LOCUS BENEDICTUS INC

EIN: 472293145 501(c)(3) Religion

GREENWOOD, MS

Total Revenue
$116,871
Total Expenses
$133,084
Total Assets
$389,217
Net Assets
$120,923
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Principal Officer
MAGDALENE ABRAHAM
Phone
6622991232
Tax Period
2023-01-01 to 2023-12-31

LOCUS BENEDICTUS INC is a small nonprofit in the Religion sector that reported $117K in total revenue in fiscal year 2023. Revenue surged 33% from the prior year, signaling strong growth momentum. Expenses of $133K exceeded revenue, resulting in a 14% operating deficit.

Mission

TO PROVIDE A RELIGIOUS, PEACEFUL & SPIRITUAL RETREAT AREA FOR ALL COUPLES, YOUTH AND RELIGIOUS PERSONS IN THE AREA SERVED.

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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 $114,256
Program Service Revenue $2,580
Investment Income $35
Other Revenue $0
TOTAL REVENUE $116,871

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $130,952
Other Expenses $133,084
TOTAL EXPENSES $133,084

Year-over-Year Comparison

2023 2022 Change
Revenue $116,871 $88,072 +0.3%
Expenses $133,084 $139,701 0.0%
Net Income $-16,213 $-51,629 -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

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Governance

Voting Members
13
Independent Members
13
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
2
$0
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MAGDALENE ABRAHAM PRESIDENT N/A
Officer Director
$0 $0 $0
JOHN C COOK VICE PRESIDE N/A
Officer Director
$0 $0 $0
NANCY EHRET DIRECTOR N/A
Director
$0 $0 $0
REV WILLIAM HENRY DIRECTOR N/A
Director
$0 $0 $0
REV DAVID O'CONNOR D MIN DIRECTOR N/A
Director
$0 $0 $0
MICHAEL WHELAN PH D DIRECTOR N/A
Director
$0 $0 $0
JOAN NORED DIRECTOR N/A
Director
$0 $0 $0
CLAUDIA HENSON DIRECTOR N/A
Director
$0 $0 $0
HOWARD BUCK HILL DIRECTOR N/A
Director
$0 $0 $0
REV JOSE SANCHEZ DIRECTOR N/A
Director
$0 $0 $0
KIM YOUNG DIRECTOR N/A
Director
$0 $0 $0
CHARLOTTE DALE DIRECTOR N/A
Director
$0 $0 $0
BILL RUSSELL DIRECTOR N/A
Director
$0 $0 $0
ANNETTE MIZE DIRECTOR N/A
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
2023 $116,871 $133,084 $389,217 $-16,213
2022 $88,072 $139,701 $415,931 $-51,629
2021 $101,149 $139,580 $515,991 $-38,431
2020 $171,376 $119,157 $362,364 $52,219
2019 $105,116 $82,263 $311,429 $22,853
2018 $122,884 $98,814 $192,326 $24,070
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