPORT CHRISTIAN EVANGELIZATIONS, CARE FOR BODILY NEEDS, OR LESS FORTUNATE, AND THOSE THAT SUPPORT CARE AND EDUCATION FOR MOTHERS AND UNBORN CHILDREN.

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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 $817,575
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $817,575

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $51,031
Other Expenses $66,576
TOTAL EXPENSES $66,576

Year-over-Year Comparison

2023 2022 Change
Revenue $817,575 $1,114,133 -0.3%
Expenses $66,576 $33,711 +1.0%
Net Income $750,999 $1,080,422 -0.3%
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

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

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Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
7
Employees
N/A
Volunteers
10

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
1
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN RYAN EXECUTIVE DIRECTOR 40.00
Officer Director
$0 $0 $0
ASHLEIGH RYAN DIRECTOR 10.00
Director
$0 $0 $0
FATHER BRADY WAGNER DIRECTOR 1.00
Director
$0 $0 $0
FATHER JOHN NEPIL DIRECTOR 1.00
Director
$0 $0 $0
JASON SIMON DIRECTOR 1.00
Director
$0 $0 $0
ED VAN PELT DIRECTOR 1.00
Director
$0 $0 $0
DUDLEY MITCHELL 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
2024 No data No data No data No data
2023 $817,575 $66,576 $1,832,243 $750,999
2022 $1,114,133 $33,711 $1,080,422 $1,080,422
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