Civic Intelligence

Ministry Training Source

990EZ • Fiscal year 2021 • EIN 43-1895586

Jan 01, 2021 to Dec 31, 2021 • Filed on Jun 26, 2022

Organization Profilewww.ministrytrainingsource.org
501 Bath StreetMetairie, LA 70001

(417) 693-1882

Siviq Scores

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

Liabilities / Assets

53rd percentile

0.00x

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

54th percentile

0.00x

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

24th percentile

-11%

Higher net margin than 24% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

99th percentile

$59,500

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 43.6% of source-year revenue.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

5th percentile

-67%

Faster asset growth than 5% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

52nd percentile

5.6%

Faster revenue growth than 52% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets53rd percentile

Assets

Down

$7,605

Down $15,290 (-67%) from 2020

Net Assets

Down

$7,605

Down $15,290 (-67%) from 2020

Liabilities

Flat

$0

Flat from 2020

Revenue And Expenses
Liabilities / Revenue54th percentileNet Margin24th percentile

Revenue

Up

$136,570

Up $7,241 (+5.6%) from 2020

Expenses

Up

$151,860

Up $45,322 (+43%) from 2020

Net Income

Down

-$15,290

Down $38,081 (-167%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth5th percentile

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

$30K$20K$10K$0Assets 2013: $3,703Net Assets 2013: $3,7032013Assets 2014: $13,774Net Assets 2014: $13,7742014Assets 2018: $1,855Liabilities 2018: $0Net Assets 2018: $1,8552018Assets 2019: $104Liabilities 2019: $0Net Assets 2019: $1042019Assets 2020: $22,895Liabilities 2020: $0Net Assets 2020: $22,8952020Assets 2021: $7,605Liabilities 2021: $0Net Assets 2021: $7,6052021Assets 2022: $3,268Liabilities 2022: $0Net Assets 2022: $3,2682022Assets 2023: $3,251Liabilities 2023: $0Net Assets 2023: $3,2512023Assets 2024: $3,387Liabilities 2024: $0Net Assets 2024: $3,3872024

Highlighted filing

2021

Assets$7,605
Liabilities$0
Net Assets$7,605
Open 2021 Filing

Operations Trend

Revenue Growth52nd percentile

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

$200K$150K$100K$50K$0-$50KRevenue 2013: $52,099Expenses 2013: $56,377Net Income 2013: -$4,2782013Revenue 2014: $48,019Expenses 2014: $49,101Net Income 2014: -$1,0822014Revenue 2018: $126,074Expenses 2018: $129,584Net Income 2018: -$3,5102018Revenue 2019: $86,858Expenses 2019: $88,609Net Income 2019: -$1,7512019Revenue 2020: $129,329Expenses 2020: $106,538Net Income 2020: $22,7912020Revenue 2021: $136,570Expenses 2021: $151,860Net Income 2021: -$15,2902021Revenue 2022: $114,648Expenses 2022: $118,985Net Income 2022: -$4,3372022Revenue 2023: $75,805Expenses 2023: $75,822Net Income 2023: -$172023Revenue 2024: $76,269Expenses 2024: $76,133Net Income 2024: $1362024

Highlighted filing

2021

Revenue$136,570
Expenses$151,860
Net Income-$15,290
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Jun 26, 2022
Return Version
2021v4.0
Gross Receipts
$136,570
Mission and Program Overview

Mission

Educating ministry leaders

To research, consult, and educate those non-clergy persons who serve in ministry in the Catholic Church primarily although not exclusively with youth and young adults, at no or low cost to the parishes, dioceses, seminaries, universities, and national organizations.

Program Services

DescriptionGrantsExpenses
We assisted Saint Meinrad Seminary and College in assessing its Young Adult Ministry Insitute. Producing a report that will help the field of Catholic young adult ministry.$15,000$15,000
We worked with the Center for FaithJustice in assessing their new model for ministry with Catholic youth through interview youth and mentors. Findings were presented to their advisory board.$8,000$8,000
We have helped the Paulist Fathers develop the Catholic Discipleship Profile which will help thousands of Catholics to examine their discipleship behaviors and grow in faith.$8,000$8,000
Compensation and Service Providers
Top Officer Pay99th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Charlotte McCorquodalePresident & ConsultantFT$59,500-$59,500
Joe WeyersBoard Member/ConsultantFT$31,760-$31,760
Vikki SheppChairman Of The Board-$0--
Paul KotlowskiBoard Member-$0--
Kathy CarverBoard Member-$0--
Patrick DonovanBoard Member-$0--
Bruce BaumgartenBoard Member-$0--
Jeannie Bross-JudgeBoard Member-$0--
Rey GustamanteBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Ministry Training Source
EIN
43-1895586
Phone
4176931882
Address
501 Bath Street, Metairie, LA 70001

