Houston, TX
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)LC Fund for Priestly Formation, founded in 2014, is a community nonprofit in the Religion sector that reported $9.0M in total revenue in fiscal year 2023. Revenue surged 42% from the prior year, signaling strong growth momentum. Expenses of $10.9M exceeded revenue, resulting in a 21% operating deficit.
TO DEVELOP, IMPROVE AND SUPPORT NONPROFIT, PAROCHIAL SCHOOLS LOCATED IN THE UNITED STATES, MEXICO, BRAZIL AND ITALY. THE ORGANIZATION WILL TRANSFER FUNDS DIRECTLY TO THE LEGION SCHOOLS WHICH ARE CONSTRUCTING NEW FACILITIES OR ESTABLISHING NEW PROGRAMS IN FURTHERANCE OF THEIR EDUCATIONAL PURPOSES.
TO DEVELOP, IMPROVE AND SUPPORT NONPROFIT, PAROCHIAL SCHOOLS LOCATED IN THE UNITED STATES, MEXICO, BRAZIL AND ITALY. THE ORGANIZATION WILL TRANSFER FUNDS DIRECTLY TO THE LEGION SCHOOLS WHICH ARE...
TO DEVELOP, IMPROVE AND SUPPORT NONPROFIT, PAROCHIAL SCHOOLS LOCATED IN THE UNITED STATES, MEXICO, BRAZIL AND ITALY. THE ORGANIZATION WILL TRANSFER FUNDS DIRECTLY TO THE LEGION SCHOOLS WHICH ARE CONSTRUCTING NEW FACILITIES OR ESTABLISHING NEW PROGRAMS IN FURTHERANCE OF THEIR EDUCATIONAL PURPOSES.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $9,010,049 | $6,359,818 | +0.4% |
| Expenses | $10,893,585 | $2,957,166 | +2.7% |
| Net Income | $-1,883,536 | $3,402,652 | -1.6% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| JOHN CONNOR | PRESIDENT & DIRECTOR | 2.0 |
Officer
Director
|
$0 | $0 | $0 |
| HERNAN JIMENEZ | VICE-PRESIDENT & DIRECTOR | 2.0 |
Officer
Director
|
$0 | $0 | $0 |
| LUIS ALBERTO HENAO | SECRETARY & DIRECTOR | 2.0 |
Officer
Director
|
$0 | $0 | $0 |
| JOSE GERARDO CARDENAS | TREASURER & DIRECTOR | 2.0 |
Officer
Director
|
$0 | $0 | $0 |
| RAFAEL DUCCI | DIRECTOR | 2.0 |
Director
|
$0 | $0 | $0 |
| FRANK FORMOLO | ASSISTANT SECRETARY | 2.0 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | No data | No data | No data | No data |
| 2023 | $9,010,049 | $10,893,585 | $10,180,217 | $-1,883,536 |
| 2022 | $6,359,818 | $2,957,166 | $11,375,575 | $3,402,652 |
| 2021 | $5,730,048 | $1,788,970 | $8,722,078 | $3,941,078 |
| 2020 | $4,775,916 | $570,877 | $4,808,855 | $4,205,039 |
| 2018 | $28,852 | $15,751 | $332,952 | $13,101 |
Compare LC Fund for Priestly Formation with other nonprofits in Texas and across the country.