CHRISTIAN BROS FINANCIAL ASSETS SUPPORTING ORGANIZATION

EIN: 271364651 501(c)(3) Education

NEW ORLEANS, LA

Total Revenue
$92,289
Total Expenses
$35,945
Total Assets
$10,354,826
Net Assets
$10,211,230
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2009
Legal Domicile
LA
Principal Officer
CHRIS LAICHE
Phone
5044866770
Tax Period
2024-08-01 to 2025-07-31

CHRISTIAN BROS FINANCIAL ASSETS SUPPORTING ORGANIZATION, founded in 2009, is a micro nonprofit in the Education sector that reported $92K in total revenue in fiscal year 2024. Revenue surged 42% from the prior year, signaling strong growth momentum. The organization ran a surplus of $56K, a strong 61% operating margin.

Mission

TO SUPPORT CHRISTIAN BROTHERS SCHOOL WHICH IS A SMALL PRIVATE ROMAN CATHOLIC SCHOOL IN THE ARCHDIOCESE OF NEW ORLEANS FOR BOYS AND GIRLS WHOSE PURPOSE AND GOAL IS TO CONTINUE THE MORAL, INTELLECTUAL, SOCIAL, CULTURAL, SPIRITUAL, EMOTIONAL, AND PHYSICAL DEVELOPMENT OF ITS PUPILS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $92,289
Other Revenue $0
TOTAL REVENUE $92,289

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $35,945
Other Expenses $35,945
TOTAL EXPENSES $35,945

Year-over-Year Comparison

2024 2023 Change
Revenue $92,289 $64,932 +0.4%
Expenses $35,945 $40,547 -0.1%
Net Income $56,344 $24,385 +1.3%
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

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
11
Independent Members
11
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
5
$208,827
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DANETTE H MURRET TREASURER 0.00
Officer Director
$0 $0 $0
CHRIS LAICHE CHAIRMAN 0.00
Officer Director
$0 $0 $0
KENENNA AMUZIE TRUSTEE 0.00
Director
$0 $0 $0
GRANVILLE MORSE III MD TRUSTEE 0.00
Director
$0 $0 $0
DOMINIC CAROLLO MD VICE CHAIRMAN 0.00
Officer Director
$0 $0 $0
CHARLENE WETZEL TRUSTEE 0.00
Director
$0 $0 $0
JAMES D BERCAW SECRETARY 0.00
Officer Director
$0 $0 $0
WILLIAM T BOSTICK TRUSTEE 0.00
Director
$0 $0 $0
GINA CURSAIN TRUSTEE 0.00
Director
$0 $0 $0
BR MARIANO LOPEZ FSC TRUSTEE 0.00
Director
$0 $0 $0
TAYLOR LAMBERT SAMUEL TRUSTEE 0.00
Director
$0 $0 $0
JOEY SCAFFIDI PRESIDENT 40.00
Officer
$0 $0 $208,827
MICHAEL PRAT JR EMPLOYEE 40.00
Highest
$0 $0 $133,983
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
2025 $92,289 $35,945 $10,354,826 $56,344
2024 $64,932 $40,547 $10,149,651 $24,385
2023 $96,870 $86,787 $10,006,839 $10,083
2022 $517,016 $60,826 $9,806,313 $456,190
2021 $388,799 $68,516 $10,274,969 $320,283
2020 $519,775 $65,329 $9,602,346 $454,446
2019 $617,733 $133,280 $9,904,505 $484,453
2018 $570,560 $41,624 $9,477,074 $528,936
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