HAERETICUS ENVIRONMENTAL LABORATORY

EIN: 030546145 501(c)(3) Environment

LYNCHBURG, VA

Total Revenue
$115,971
Total Expenses
$113,230
Total Assets
$312,323
Net Assets
$312,323
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
2004
Legal Domicile
VA
Principal Officer
GENE T STERNE SR
Phone
4342583464
Tax Period
2023-01-01 to 2023-12-31

HAERETICUS ENVIRONMENTAL LABORATORY, founded in 2004, is a small nonprofit in the Environment sector that reported $226K in total revenue in fiscal year 2022. The organization ran a surplus of $56K, a strong 25% operating margin.

Mission

INCREASE THE SCIENTIFIC, SOCIAL AND ECONOMIC KNOWLEDGE OF THE ENVIRONMENTAL HABITATS IN ORDER TO BETTER CONSERVE, PROTECT AND RESTORE HABITATS.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $17,471
Program Service Revenue $98,500
Investment Income $0
Other Revenue $0
TOTAL REVENUE $115,971

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $113,230
Other Expenses $113,230
TOTAL EXPENSES $113,230

Year-over-Year Comparison

2023 2022 Change
Revenue $115,971 $226,059 -0.5%
Expenses $113,230 $170,531 -0.3%
Net Income $2,741 $55,528 -1.0%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

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Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
5
Independent Members
5
Employees
N/A
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
0
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CRAIG DOWNS DIRECTOR 040.00
Director
$0 $0 $0
RON RITCHIE CHAIRMAN 001.00
Director
$0 $0 $0
GENE STERNE SR TREASURER 005.00
Director
$0 $0 $0
ANDREW NORMAN MEMBER 001.00
Director
$0 $0 $0
MARC STERNE MEMBER 001.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $115,971 $113,230 $312,323 $2,741
2022 $226,059 $170,531 $309,582 $55,528
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