The Distribution of Religious Information Through Book Publishing Conferences and Educational Tours.

501(c)(3) charity; gifts are tax-deductible.
98¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average surplus $36K a year · 11% of revenue · last 5 filings
Worth a look: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
98%
of spending
Looks good: 98% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
8 mo
of spending, in cash
Plus $264K in investments, Pt X · Ln 11–13
Looks good: 7.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $26K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
3
of 3 voting members
Looks good: 3 of 3 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$360K
+48% vs prior year
Spent
$379K
To programs
98%
Net assets
$506K
By yearFY2021–FY2025
Revenue
$360K
FY2023▲ +48%
Tap a bar for its year
Revenue by fiscal year
FY2021$417K
FY2022$243K
FY2023$360K
FY2024$328K
FY2025$348K
Expenses
$379K
FY2023▲ +75%
Tap a bar for its year
Expenses by fiscal year
FY2021$67K
FY2022$217K
FY2023$379K
FY2024$460K
FY2025$391K
Net assets
$506K
FY2023▼ -4%
Tap a bar for its year
Net assets by fiscal year
FY2021$527K
FY2022$526K
FY2023$506K
FY2024$384K
FY2025$356K

From the FY2023 Form 990 (year ending June 2023) · see the original

990 PDF Claim
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Exemption reinstated (2015-11-15). Per the IRS revocation list. Latest filing on record: FY2025. IRS ruling in Jun 2017.

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

Where the money goes

98 cents of each dollar spent went to programs.

Program services 98% · $373K Management & general 2% · $7K

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

3 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A

Michael J Matt’s $30K as President is at the 30th percentile of top reported officer pay among 2133 $100K–1M religion nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

See Remnant Foundation executive salaries →

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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 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Share Catholic faith information in many accessible formats.

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Provided by the organization

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3 programs · $365K · in their own filed words · FY2022
01

Educational and Spiritual Tour in France for 11 days-50 individuals participated in June 2022.

$203Kprogram expense
02

Organizing and Conducting a Conference for 800 People in October 2022 held in Pittsburgh PA

$91Kprogram expense
03

Promotion of Devotion to Jesus Christ through the Manufacture and Distribution of Label Pins.

