Confraternity Of Penitents
Confraternity Of Penitents shows asset growth and zero executive compensation, but experienced a deficit in 2023.
EIN: 10795785 · Fort Wayne, IN · NTEE: X22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $410K |
| Total Expenses | $224K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $400,000 |
| Net Assets | $391K |
| Transparency Score | 85/100 |
Is Confraternity Of Penitents Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Confraternity Of Penitents directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Confraternity Of Penitents
Confraternity Of Penitents (EIN: 10795785) is a nonprofit organization based in Fort Wayne, IN, classified under NTEE code X22. The organization reported total revenue of $410K and total assets of $707K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Confraternity Of Penitents's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Confraternity Of Penitents is a small nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 15.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $135K |
| Total Expenses | $224K |
| Surplus / Deficit | $-88,955 |
| Total Assets | $404K |
| Total Liabilities | $13K |
| Net Assets | $391K |
| Operating Margin | -65.7% |
| Debt-to-Asset Ratio | 3.3% |
| Months of Reserves | 21.6 months |
Financial Health Grade: B
In 2023, Confraternity Of Penitents reported a deficit of $89K with expenses exceeding revenue, holds 21.6 months of operating reserves (strong position), has a debt-to-asset ratio of 3.3% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Confraternity Of Penitents's revenue has grown at a compound annual growth rate (CAGR) of 15.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -37.4% | +75.1% | -11.3% |
| 2022 | +60.8% | -15.5% | +25.3% |
| 2021 | +10.6% | +37.4% | +25.3% |
| 2020 | +45.0% | +71.5% | +285.7% |
| 2019 | +111.9% | +49.8% | +40.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2004 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Confraternity Of Penitents with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Confraternity Of Penitents allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $89K, with expenses exceeding revenue.
- Debt-to-asset ratio: 3.3%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating a volunteer-led organization. This is highly unusual for an organization of its size with assets exceeding $400,000 and suggests a strong commitment to directing resources towards its mission rather than administrative overhead.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Confraternity Of Penitents's IRS 990 filings:
- Expenses ($224,358) significantly exceeded revenue ($135,403) in the 2023 fiscal period, leading to a deficit.
- Fluctuating revenue streams, with a notable drop from $216,132 in 2022 to $135,403 in 2023.
Strengths
The following positive indicators were identified for Confraternity Of Penitents:
- Consistent reporting of 0% officer compensation across all filings, indicating a volunteer-driven model and efficient use of funds.
- Significant growth in assets from $30,600 in 2014 to $403,869 in 2023, demonstrating financial stability and accumulation of resources.
- Consistent filing of IRS Form 990s over 13 periods, reflecting strong transparency and accountability.
- Positive net income in multiple years, such as 2022 ($216,132 revenue vs. $128,117 expenses) and 2020 ($121,490 revenue vs. $110,378 expenses).
Frequently Asked Questions about Confraternity Of Penitents
Is Confraternity Of Penitents a legitimate charity?
Based on AI analysis of IRS 990 filings, Confraternity Of Penitents (EIN: 10795785) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Confraternity Of Penitents spend its money?
Confraternity Of Penitents directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Confraternity Of Penitents tax-deductible?
Confraternity Of Penitents is registered as a tax-exempt nonprofit (EIN: 10795785). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Confraternity Of Penitents CEO make?
Confraternity Of Penitents's highest-compensated officer earns $400,000 annually. The organization reported $410K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Confraternity Of Penitents's spending goes to programs?
Confraternity Of Penitents directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Confraternity Of Penitents compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Confraternity Of Penitents is above average for NTEE category X22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Confraternity Of Penitents located?
Confraternity Of Penitents is headquartered in Fort Wayne, Indiana and files with the IRS under EIN 10795785. It is classified under NTEE code X22.
How many years of IRS 990 filings does Confraternity Of Penitents have?
Confraternity Of Penitents has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $410K in total revenue.
What caused the significant increase in expenses in 2023 ($224,358) compared to previous years?
The provided data does not specify the nature of the increased expenses in 2023. Further analysis of the detailed 990 form for that period would be needed to understand if it was due to program expansion, one-time costs, or other factors.
How does the organization sustain its operations with 0% officer compensation?
The consistent reporting of 0% officer compensation suggests that the organization is primarily run by volunteers, which significantly reduces administrative costs and allows more funds to be allocated to its programs.
What is the specific breakdown of program, administrative, and fundraising expenses?
The provided summary data does not offer a detailed breakdown of these expense categories. A full IRS Form 990 would be required to ascertain the exact percentages for each.
Filing History
IRS 990 filing history for Confraternity Of Penitents showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Confraternity Of Penitents's revenue has grown by 450.5%, moving from $25K to $135K. Total assets increased by 1951.3% over the same period, from $20K to $404K. Total functional expenses rose by 610%, from $32K to $224K. In its most recent filing year (2023), Confraternity Of Penitents reported a deficit of $89K, with expenses exceeding revenue. The organization holds $13K in liabilities against $404K in assets (debt-to-asset ratio: 3.3%), resulting in net assets of $391K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $135K | $224K | $404K | $13K | — | — |
| 2022 | $216K | $128K | $455K | $30K | — | — |
| 2021 | $134K | $152K | $363K | $4K | — | View 990 |
| 2020 | $121K | $110K | $290K | $675 | — | View 990 |
| 2019 | $84K | $64K | $75K | $1K | — | View 990 |
| 2018 | $40K | $43K | $53K | $7K | — | View 990 |
| 2017 | $57K | $56K | $34K | $7K | — | View 990 |
| 2016 | $52K | $58K | $31K | $6K | — | View 990 |
| 2015 | $76K | $75K | $35K | $7K | — | View 990 |
| 2014 | $53K | $44K | $31K | $0 | — | View 990 |
| 2013 | $38K | $41K | $21K | $0 | — | View 990 |
| 2012 | $36K | $31K | $21K | $3K | — | View 990 |
| 2011 | $25K | $32K | $20K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $135K, expenses of $224K, and assets of $404K (revenue -37.4% year-over-year).
- 2022: Revenue of $216K, expenses of $128K, and assets of $455K (revenue +60.8% year-over-year).
- 2021: Revenue of $134K, expenses of $152K, and assets of $363K (revenue +10.6% year-over-year).
- 2020: Revenue of $121K, expenses of $110K, and assets of $290K (revenue +45.0% year-over-year).
- 2019: Revenue of $84K, expenses of $64K, and assets of $75K (revenue +111.9% year-over-year).
- 2018: Revenue of $40K, expenses of $43K, and assets of $53K (revenue -30.2% year-over-year).
- 2017: Revenue of $57K, expenses of $56K, and assets of $34K (revenue +8.9% year-over-year).
- 2016: Revenue of $52K, expenses of $58K, and assets of $31K (revenue -31.2% year-over-year).
- 2015: Revenue of $76K, expenses of $75K, and assets of $35K (revenue +43.1% year-over-year).
- 2014: Revenue of $53K, expenses of $44K, and assets of $31K (revenue +39.0% year-over-year).
- 2013: Revenue of $38K, expenses of $41K, and assets of $21K (revenue +6.4% year-over-year).
- 2012: Revenue of $36K, expenses of $31K, and assets of $21K (revenue +45.3% year-over-year).
- 2011: Revenue of $25K, expenses of $32K, and assets of $20K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Confraternity Of Penitents:
Data Sources and Methodology
This transparency report for Confraternity Of Penitents is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.