MY CATHOLIC LIFE INC

EIN: 811906777 501(c)(3) Religion

CRYSTAL LAKE, IL

Total Revenue
$205,001
Total Expenses
$153,493
Total Assets
$77,282
Net Assets
$76,916
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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
2016
Legal Domicile
IL
Principal Officer
RAYMOND A BRODESKI
Phone
8153537623
Tax Period
2023-01-01 to 2023-12-31

MY CATHOLIC LIFE INC, founded in 2016, is a small nonprofit in the Religion sector that reported $205K in total revenue in fiscal year 2023. The organization ran a surplus of $52K, a strong 25% operating margin.

Mission

TO SHARE THE GOSPEL THROUGH WEBSITES, MOBILE APPS AND BOOKS

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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 $64,747
Program Service Revenue $140,254
Investment Income $0
Other Revenue $0
TOTAL REVENUE $205,001

Expense Breakdown

Grants Paid $1,850
Salaries & Benefits $21,010
Fundraising Expenses $0
Program Expenses $120,622
Other Expenses $130,633
TOTAL EXPENSES $153,493

Year-over-Year Comparison

2023 2022 Change
Revenue $205,001 N/A N/A
Expenses $153,493 N/A N/A
Net Income $51,508 N/A N/A
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
6
Independent Members
6
Employees
1
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
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RAYMOND A BRODESKI PRESIDENT 0.25
Officer Director
$0 $0 $0
MICHAEL CYRS DIRECTOR 0.25
Director
$0 $0 $0
MSGR DANIEL HERMES SPIRITUAL DI 1.00
Director
$0 $0 $0
GORDON L LONG SECRETARY 0.25
Officer Director
$0 $0 $0
JOHN PALADINO DIRECTOR 0.25
Director
$0 $0 $0
GWEN D SALVI TREASURER 5.00
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 No data No data No data No data
2024 No data No data No data No data
2023 $205,001 $153,493 $77,282 $51,508
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