Catholic Laity And Clergy For Renewal Inc
EIN: 842182176 · Casper, WY · NTEE: X22
| Metric | Value |
|---|---|
| Total Revenue | $655K |
| Total Expenses | $929K |
| Net Assets | $829K |
Is Catholic Laity And Clergy For Renewal Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Catholic Laity And Clergy For Renewal Inc
Catholic Laity And Clergy For Renewal Inc (EIN: 842182176) is a nonprofit organization based in Casper, WY, classified under NTEE code X22. The organization reported total revenue of $655K and total assets of $790K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Catholic Laity And Clergy For Renewal Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Catholic Laity And Clergy For Renewal Inc is a small nonprofit that has been operating for 7 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of -12.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $850K |
| Total Expenses | $929K |
| Surplus / Deficit | $-79,708 |
| Total Assets | $834K |
| Total Liabilities | $5K |
| Net Assets | $829K |
| Operating Margin | -9.4% |
| Debt-to-Asset Ratio | 0.6% |
| Months of Reserves | 10.8 months |
Financial Health Grade: B
In 2023, Catholic Laity And Clergy For Renewal Inc reported a deficit of $80K with expenses exceeding revenue, holds 10.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.6% (very low leverage).
Financial Trends
Over 5 years of filings (2019–2023), Catholic Laity And Clergy For Renewal Inc's revenue has declined at a compound annual growth rate (CAGR) of -12.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -49.2% | -42.7% | -8.4% |
| 2022 | -18.1% | -8.5% | +6.2% |
| 2021 | +13.0% | +41.5% | +46.0% |
| 2020 | +24.2% | +6.4% | +109.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1700 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Catholic Laity And Clergy For Renewal Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Catholic Laity And Clergy For Renewal Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $80K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.6%.
Frequently Asked Questions about Catholic Laity And Clergy For Renewal Inc
Is Catholic Laity And Clergy For Renewal Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Catholic Laity And Clergy For Renewal Inc (EIN: 842182176) insufficient data. 0 red flags identified, 0 strengths noted.
How does Catholic Laity And Clergy For Renewal Inc spend its money?
Detailed spending breakdown data is not yet available for Catholic Laity And Clergy For Renewal Inc. Check back for updated IRS 990 analysis.
Are donations to Catholic Laity And Clergy For Renewal Inc tax-deductible?
Catholic Laity And Clergy For Renewal Inc is registered as a tax-exempt nonprofit (EIN: 842182176). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Catholic Laity And Clergy For Renewal Inc located?
Catholic Laity And Clergy For Renewal Inc is headquartered in Casper, Wyoming and files with the IRS under EIN 842182176. It is classified under NTEE code X22.
How many years of IRS 990 filings does Catholic Laity And Clergy For Renewal Inc have?
Catholic Laity And Clergy For Renewal Inc has 5 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $655K in total revenue.
Filing History
IRS 990 filing history for Catholic Laity And Clergy For Renewal Inc showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Catholic Laity And Clergy For Renewal Inc's revenue has declined by 41.6%, moving from $1.5M to $850K. Total assets increased by 197.3% over the same period, from $280K to $834K. Total functional expenses fell by 21%, from $1.2M to $929K. In its most recent filing year (2023), Catholic Laity And Clergy For Renewal Inc reported a deficit of $80K, with expenses exceeding revenue. The organization holds $5K in liabilities against $834K in assets (debt-to-asset ratio: 0.6%), resulting in net assets of $829K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $850K | $929K | $834K | $5K | — | View 990 |
| 2022 | $1.7M | $1.6M | $911K | $2K | — | View 990 |
| 2021 | $2.0M | $1.8M | $858K | $2K | — | View 990 |
| 2020 | $1.8M | $1.3M | $587K | $2K | — | View 990 |
| 2019 | $1.5M | $1.2M | $280K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $850K, expenses of $929K, and assets of $834K (revenue -49.2% year-over-year).
- 2022: Revenue of $1.7M, expenses of $1.6M, and assets of $911K (revenue -18.1% year-over-year).
- 2021: Revenue of $2.0M, expenses of $1.8M, and assets of $858K (revenue +13.0% year-over-year).
- 2020: Revenue of $1.8M, expenses of $1.3M, and assets of $587K (revenue +24.2% year-over-year).
- 2019: Revenue of $1.5M, expenses of $1.2M, and assets of $280K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Catholic Laity And Clergy For Renewal Inc:
Data Sources and Methodology
This transparency report for Catholic Laity And Clergy For Renewal Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.