Civic Intelligence

Precious Blood Spirituality Institute

EIN 87-3541202 • 501(c)3 • Chicago, IL

Profile

The Precious Blood Spirituality Institute seeks: *To facilitate and encourage all the collaborative efforts to promote Precious Blood spirituality and the charisms of the Precious Blood Communities in the Roman Catholic Church and the world. *To serve as a resource to the leadership teams of the Precious Blood congregations offering assistance as they foster the embodiment of the charism in the lives and ministry of their members. *To serve as a resource to all those who serve in ministry in the congregations of the Precious Blood communities as they seek to embody the charism in their ministry.

845 E Drexel SquareChicago, IL 60615

pbspiritualityinstitute.org

Siviq Scores

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

Liabilities / Assets

90th percentile

0.88x

Higher debt load relative to assets than 90% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Liabilities / Revenue

98th percentile

19.95x

Higher debt load relative to revenue than 98% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Net Margin

84th percentile

38%

Higher net margin than 84% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Top Officer Pay

19th percentile

$75,494

Higher top officer pay than 19% of similar nonprofits.

Top officer pay equals 15.0% of source-year revenue.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Asset Growth

66th percentile

9.5%

Faster asset growth than 66% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2024 to 2025

Revenue Growth

80th percentile

35%

Faster revenue growth than 80% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2024 to 2025

Assets

Up

$11,472,381

Up $991,781 (+9.5%) from 2024

Liabilities

Up

$10,059,225

Up $1,302 (+0.0%) from 2024

Net Assets

Up

$1,413,156

Up $990,479 (+234%) from 2024

Revenue

Up

$504,109

Up $130,002 (+35%) from 2024

Expenses

Up

$314,804

Up $18,143 (+6.1%) from 2024

Net Income

Up

$189,305

Up $111,859 (+144%) from 2024

Trend Graphs

Balance Sheet Trend

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

$15M$10M$5.0M$0-$5.0MAssets 2022: $8,766,407Liabilities 2022: $10,000,000Net Assets 2022: -$1,233,5932022Assets 2023: $9,645,354Liabilities 2023: $10,000,000Net Assets 2023: -$354,6462023Assets 2024: $10,480,600Liabilities 2024: $10,057,923Net Assets 2024: $422,6772024Assets 2025: $11,472,381Liabilities 2025: $10,059,225Net Assets 2025: $1,413,1562025

Highlighted filing

2025

Assets$11,472,381
Liabilities$10,059,225
Net Assets$1,413,156

Operations Trend

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

$800K$600K$400K$200K$0Revenue 2022: $604,671Expenses 2022: $52,768Net Income 2022: $551,9032022Revenue 2023: $458,320Expenses 2023: $253,434Net Income 2023: $204,8862023Revenue 2024: $374,107Expenses 2024: $296,661Net Income 2024: $77,4462024Revenue 2025: $504,109Expenses 2025: $314,804Net Income 2025: $189,3052025

Highlighted filing

2025

Revenue$504,109
Expenses$314,804
Net Income$189,305

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Dec 15, 2025
Return Version
2024v5.1
Gross Receipts
$504,109
Mission and Program Overview

Mission

The Precious Blood Spirituality Institute seeks: *To facilitate and encourage all the collaborative efforts to promote Precious Blood spirituality and the charisms of the Precious Blood Communities in the Roman Catholic Church and the world. *To serve as a resource to the leadership teams of the Precious Blood congregations offering assistance as they foster the embodiment of the charism in the lives and ministry of their members. *To serve as a resource to all those who serve in ministry in the congregations of the Precious Blood communities as they seek to embody the charism in their ministry.

The Precious Blood Spirituality Institute PBSI was organized exclusively for religious charitable and educational purposes. PBSI was organized to facilitate the collaborative efforts of the Members congregations to share their charism in the Roman Catholic Church and the world to be a resource to the leadership teams of the Members congregations as they foster the embodiment of the charism in the lives and ministries of their members to be a resource to other ministries of the Members congregations as they seek to embody the charism of their ministry to collaborative with Catholic Theological Union in the creation and ongoing ministry of the PBSI and to do all things which may be useful necessary convenient expedient or incident in the attainment or furtherance of the purposes of PBSI.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$10,385,515$11,379,912▲ $994,397
Cash and Non-Interest-Bearing Accounts$95,085$92,469▼ $2,616
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$10,480,600$11,472,381▲ $991,781
Other Assets Total$0$0→ $0
Liabilities
Other Liabilities$10,000,000$10,000,000→ $0
Accounts Payable and Accrued Expenses$57,923$59,225▲ $1,302
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$10,057,923$10,059,225▲ $1,302
Net Assets / Fund Balance
Net Assets With Donor Restrictions$422,677$1,413,156▲ $990,479
Net Assets Without Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$422,677$1,413,156▲ $990,479
Total Liabilities and Net Assets / Fund Balance$10,480,600$11,472,381▲ $991,781

