Civic Intelligence

Franciscan Works

990 • Fiscal year 2023 • EIN 23-7116589

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 15, 2024

PO Box 56007Chicago, IL 60656

(773) 809-4008

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

32nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Liabilities / Revenue

32nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Net Margin

22nd percentile

-12%

Higher net margin than 22% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Top Officer Pay

54th percentile

$0

Higher top officer pay than 54% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Asset Growth

39th percentile

-0.2%

Faster asset growth than 39% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Revenue Growth

49th percentile

7.2%

Faster revenue growth than 49% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Assets

Down

$910,488

Down $1,683 (-0.2%) from 2022

Net Assets

Down

$910,488

Down $1,065 (-0.1%) from 2022

Liabilities

Down

$0

Down $618 (-100%) from 2022

Revenue

Up

$420,154

Up $28,216 (+7.2%) from 2022

Expenses

Up

$472,559

Up $45,783 (+11%) from 2022

Net Income

Down

-$52,405

Down $17,567 (-50%) from 2022

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.0M$500K$0Assets 2012: $91,029Liabilities 2012: $285Net Assets 2012: $90,7442012Assets 2013: $129,352Liabilities 2013: $1,272Net Assets 2013: $128,0802013Assets 2014: $153,642Liabilities 2014: $4,128Net Assets 2014: $149,5142014Assets 2015: $155,680Liabilities 2015: $6,319Net Assets 2015: $149,3612015Assets 2016: $78,062Liabilities 2016: $77Net Assets 2016: $77,9852016Assets 2017: $121,171Liabilities 2017: $0Net Assets 2017: $121,1712017Assets 2018: $122,327Liabilities 2018: $0Net Assets 2018: $122,3272018Assets 2019: $269,782Liabilities 2019: $0Net Assets 2019: $269,7822019Assets 2020: $257,033Liabilities 2020: $0Net Assets 2020: $257,0332020Assets 2021: $946,391Liabilities 2021: $0Net Assets 2021: $946,3912021Assets 2022: $912,171Liabilities 2022: $618Net Assets 2022: $911,5532022Assets 2023: $910,488Liabilities 2023: $0Net Assets 2023: $910,4882023Assets 2024: $981,993Liabilities 2024: $0Net Assets 2024: $981,9932024

Highlighted filing

2023

Assets$910,488
Liabilities$0
Net Assets$910,488

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5M$1.0M$500K$0-$500KExpenses 2012: $446,5732012Revenue 2013: $495,235Expenses 2013: $457,899Net Income 2013: $37,3362013Revenue 2014: $514,036Expenses 2014: $492,602Net Income 2014: $21,4342014Revenue 2015: $568,717Expenses 2015: $568,870Net Income 2015: -$1532015Revenue 2016: $322,270Expenses 2016: $393,646Net Income 2016: -$71,3762016Revenue 2017: $408,190Expenses 2017: $365,004Net Income 2017: $43,1862017Revenue 2018: $364,823Expenses 2018: $363,667Net Income 2018: $1,1562018Revenue 2019: $516,651Expenses 2019: $369,196Net Income 2019: $147,4552019Revenue 2020: $391,983Expenses 2020: $405,856Net Income 2020: -$13,8732020Revenue 2021: $1,093,337Expenses 2021: $410,585Net Income 2021: $682,7522021Revenue 2022: $391,938Expenses 2022: $426,776Net Income 2022: -$34,8382022Revenue 2023: $420,154Expenses 2023: $472,559Net Income 2023: -$52,4052023Revenue 2024: $451,416Expenses 2024: $497,247Net Income 2024: -$45,8312024

Highlighted filing

2023

Revenue$420,154
Expenses$472,559
Net Income-$52,405
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 15, 2024
Return Version
2023v5.1
Gross Receipts
$688,485
Mission and Program Overview

Mission

To provide missionary support to poor children and orphans in Sub-Saharan Africa, Central America and the Carribean and elsewhere.

To provide missionary support to poor children and orphans in Sub-Saharan Africa, Central America, the Carribean and elsewhere

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$404,416$688,576▲ $284,160
Cash and Non-Interest-Bearing Accounts$133,044$221,698▲ $88,654
Savings and Temporary Cash Investments$374,710$214▼ $374,496
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$912,171$910,488▼ $1,683
Other Assets Total$1$0▼ $1
Liabilities
Accounts Payable and Accrued Expenses$618--
Total Liabilities$618$0▼ $618
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,812$907,421▲ $903,609
Net Assets With Donor Restrictions$907,741$3,067▼ $904,674
Total Net Assets Fund Balance$911,553$910,488▼ $1,065
Total Liabilities and Net Assets / Fund Balance$912,171$910,488▼ $1,683

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$404,213$220,684▲ $63,679-$688,576
2022-$400,000▲ $4,213-$404,213
Compensation and Service Providers

