The Catholic Association Foundation
The Catholic Association Foundation shows fluctuating annual revenues and expenses, with no reported officer compensation or liabilities.
EIN: 202387967 · Washington, DC · NTEE: X03 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $5.9M |
| Total Expenses | $8.2M |
| Program Spending | 80% |
| Net Assets | $505K |
| Transparency Score | 85/100 |
Is The Catholic Association Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Catholic Association Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Catholic Association Foundation
The Catholic Association Foundation (EIN: 202387967) is a nonprofit organization based in Washington, DC, classified under NTEE code X03. The organization reported total revenue of $5.9M and total assets of $479K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Catholic Association Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Catholic Association Foundation is a mid-size nonprofit that has been operating for 21 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 29.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $7.5M |
| Total Expenses | $8.2M |
| Surplus / Deficit | $-694,069 |
| Total Assets | $505K |
| Net Assets | $505K |
| Operating Margin | -9.2% |
| Months of Reserves | 0.7 months |
Financial Health Grade: C
In 2023, The Catholic Association Foundation reported a deficit of $694K with expenses exceeding revenue, holds 0.7 months of operating reserves (limited).
Financial Trends
Over 12 years of filings (2012–2023), The Catholic Association Foundation's revenue has grown at a compound annual growth rate (CAGR) of 29.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -24.7% | -9.6% | -57.9% |
| 2022 | +77.8% | +63.8% | +305.0% |
| 2021 | +2.1% | -4.6% | +30.5% |
| 2020 | -13.2% | -2.3% | -58.2% |
| 2019 | +10.3% | +3.4% | +235.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2005 |
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 The Catholic Association Foundation 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: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, The Catholic Association Foundation allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% 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 $694K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, which is highly unusual for an organization with multi-million dollar revenues and suggests that leadership may be uncompensated or compensated through a related entity not reflected in these specific 990s.
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 The Catholic Association Foundation's IRS 990 filings:
- Consistent 0% officer compensation reported, which is unusual for an organization of this size and revenue, potentially obscuring full compensation picture.
- Deficit spending in 2023 ($7,530,000 revenue vs. $8,224,069 expenses) indicates expenses exceeded income for that period.
Strengths
The following positive indicators were identified for The Catholic Association Foundation:
- Zero reported liabilities across all filings, indicating strong financial stability and no debt burden.
- Significant revenue growth over the past decade, demonstrating strong fundraising capabilities.
- Substantial asset base, peaking at over $1.1 million in 2022 and $505,174 in 2023, providing financial resilience.
Frequently Asked Questions about The Catholic Association Foundation
Is The Catholic Association Foundation a legitimate charity?
The Catholic Association Foundation (EIN: 202387967) is a registered tax-exempt nonprofit based in Washington DC. Our AI analysis gives it a Mission Score of 85/100. It has 12 years of IRS 990 filings on record. Total revenue: $5.9M. 2 red flags identified. 3 strengths noted. Financial health grade: C.
How does The Catholic Association Foundation spend its money?
The Catholic Association Foundation directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to The Catholic Association Foundation tax-deductible?
The Catholic Association Foundation is registered as a tax-exempt nonprofit (EIN: 202387967). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of The Catholic Association Foundation's spending goes to programs?
The Catholic Association Foundation directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does The Catholic Association Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), The Catholic Association Foundation is above average for NTEE category X03 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is The Catholic Association Foundation located?
The Catholic Association Foundation is headquartered in Washington, Washington DC and files with the IRS under EIN 202387967. It is classified under NTEE code X03.
How many years of IRS 990 filings does The Catholic Association Foundation have?
The Catholic Association Foundation has 12 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 $5.9M in total revenue.
Is The Catholic Association Foundation a good charity?
Based on the available data, the organization demonstrates strong financial stability with no reported liabilities and a history of significant revenue generation. The consistent reporting of 0% officer compensation is a unique aspect that could be viewed positively for efficiency, though it warrants further inquiry into how leadership is supported. Without a detailed breakdown of program vs. administrative spending, a full assessment of 'goodness' is limited, but the overall financial health appears robust.
How does The Catholic Association Foundation manage its debt?
The Catholic Association Foundation consistently reports $0 in liabilities across all available IRS 990 filings, indicating that the organization operates without debt or manages it so effectively that it does not appear on their annual statements.
What is the trend in The Catholic Association Foundation's revenue?
The organization's revenue has shown significant growth and fluctuation over the past decade, increasing from $635,400 in 2014 to a peak of $10,000,750 in 2022, before decreasing to $7,530,000 in 2023. This indicates a dynamic funding environment.
Why is officer compensation reported as 0%?
The IRS 990 filings consistently show 0% officer compensation. This could mean that the organization's officers are volunteers, or their compensation is paid by a related organization and not directly by The Catholic Association Foundation, which would require further investigation for complete understanding.
Filing History
IRS 990 filing history for The Catholic Association Foundation showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), The Catholic Association Foundation's revenue has grown by 1659.3%, moving from $428K to $7.5M. Total assets increased by 625.6% over the same period, from $70K to $505K. Total functional expenses rose by 2110.3%, from $372K to $8.2M. In its most recent filing year (2023), The Catholic Association Foundation reported a deficit of $694K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $7.5M | $8.2M | $505K | $0 | — | — |
| 2022 | $10.0M | $9.1M | $1.2M | $0 | — | View 990 |
| 2021 | $5.6M | $5.6M | $296K | $0 | — | View 990 |
| 2020 | $5.5M | $5.8M | $227K | $0 | — | View 990 |
| 2019 | $6.3M | $6.0M | $543K | $0 | — | View 990 |
| 2018 | $5.8M | $5.8M | $162K | $0 | — | View 990 |
| 2017 | $4.4M | $4.6M | $179K | $0 | — | View 990 |
| 2016 | $4.2M | $4.0M | $346K | $0 | — | View 990 |
| 2015 | $1.8M | $1.7M | $166K | $0 | — | View 990 |
| 2014 | $635K | $850K | $47K | $0 | — | View 990 |
| 2013 | $718K | $526K | $262K | $0 | — | View 990 |
| 2012 | $428K | $372K | $70K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $7.5M, expenses of $8.2M, and assets of $505K (revenue -24.7% year-over-year).
- 2022: Revenue of $10.0M, expenses of $9.1M, and assets of $1.2M (revenue +77.8% year-over-year).
- 2021: Revenue of $5.6M, expenses of $5.6M, and assets of $296K (revenue +2.1% year-over-year).
- 2020: Revenue of $5.5M, expenses of $5.8M, and assets of $227K (revenue -13.2% year-over-year).
- 2019: Revenue of $6.3M, expenses of $6.0M, and assets of $543K (revenue +10.3% year-over-year).
- 2018: Revenue of $5.8M, expenses of $5.8M, and assets of $162K (revenue +29.3% year-over-year).
- 2017: Revenue of $4.4M, expenses of $4.6M, and assets of $179K (revenue +5.9% year-over-year).
- 2016: Revenue of $4.2M, expenses of $4.0M, and assets of $346K (revenue +136.6% year-over-year).
- 2015: Revenue of $1.8M, expenses of $1.7M, and assets of $166K (revenue +179.4% year-over-year).
- 2014: Revenue of $635K, expenses of $850K, and assets of $47K (revenue -11.5% year-over-year).
- 2013: Revenue of $718K, expenses of $526K, and assets of $262K (revenue +67.8% year-over-year).
- 2012: Revenue of $428K, expenses of $372K, and assets of $70K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Catholic Association Foundation:
Data Sources and Methodology
This transparency report for The Catholic Association Foundation 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.