Civic Intelligence

Michael Christ Family Trust

EIN 55-6120185 • 501(c)3 • Wheeling, WV

Profile

Support the Charitable, religious and educational purposes of the St. Joseph Cathedral and Parish, Central Catholic High School, the Sisters of St. Joseph Retirement Fund, and the Priests Health and Retirement Assoc for the Diocese of Wheeling-Charleston.

83 Edgington LaneWheeling, WV 26003

n/A

Siviq Scores

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

Liabilities / Assets

18th percentile

0.00x

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

501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

19th percentile

0.00x

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

501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

3rd percentile

-114%

Higher net margin than 3% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

22nd percentile

-4.9%

Faster asset growth than 22% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

10th percentile

-30%

Faster revenue growth than 10% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Up

$2,362,427

Up $178,389 (+8.2%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$2,362,427

Up $178,389 (+8.2%) from 2023

Revenue

Up

$387,715

Up $288,129 (+289%) from 2023

Expenses

Down

$209,326

Down $3,988 (-1.9%) from 2023

Net Income

Up

$178,389

Up $292,117 (+257%) from 2023

Trend Graphs

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2010: $2,470,307Liabilities 2010: $24,191Net Assets 2010: $2,446,1162010Assets 2011: $2,398,371Liabilities 2011: $0Net Assets 2011: $2,398,3712011Assets 2012: $2,444,157Liabilities 2012: $0Net Assets 2012: $2,444,1572012Assets 2013: $2,573,188Liabilities 2013: $0Net Assets 2013: $2,573,1882013Assets 2014: $2,480,315Liabilities 2014: $0Net Assets 2014: $2,480,3152014Assets 2015: $2,359,831Liabilities 2015: $0Net Assets 2015: $2,359,8312015Assets 2016: $2,391,412Liabilities 2016: $0Net Assets 2016: $2,391,4122016Assets 2017: $2,333,986Liabilities 2017: $0Net Assets 2017: $2,333,9862017Assets 2018: $2,363,295Liabilities 2018: $0Net Assets 2018: $2,363,2952018Assets 2019: $2,397,006Liabilities 2019: $0Net Assets 2019: $2,397,0062019Assets 2020: $2,367,260Liabilities 2020: $0Net Assets 2020: $2,367,2602020Assets 2021: $2,366,584Liabilities 2021: $0Net Assets 2021: $2,366,5842021Assets 2022: $2,297,766Liabilities 2022: $0Net Assets 2022: $2,297,7662022Assets 2023: $2,184,038Liabilities 2023: $0Net Assets 2023: $2,184,0382023Assets 2024: $2,362,427Liabilities 2024: $0Net Assets 2024: $2,362,4272024

Highlighted filing

2024

Assets$2,362,427
Liabilities$0
Net Assets$2,362,427

Operations Trend

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

$400K$200K$0-$200KExpenses 2010: $159,0962010Expenses 2011: $156,8972011Expenses 2012: $120,7112012Revenue 2013: $245,183Expenses 2013: $116,152Net Income 2013: $129,0312013Revenue 2014: $29,827Expenses 2014: $122,700Net Income 2014: -$92,8732014Revenue 2015: $10,180Expenses 2015: $130,664Net Income 2015: -$120,4842015Revenue 2016: $164,511Expenses 2016: $132,930Net Income 2016: $31,5812016Revenue 2017: $80,524Expenses 2017: $137,950Net Income 2017: -$57,4262017Revenue 2018: $189,275Expenses 2018: $159,966Net Income 2018: $29,3092018Revenue 2019: $214,222Expenses 2019: $180,511Net Income 2019: $33,7112019Revenue 2020: $157,322Expenses 2020: $187,068Net Income 2020: -$29,7462020Revenue 2021: $195,379Expenses 2021: $196,055Net Income 2021: -$6762021Revenue 2022: $141,414Expenses 2022: $210,232Net Income 2022: -$68,8182022Revenue 2023: $99,586Expenses 2023: $213,314Net Income 2023: -$113,7282023Revenue 2024: $387,715Expenses 2024: $209,326Net Income 2024: $178,3892024

