Catholic Laity And Clergy For Renewal Inc
- Assets
- $910.6k
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 0
- Location
- Casper, WY
- Founding
- 08/2019
- Data as of
- 12/2022
- EIN
- 84-2182176
Organization Overview
Catholic Laity And Clergy For Renewal Inc is located in Casper, WY. The organization was established in 2019. According to its NTEE Classification (X22) the organization is classified as: Roman Catholic, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Catholic Laity And Clergy For Renewal Inc 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, Catholic Laity And Clergy For Renewal Inc generated $1.7m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $1.6m during the year ending 12/2022. While expenses have increased by 8.4% 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CATHOLIC LAITY AND CLERGY FOR RENEWAL SUPPORTS THE COMMITMENT OF ROMAN CATHOLIC CLERGY TO LIVING THE TEACHINGS OF THE CHURCH AND OF HOLY SCRIPTURE. THE RENEWAL OF FIDELITY TO CHURCH TEACHINGS WILL ENHANCE THE CHURCH'S CREDIBILITY AMONG MEMBERS AND NON-MEMBERS, THEREBY RE-EMPOWERING THE CHURCH TO CARRY OUT ITS MISSION TO PROCLAIM AND WITNESS TO THE GOSPEL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tim Reichert Board Member-Trustee | 1 | $0 | |
John Martin Board Member-Trustee | 1 | $0 | |
Mark Bauman Board Member-Trustee | 1 | $0 | |
Sean Fieler Board Member-Trustee | 1 | $0 | |
John Henricks President | 40 | $262,387 | |
Denise Fath Director Of Operatio | 40 | $72,911 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Dpli Llc | 12/30/22 | $932,367 |
Athos Media Strategies Llc | 12/30/22 | $58,206 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,679,724 |
| Interest on Savings | $0 |
| Dividends & Interest | $5,166 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$11,662 |
| Capital Gain Net Income | $181,472 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,673,228 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $262,387 |
| Other employee salaries and wages | $144,004 |
| Pension plans, employee benefits | $76,936 |
| Interest | $0 |
| Taxes | $3,702 |
| Depreciation | $2,677 |
| Occupancy | $27,272 |
| Travel, conferences, and meetings | $56,745 |
| Printing and publications | $326,129 |
| Other expenses | $532,118 |
| Total operating and administrative expenses | $1,621,466 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $1,621,466 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $900,498 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $77 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $9,992 |
| Other assets | $0 |
| Total assets | $910,567 |
| Accounts payable and accrued expenses | $1,924 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,924 |