Civic Intelligence

Holy Cross Village Foundation Inc

EIN 26-3861889 • 501(c)3 • Notre Dame, IN

Profile

Holy cross village foundation inc is working to build long-term sustainable funding to provide support for the programs and services of holy cross village at notre dame inc. That may benefit and strengthen residents families and the general community.

54515 State Route 933 N PO Box 303Notre Dame, IN 46556-0303

https: holycrossvillage.org foundation

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

34th percentile

0.00x

Higher debt load relative to assets than 34% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

35th percentile

0.00x

Higher debt load relative to revenue than 35% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

99th percentile

99%

Higher net margin than 99% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

95th percentile

$183,470

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 55.4% of source-year revenue.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Asset Growth

14th percentile

-19%

Faster asset growth than 14% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

6th percentile

-49%

Faster revenue growth than 6% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets34th percentile

Assets

Down

$713,762

Down $166,489 (-19%) from 2023

Liabilities

Down

$25

Down $475 (-95%) from 2023

Net Assets

Down

$713,737

Down $166,014 (-19%) from 2023

Operations
Liabilities / Revenue35th percentileNet Margin99th percentile

Revenue

Down

$331,343

Down $323,725 (-49%) from 2023

Expenses

Up

$2,470

Up $1,963 (+387%) from 2023

Net Income

Down

$328,873

Down $325,688 (-50%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth14th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.5M$1.0M$500K$0Assets 2011: $1,215,573Liabilities 2011: $78,131Net Assets 2011: $1,137,4422011Assets 2012: $1,236,127Liabilities 2012: $31,227Net Assets 2012: $1,204,9002012Assets 2013: $1,236,634Liabilities 2013: $53,750Net Assets 2013: $1,182,8842013Assets 2014: $1,223,494Liabilities 2014: $65,222Net Assets 2014: $1,158,2732014Assets 2015: $1,206,400Liabilities 2015: $115,948Net Assets 2015: $1,090,4522015Assets 2016: $1,084,115Liabilities 2016: $5,231Net Assets 2016: $1,078,8842016Assets 2017: $1,386,053Liabilities 2017: $2,362Net Assets 2017: $1,383,6912017Assets 2018: $519,916Liabilities 2018: $456Net Assets 2018: $519,4602018Assets 2021: $943,811Liabilities 2021: $3,004Net Assets 2021: $940,8072021Assets 2022: $880,143Liabilities 2022: $9,740Net Assets 2022: $870,4032022Assets 2023: $880,251Liabilities 2023: $500Net Assets 2023: $879,7512023Assets 2024: $713,762Liabilities 2024: $25Net Assets 2024: $713,7372024

Highlighted filing

2024

Assets$713,762
Liabilities$25
Net Assets$713,737
Open 2024 Filing

Operations Trend

Revenue Growth6th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.5M$1.0M$500K$0-$500KExpenses 2011: $1,122,7792011Expenses 2012: $438,0792012Expenses 2013: $437,2792013Revenue 2014: $459,953Expenses 2014: $484,564Net Income 2014: -$24,6112014Revenue 2015: $448,257Expenses 2015: $520,476Net Income 2015: -$72,2192015Revenue 2016: $10,395Expenses 2016: $21,963Net Income 2016: -$11,5682016Revenue 2017: $333,156Expenses 2017: $28,349Net Income 2017: $304,8072017Revenue 2018: $242,688Expenses 2018: $11,294Net Income 2018: $231,3942018Revenue 2021: $777,482Expenses 2021: $149Net Income 2021: $777,3332021Revenue 2022: $211,853Expenses 2022: $44Net Income 2022: $211,8092022Revenue 2023: $655,068Expenses 2023: $507Net Income 2023: $654,5612023Revenue 2024: $331,343Expenses 2024: $2,470Net Income 2024: $328,8732024

