Civic Intelligence

The Dynamic Catholic Institute C/O Patrick Burke

990 • Fiscal year 2016 • EIN 26-4549213

Jan 01, 2016 to Dec 31, 2016 • Filed on May 12, 2017

901 Adams CrossingCincinnati, OH 45206

(859) 980-7900

Siviq Scores

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

Liabilities / Assets

26th percentile

0.07x

Higher debt load relative to assets than 26% of similar nonprofits.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2016

Liabilities / Revenue

21st percentile

0.10x

Higher debt load relative to revenue than 21% of similar nonprofits.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2016

Net Margin

76th percentile

14%

Higher net margin than 76% of similar nonprofits.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2016

Top Officer Pay

37th percentile

$200,690

Higher top officer pay than 37% of similar nonprofits.

Top officer pay equals 1.2% of source-year revenue.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2016

Asset Growth

18th percentile

-4.5%

Faster asset growth than 18% of similar nonprofits.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2015 to 2016

Revenue Growth

66th percentile

8.2%

Faster revenue growth than 66% of similar nonprofits.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2015 to 2016

Assets

Down

$25,390,764

Down $1,184,621 (-4.5%) from 2015

Net Assets

Up

$23,647,925

Up $2,389,681 (+11%) from 2015

Liabilities

Down

$1,742,839

Down $3,574,302 (-67%) from 2015

Revenue

Up

$17,009,531

Up $1,294,220 (+8.2%) from 2015

Expenses

Up

$14,619,850

Up $2,867,434 (+24%) from 2015

Net Income

Down

$2,389,681

Down $1,573,214 (-40%) from 2015

Historical Trend

Balance Sheet Trend

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

$60M$40M$20M$0Assets 2010: $175,004Liabilities 2010: $157,619Net Assets 2010: $17,3852010Assets 2011: $2,509,271Liabilities 2011: $2,258,802Net Assets 2011: $250,4692011Assets 2012: $2,940,885Liabilities 2012: $1,831,743Net Assets 2012: $1,109,1422012Assets 2013: $6,385,014Liabilities 2013: $1,848,481Net Assets 2013: $4,536,5332013Assets 2014: $18,664,834Liabilities 2014: $1,369,485Net Assets 2014: $17,295,3492014Assets 2015: $26,575,385Liabilities 2015: $5,317,141Net Assets 2015: $21,258,2442015Assets 2016: $25,390,764Liabilities 2016: $1,742,839Net Assets 2016: $23,647,9252016Assets 2017: $27,759,365Liabilities 2017: $2,125,632Net Assets 2017: $25,633,7332017Assets 2018: $28,134,545Liabilities 2018: $3,189,411Net Assets 2018: $24,945,1342018Assets 2019: $30,837,305Liabilities 2019: $2,452,245Net Assets 2019: $28,385,0602019Assets 2020: $37,712,567Liabilities 2020: $2,445,227Net Assets 2020: $35,267,3402020Assets 2021: $46,011,933Liabilities 2021: $4,052,818Net Assets 2021: $41,959,1152021Assets 2022: $49,471,883Liabilities 2022: $4,630,831Net Assets 2022: $44,841,0522022Assets 2023: $44,394,379Liabilities 2023: $4,275,031Net Assets 2023: $40,119,3482023Assets 2024: $47,851,574Liabilities 2024: $2,489,125Net Assets 2024: $45,362,4492024

Highlighted filing

2016

Assets$25,390,764
Liabilities$1,742,839
Net Assets$23,647,925

Operations Trend

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

$30M$20M$10M$0-$10MExpenses 2010: $323,6182010Expenses 2011: $1,693,8352011Expenses 2012: $4,555,9062012Revenue 2013: $9,328,372Expenses 2013: $5,900,981Net Income 2013: $3,427,3912013Revenue 2014: $18,186,966Expenses 2014: $5,428,150Net Income 2014: $12,758,8162014Revenue 2015: $15,715,311Expenses 2015: $11,752,416Net Income 2015: $3,962,8952015Revenue 2016: $17,009,531Expenses 2016: $14,619,850Net Income 2016: $2,389,6812016Revenue 2017: $19,906,290Expenses 2017: $17,920,482Net Income 2017: $1,985,8082017Revenue 2018: $22,173,533Expenses 2018: $22,862,132Net Income 2018: -$688,5992018Revenue 2019: $24,488,356Expenses 2019: $21,048,429Net Income 2019: $3,439,9272019Revenue 2020: $24,260,044Expenses 2020: $17,377,764Net Income 2020: $6,882,2802020Revenue 2021: $24,743,201Expenses 2021: $18,051,426Net Income 2021: $6,691,7752021Revenue 2022: $28,254,026Expenses 2022: $25,372,089Net Income 2022: $2,881,9372022Revenue 2023: $23,782,777Expenses 2023: $28,504,481Net Income 2023: -$4,721,7042023Revenue 2024: $27,519,507Expenses 2024: $22,276,406Net Income 2024: $5,243,1012024