$71Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 2 funders$26K

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$360K
Ln 12
Gifts and grantsLn 1h$203K
Fees for servicesLn 2g$149K
Investment incomeLn 3$9K
Money outPt IX
$379K
Ln 25
Programscol B$373K
Managementcol C$7K
Owns and owesPt X
$506K
net assets · Ln 32
Cash and savingsLn 1–2$243K
Total assetsLn 16$506K
LiabilitiesLn 26$0
PeoplePt VI, VII
3
listed · VII A
PaidVII A0
Voting boardVI 1a3
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$203K
Government grantsLn 1e$0
Noncash giftsLn 1g$20K
Fundraising eventsLn 1c$0
Fees for servicesLn 2g$149K
Investment incomeLn 3$9K
Total revenueLn 12$360K
Assets in detailPt X, end of year
CashLn 1$243K
SavingsLn 2$0
Cash and savings togetherLn 1–2$243K
InvestmentsLn 11–13$264K
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$0
Total assetsLn 16$506K
LiabilitiesLn 26$0
Net assetsLn 32$506K
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$288K$243K
InvestmentsLn 11–13$238K$264K
Land, buildings, equipmentLn 10c$0$0
Total assetsLn 16$526K$506K
LiabilitiesLn 26$0$0
Net assetsLn 32$526K$506K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Management feesLn 11a$45K$45K$0$0
Legal feesLn 11b$0$0$0$0
Accounting feesLn 11c$500$0$500$0
Lobbying feesLn 11d$0$0$0$0
Professional fundraising feesLn 11e$0$0
Investment management feesLn 11f$0$0$0$0
Other fees for servicesLn 11g$38K$38K$0$0
Advertising and promotionLn 12$0$0$0$0
Office expensesLn 13$1K$0$1K$0
Information technologyLn 14$0$0$0$0
RoyaltiesLn 15$0$0$0$0
OccupancyLn 16$5K$4K$979$0
TravelLn 17$135K$135K$0$0
Travel and entertainment for public officialsLn 18$0$0$0$0
Conferences, conventions and meetingsLn 19$52K$52K$0$0
InterestLn 20$0$0$0$0
Payments to affiliatesLn 21$0$0$0$0
Depreciation, depletion and amortizationLn 22$0$0$0$0
InsuranceLn 23$0$0$0$0
Other expenses (24a–d)Ln 24$99K$99K$0$0
All other expensesLn 24e$4K$391$4K$0
Total functional expensesLn 25$379K$373K$7K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $348K$391K−$43K$356K 990 PDF
FY2024 $328K$460K−$132K$384K 990 PDF
FY2023 Viewing $360K$379K−$19K$506K 990 PDF
FY2022 $243K$217K$26K$526K 990 PDF
FY2021 $417K$67K$350K$527K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2023 990 (6 parts)
Part I · Summary $359,881 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $222,306$202,657
I-9 Program service revenuePrior year $13,103$148,519
I-10 Investment incomePrior year $7,834$8,705
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $243,243$359,881
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $217,274$379,347
I-18 Total expensesPrior year $217,274$379,347
I-19 Revenue less expensesPrior year $25,969−$19,466
Part VI · Governance 3 of 3 board members independent, 5 to look at
VI-1a Voting members of the governing body3
VI-1b Independent voting members3
VI-2 Family or business relationship among officers or directorsYes
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
Part VIII · Statement of revenue $359,881 across 14 lines filed
VIII-1a Federated campaigns$0
VIII-1b Membership dues$0
VIII-1c Fundraising events$0
VIII-1d Related organizations$0
VIII-1e Government grants$0
VIII-1f All other contributions, gifts and grants$202,657
VIII-1g Noncash contributions (included above)$20,448
VIII-1h Total contributions, gifts and grants$202,657
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $148,519 · Unrelated business $0 · Excluded from tax $0$148,519
VIII-3 Investment incomeRelated to mission $8,705 · Unrelated business $0 · Excluded from tax $0$8,705
VIII-5 RoyaltiesRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-6 Net rental income or lossRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-8 Net income from fundraising eventsUnrelated business $0 · Excluded from tax $0$0
VIII-12 Total revenueRelated to mission $157,224 · Unrelated business $0 · Excluded from tax $0$359,881
Part IX · Statement of functional expenses $379,347 across 21 lines filed
IX-11a Management feesPrograms $45,450 · Management $0 · Fundraising $0$45,450
IX-11b Legal feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11c Accounting feesPrograms $0 · Management $500 · Fundraising $0$500
IX-11d Lobbying feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11e Professional fundraising feesFundraising $0$0
IX-11f Investment management feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11g Other fees for servicesPrograms $37,563 · Management $0 · Fundraising $0$37,563
IX-12 Advertising and promotionPrograms $0 · Management $0 · Fundraising $0$0
IX-13 Office expensesPrograms $0 · Management $1,359 · Fundraising $0$1,359
IX-14 Information technologyPrograms $0 · Management $0 · Fundraising $0$0
IX-15 RoyaltiesPrograms $0 · Management $0 · Fundraising $0$0
IX-16 OccupancyPrograms $3,918 · Management $979 · Fundraising $0$4,897
IX-17 TravelPrograms $134,853 · Management $0 · Fundraising $0$134,853
IX-18 Travel and entertainment for public officialsPrograms $0 · Management $0 · Fundraising $0$0
IX-19 Conferences, conventions and meetingsPrograms $51,777 · Management $0 · Fundraising $0$51,777
IX-20 InterestPrograms $0 · Management $0 · Fundraising $0$0
IX-21 Payments to affiliatesPrograms $0 · Management $0 · Fundraising $0$0
IX-22 Depreciation, depletion and amortizationPrograms $0 · Management $0 · Fundraising $0$0
IX-23 InsurancePrograms $0 · Management $0 · Fundraising $0$0
IX-24 Other expenses (24a–d)Programs $98,791 · Management $0 · Fundraising $0$98,791
IX-24e All other expensesPrograms $391 · Management $3,766 · Fundraising $0$4,157
IX-25 Total functional expensesPrograms $372,743 · Management $6,604 · Fundraising $0$379,347
Part X · Balance sheet $506,464 assets, 22 lines filed
X-1 Cash, non-interest-bearingStart of year $287,637$242,712
X-2 Savings and temporary cash investmentsStart of year $0$0
X-3 Pledges and grants receivableStart of year $0$0
X-4 Accounts receivableStart of year $0$0
X-8 Inventories for sale or useStart of year $0$0
X-9 Prepaid expenses and deferred chargesStart of year $0$0
X-10c Land, buildings and equipment, netStart of year $0$0
X-11 Publicly traded securitiesStart of year $238,293$263,752
X-12 Other securitiesStart of year $0$0
X-13 Program-related investmentsStart of year $0$0
X-14 Intangible assetsStart of year $0$0
X-15 Other assetsStart of year $0$0
X-16 Total assetsStart of year $525,930$506,464
X-17 Accounts payable and accrued expensesStart of year $0$0
X-18 Grants payableStart of year $0$0
X-19 Deferred revenueStart of year $0$0
X-20 Tax-exempt bond liabilitiesStart of year $0$0
X-24 Unsecured notes and loans payableStart of year $0$0
X-25 Other liabilitiesStart of year $0$0
X-26 Total liabilitiesStart of year $0$0
X-32 Total net assets or fund balancesStart of year $525,930$506,464
X-33 Total liabilities and net assetsStart of year $525,930$506,464
Part XI · Reconciliation of net assets $506,464 net assets at year end
XI-1 Total revenue$359,881
XI-2 Total expenses$379,347
XI-3 Revenue less expenses−$19,466
XI-4 Net assets at start of year$525,930
XI-5 Net unrealized gains (losses) on investments$0
XI-6 Donated services and use of facilities$0
XI-7 Investment expenses$0
XI-8 Prior period adjustments$0
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$506,464

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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