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Religion : Religious Activities

Independent Catholic Foundation for the Diocese of Altoona-Johnstown

A gift to a permanent endowment for a parish, school, scholarship or ministry is a gift forever

four stars

95.91

3618 Fifth Avenue Suite One
Altoona, PA 16602
tel: (814) 201-2080   Web Site
EIN: 25-1625390

Board Leadership
Marty Marasco
Chair

CEO
Christopher Ringkamp
Chief Executive Officer

 
 
  Score
(out of 100) 		Rating
Overall Score & Rating 95.91 four stars
  Financial 95.84 four stars
  Accountability & Transparency 96.00 four stars
This rating was published 09/01/2020 and includes data from FY2019, the most recent 990 received at that time.
Why isn't this based on more recent data?

The Independent Catholic Foundation for the Diocese of Altoona-Johnstown, incorporated in 1990, is an independent entity - legally separate from the Diocese of Altoona-Johnstown - committed to the long-term strength and viability of Catholic institutions within the eight-county diocese. Among its overall goals and objectives, the Independent Catholic Foundation is to: provide a source through which donors can make living and testamentary gifts to benefit their charitable objectives and sustain the works of parishes, schools, agencies, ministries and outreach programs of the diocese and other Catholic entities supported by its donors; serve as a depository for charitable funds; invest according to a prudent policy that closely balances risk versus reward with safety and provides an adequate mix of investments.

The Independent Catholic Foundation for the Diocese of Altoona-Johnstown, incorporated in 1990, is an independent entity - legally separate from the Diocese of Altoona-Johnstown - committed to the long-term strength and viability of Catholic institutions within the eight-county diocese. Among its overall goals and objectives, the Independent Catholic Foundation is to: provide a source through which donors can make living and testamentary gifts to benefit their charitable objectives and sustain the works of parishes, schools, agencies, ministries and outreach programs of the diocese and other Catholic entities supported by its donors; serve as a depository for charitable funds; invest according to a prudent policy that closely balances risk versus reward with safety and provides an adequate mix of investments.

Impact Information

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GuideStar is Charity Navigator's trusted partner in sharing information on how this organization seeks impact.  GuideStar has recognized this organization with a Gold Seal of Transparency for voluntarily and publicly describing their goals, strategies, and accomplishments.  Learn More about Impact Information.
Charting Impact

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What are your strategies for making this happen?

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What have and haven't you accomplished so far?

GuideStar's Gold Seal of Transparency is earned by completing five questions around an organization's strategies, progress, and results, known as Charting Impact. Charting Impact encourages strategic thinking about how an organization intends to achieve its goals. The end result is a report that lets nonprofits share concise, detailed information about plans and progress with key stakeholders, including the public. This data is provided directly by nonprofits to GuideStar via their Nonprofit Profile.
This impact information is current as of August 2020, when it was provided to us by GuideStar. At this time, Impact information published on this organization's page has no effect on its rating per our methodology.

Learn more about how we calculate the overall score and rating.

Financial

four stars

95.84

Accountability & Transparency

four stars

96.00

This rating was published 09/01/2020 and includes data from FY2019, the most recent 990 received at that time.
Why isn't this based on more recent data?
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)		 79.2%
  Administrative Expenses 15.8%
  Fundraising Expenses 4.8%
  Fundraising Efficiency $0.05
  Working Capital Ratio (years) 8.01
  Program Expenses Growth 22.1%
  Liabilities to Assets 3.7%
All data for Financial Performance Metrics calculations was provided by Independent Catholic Foundation for the Diocese of Altoona-Johnstown on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Independent Catholic Foundation for the Diocese of Altoona-Johnstown on recent 990s filed with the IRS.
Information Provided on the Form 990  
  Independent Voting Board Members
  No Material diversion of assets
  Audited financials prepared by independent accountant
  Does Not Provide Loan(s) to or Receive Loan(s) From related parties
  Documents Board Meeting Minutes
  Provided copy of Form 990 to organization's governing body in advance of filing
  Conflict of Interest Policy
  Whistleblower Policy
  Records Retention and Destruction Policy
  CEO listed with salary
  Process for determining CEO compensation
  Board Listed / Board Members Not Compensated
Is the following information easily accessible on the charity's website?  
  Donor Privacy Policy
  Board Members Listed
  Audited Financials
  Form 990
  Key staff listed