Highlighted filing

2016

Revenue$17,009,531
Expenses$14,619,850
Net Income$2,389,681
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
May 12, 2017
Return Version
2016v3.0
Gross Receipts
$24,963,327
Mission and Program Overview

Mission

To re-energize the catholic church in america by developing world-class resources that inspire people to rediscover the genius of catholicism.

The dynamic catholic mission is to re-energize the catholic church in america by developing world-class resources that inspire people to rediscover the genius of catholicism.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$21,258,244--
Pledges and Grants Receivable$11,359,836$10,035,457▼ $1,324,379
Inventories for Sale or Use$6,110,596$7,189,197▲ $1,078,601
Savings and Temporary Cash Investments$4,222,301$3,316,289▼ $906,012
Cash and Non-Interest-Bearing Accounts$3,057,817$2,288,180▼ $769,637
Land, Buildings, and Equipment, Net$535,894$1,100,636▲ $564,742
Prepaid Expenses and Deferred Charges$245,026$492,636▲ $247,610
Accounts Receivable$500,445$459,935▼ $40,510
Intangible Assets$456,945$425,611▼ $31,334
Other Notes and Loans Receivable, Net$85,725$82,023▼ $3,702
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
Investments in Publicly Traded Securities$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$26,575,385$25,390,764▼ $1,184,621
Other Assets Total$800$800→ $0
Liabilities
Deferred Revenue$877,591$757,835▼ $119,756
Accounts Payable and Accrued Expenses$3,999,553$617,015▼ $3,382,538
Mortgage Notes Payable Secured by Investment Property$439,997$367,989▼ $72,008
Grants Payable$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$5,317,141$1,742,839▼ $3,574,302
Net Assets / Fund Balance
Unrestricted Net Assets$0$13,304,768▲ $13,304,768
Temporarily Rstr Net Assets$0$10,343,157▲ $10,343,157
Permanently Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$21,258,244$23,647,925▲ $2,389,681
Total Liabilities and Net Assets / Fund Balance$26,575,385$25,390,764▼ $1,184,621

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$644,816$233,056$877,872
Equipment$164,333$165,277$329,610
Other Land Buildings$291,487$29,807$321,294
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Allen HuntSenior AdvisorFT$186,413$14,277$200,690
John ShermanDirector of DevelopmentFT$179,313$18,883$198,196
John ChristensenDirector of Special InitiativeFT$147,954$16,456$164,410
Andrew KrummeDirector of Business ServicesFT$117,308$18,082$135,390
Steven LawsonDirector of CommunicationsFT$117,077$18,075$135,152
Tim KernanMajor Gift OfficerFT$110,000$17,863$127,863
Mark MooreDirector of MinistryFT$100,000$17,563$117,563
Matthew KellyPresidentFT$26$36,313$36,339

Board Members and Trustees

NameTitle
Patrick BurkeChairman
Brian CasterBoard Member
Frank HannaBoard Member
Lamar Hunt JrBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$11,740,584
Program Service Revenue
$2,699,761
Investment Income
$-22,374
Other Revenue
$2,591,560
All Other Contributions
$11,740,584
Change in Net Assets
$2,389,681

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded10$1,111,791Value at Gift Date
Other Non Cash Contri Table1$408,609Face Value
Total Noncash Contributions11$1,520,400-

Audited Revenue Reconciliation

Revenue per Audited Statements
$24,953,765
Revenue Not Reported on Financial Statements
$-7,944,234
Other Revenue Adjustments
$-7,944,234
Total Revenue per Audited Statements
$24,953,765
Total Revenue per Form 990
$17,009,531
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$9,220,762
Salaries, Compensation, and Employee Benefits$5,393,054
Total Fundraising Expense$2,347,586
Professional Fundraising Fees$5,909
Grants and Similar Amounts Paid$125

