Jesuit Collaborative EIN 20-4996463

Jesuit Collaborative FY2021 filing

EIN  20-4996463 Religious organization Weston, MA
Form 990 (PDF)
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Size
$1–10M
What they do
Promotes Ignatian spirituality through networking, reflection, and learning.
Leadership
Money in and out
$1.0M revenue, $1.1M expenses
Bottom line
63% program efficiency

Promotes Ignatian spirituality through networking, reflection, and learning. For fiscal year 2021 it reported $1.0M in revenue, $1.1M in expenses, and $432K in net assets.Pt I

Where the money goes · FY2021
Total revenue
$1.0M
Pt VIII · Ln 12
Total expenses
$1.1M
Pt IX · Ln 25
Net assets
$432K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$77K
Where spending went · Part IX cols B–D
Program services $0.63 Management & general $0.18 Fundraising $0.19
Program efficiency
63%
of spending reaches programs
Operating runway
6.0mo
months of highly liquid reserves at operating expense rate
Surplus margin
-7%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$1.0M
FY2021▼ -5%
Expenses
$1.1M
FY2021▲ +4%
Total assets
$563K
FY2021▲ +5%
Total liabilities
$132K
FY2021▲ +175%
Total revenue
$1.0M
Pt VIII · Ln 12
Total expenses
$1.1M
Pt IX · Ln 25
Net assets
$432K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$77K
Total assetsPt X · Ln 16$563K
Program-expense ratioPt IX · col B63%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 43
Mission & Programs · Part III

Where the work happens

3 program services account for $702K of program spending, described in the organization's own filed words · FY2020.
01

Building Communities and Networks Young Adult Ministry

Office of ignatian spirituality ("ois") provides a variety of programs to people between the ages of 22 and 35. These include contemplative leaders in action, charis retreats, and jesuit connections. These programs build a community of young adults seeking to engage their faith more deeply through the iganatian tradition.

$453Kprogram expense
02

Training and formation using a variety of means, ois fosters the professional identity of those engaged in ignatian ministries, with special emphasis on the initial and on-going formation of those who would be spiritual directors.

$134Kprogram expense
03

Opportunities for exercises ois develops a menu of opportunities for the people of god to partake in the spiritual exercises of ST. Ignatius, making renewed use of current programs at retreat houses and parish-based ministries, and creating new programs to meet emerging needs.

$114Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CJesuit Collaborative
EINHdr · item D20-4996463
Principal addressHdr · item CWeston, MA
WebsiteHdr · item Jwww.jesuitseastois.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFReligion (X99)
Ruling yearIRS BMFDec 2008

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1b3
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Executive Di
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants$1.0M · 98%
Program service revenue$16K · 2%
Contributions & grants98%$1.0M
Program service revenue2%$16K
Investment income$2K
Total revenueLn 12$1.0M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.63 Management & general $0.18 Fundraising $0.19
Program services63%$711K
Management & general18%$206K
Fundraising19%$210K
Total functional expensesLn 25$1.1M

Balance Sheet

Part X · end of year
CashLn 1$488K
Total assetsLn 16$563K
Total liabilitiesLn 26$132K
Total net assetsLn 32$432K
Months of cash on handcomputed5.2

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $563K · Operating expenses/yr $1.1M
6.0 months
Where the money goes
Program services
Program services $711K · Total expenses $1.1M
63%
Management & General
Management & general $206K · Total expenses $1.1M
18%
Fundraising
Fundraising $210K · Total expenses $1.1M
19%
Cost to raise $1
Fundraising expense (2-yr avg) $194K · Solicited contributions (2-yr avg) $1.0M
$0.19 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $1.0M · Total revenue $1.0M
98%
Government reliance
Government grants — · Total revenue $1.0M
Earned-income share
Program service revenue $16K · Total revenue $1.0M
2%
Investment reliance
Investment income $2K · Total revenue $1.0M
0%
Program self-sufficiency
Program service revenue $16K · Total expenses $1.1M
1%
Growth & trend
Revenue growth (YoY)
This year $1.0M · Prior year $1.1M
-5%
Net-asset trend (YoY)
End of year $432K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $1.0M · Expenses $1.1M
-7%
Liabilities-to-Assets
Total liabilities — · Total assets $563K
Net-asset ratio
Net assets $432K · Total assets $563K
77%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $75K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $563K
13%
People & payroll
Highest Reported Total Compensation
Individual Very Rev Joseph M O'Keefe Sj · Reported title BOARD MEMBER · Highest reported compensation $0 · Total expenses $1.1M
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $1.0M · Total expenses $1.1M
90%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 63%
Overhead ratio 18%
Fundraising cost ratio 20%
Revenue growth -5%
Accounting fee ratio 1%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$15K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$1.1M revenue · ⤓ 990 PDF
FY2024$1.4M revenue · ⤓ 990 PDF
FY2023$992K revenue · ⤓ 990 PDF
FY2022$1.3M revenue · ⤓ 990 PDF
FY2021$1.0M revenue · viewing · ⤓ 990 PDF
FY2020$1.1M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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