Highlighted filing

2024

Revenue$387,715
Expenses$209,326
Net Income$178,389

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.36$0.00$2.36$0.39$0.21$0.18
2023Detailed filing. Detailed filing data is available for this year.$2.18$0.00$2.18$0.10$0.21$0.11
2022Detailed filing. Detailed filing data is available for this year.$2.30$0.00$2.30$0.14$0.21$0.07
2021Detailed filing. Detailed filing data is available for this year.$2.37$0.00$2.37$0.20$0.20$0.00
2020Detailed filing. Detailed filing data is available for this year.$2.37$0.00$2.37$0.16$0.19$0.03
2019Detailed filing. Detailed filing data is available for this year.$2.40$0.00$2.40$0.21$0.18$0.03
2018Detailed filing. Detailed filing data is available for this year.$2.36$0.00$2.36$0.19$0.16$0.03
2017Detailed filing. Detailed filing data is available for this year.$2.33$0.00$2.33$0.08$0.14$0.06
2016Detailed filing. Detailed filing data is available for this year.$2.39$0.00$2.39$0.16$0.13$0.03
2015Detailed filing. Detailed filing data is available for this year.$2.36$0.00$2.36$0.01$0.13$0.12
2014Detailed filing. Detailed filing data is available for this year.$2.48$0.00$2.48$0.03$0.12$0.09
2013Detailed filing. Detailed filing data is available for this year.$2.57$0.00$2.57$0.25$0.12$0.13
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.44$0.00$2.44$0.12
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.40$0.00$2.40$0.16
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.47$0.02$2.45$0.16
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jan 23, 2025
Return Version
2024v5.0
Gross Receipts
$794,268
Mission and Program Overview

Mission

To support the charitable, religious and educational purposes of the st. Joseph cathedral and parish, central catholic high school, wheeling catholic elememtary school, the sisters of st. Joseph retirement fund, and the priests health and retirement association for the diocese of wheeling-charleston.

Support the Charitable, religious and educational purposes of the St. Joseph Cathedral and Parish, Central Catholic High School, the Sisters of St. Joseph Retirement Fund, and the Priests Health and Retirement Assoc for the Diocese of Wheeling-Charleston.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cap Stk Tr Prin Current Funds$2,184,038$2,362,427▲ $178,389
Investments in Publicly Traded Securities$1,929,795$1,979,745▲ $49,950
Cash and Non-Interest-Bearing Accounts$160,743$209,182▲ $48,439
Savings and Temporary Cash Investments$93,500$173,500▲ $80,000
Total Assets$2,184,038$2,362,427▲ $178,389
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$2,184,038$2,362,427▲ $178,389
Total Liabilities and Net Assets / Fund Balance$2,184,038$2,362,427▲ $178,389
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$387,715
Other Revenue
$0
Change in Net Assets
$178,389
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$209,267
Other Expenses$59
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$209,267--$209,267
Fees for Services Other-$59-$59
Total Functional Expenses$209,267$59$0$209,326
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
St Joseph Cathedral ParishWheeling, WV-Religion$79,522
Central Catholic High SchoolWheeling, WV-Education$77,429
Priests Health & Retirement FundWheeling, WV-Religion$26,158
Sisters of St Joseph Retirement FndWheeling, WV-Religion$26,158
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

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Herndon Morton Herndon YaegerLegal CounselLegal accounting and tax servicesNo-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
Yes
Business relationship with family members
No
Business relationship with organization members
Yes
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

Officer directors etc family relationship Part VI line 2

William J. Yaeger, Jr., as a partner in the law firm of Herndon, Morton, Herndon & Yaeger, along with other attorneys and staff associated with the law firm, provide legal services to the Diocese of Wheeling-Charleston, which was controlled by the Most Rev. Mark E. Breenan, Bishop of the Diocese of Wheeling-Charleston.

Form 990 governing body review Part VI line 11

The Form 990 is made available to the Trustees prior to filing if available at a regular scheduled meeting before the due date. Otherwise, it is available at the next meeting.

Conflict of interest policy compliance Part VI line 12C

Each year all Trustees sign a new Conflict of Interest Statement which promotes discussion of how the policy could apply to any of the trustees and in the event a conflict is disclosed appropriate action is taken to protect the interests of the Trust.

CEO executive director top management comp Part VI line 15A

The Trust does not have employees. However, the compensation for legal and tax services is approved by all Trustees based upon their knowledge of prevailing rates in the area for similar professional services.

