FLORIDA CONFERENCE OF CATHOLIC BISHOPS INC

EIN: 454863384 Public & Societal Benefit

TALLAHASSEE, FL

Total Revenue
$685,945
Total Expenses
$633,585
Total Assets
$308,920
Net Assets
$286,191
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
FL
Principal Officer
MICHAEL B SHEEDY
Phone
8502056820
Tax Period
2024-07-01 to 2025-06-30

FLORIDA CONFERENCE OF CATHOLIC BISHOPS INC, founded in 2012, is a small nonprofit in the Public & Societal Benefit sector that reported $686K in total revenue in fiscal year 2024. Revenue surged 37% from the prior year, signaling strong growth momentum. Expenses of $634K left a modest 8% surplus.

Mission

TO SERVE AS A LIAISON TO STATE GOVERNMENT ON MATTERS OF CONCERN TO THE CATHOLIC CHURCH IN THE SEVEN DIOCESES OF THE PROVINCE OF MIAMI AS A NONPARTISAN PUBLIC POLICY VOICE ON BEHALF OF THE CATHOLIC BISHOPS OF FLORIDA.

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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 $681,516
Program Service Revenue $0
Investment Income $4,429
Other Revenue $0
TOTAL REVENUE $685,945

Expense Breakdown

Grants Paid $100,000
Salaries & Benefits $245,565
Fundraising Expenses $0
Program Expenses $461,370
Other Expenses $288,020
TOTAL EXPENSES $633,585

Year-over-Year Comparison

2024 2023 Change
Revenue $685,945 $500,981 +0.4%
Expenses $633,585 $637,761 0.0%
Net Income $52,360 $-136,780 -1.4%
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

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Governance

Voting Members
8
Independent Members
8
Employees
N/A
Volunteers
8

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
$132,091
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL B SHEEDY EXECUTIVE DI 19.00
Officer
$53,331 $16,906 $132,091
BISHOP GERALD BARBARITO VICE-PRESIDE 0.50
Officer Director
$0 $0 $0
BISHOP ENRIQUE DELGADO MEMBER 0.50
Director
$0 $0 $0
BISHOP FRANK DEWANE MEMBER 0.50
Director
$0 $0 $0
BISHOP JOHN NOONAN SECRETARY 0.50
Officer Director
$0 $0 $0
BISHOP GREGORY PARKES MEMBER 0.50
Director
$0 $0 $0
BISHOP ERIK POHLMEIER MEMBER 0.50
Director
$0 $0 $0
BISHOP WILLIAM WACK TREASURER 0.50
Officer Director
$0 $0 $0
ARCHBISHOP THOMAS WENSKI PRESIDENT 0.50
Officer 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
2025 $685,945 $633,585 $308,920 $52,360
2024 $500,981 $637,761 $308,206 $-136,780
2023 $528,592 $438,531 $374,963 $90,061
2022 $443,876 $531,761 $287,406 $-87,885
2021 $340,909 $336,772 $397,044 $4,137
2020 $480,418 $376,679 $377,373 $103,739
2019 $412,080 $477,799 $294,869 $-65,719
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