Young Catholic Professionals

EIN: 450659049 501(c)(3) Religion

Irving, TX

Total Revenue
$1,877,107
Total Expenses
$1,747,015
Total Assets
$1,934,227
Net Assets
$1,685,116
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
TX
Principal Officer
Peter Blute
Phone
4696073090
Tax Period
2023-01-01 to 2023-12-31

Young Catholic Professionals, founded in 2011, is a community nonprofit in the Religion sector that reported $1.9M in total revenue in fiscal year 2023. Revenue decreased 9% compared to the prior year. Expenses of $1.7M left a modest 7% surplus.

Mission

Young Catholic Professionals is a 501c3 nonprofit on a mission to challenge, train and inspire young adults working in various professions to Work in Witness for Christ. In a world that can be void of meaning and leave them restless and dissatisfied, YCP brings together young professionals in their 20s and 30s into a community of belonging, support, and encouragement at all stages of the faith journey. YCP empowers and equips them to live their Catholic faith through everyday work, and to perform all work with excellence for the glory of God.

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,513,408
Program Service Revenue $354,242
Investment Income $9,457
Other Revenue $0
TOTAL REVENUE $1,877,107

Expense Breakdown

Grants Paid $0
Salaries & Benefits $952,005
Fundraising Expenses $394,777
Program Expenses $1,122,801
Other Expenses $795,010
TOTAL EXPENSES $1,747,015

Year-over-Year Comparison

2023 2022 Change
Revenue $1,877,107 $2,066,421 -0.1%
Expenses $1,747,015 $1,253,749 +0.4%
Net Income $130,092 $812,672 -0.8%
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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Governance

Voting Members
13
Independent Members
12
Employees
15
Volunteers
650

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
2
$237,496
Total Directors
12
$130,457
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Phillip Mauro CCO 40.00
$139,293 $0 $139,293
Jennifer Baugh Director 40.00
Officer Director
$130,457 $0 $130,457
Peter Blute Executive Dir. 40.00
Officer
$107,039 $0 $107,039
Dwight Riskey Chairman 1.00
Director
$0 $0 $0
Michael Stefanski Director 1.00
Director
$0 $0 $0
Mark Balasa Director 1.00
Director
$0 $0 $0
Tom Jones Director 1.00
Director
$0 $0 $0
Cecelia Gannon Director 1.00
Director
$0 $0 $0
Sean Magennis Chairman 1.00
Director
$0 $0 $0
Marla Mock Director 1.00
Director
$0 $0 $0
Kumar Kibble Director 1.00
Director
$0 $0 $0
Andre de Cavaignac Director 1.00
Director
$0 $0 $0
Jonathan Strate Director 1.00
Director
$0 $0 $0
Dina Dwyer-Owens Director 1.00
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 $1,877,107 $1,747,015 $1,934,227 $130,092
2022 $2,066,421 $1,254,469 $1,765,867 $811,952
2021 $1,118,843 $729,228 $810,022 $389,615
2020 $462,151 $627,372 $560,131 $-165,221
2019 $663,044 $778,038 $574,448 $-114,994
2018 $739,087 $646,125 $701,801 $92,962
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