Board Members and Trustees

NameTitle
Joseph SehnertPresident
Fr Sumo Varfee MolumbaBoard Member
Miriam StachowskiBoard Member
Monica DesmondBoard Member
Quinn EideBoard Member
Kurt HeyrrmanMember
Danielle MoroneSecretary
Robert O'DwyerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$405,757
Program Service Revenue
$0
Investment Income
$14,397
Other Revenue
$0
All Other Contributions
$405,757
Change in Net Assets
$-52,405
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$389,537
Salaries, Compensation, and Employee Benefits$51,067
Total Fundraising Expense$45,944
Other Expenses$31,955
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$389,537--$389,537
Other Salaries and Wages$11,940$7,227$28,275$47,442
Insurance-$5,777-$5,777
Travel$4,265--$4,265
Payroll Taxes$716$752$2,157$3,625
Fees for Services Accounting-$3,480-$3,480
Other Expenses-$2,346$1,685$1,685
Advertising--$918$918
All Other Expenses$557$18-$575
Total Functional Expenses$407,015$19,600$45,944$472,559
International Activity

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

A draft of the From 990 is available for review by the Finance Committee for no less than two weeks prior to filing. It performs a top level review. Once the initial review is completed, a meeting is held to discuss any questions, comments and suggested revisions identified by the committee. Any changes are then made prior to finalizing the form 990.

Form 990, Part VI, Section B, Line 12C

Board members have instituted a procedure that each member must complete a Conflict of Interest Policy questionnaire annually.

Form 990, Part VI, Section B, Line 15A

A member of the Board has done research regarding reasonable pay including reviewing comparability data.

Form 990, Part VI, Section C, Line 19

The following documents of Franciscan Works will be available for inspection upon request: 1) Form 1023 Tax Exemption Application, 2) Articles of Incorporation, 3) By-Laws, 4) Form 990. The organization posts its annual report, Form 990 along with its conflict of interest, privacy and whistleblower policies on its website.

Filing and Contact Details

Filer

Filer Name
Franciscan Works
EIN
23-7116589
Phone
7738094008
Address
PO Box 56007, Chicago, IL 60656

Signing Officer

Name
Robert O'Dwyer
Title
Treasurer
Signed
2024-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robert O'Dwyer
Formed
1970
Legal Domicile
Wi
Voting Board Members
8
Independent Board Members
8
Employees
3

Preparer

Firm
Adducci Vega Financial Group LLC
Address
7808 WEST COLLEGE DRIVE STE 3W, PALOS HEIGHTS, IL 60463
Preparer
Jennifer Vega
Phone
7085943838
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IRS990/PYContributionsGrantsAmt0387264
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0370540
IRS990/PYInvestmentIncomeAmt04674
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt025518
IRS990/PYRevenuesLessExpensesAmt0-34838
IRS990/PYSalariesCompEmpBnftPaidAmt030718
IRS990/PYTotalExpensesAmt0426776
IRS990/PYTotalRevenueAmt0391938
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-52405
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0true
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0374710
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0214
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0405757
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0387264
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01087034
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0385547
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0516207
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02781809
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt012339
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt04674
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0203
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0334
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0444
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt017994
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt02058
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt06100
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt06102
IRS990ScheduleA/OtherIncome170Grp/TotalAmt014260
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.98850
IRS990ScheduleA/PublicSupportPY170Pct00.99350
IRS990ScheduleA/PublicSupportTotal170Amt02781809
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0405757
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0387264
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01087034
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0385547
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0516207
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02781809
IRS990ScheduleA/TotalSupportAmt02814063
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0404213
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt0220684
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0688576
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt063679
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt0400000
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0404213
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt04213
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/RelatedOrgListSchRInd0false
IRS990ScheduleD/TotalBookValueSecuritiesAmt0688576
IRS990ScheduleF/BoycottCountriesInd0false
IRS990ScheduleF/ForeignCorpOwnershipInd0false
IRS990ScheduleF/ForeignPartnershipInd0false
IRS990ScheduleF/GrantRecordsMaintainedInd0true
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt0405757
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt0Program Services
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt0Liberia Mission
IRS990ScheduleF/InterestInForeignTrustInd0false
IRS990ScheduleF/PassiveForeignInvestmestCoInd0false
IRS990ScheduleF/TotalOtherOrgCnt01
IRS990ScheduleF/TransferToForeignCorpInd0false
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A draft of the From 990 is available for review by the Finance Committee for no less than two weeks prior to filing. It performs a top level review. Once the initial review is completed, a meeting is held to discuss any questions, comments and suggested revisions identified by the committee. Any changes are then made prior to finalizing the form 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Board members have instituted a procedure that each member must complete a Conflict of Interest Policy questionnaire annually.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A member of the Board has done research regarding reasonable pay including reviewing comparability data.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The following documents of Franciscan Works will be available for inspection upon request: 1) Form 1023 Tax Exemption Application, 2) Articles of Incorporation, 3) By-Laws, 4) Form 990. The organization posts its annual report, Form 990 along with its conflict of interest, privacy and whistleblower policies on its website.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0912171
IRS990/TotalAssetsEOYAmt0910488
IRS990/TotalAssetsGrp/BOYAmt0912171
IRS990/TotalAssetsGrp/EOYAmt0910488
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0405757
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt045944
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt019600
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0407015
IRS990/TotalFunctionalExpensesGrp/TotalAmt0472559
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0618
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt0618
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0911553
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0910488
IRS990/TotalProgramServiceExpensesAmt0407015
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalRevenueGrp/ExclusionAmt012339
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02058
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0420154
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0912171
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0910488
IRS990/TravelGrp/ProgramServicesAmt04265
IRS990/TravelGrp/TotalAmt04265

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