MY CATHOLIC LIFE INC

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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

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

Program Service Accomplishments

Program 1

Expenses: $12,233 Revenue: $108,842

TO SHARE THE GOSPEL THROUGH WEBSITES AND MOBILE APPS

Program 2

Expenses: $106,539 Revenue: $31,412

TO SHARE THE GOSPEL THROUGH 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%)

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

Governance

Voting Members

Independent Members

Employees

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

Total Directors

Key Employees

Highest Compensated

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