Witness To Love Marriage Prep Renewal Ministry

EIN: 474656034 501(c)(3)

Saint Martinville, LA

Total Revenue
$1,170,713
Total Expenses
$1,025,202
Total Assets
$257,102
Net Assets
$256,071
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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
2015
Legal Domicile
LA
Principal Officer
Ryan Verret
Phone
3372411214
Tax Period
2024-01-01 to 2024-12-31

Witness To Love Marriage Prep Renewal Ministry, founded in 2015, is a community nonprofit that reported $1.2M in total revenue in fiscal year 2024. Revenue surged 65% from the prior year, signaling strong growth momentum. Expenses of $1.0M left a modest 12% surplus.

Mission

Our mission is to provide local churches with the tools to transform existing programs of marriage preparation into wellsprings of dynamic marriage discipleship that foster both parish connection and nurture authentic accompaniment before and after the wedding day.

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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 $765,034
Program Service Revenue $44,914
Investment Income $0
Other Revenue $360,765
TOTAL REVENUE $1,170,713

Expense Breakdown

Grants Paid $0
Salaries & Benefits $683,140
Fundraising Expenses $21,182
Program Expenses $740,611
Other Expenses $342,062
TOTAL EXPENSES $1,025,202

Year-over-Year Comparison

2024 2023 Change
Revenue $1,170,713 $711,569 +0.6%
Expenses $1,025,202 $715,600 +0.4%
Net Income $145,511 $-4,031 -37.1%
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
10
Independent Members
8
Employees
11
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
4
$436,401
Total Directors
10
$209,499
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Mary-Rose Verret President/Secretary/Co-Exe 50.00
Officer Director
$96,750 $8,000 $104,750
Ryan Verret Vice-President/Co-Executiv 50.00
Officer Director
$97,845 $6,904 $104,749
Fr Eric Cadin Director 1.00
Director
$0 $0 $0
David Lukinovich Director 1.00
Director
$0 $0 $0
Peter Martin Director 1.00
Director
$0 $0 $0
Kate Sell Director 1.00
Director
$0 $0 $0
Sr Virginia Joy SV Director 1.00
Director
$0 $0 $0
Kathryn Lopez Director 1.00
Director
$0 $0 $0
Karl Hennings Director 1.00
Director
$0 $0 $0
Salvatore Caruso Director 1.00
Director
$0 $0 $0
David Dawson Chief Operating Officer 50.00
Officer
$106,750 $0 $106,750
Raymond Hebert VP of Philanthropy 40.00
Officer
$113,919 $6,233 $120,152
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 $1,170,713 $1,025,202 $257,102 $145,511
2023 $711,569 $715,600 $130,470 $-4,031
2022 $535,307 $690,419 $121,002 $-155,112
2021 $602,048 $558,351 $272,489 $43,697
2020 $439,462 $447,451 $233,687 $-7,989
2019 $378,747 $452,473 $207,323 $-73,726
2018 $404,726 $269,848 $276,284 $134,878
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