St Francis Workers Comp FY2020 filing

Pittsburgh, PAUnknown exempt organizationSince 1979EIN 37-1075348Revenue $13.2M in FY2020

On file with the IRS116 Allegheny Center Mall P8yb3502l · Pittsburgh, PA

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To provide for payments on worker's compensation claims under a self insurance plan for the third order of saint Francis.

85¢ of each $1 spent went to programs.
$40K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2023
latest Form 990
Fine: the latest return is for FY2023, 3 tax years back; within 3 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 4
filings with a surplus
Average deficit $3.1M a year · 25% of revenue · last 4 filings
Worth a look: a surplus in 2 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
85%
of spending
Looks good: 85% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$40K
to officers and key staff · 0.5% of spending
Looks good: pay to officers and key staff is 0% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
4 mo
of spending, in cash
Looks good: 4.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
0
of 1 voting members
Concern: none of 1 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$13.2M
Spent
$7.8M
To programs
85%
Net assets
$17.9M
By yearFY2020–FY2023
Revenue
$13.2M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$13.2M
FY2021$12.7M
FY2022$9.8M
FY2023$15.3M
Expenses
$7.8M
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$7.8M
FY2021$11.1M
FY2022$11.4M
FY2023$33.3M
Net assets
$17.9M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$17.9M
FY2021$19.5M
FY2022$17.9M
FY2023$0

From the FY2020 Form 990 (year ending September 2020) · figures checked against the IRS filing · see the original

990 PDF Claim
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2023) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2023.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

85 cents of each dollar spent went to programs.

Program services 85% · $6.6M Management & general 15% · $1.2M

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

1 person listed on the 990; $40K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
$40,426Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2023FY2022FY2021FY2020
PNC Bank NA$55,712$62,744$52,261$40,426

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Pays worker's compensation claims for a self-insurance plan.

Questions for St Francis Workers Comp

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Provided by the organization

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1 program · $5.8M · in their own filed words · FY2019
01

To provide for payment on worker's compensation claims under a self insurance plan.

$5.8Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · this organization's grantmaking
Grants paid · 1 grant · $5.3M · 2022–2022
Osf Healthcare SystemIL · FY2022$5,263,867

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$13.2M
Ln 12
Fees for servicesLn 2g$12.7M
Investment incomeLn 3$373K
Other incomeLn 4–11$129K
Money outPt IX
$7.8M
Ln 25
Programscol B$6.6M
Managementcol C$1.2M
Owns and owesPt X
$17.9M
net assets · Ln 32
Cash and savingsLn 1–2$2.7M
Total assetsLn 16$17.9M
LiabilitiesLn 26$0
PeoplePt VI, VII
1
listed · VII A
PaidVII A1
Voting boardVI 1a1
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$12.7M
Investment incomeLn 3$373K
Other incomeLn 4–11$129K
Gains on assetsLn 7$117K
Total revenueLn 12$13.2M
Assets in detailPt X, end of year
SavingsLn 2$2.7M
Cash and savings togetherLn 1–2$2.7M
InvestmentsLn 11–13$15.2M
Total assetsLn 16$17.9M
LiabilitiesLn 26$0
Net assetsLn 32$17.9M
OperationsPt I, VI
EmployeesI 50
Fiscal year endsHeaderSeptember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$1.9M$2.7M
InvestmentsLn 11–13$10.4M$15.2M
Total assetsLn 16$12.3M$17.9M
LiabilitiesLn 26$0$0
Net assetsLn 32$12.3M$17.9M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Benefits paid to or for membersLn 4$5.8M$5.8M
Pay of current officers, directors and key staffLn 5$40K$40K
Accounting feesLn 11c$12K$12K
Investment management feesLn 11f$4K$4K
Other fees for servicesLn 11g$145K$145K
InsuranceLn 23$1.0M$1.0M
All other expensesLn 24e$809K$809K
Total functional expensesLn 25$7.8M$6.6M$1.2M$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2023 Latest $15.3M$33.3M−$18.0M$0 990 PDF
FY2022 $9.8M$11.4M−$1.6M$17.9M 990 PDF
FY2021 $12.7M$11.1M$1.6M$19.5M 990 PDF
FY2020 Viewing $13.2M$7.8M$5.3M$17.9M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2020 990 (6 parts)
Part I · Summary $13,177,718 revenue, 12 lines filed
I-8 Contributions and grants$0
I-9 Program service revenuePrior year $5,368,000$12,676,445
I-10 Investment incomePrior year $1,228,975$372,581
I-11 Other revenue$128,692
I-12 Total revenuePrior year $6,596,975$13,177,718
I-13 Grants and similar amounts paidPrior year $6,687,787$0
I-14 Benefits paid to members$5,816,876
I-15 Salaries and benefitsPrior year $44,127$40,426
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $672,083$1,980,126
I-18 Total expensesPrior year $7,403,997$7,837,428
I-19 Revenue less expensesPrior year −$807,022$5,340,290
Part VI · Governance 0 of 1 board members independent, 1 to look at
VI-1a Voting members of the governing body1
VI-1b Independent voting members0
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $13,177,718 across 4 lines filed
Lines not itemized here account for $128,692 of total revenue; see the IRS return.
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $12,676,445$12,676,445
VIII-3 Investment incomeExcluded from tax $255,714$255,714
VIII-7 Net gain or loss on sales of assetsExcluded from tax $116,867$116,867
VIII-12 Total revenueRelated to mission $12,676,445 · Excluded from tax $501,273$13,177,718
Part IX · Statement of functional expenses $7,837,428 across 7 lines filed
IX-4 Benefits paid to or for membersPrograms $5,816,876$5,816,876
IX-5 Pay of current officers, directors and key staffManagement $40,426$40,426
IX-11c Accounting feesManagement $11,612$11,612
IX-11f Investment management feesManagement $4,072$4,072
IX-11g Other fees for servicesManagement $144,503$144,503
IX-23 InsuranceManagement $1,011,055$1,011,055
IX-24e All other expensesPrograms $808,884$808,884
IX-25 Total functional expensesPrograms $6,625,760 · Management $1,211,668 · Fundraising $0$7,837,428
Part X · Balance sheet $17,893,674 assets, 6 lines filed
X-2 Savings and temporary cash investmentsStart of year $1,944,721$2,674,649
X-11 Publicly traded securitiesStart of year $10,359,672$15,219,025
X-16 Total assetsStart of year $12,304,393$17,893,674
X-26 Total liabilitiesStart of year $0$0
X-32 Total net assets or fund balancesStart of year $12,304,393$17,893,674
X-33 Total liabilities and net assetsStart of year $12,304,393$17,893,674
Part XI · Reconciliation of net assets $17,893,674 net assets at year end
XI-1 Total revenue$13,177,718
XI-2 Total expenses$7,837,428
XI-3 Revenue less expenses$5,340,290
XI-4 Net assets at start of year$12,304,393
XI-9 Other changes in net assets$248,991
XI-10 Net assets at end of year$17,893,674

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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