Highlighted filing

2024

Revenue$331,343
Expenses$2,470
Net Income$328,873
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$713,762
Liabilities
$25
Net assets
$713,737
Revenue
$331,343
Expenses
$2,470
Net income
$328,873
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.71$0.00$0.71$0.33$0.00$0.33
2023Detailed filing. Detailed filing data is available for this year.$0.88$0.00$0.88$0.66$0.00$0.65
2022Detailed filing. Detailed filing data is available for this year.$0.88$0.01$0.87$0.21$0.00$0.21
2021Detailed filing. Detailed filing data is available for this year.$0.94$0.00$0.94$0.78$0.00$0.78
2018Detailed filing. Detailed filing data is available for this year.$0.52$0.00$0.52$0.24$0.01$0.23
2017Detailed filing. Detailed filing data is available for this year.$1.39$0.00$1.38$0.33$0.03$0.30
2016Detailed filing. Detailed filing data is available for this year.$1.08$0.01$1.08$0.01$0.02$0.01
2015Detailed filing. Detailed filing data is available for this year.$1.21$0.12$1.09$0.45$0.52$0.07
2014Detailed filing. Detailed filing data is available for this year.$1.22$0.07$1.16$0.46$0.48$0.02
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.24$0.05$1.18$0.44
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.24$0.03$1.20$0.44
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.22$0.08$1.14$1.12
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 13, 2025
Return Version
2023v6.0
Gross Receipts
$331,343
Mission and Program Overview

Mission

The Foundation is working to build long term sustainable funding from individuals, corporations and foundations in order to provide support for the programs and services of Holy Cross Village at Notre Dame, Inc. that may benefit and strengthen residents, families and the general community.

Holy cross village foundation inc is working to build long-term sustainable funding to provide support for the programs and services of holy cross village at notre dame inc. That may benefit and strengthen residents families and the general community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$672,202$640,999▼ $31,203
Cash and Non-Interest-Bearing Accounts$208,049$72,763▼ $135,286
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$880,251$713,762▼ $166,489
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$500$25▼ $475
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$500$25▼ $475
Net Assets / Fund Balance
Net Assets With Donor Restrictions$773,705$462,531▼ $311,174
Net Assets Without Donor Restrictions$106,046$251,206▲ $145,160
Total Net Assets Fund Balance$879,751$713,737▼ $166,014
Total Liabilities and Net Assets / Fund Balance$880,251$713,762▼ $166,489

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$104,663$0▲ $13,808$0$118,471
2022$100,360$0▲ $4,303$0$104,663
2021$113,215$0▼ $12,855$0$100,360
2020$85,007$0▲ $28,208$0$113,215
2019$86,246$0▼ $1,239$0$85,007
Compensation and Service Providers
Top Officer Pay95th percentile

Employees

NameTitleOtherTotal
Brandon KastnerVP and General Manager$175,312$175,312
Elizabeth HugeCFO$145,119$145,119

Board Members and Trustees

NameTitle
Br Joseph Fox CSCChairperson
Amanda White LazinskiDirector
Br James SpoonerDirector
Frank GrayDirector
Judy MelevageDirector
Ruby Fair-MillerDirector
Eileen ToneyDirector of Development
Jack MuellerExecutive Director
Thelma DonahueSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$293,144
Program Service Revenue
$0
Investment Income
$38,199
Other Revenue
$0
All Other Contributions
$276,144
Change in Net Assets
$328,873
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,470
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
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
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Part VI, Line 6

“Brothers of holy cross inc a related tax-exempt organization is the sole corporate member of holy cross village foundation inc”

Part VI, Line 7A

“| Class of the Person: Nature of their rights:| SOLE CORPORATE MEMBER BROTHERS OF HOLY CROSS INC HAS THE POWER TO APPOINT DIRECTORS FROM A SLATE OF NOMINEES PROVIDED BY THE NOMINATING COMMITTEE OF THE HOLY CROSS VILLAGE FOUNDATION BOARD. BROTHERS OF HOLY CROSS INC ALSO HAS POWER TO REMOVE DIRECTORS.|”