Signing Officer

Name
Charlotte McCorquodale
Title
President
Phone
4176931882
Signed
2022-06-26
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16

“Description;Amount^Continuing Education;1447|Client Program and Development;2205|Membership Dues;621|Insurance;704|Books and Resources;58|Office supplies;368|Software and Technology;2580|Client Travel Expenses;15586|Program Supplies;1543|Staff Meetings and Travel;2538|Transcription Services;3941|Bank Fees;164^Total;31755^”

Raw XML Appendix208 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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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Metairie
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Kathy Carver
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5Patrick Donovan
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6Bruce Baumgarten
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7Jeannie Bross-Judge
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8Rey Gustamante
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President & Consultant
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Chairman of the Board
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Board Member/Consultant
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8Board Member
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt031755
IRS990EZ/OtherRevenueTotalAmt00
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0To research, consult, and educate those non-clergy persons who serve in ministry in the Catholic Church primarily although not exclusively with youth and young adults, at no or low cost to the parishes, dioceses, seminaries, universities, and national organizations.
IRS990EZ/PrintingPublicationsPostageAmt0221
IRS990EZ/ProgramServiceRevenueAmt0116428
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0We assisted Saint Meinrad Seminary and College in assessing its Young Adult Ministry Insitute. Producing a report that will help the field of Catholic young adult ministry.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1We worked with the Center for FaithJustice in assessing their new model for ministry with Catholic youth through interview youth and mentors. Findings were presented to their advisory board.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2We have helped the Paulist Fathers develop the Catholic Discipleship Profile which will help thousands of Catholics to examine their discipleship behaviors and grow in faith.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt015000
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt18000
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt28000
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt015000
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IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
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IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt0151860
IRS990EZ/TotalProgramServiceExpensesAmt031000
IRS990EZ/TotalRevenueAmt0136570
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IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.ministrytrainingsource.org
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt020142
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt09263
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt03060
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt03291
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt035756
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0116428
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0120066
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt084093
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IRS990ScheduleA/InvestmentIncomePYPct00
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt087153
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0126074
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/Total509Grp/TotalAmt0479126
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0136570
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0129329
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt087153
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0126074
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0479126
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description;Amount^Continuing Education;1447|Client Program and Development;2205|Membership Dues;621|Insurance;704|Books and Resources;58|Office supplies;368|Software and Technology;2580|Client Travel Expenses;15586|Program Supplies;1543|Staff Meetings and Travel;2538|Transcription Services;3941|Bank Fees;164^Total;31755^
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16
ReasonableCauseExplanation/ExplanationTxt0As President of the organization, I have been dealing with several health problems this year related to which have put me behind in all of my work. I have also experienced a glitch with this filing software that took a number of weeks to resolve. I deeply apologize for the delay getting the taxes done and will accept any late fee imposed.
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL2
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/LastSubmissionRqrOOBCd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd011
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd01
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Charlotte McCorquodale
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum04176931882
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-06-26
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MINISTRY TRAINING SOURCE
ReturnHeader/Filer/BusinessNameControlTxt0MINI
ReturnHeader/Filer/EIN0431895586
ReturnHeader/Filer/PhoneNum04176931882
ReturnHeader/Filer/USAddress/AddressLine1Txt0501 Bath Street
ReturnHeader/Filer/USAddress/CityNm0Metairie
ReturnHeader/Filer/USAddress/StateAbbreviationCd0LA
ReturnHeader/Filer/USAddress/ZIPCd070001
ReturnHeader/ReturnTs02022-07-19T15:34:16-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$7,605
Liabilities
$0
Net assets
$7,605
Revenue
$136,570
Expenses
$151,860
Net income
-$15,290
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.03$0.00$0.03$0.76$0.76$0.00
2023Detailed filing. Detailed filing data is available for this year.$0.03$0.00$0.03$0.76$0.76$0.00
2022Detailed filing. Detailed filing data is available for this year.$0.03$0.00$0.03$1.15$1.19$0.04
2021Detailed filing. Detailed filing data is available for this year.$0.08$0.00$0.08$1.37$1.52$0.15
2020Detailed filing. Detailed filing data is available for this year.$0.23$0.00$0.23$1.29$1.07$0.23
2019Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.87$0.89$0.02
2018Detailed filing. Detailed filing data is available for this year.$0.02$0.00$0.02$1.26$1.30$0.04
2014Detailed filing. Detailed filing data is available for this year.$0.14$0.14$0.48$0.49$0.01
2013Detailed filing. Detailed filing data is available for this year.$0.04$0.04$0.52$0.56$0.04
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2021 filings • 501(c)3 • <$500k nonprofits