Finance Score: 8

Governance Score: 0

Support Score: 0

Liabilities <10%: +3
Poor Liquidity: -1
Good Reserves: +1Strong growth: +2
Fundraising costs low: +3

No supporters identified

Overall GiG Score: 8

THE SOCIETY OF MARY (MARIST FATHERS) CIO

The advancement of the Roman Catholic religion through parish - based ministries, educational support, spiritual guidance, missionary work and specific grant making projects. The Trustees also provide support and life-long care and maintenance for those Fathers in retirement from full-time active ministry.

Analysis by Giving is Great

Positives:

This charity has a robust balance sheet
There has been strong growth in spending since inception
Fundraising costs are unusually low relative to funds raised

Financial issues to consider:

Liquidity appears to have been slender at the latest year end but very substantial unrestricted reserves are available

Established: 6 years

margaret@maristfathers.karoo.co.uk

01482801360

Charity Commission for England and Wales

Financial Data ?

Income & Spending ?

Sources of Income ?

Y/E	Income £k	Spending £k	Surplus/ Deficit	Fundraising Cost £k	Total Funds £k	Unrestricted Funds £k	Mths Rsrvs	Staff
31/12/22	£6,073	£2,011	£4,062	£0	£15,813	£15,473	92.3	6
31/12/21	£789	£950	£-161	£0	£13,589	£13,076	165.2	5
31/12/20	£1,506	£687	£819	£0	£12,633	£11,862	207.2	5
31/12/19	£716	£1,022	£-305	£0	£11,345	£11,345	133.3	5

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Financial Ratios

Fundraising Costs/Relevant Income: 1%
Fundraising Costs/Total Spending: 2.8%
Highest pay band: Less than £60,000
Liabilities/Assets: 6%
Liabilities/Income: 17%
Unrestricted Funds/Total Funds: 98%
Reserves/Spending: 92.3 months
Net Current Assets/Spending: -4 months
Quick Ratio: 0.4

Asset Split ?

Listed activities

Religious Activities

How it operates

Other charitable activities
Provides advocacy/advice/information
Provides buildings/facilities/open space
Provides services

Where it operates

Blackburn With Darwen, City Of London, East Riding Of Yorkshire, Norfolk,

Who it helps

The General Public/Mankind

Who works here?

6 employees

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (5)

Current Trustees appointed

REV PETER CORCORAN SM Appointed: 2018

REV DESMOND HANRAHAN SM (Chair) Appointed: 2018, Other trusteeships: NOTRE DAME REFUGEE CENTRE, NOTRE DAME DE FRANCE – SOCIETY OF MARY,

REV IVAN DAVORIN VODOPIVEC SM Appointed: 2018

REV KEVIN LEO DUFFY SM Appointed: 2019

REV ALAN STEPHEN WILLIAMS SM Appointed: 2021, Other trusteeships: THE REVEREND CANON FRANCIS WALTER GILBERT FOR THE CHURCH OF OUR LADY OF LOURDES AND ST JOSEPH, LEIGH-ON-SEA, BRENTWOOD DIOCESEAN CATHEDRAL AND CHORAL TRUST FUND, NOTRE DAME REFUGEE CENTRE, NOTRE DAME DE FRANCE – SOCIETY OF MARY, FORMATIO,

Legal constitution

Charity registered in England & Wales on 05/07/2018, number: 1179085

Gift Aid

Registered with HMRC for Gift Aid

Policies in force

Complaints handling
Conflicting interests
Investment
Paying staff
Risk management
Safeguarding vulnerable beneficiaries

Filing Record

4 returns made; all on time

Recent reorganisation events:

Asset transfer in from THE SOCIETY OF MARY (MARIST FATHERS) on 09/07/2019

Main office

729 BEVERLEY ROAD
HULL
HU6 7ER

Objectives

THE OBJECTS OF THE CIO ARE TO ADVANCE SUCH OF THE RELIGIOUS, EDUCATIONAL, CARE-GIVING AND OTHER CHARITABLE WORK OF THE SOCIETY THROUGHOUT THE WORLD AS THE TRUSTEES, WITH THE APPROVAL OF THE SUPERIOR GENERAL, SHALL FROM TIME TO TIME THINK FIT AND IF AT ANY TIME THE SOCIETY SHALL CEASE TO EXIST OR SHALL CEASE TO CARRY ON RELIGIOUS, EDUCATIONAL, CARE-GIVING OR OTHER CHARITABLE WORK THEN FOR SUCH OTHER LAWFUL CHARITABLE PURPOSES CONNECTED WITH THE ADVANCEMENT OF THE ROMAN CATHOLIC RELIGION AS THE TRUSTEES SHALL, WITH THE APPROVAL OF THE SUPERIOR GENERAL, DETERMINE.

Data Sources