LASALLIAN EDUCATIONAL AND RESEARCH INITIATIVES (EIN 411703838) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1991

Legal Domicile

Principal Officer

STEVEN SKIFTON

Phone

5074577900

Tax Period

2024-01-01 to 2024-12-31

LASALLIAN EDUCATIONAL AND RESEARCH INITIATIVES, founded in 1991, is a community nonprofit that reported $6.4M in total revenue in fiscal year 2024. Expenses of $5.7M left a modest 11% surplus.

Mission

PUBLISH CATHOLIC RELIGIOUS EDUCATION MATERIALS USED IN CATHOLIC SCHOOLS AND PARISHES.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $13,300

Program Service Revenue $0

Investment Income $749,474

Other Revenue $5,620,973

TOTAL REVENUE $6,383,747

Expense Breakdown

Grants Paid $129,259

Salaries & Benefits $4,174,639

Fundraising Expenses $0

Program Expenses $3,033,430

Other Expenses $1,383,311

TOTAL EXPENSES $5,687,209

Year-over-Year Comparison

	2024	2023	Change
Revenue	$6,383,747	$6,080,110	+0.0%
Expenses	$5,687,209	$5,678,886	+0.0%
Net Income	$696,538	$401,224	+0.7%

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

Financial Distress Indicator

Liquidity & Cash Position

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$821,034

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TIMOTHY SWAGGER	CHAIRPERSON	1.00	Officer Director	$0	$0	$0
REBECCA MEAGHER	VICE CHAIRPERSON	1.00	Officer Director	$0	$0	$0
BROTHER ARMAND ALCAZAR	DIRECTOR	1.00	Director	$0	$0	$0
BROTHER THOMAS JOHNSON	DIRECTOR	1.00	Director	$0	$0	$0
DANIELLE HERMANNY	DIRECTOR	1.00	Director	$0	$0	$0
JANELL KLOOSTERMAN	DIRECTOR	1.00	Director	$0	$0	$0
JIM CEPLECHA	DIRECTOR	1.00	Director	$0	$0	$0
JOE KOLAR	DIRECTOR	1.00	Director	$0	$0	$0
MELANIE TORBORG	DIRECTOR	1.00	Director	$0	$0	$0
SARAH LAITINEN	DIRECTOR	1.00	Director	$0	$0	$0
VANESSA WHITE	DIRECTOR	1.00	Director	$0	$0	$0
SARA LAWRENCE	PRESIDENT/CEO	40.00	Officer	$222,246	$43,084	$265,330
STEVE SKIFTON	TREASURER	40.00	Officer	$168,413	$54,589	$223,002
CAREN YANG	SECRETARY	40.00	Officer	$130,807	$25,930	$156,737
PAM CONLEY	ASSISTANT TREASURER	40.00	Officer	$64,467	$35,755	$100,222
CONNIE JENSEN	ASSISTANT SECRETARY	40.00	Officer	$63,677	$12,066	$75,743
STEVEN ELLAIR	CONTENT DEVELOPMENT DIRECTOR	40.00	Highest	$118,396	$38,297	$156,693
SIGRID LINDHOLM	DIR. OF MARKETING	40.00	Highest	$106,352	$20,217	$126,569
TRICIA BRUCE	DIR. OF SPRINGTIDE RESEARCH INSTITUTE	40.00	Highest	$116,002	$32,353	$148,355
JOHN VITEK	FORMER PRESIDENT	0.00		$217,440	$21,221	$238,661

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	$6,383,747	$5,687,209	$30,900,736	$696,538
2023	$6,080,110	$5,678,886	$28,587,494	$401,224
2022	$7,907,903	$5,729,347	$25,943,885	$2,178,556
2021	$6,283,560	$5,945,697	$27,170,311	$337,863
2020	$6,617,532	$5,833,479	$24,040,652	$784,053
2018	$6,522,839	$6,207,192	$19,474,811	$315,647

LASALLIAN EDUCATIONAL AND RESEARCH INITIATIVES