Other officer or key employee compensation Part VI line 15B

The Trust does not have employees. However, the compensation for legal and tax services is approved by all Trustees based upon their knowledge of prevailing rates in the area for similar professional services.

Governing documents etc available to public Part VI line 19

The Governing Documents and all information required to be made available to the public is available upon request during regular business hours at the office of one of the Trustees, William J. Yaeger, Jr., 83 Edgington Lane, Wheeling, WV 26003.

Filing and Contact Details

Filer

Filer Name
Michael Christ Family Trust
EIN
55-6120185
In Care Of
% Mark E Brennan
Phone
3042422300
Address
83 EDGINGTON LANE, Wheeling, WV 26003

Signing Officer

Name
Mark E Brennan Bishop
Title
Trustee
Phone
3042422300
Signed
2025-01-23
Discuss with paid preparer
No

Organization Details

Principal Officer
Mark E Brennan Bishop
Formed
1966
Legal Domicile
Wv
Voting Board Members
3
Independent Board Members
1
Employees
0

Preparer

Firm
Herndon Morton Herndon Yaeger
Address
83 Edgington Lane, Wheeling, WV 26003
Preparer
Robert J Krall
Phone
3042422300
Supplemental Narrative

Additional Explanations

Part III response or note to any other line in Part III

Form 990, Part III, Line 1, Description of Organization Mission:To support the charitable, religious and educational purposes of the St. Joseph Cathedral and Parish, Central Catholic High School, the Sisters of St. Joseph Retirement Fund, and the Priests Health and Retirement Association for the Diocese of Wheeling-Charleston

Raw XML AppendixShowing 400 of 429 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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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3Religion
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0St Joseph Cathedral Parish
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1Central Catholic High School
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2Priests Health & Retirement Fund
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3Sisters of St Joseph Retirement Fnd
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IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt01300 Eoff Street
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt114th Eoff Streets
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt2PO Box 230
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt3137 Mount St Joseph Rd
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Wheeling
IRS990ScheduleI/RecipientTable/USAddress/CityNm1Wheeling
IRS990ScheduleI/RecipientTable/USAddress/CityNm2Wheeling
IRS990ScheduleI/RecipientTable/USAddress/CityNm3Wheeling
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IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0Herndon Morton Herndon Yaeger
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0Legal Counsel
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IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0Legal accounting and tax services
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0William J. Yaeger, Jr., as a partner in the law firm of Herndon, Morton, Herndon & Yaeger, along with other attorneys and staff associated with the law firm, provide legal services to the Diocese of Wheeling-Charleston, which was controlled by the Most Rev. Mark E. Breenan, Bishop of the Diocese of Wheeling-Charleston.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Form 990 is made available to the Trustees prior to filing if available at a regular scheduled meeting before the due date. Otherwise, it is available at the next meeting.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Each year all Trustees sign a new Conflict of Interest Statement which promotes discussion of how the policy could apply to any of the trustees and in the event a conflict is disclosed appropriate action is taken to protect the interests of the Trust.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The Trust does not have employees. However, the compensation for legal and tax services is approved by all Trustees based upon their knowledge of prevailing rates in the area for similar professional services.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The Trust does not have employees. However, the compensation for legal and tax services is approved by all Trustees based upon their knowledge of prevailing rates in the area for similar professional services.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5The Governing Documents and all information required to be made available to the public is available upon request during regular business hours at the office of one of the Trustees, William J. Yaeger, Jr., 83 Edgington Lane, Wheeling, WV 26003.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Form 990, Part III, Line 1, Description of Organization Mission:To support the charitable, religious and educational purposes of the St. Joseph Cathedral and Parish, Central Catholic High School, the Sisters of St. Joseph Retirement Fund, and the Priests Health and Retirement Association for the Diocese of Wheeling-Charleston
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Officer directors etc family relationship Part VI line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other officer or key employee compensation Part VI line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Part III response or note to any other line in Part III
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0Diocese of Wheeling-Charleston
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt2Diocese of Wheeling-Charleston
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0Roman Catholic Diocese of Whg-Chrls
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1Central Catholic High School
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt2Priests Health & Retirement Assoc
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt3St Joseph Cathedral Parish
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0Religion
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt01300 Byron Street
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt114th Eoff Streets
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt2PO box 230
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt31300 Eoff Street
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0Wheeling
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1Wheeling
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
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