Highly Rated

Charity Name & State Overall Score Overall Rating
Independent Catholic Foundation for the Diocese of Altoona-Johnstown (PA) 95.91 four stars
Freedom in Christ Ministries (TN) 92.38 four stars
Man in the Mirror (FL) 87.62 three stars
Officers' Christian Fellowship (CO) 92.91 four stars
Mission Arlington/Mission Metroplex (TX) 95.88 four stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $1,763,126
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $0
Total Contributions $1,763,126
   Program Service Revenue $0
Total Primary Revenue $1,763,126
   Other Revenue $1,627,115
TOTAL REVENUE $3,390,241
   
EXPENSES  
   Program Expenses $1,302,005
   Administrative Expenses $217,096
   Fundraising Expenses $85,552
TOTAL FUNCTIONAL EXPENSES $1,604,653
   
Payments to Affiliates $0
Excess (or Deficit) for the year $1,785,588
   
Net Assets $31,995,255

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Due to an error on this organization's Form 990, we are unable to display program information.

Ratings History
Independent Catholic Foundation for the Diocese of Altoona-Johnstown has received 9 consecutive 4-star ratings from Charity Navigator.

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2019-06 09/01/2020 95.91 four stars
2018-06 07/01/2019 96.73 four stars
2017-06 06/01/2018 96.69 four stars
2016-06 06/01/2017 92.99 four stars
2015-06 09/01/2016 92.31 four stars
2014-06 06/01/2016 90.52 four stars
 
CN 2.0
2014-06 10/01/2015 91.53 four stars
2013-06 08/01/2014 92.78 four stars
2012-06 08/01/2013 90.10 four stars
2011-06 05/01/2012 92.24 four stars
2010-06 09/20/2011 87.48 three stars
 
CN 1.0
2008-06 06/01/2009 92.05 four stars
2007-06 06/01/2008 89.45 three stars
2006-06 04/01/2007 86.22 three stars
2005-06 06/01/2006 79.24 two stars
2004-06 03/01/2005 79.36 two stars
2003-06 02/01/2004 89.25 three stars
2002-06 04/15/2003 86.17 three stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 25-1625390
Name in IRS Master File INDEPENDENT CATHOLIC FOUNDATION
NTEE Code X11
NTEE Classification Single Organization Support
NTEE Type Religion-Related, Spiritual Development
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (29) Other religious activities
(602) Gifts, grants, or loans to other organizations
Foundation Status Organizations operated solely for the benefit of and in conjunction with organizations described in 10 through 16 above.  509(a)(3)
Deductibility Contributions are deductible
Affiliation Central - the organization is a central type organization (no group exemption) of a National, Regional or Geographic grouping of organizations.
Group Name [Not Applicable]
Ruling Date October, 1992
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End June
IRS Forms 990
(provided courtesy of Foundation Center)		 (Log In or Register Now to View Forms 990!)
  • June, 2018
  • June, 2017
  • June, 2016
  • June, 2015
  • June, 2014
Compensation % of Expenses Paid to Title
None reported -- This organization did not report a CEO

Highly Rated

Charity Name & State Overall Score Overall Rating
Independent Catholic Foundation for the Diocese of Altoona-Johnstown (PA) 95.91 four stars
Nebraska Lutheran Outdoor Ministries (NE) 91.78 four stars
The Presidential Prayer Team (AZ) 90.44 four stars
Evangelistic Association of New England (NH) 90.21 four stars
YouthFront (KS) 88.56 three stars

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Charity Contact Info

Independent Catholic Foundation for the Diocese of Altoona-Johnstown
3618 Fifth Avenue
Suite One
Altoona, PA 16602
tel: (814) 201-2080
fax: (814) 201-2092
EIN: 25-1625390

Visit Web Site

Board Leadership

Marty Marasco
Chair

CEO

Christopher Ringkamp
Chief Executive Officer

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