CATHOLIC FOUNDATION OF MICHIGAN Charity Report

Public IRS 990 nonprofit record

CATHOLIC FOUNDATION OF MICHIGAN

EIN 81-4107324 · Fund Raising & Fund Distribution - Religion (X12)

What they do

THE CATHOLIC FOUNDATION of MICHIGAN INSPIRES and UNITES CATHOLICS IN GIVING to THEIR FAITH COMMUNITY. WE ASSIST DONORS IN PROVIDING for THE LONG-TERM NEEDS of THE CATHOLIC MINISTRIES of SOUTHEAST MICHIGAN BY PROVIDING SOCIALLY/MORALLY RESPONSIBLE CHARITABLE TOOLS SUCH AS DONOR ADVISED FUNDS and ENDOWMENTS to BENEFIT PARISHES, SCHOOLS and NONPROFITS.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $90.00 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders36 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

85.16%of revenue went to mission work90.0% of expenses · Program services

0.47%of revenue went to fundraising0.5% of expenses

$94.67spent for every $100 of revenueRevenue covered expenses this year.

9.04%of revenue went to management and office costs9.5% of expenses

$6.58in assets for every $1 spent this yearSome assets cannot be spent right away.

81.6%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $184,517 for ANGELA MOLONEY (PRESIDENT & CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$8,719,246

Mission workProgram services$7,425,67085.16% of revenue90.0% of expenses

ManagementOffice and general costs$787,8869.04% of revenue9.5% of expenses

FundraisingAsking for donations$40,6210.47% of revenue0.5% of expenses

Revenue left after expensesReported annual surplus$465,0695.33% of revenueShown in gray on the chart

Total expenses$8,254,17794.67% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 90.0% mission · 9.5% management · 0.5% fundraisingTotal expenses: 94.67% of revenue

2023Expense mix: 87.9% mission · 11.9% management · 0.2% fundraisingTotal expenses: 65.96% of revenue

2022Expense mix: 92.4% mission · 7.5% management · 0.1% fundraisingTotal expenses: 36.14% of revenue

2021Expense mix: 87.3% mission · 12.4% management · 0.2% fundraisingTotal expenses: 31.50% of revenue

2020Expense mix: 85.8% mission · 13.9% management · 0.3% fundraisingTotal expenses: 70.49% of revenue

2019Expense mix: 83.9% mission · 15.5% management · 0.6% fundraisingTotal expenses: 17.56% of revenue

2018Expense mix: 83.9% mission · 15.4% management · 0.7% fundraisingTotal expenses: 24.91% of revenue

2017Expense mix: 45.6% mission · 33.3% management · 21.2% fundraisingTotal expenses: 5.44% of revenue

Money in and money out

Revenue$8,719,246

Expenses$8,254,177

Annual surplus $465,069 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$7,425,670 · 90.0% of expenses

Management and office costs$787,886 · 9.5% of expenses

Fundraising$40,621 · 0.5% of expenses

See all reported dollar amounts

Revenue$8,719,246

Expenses$8,254,177

Assets$54,339,838

Income$8,802,578

Contributions$7,111,943

Mission work (program services)$7,425,670

Fundraising$40,621

Grants given$23,078,795

Average grant$51,862

Management and general$787,886

Executive compensation (total)$162,692

Stocks and bonds$53,704,697

Accounting fees$38,315

Investing fees$356,434

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

ANGELA MOLONEYPRESIDENT & CEO · 40 hrs/week $184,517Base $139,217 · Other $45,300

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (36)

ANGELA MOLONEYPRESIDENT & CEO

REV JEFFREY DAYDIRECTOR

JIM KEYESDIRECTOR

JOHN HALEDIRECTOR

KAREN MERSINODIRECTOR

KATHLEEN MCCANNDIRECTOR

MARIA SCOTTDIRECTOR

MICHAEL MADISONDIRECTOR

MICHAEL VLASICDIRECTOR

MOST REV ALLEN VIGNERONDIRECTOR

PAT FEHRINGDIRECTOR

HARRY CENDROWSKITREASURER

ROSANNE BOMMARITO BRUGNONIDIRECTOR

SCOTT BENNETTDIRECTOR

STEFAN WANCZYKDIRECTOR

STEPHANIE QUESNELLEDIRECTOR

THOMAS FABBRIDIRECTOR

THOMAS SCHOLLERDIRECTOR

VINCE MASTRANGELODIRECTOR

DON KUNZSECRETARY

ANDREW SHMINADIRECTOR

ANTHONY SCHENADIRECTOR

BEVERLY BELTRAMODIRECTOR

BRIAN DEMKOWICZDIRECTOR

CATHERINE MCNAMARADIRECTOR

CHRIS ALLENCHAIR

CHRIS FERLITODIRECTOR

DANIEL WEINGARTZDIRECTOR

AARON WILKERSONDIRECTOR

DONALD ENGLEDIRECTOR

DOUG NOBLEDIRECTOR

FRANK MIGLIAZZODIRECTOR

FRANK RONEYDIRECTOR

GENE LOVASCODIRECTOR

GREGORY DEMARSVICE-CHAIR

GREGORY FISHERDIRECTOR

About this charity

Recognized since: January 2017
Location: 1145 W LONG LAKE RD STE 201, BLOOMFLD HLS, MI 48302-1363
County: Oakland
In care of: % CHRISTOPHER J DINE
Primary officer: ANGELA MOLONEY, PRESIDENT & CEO

How to reach them

WebsiteVisit the charity’s website Emailinfo@catholicfoundationmichigan.org Phone(248) 204-0332

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: BAKER TILLY ADVISORY GROUP LP
NTEE classification: Fund Raising & Fund Distribution - Religion (X12)
IRS tax category: Fund Raising & Fund Distribution
Grant-giving organization: Yes