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,506,873$70,731$778,855$4,356,459
Office Expenses$2,063,411$53,293$472,650$2,589,354
Fees for Services Other$846,051$24,088$178,486$1,048,625
Occupancy$805,380$17,332$179,447$1,002,159
Information Technology$695,324$32,002$91,923$819,249
Other Employee Benefits$448,616$19,701$104,126$572,443
Travel$219,010$61,212$130,816$411,038
Payroll Taxes$285,786$-4,765$64,285$345,306
Depreciation Depletion$171,595$3,052$30,400$205,047
Pension Plan Contributions$96,046$1,958$20,816$118,820
Conferences and Meetings$41,037$20,418$26,702$88,157
Insurance$50,717$9,754$11,153$71,624
Advertising$56,044$1,512$326$57,882
Other Expenses$14,935$55$243,677$14,935
Fees for Services Legal$1,450$8,655-$10,105
Fees for Services Accounting-$8,600-$8,600
Fees for Services Professional Fundraising--$5,909$5,909
Grants to Domestic Orgs$75--$75
Grants to Domestic Individuals$50--$50
Current Officers, Directors, Trustees, and Key Employees$25$1-$26
Total Functional Expenses$11,944,665$327,599$2,347,586$14,619,850

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$22,564,084
Expenses per Audited Statements$14,619,850
Total Expenses per Form 990$14,619,850
Expenses Not Reported on Form 990$7,944,234
International Activity

International Summary

Spending
$8,070

International Compliance

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

International Activities

RegionActivityServicesOfficesEmployeesSpending
North AmericaProgram ServicesParish Book Program--$3,605
Europe (Including Iceland and Greenland)Program ServicesParish Book Program--$2,726
North AmericaProgram ServicesEvents--$1,739
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$5,909
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Beacon Publishing IncMatthew KellyInventoryNo$10,157,136
Olympic Blvd LLCMatthew KellyRentNo$568,872
Floyd Consulting IncMatthew KellyOutside ContractorNo$264,750
Arbor Tech LLCMatthew KellyRentNo$91,000

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
Audit committee
No
Backup withholding compliance
Yes
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

Form 990, Part VI, Section A, Line 2 - Family Realtionships

Matthew kelly and patrick burke - family relationship

Form 990, Part VI, Section A, Line 6 - Members

The members are matthew kelly, meggie kelly, and frank hanna.

Form 990, Part VI, Section A, Line 7A - Member Powers

Members have the power to appoint, elect or remove directors to the board of directors.

Form 990, Part VI, Section A, Line 7B - Members

The following duties and powers are reserved exclusively to the members: (a) to determine the philosophy and objectives of the dynamic catholic institute; (b) to adopt amendments to the articles of incorporation and bylaws; (c) to appoint, elect or remove directors to the board of directors; (d) to purchase, sell, lease, transfer or encumber any real or personal property of the dynamic catholic institute; (e) to affiliate, merge or consolidate the dynamic catholic institute with any other corporation; and (f) to dissolve the existence of the dynamic catholic institute as a corporation.

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

The organization engages an outside accounting firm to prepare its form 990. Once the form 990 is prepared by the accounting firm and reviewed by the leadership team, the final form is provided to the entire board of directors prior to filing. Questions and comments regarding the final form 990 are addressed prior to filing.

Form 990, Part VI, Section B, Line 12C - Conflict of Interest

Any director, principal officer or member of a committee with governing board delegated powers, who has a direct or indirect financial interest. In connection with any actual or possible conflict of interest, an interested person must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the directors and members of committees with governing board delegated powers considering the proposed transaction or arrangement.

Form 990, Part VI, Section C, Line 19 - Documents

The form 990 may be obtained by sending a written request to the organization.

Filing and Contact Details

Filer

Filer Name
The Dynamic Catholic Institute
EIN
26-4549213
In Care Of
% THE ORGANIZATION
Phone
8599807900
Address
901 ADAMS CROSSING, CINCINNATI, OH 45206

Signing Officer

Name
Matthew Kelly
Title
President
Phone
8599807900
Signed
2017-05-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Matthew Kelly
Formed
2009
Legal Domicile
Oh
Voting Board Members
6
Independent Board Members
4
Employees
107
Volunteers
2,010

Preparer

Firm
Bkd Llp
Address
312 WALNUT STREET SUITE 3000, CINCINNATI, OH 45202
Preparer
Aaron Hershberger
Phone
5136218300
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4A - Program Service Accomplishments

