Overview
What is Catholic Publishers Foundation Inc?
Catholic Publishers Foundation Inc is a nonprofit organization based in Elicott City, Maryland. Their primary mission is to engage Catholics in a lifelong habit of interacting with Catholic content and to prepare Catholic leaders for faithful witness and service in an ever-changing environment to spread the Gospel among individual Catholics. They achieve this by promoting the Catholic faith through published materials across various media. The foundation offers educational webinars for pastoral leaders, discussing relevant information that impacts their ministry. Additionally, they are developing a mentorship program to support and guide experienced Catholic publishing leaders. The Catholic Publishers Foundation's focus is on fostering the growth of Catholic leaders in the publishing field.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79%, Three-Star out of Four Star rating.
Catholic Publishers Foundation Inc has received a score of 79%, which reflects an overall assessment based solely on its Accountability & Finance metrics. This score indicates a solid commitment to responsible financial practices and governance, particularly highlighted by the perfect scores in areas such as majority independent board members, independent board size, and various policy implementations.
The organization excels in its program expense ratio, with an impressive 98.50%, suggesting that a significant portion of its resources is directed towards its charitable programs. However, the organization faces a substantial issue with its liabilities to assets ratio, which stands at 227.09%. This indicates potential financial vulnerability that may require attention to ensure long-term sustainability.
Overall, while Catholic Publishers Foundation Inc demonstrates commendable accountability and governance practices, the high liabilities relative to its assets raises concerns that stakeholders should consider when evaluating its financial health and operational stability.
This AI summary has been generated from information found on Charity Navigator.
Is Catholic Publishers Foundation Inc legitimate?
Catholic Publishers Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Catholic Publishers Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Catholic Publishers Foundation Inc?
Catholic Publishers Foundation Inc's mission is centered around engaging Catholics in a lifelong relationship with Catholic content, fostering the development of Catholic leaders, and preparing them for faith-filled witness and service in an evolving environment. The organization seeks to promote the Catholic faith through published materials that are accessible across various current and future media platforms. The ultimate goal is to spread the Gospel among individual Catholics.
Who is the CEO of Catholic Publishers Foundation Inc?
Therese Brown is the Treasurer of Catholic Publishers Foundation Inc.
What is the revenue of Catholic Publishers Foundation Inc?
Catholic Publishers Foundation Inc's revenue in 2021 was $1,153.
Who are the executives of Catholic Publishers Foundation Inc and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990 for Catholic Publishers Foundation Inc?
Catholic Publishers Foundation Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Catholic Publishers Foundation Inc
Catholic Publishers Foundation, in its mission, strives to engage Catholics in enduring habits of reading, listening to, and interacting with Catholic content. The organization aims to shape Catholic leaders, preparing them for faith-inspired witness and service in an ever-evolving environment. Their goal is to propagate the Catholic faith through published materials, making these resources accessible across all currently existing and emerging media channels. By doing so, Catholic Publishers Foundation contributes to the promotion of the Catholic faith, fostering a deepened connection among individual Catholics.
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Impact
October, 2024
Catholic Publishers Foundation Inc. significantly impacts the Catholic community by fostering a culture of engagement with Catholic content through reading, listening, and interaction. By focusing on the formation of pastoral leaders, the foundation prepares individuals for effective faith-filled witness and service in a rapidly changing environment, ensuring that the message of the Gospel reaches individuals more effectively.
Through various programs, including webinars led by experts in Catholic publishing, the foundation provides essential training and discussion opportunities for pastoral leaders. This professional development helps them navigate the complexities of their ministry, equipping them with the knowledge and tools needed to thrive and lead within the Catholic publishing sphere.
Additionally, the foundation's mentorship program aims to elevate and support emerging leaders, facilitating their growth within the Catholic publishing field. By doing so, it not only strengthens the leadership pool but also enhances the overall quality and outreach of Catholic materials available across multiple media platforms.
In essence, Catholic Publishers Foundation Inc. serves as a catalyst for promoting the Catholic faith, guiding individuals in their spiritual journey, and ensuring that impactful Catholic resources are accessible to the wider community.
This information is meant to be a general summary of Catholic Publishers Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2021.
- Investment Income: $3
- Program Service Revenue: $1,150
- Gross Receipts: $1,153
Assets and Liabilities:
- Total Assets: $33,954
- Total Liabilities: $77,109
- Net Assets: -$43,155
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEETING & EXHIBITS
Revenue
$1,150
Organization Details
Founding Year
2012
Phone
(410) 988-2926Principal Officer
Therese Brown
Main Address
PMB709 4725 DORSEY HALL DRIVE A, ELLICOTT CITY, MD, 21042
NTEE Category
Code: X11 - Religion related
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