Preambula Group
- Assets
- $191.4k
- Revenue
- $693.1k
- Investments
- $0.0
- Employees
- 6
- Location
- Conway, PA
- Founding
- Data as of
- 12/2022
- EIN
- 84-2075607
Organization Overview
Preambula Group is located in Conway, PA. According to its NTEE Classification (X22) the organization is classified as: Roman Catholic, under the broad grouping of Religion-Related and related organizations. As of 12/2022, Preambula Group employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Preambula Group is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Preambula Group generated $693.1k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 30.1% each year . All expenses for the organization totaled $645.6k during the year ending 12/2022. While expenses have increased by 36.5% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PREAMBULA GROUP IS A NON-PROFIT LAY APOSTOLATE THAT PROVIDES FORMATION AND TRAINING TO INDIVIDUALS AND ORGANIZATIONS FOR THE WORK OF THE NEW EVANGELIZATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DISCIPLESHIP FORMATION: PREAMBULA GROUP IS A LAY APOSTOLATE THAT EXISTS TO SUPPORT THE FORMATION AND GROWTH OF CATHOLIC DISCIPLES FOR THE WORK OF THE NEW EVANGELIZATION. OUR WORK IS FOCUSED ON MAKING OUR PARISHES AND THEIR FAITHFUL ENGAGED IN THEIR ENCOUNTERS WITH CHRIST THROUGH EDUCATION, GROUP STUDY AND PRAYER SO THAT THEY WILL BECOME DISCIPLES AND BUILD UP PARISH LIFE IN THE REGION AND THE CHURCH AT LARGE. FORMATION ACTIVITIES ARE CONDUCTED THROUGH THE ON FIRE, YOUR MISSION, AND THE WAY PROGRAMS. CONTINUED ON SCHEDULE O.ON FIRE IS A SIX-MONTH EXPERIENCE THAT CALLS DISCIPLES TO JOURNEY WITH OTHERS TO DEEP THEIR RELATIONSHIP WITH GOD AND DISCERN HOW GOD IS CALLING THEM TO BE MISSIONARY DISCIPLES FOR THE CHURCH. UPON COMPLETION OF THE ON FIRE PROGRAM, PARTICIPANTS MAY JOURNEY FOR AN ADDITIONAL SIX MONTHS IN THE YOUR MISSION PROGRAM. THIS PROGRAM FOCUSES ON THE DISCIPLES ABILITY TO SHARE THEIR FAITH COMFORTABLY AND CONFIDENTLY IN THE SECULAR WORLD. THE WAY PROGRAM IS OFFERED AS AN INTRODUCTORY FORMATION EXPERIENCE. SPIRITUAL DIRECTION IS ALSO PROVIDED IN GROUP AND ONE-ON-ONE SETTINGS.
THE METANOIA PROJECT: THE METANOIA PROJECT INVESTS IN THE SPIRITUAL VITALITY AND GROWTH OF PARISH STAFFS AND KEY PARISH VOLUNTEERS WORKING IN MINISTRY. THE INITIATIVE FOSTERS PERSONAL AND CULTURAL TRANSFORMATION FOR THE PARISH LEADERSHIP TEAM THAT CULTIVATES TRUST AND COHESION. PARISH STAFFS ARE LED THROUGH NUMEROUS RETREAT-LIKE EXPERIENCES THAT HELP THEM MAINTAIN MINISTRY FOCUS AND ENERGY. PARTICIPANTS RECEIVE REGULAR OPPORTUNITIES FOR INDIVIDUAL AND TEAM COACHING AROUND PERSONAL IDENTITY AND MISSION. THEY ALSO BENEFIT FROM ONGOING TRAINING AND CONSULTATION FOR PARISH RENEWAL.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michel Therrien President, Ceo, Director | OfficerTrustee | 40 | $162,000 |
Ed Gill Chairman | OfficerTrustee | 2.5 | $0 |
Don Lovre Treasurer | OfficerTrustee | 1 | $0 |
Stacy Cuba Secretary | OfficerTrustee | 1 | $0 |
Ellen Mady Director | Trustee | 1 | $0 |
Inger Muhlenkamp Director (entered 10/2022) | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $56,992 |
| All other contributions, gifts, grants, and similar amounts not included above | $591,965 |
| Noncash contributions included in lines 1a–1f | $10,301 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $648,957 |
| Total Program Service Revenue | $43,954 |
| Investment income | $15 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $172 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$22 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $693,076 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $215,600 |
| Compensation of current officers, directors, key employees. | $26,860 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $239,314 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $34,926 |
| Fees for services: Management | $16,990 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,881 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $59,584 |
| Advertising and promotion | $16,762 |
| Office expenses | $5,889 |
| Information technology | $6,719 |
| Royalties | $0 |
| Occupancy | $5,223 |
| Travel | $1,425 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $13,476 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,065 |
| All other expenses | $739 |
| Total functional expenses | $645,594 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $170,435 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $18,375 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $2,574 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $191,384 |
| Accounts payable and accrued expenses | $1 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1 |
| Net assets without donor restrictions | $191,383 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $191,384 |