CATHOLIC BUSINESS NETWORK OF CENTRAL VIRGINIA INC

EIN: 753037721 501(c)(3) Religion

FREDERICKSBURG, VA

Total Revenue
$91,602
Total Expenses
$91,477
Total Assets
$-8,934
Net Assets
$-8,934
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
2002
Legal Domicile
VA
Principal Officer
HUGH BROWN
Tax Period
2019-01-01 to 2019-12-31

CATHOLIC BUSINESS NETWORK OF CENTRAL VIRGINIA INC, founded in 2002, is a small nonprofit in the Religion sector that reported $245K in total revenue in fiscal year 2018. Revenue grew 18% year-over-year, indicating healthy expansion.

Mission

TO SUPPORT CATHOLIC CAMPUS MINISTRIES AND LOCAL CATHOLIC HIGH SCHOOL

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $91,602
TOTAL REVENUE $91,602

Expense Breakdown

Grants Paid $91,477
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $91,477
Other Expenses $0
TOTAL EXPENSES $91,477

Year-over-Year Comparison

2019 2018 Change
Revenue $91,602 $245,160 -0.6%
Expenses $91,477 $265,093 -0.7%
Net Income $125 $-19,933 -1.0%
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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Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
5
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
3
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
FRED ESPINEL DIRECTOR 0.00
Director
$0 $0 $0
FATHER DON ROOMEY CHAPLAIN 0.00
Director
$0 $0 $0
HUGH BROWN PRESIDENT 0.00
Officer
$0 $0 $0
MICHAEL GUGERTY TREASURER 0.00
Officer
$0 $0 $0
ED DIHLMAN VIC-PRESIDENT 0.00
Officer
$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
2019 $91,602 $91,477 $-8,934 $125
2018 $245,160 $265,093 $-9,059 $-19,933
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