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$10,385,515$0▲ $1,329,061$-310,000$11,379,912
2023$9,551,531$0▲ $1,098,568$-240,000$10,385,515
2022$8,619,175$0▲ $952,901$0$9,551,531
2021$0$10,000,000▼ $1,372,567$0$8,619,175
2020$0$0→ $0$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Victoria OttoPresidentFT$75,494$75,494

Board Members and Trustees

NameTitle
Diana RawlingsChair Person
Barbara Jean FranklinBoard Director
David KellyBoard Director
Karen ElliottBoard Director
Joni BelfordSecretary
Philip HartkeTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$885
Program Service Revenue
$0
Investment Income
$503,224
Other Revenue
$0
All Other Contributions
$885
Change in Net Assets
$189,305
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$166,422
Salaries, Compensation, and Employee Benefits$94,370
Other Expenses$54,012
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$166,422--$166,422
Current Officers, Directors, Trustees, and Key Employees$0$78,138$0$78,138
Travel$0$18,374$0$18,374
Conferences and Meetings$0$10,358$0$10,358
Advertising$0$8,461$0$8,461
Other Employee Benefits$0$7,597$0$7,597
Office Expenses$0$6,110$0$6,110
Payroll Taxes$0$5,621$0$5,621
Pension Plan Contributions$0$3,014$0$3,014
Insurance$0$2,200$0$2,200
Information Technology$0$1,805$0$1,805
Total Functional Expenses$172,255$142,549$0$314,804
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Robert J Schreiter Institute of Catholic Theological UnionChicago, IL501(c)(3)Subsidy for operating expenses$166,422
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payable to Related Third Parties$10,000,000
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
Yes
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

Not for profit corporation with members.

Part VI, Line 7A

Members have the power to approve or remove Board of Directors including the Executive Director

Part VI, Line 7B

The members of the corporation shall have the following reserved powers: a to adopt alter amend and repeal statements of mission philosophy or purpose of the Institute; and b to adopt amend or repeal the by-laws of the corporation. In addition action by the Board of Directors of the corporation upon any of the following matters can be authorized only by and shall be effective only upon the assent of the Members; a to amend or repeal the Articles of Incorporation of the corporation; b to authorize the borrowing of money by the corporation; c to authorized the sale lease purchase mortgage or transfer of any of the corporations real property or a sale of all or substantially all of the assets of the corporation; d to authorize the corporations adoption of any plan or merger consolidation or dissolution; e to authorize the corporations formal affiliation with another entity; f to authorize the settlement of any litigation arbitration or other similar proceeding by the corporation; g to engage any investment manager to manage and invest the corporations funds; and h to hire an Executive Director establish the terms and conditions of employment for such Executive Director and to terminate contract if needed.

Part VI, Line 11B

The Executive Director and the Treasurer work collaboratively to complete the form 990. The Form 990 is distributed electronically to the Board of Directors and Members upon its reception by the Internal Revenue Service.

Part VI, Line 15

The Board of Directors met in executive session on Tuesday April 29 2025 and reviewed the performance of the Executive Director throughout the year. At the conclusion of their meeting on June 16 2025 the Board finalized a pay increase for the next fiscal year 2025-2026.

Part VI, Line 19

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Precious Blood Spirituality Institute
EIN
87-3541202
Phone
7734516710
Address
845 E Drexel Square, Chicago, IL 60615

Signing Officer

Name
Victoria Otto
Title
President
Phone
7734516710
Signed
2025-12-15

Organization Details

Principal Officer
Victoria Otto
Formed
2021
Legal Domicile
Il
Voting Board Members
7
Independent Board Members
5
Employees
1
Volunteers
6
Supplemental Narrative

Additional Explanations

Doing Business As Names

Precious Blood Spirituality Institute

Financial Statement Notes

Part I to XII

| PartandLinenumber:,Explanation:| Part V Line 4,The intended use of the endowment funds for the Precious Blood Spirituality Institute is to pay for the entire annual operating expenses of the organization.|

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IRS990/MissionDesc0The Precious Blood Spirituality Institute seeks: *To facilitate and encourage all the collaborative efforts to promote Precious Blood spirituality and the charisms of the Precious Blood Communities in the Roman Catholic Church and the world. *To serve as a resource to the leadership teams of the Precious Blood congregations offering assistance as they foster the embodiment of the charism in the lives and ministry of their members. *To serve as a resource to all those who serve in ministry in the congregations of the Precious Blood communities as they seek to embody the charism in their ministry.
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