Part VI, Line 7B

“| Class of the Person: Decisions that require their approval: Nature of their rights:| SOLE CORPORATE MEMBER 1. APPROVE THE CORPORATIONS ANNUAL AND CAPITAL BUDGETS AND SIMILAR DOCUMENTS DEVELOPED BY THE BOARD. 2. APPROVE AMENDMENTS TO THE ARTICLES OF INCORPORATION BYLAWS AND SIMILAR GOVERNING DOCUMENTS OF THE CORPORATION. 3. APPROVE ANY MERGER CONSOLIDATION DISSOLUTION OR LIQUIDATION OF THE CORPORATION. 4. APPROVE THE ESTABLISHMENT TERMINATION TRANSFER OR OTHER ACQUISITION OR DISPOSITION OF ANY MAJOR MINISTRY WORK OR SIMILAR PROGRAM OF THE CORPORATION. BROTHERS OF HOLY CROSS INC HAVE RESERVE POWERS TO MAKE THESE DECISIONS.| SOLE CORPORATE MEMBER 5. APPROVE THE CREATION OF ANY NEW AFFILIATE OR ANY AFFILIATION OF THE CORPORATION WITH ANOTHER ENTITY. 6. APPROVE THE INCURRENCE OF INDEBTEDNESS. 7. ESTABLISH DOLLAR LIMITS BELOW WHICH THE BOARD MAY AUTHORIZE FINANCIAL EXPENDITURES WITHOUT THE REQUIREMENT OF APPROVAL BY THE MEMBER. 8. ESTABLISH DOLLAR LIMITS BELOW WHICH THE BOARD MAY AUTHORIZE LITIGATION SETTLEMENTS. BROTHERS OF HOLY CROSS INC HAVE RESERVE POWERS TO MAKE THESE DECISIONS.|”

Part VI, Line 11A

“A draft of the full form 990 was reviewed by key management prior to filing with the irs.”

Part VI, Line 11B

“A draft of the full form 990 was reviewed by key management prior to filing with the irs.”

Part VI, Line 12C

“Conflict of interest questionnaire is distributed to board members annually. The forms are then reviewed for any potential conflicts of interest. If any conflict exists the member is excused from voting on any issue related to the conflict.”

Part VI, Line 19

“Either a printed or pdf copy of the organizations governing documents conflict of interest policy and financial statements will be provided to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Holy Cross Village Foundation Inc
EIN
26-3861889
In Care Of
% Elizabeth Huge
Phone
5742871838
Address
54515 State Route 933 N PO Box 303, Notre Dame, IN 46556-0303

Signing Officer

Name
Elizabeth Huge
Title
Treasurer
Signed
2025-05-13

Organization Details

Formed
2008
Legal Domicile
In
Voting Board Members
8
Independent Board Members
8
Employees
0
Volunteers
0
Supplemental Narrative

Additional Explanations

Part XI, Line 9

“| Description:, Explanation:, Amount:| Net assets released from restriction and transferred to Holy Cross Village at Notre Dame Inc, Transfer of funds to Holy Cross Village at Notre Dame Inc based on satisfaction of donor restriction, $-494887|”

Financial Statement Notes

Part I to XII

“| PartandLinenumber:,Explanation:| Part V Line 4,INVESTMENT EARNINGS ON THIS PERMANENT ENDOWMENT MAY BE USED TO SUPPORT THE MISSION OF HOLY CROSS VILLAGE AT NOTRE DAME INC.|”

Raw XML AppendixShowing 400 of 778 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/MissionDesc0HOLY CROSS VILLAGE FOUNDATION INC IS WORKING TO BUILD LONG-TERM SUSTAINABLE FUNDING TO PROVIDE SUPPORT FOR THE PROGRAMS AND SERVICES OF HOLY CROSS VILLAGE AT NOTRE DAME INC. THAT MAY BENEFIT AND STRENGTHEN RESIDENTS FAMILIES AND THE GENERAL COMMUNITY.
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