Dynamic catholic created the parish book program to make it possible for parishes and dioceses to distribute life-changing catholic books to parishioners during christmas and easter mass. Books are offered at $1-$2 per copy in order to provide a cost-efficient way to spread the new evangelization. Over 5,000 parishes have participated in this program, and we have distributed more than 16 million books. In 2016, over 2 million individuals received a book at their christmas mass. The parish book program acts as a catalyst to increase attendance and weekly offerings at parishes. We have found that parishes that have participated three years consecutively have seen a 9.1% increase in mass attendance and a 10.4% increase in sunday collections. The parish book program will continue to encourage people to become the best-versions-of-themselves as new and past parishes participate in the initiative. As a supplement to the parish book program, we assembled a team of parish champions - volunteers in parishes across the country - who are re-energizing their parishes with our free programs and resources. In 2016, we launched a second invite to our ambassador club members to become parish champions. Now, several hundred parishes have a parish champion, and we have received countless stories of the tremendous impact these resources have had on parishioners. We distributed over 400,000 books and cds throughout the year, and the parish champions have helped introduce best lent ever and best advent ever to thousands of new individuals, and teach, lead, serve to hundreds of new schools. Expenses: 4,428,719 grants: 125 revenue: 2,375,830

Form 990, Part III, Line 4B - Program Service Accomplishments

At dynamic catholic, we are committed to re-energizing the catholic church through the development of world-class resources that inspire catholics to rediscover the genius of catholicism. To that end, we are developing learning systems for ten quintessentially catholic moments. In 2014, dynamic catholic released decision point, our first catholic moments program. By 2016, decision point was being used in over half of the parishes in america. We continued our best lent ever and best advent ever programs, doubling the number of participants for each program relative to the previous year. Over 475,000 participants joined matthew and members of the staff for best lent ever, and over 327,000 participated in best advent ever. In october of 2016, we released our marriage preparation inventory free to every catholic in america. The better together inventory is a questionnaire designed to spark incredible conversations between engaged couples. In the first year, thousands of couples have signed up to utilize the inventory. Development for blessed, the first reconciliation and first communion experience, entered its final phase, setting the stage for release in 2017. Expenses: 4,370,443 grants: 0 revenue: 110,159

Form 990, Part III, Line 4C - Program Service Accomplishments

89% of catholics describe an event or experience as the trigger of their new spiritual commitment. At dynamic catholic, we are passionate about creating and delivering life-changing events and pilgrimages that help people to see their lives and faith in a whole new way. Expenses: 2,961,321 grants: 0 revenue: 2,748,565

Form 990, Part III, Line 4D - Other Program Services

The mission of christ renews his parish (crhp) is to bring renewal to parishes through an overnight two-day retreat. This retreat fosters a trigger moment that sparks parishioners deeper into their faith journey and parish life. It creates a powerful experience to help individuals understand what may be missing in their lives and what to do about it. This program has been started in over 1,400 parishes, impacting hundreds of thousands of individuals. Over the next decade, we plan to bring to crhp to thousands more parishes. In 2016, we began updating the content, design, brand and format of the materials and are in the process of piloting these new materials. Our main objectives are to update, professionalize, and distribute crhp in a more effective way. We want to help parishes easily implement and sustain crhp, and we are excited for what the future holds. Expenses: 184,182 grants: 0 revenue: 53,206

Financial Statement Notes

Part XI, Line 4B

Other changes cost of goods sold $(7,953,796) miscellaneous revenue 9,562 --------------------------------------------- total other changes $(7,944,234)

Part XII, Line 2D

Other changes cost of goods sold $(7,953,796) miscellaneous revenue 9,562 --------------------------------------------- total other changes $(7,944,234)

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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$47.9$2.49$45.4$27.5$22.3$5.24
2023Detailed filing. Detailed filing data is available for this year.$44.4$4.28$40.1$23.8$28.5$4.72
2022Detailed filing. Detailed filing data is available for this year.$49.5$4.63$44.8$28.3$25.4$2.88
2021Detailed filing. Detailed filing data is available for this year.$46.0$4.05$42.0$24.7$18.1$6.69
2020Detailed filing. Detailed filing data is available for this year.$37.7$2.45$35.3$24.3$17.4$6.88
2019Detailed filing. Detailed filing data is available for this year.$30.8$2.45$28.4$24.5$21.0$3.44
2018Detailed filing. Detailed filing data is available for this year.$28.1$3.19$24.9$22.2$22.9$0.69
2017Detailed filing. Detailed filing data is available for this year.$27.8$2.13$25.6$19.9$17.9$1.99
2016Detailed filing. Detailed filing data is available for this year.$25.4$1.74$23.6$17.0$14.6$2.39
2015Detailed filing. Detailed filing data is available for this year.$26.6$5.32$21.3$15.7$11.8$3.96
2014Detailed filing. Detailed filing data is available for this year.$18.7$1.37$17.3$18.2$5.43$12.8
2013Detailed filing. Detailed filing data is available for this year.$6.39$1.85$4.54$9.33$5.90$3.43
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.94$1.83$1.11$4.56
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.51$2.26$0.25$1.69
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.18$0.16$0.02$0.32
Peer Organizations

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