LAUDATO SI CHALLENGE INC

EIN: 825244693 501(c)(3) Religion

FAIRFAX, CA

Total Revenue
$1,425,000
Total Expenses
$1,408,082
Total Assets
$1,350,675
Net Assets
$1,369,672
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
DE
Principal Officer
ERIC HARR
Phone
4148273073
Tax Period
2023-01-01 to 2023-12-31

LAUDATO SI CHALLENGE INC, founded in 2018, is a community nonprofit in the Religion sector that reported $1.4M in total revenue in fiscal year 2023. Revenue fell 52% from the prior year — a significant decline worth monitoring.

Mission

TAKING UP THE CHALLENGES OF LAUDATO SI, THE LAUDATO SI CHALLENGE SEEKS TO SUSTAINABLY IMPROVE THE LIVES OF 10 MILLION PEOPLE EXCLUDED FROM OUR COMMON HOME BY 2020 THROUGH BUSINESSES THAT ARE SUSTAINABLE AND ETHICAL - THUS ANTICIPATING THE VISION OF THE SUSTAINABLE DEVELPMENT.

Program Service Accomplishments

Program 1
Expenses: $761,227

WORKING WITH PUBLIC, PRIVATE AND FAITH SECTOR LEADERS - SPECIIFICALLY AT THE VATICAN - TO ADDRESS THE HUMANITARIAN CRISIS OF FORCED DISPLACEMENT.INSPIRED BY POPE FRANCIS AND HIS ENCYCLICAL LETTER...

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WORKING WITH PUBLIC, PRIVATE AND FAITH SECTOR LEADERS - SPECIIFICALLY AT THE VATICAN - TO ADDRESS THE HUMANITARIAN CRISIS OF FORCED DISPLACEMENT.INSPIRED BY POPE FRANCIS AND HIS ENCYCLICAL LETTER, LAUDATO SI: ON CARE FOR OUR COMMON HOME, THE LAUDATO SI CHALLENGE SUPPORTS MEASURABLEE AND TIME-BOUND SOLUTIONS TO THE GLOBAL CHALLENGES OF CLIMATE CHANGE AND POVERTY.

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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 $525,000
Program Service Revenue $900,000
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,425,000

Expense Breakdown

Grants Paid $114,376
Salaries & Benefits $281,804
Fundraising Expenses $258,744
Program Expenses $761,227
Other Expenses $1,011,902
TOTAL EXPENSES $1,408,082

Year-over-Year Comparison

2023 2022 Change
Revenue $1,425,000 $2,992,076 -0.5%
Expenses $1,408,082 N/A N/A
Net Income $16,918 $2,992,076 -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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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
4
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
2
$263,013
Total Directors
5
$263,013
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ERIC HARR CO-FOUNDER & CEO 100.00
Officer Director
$263,013 $0 $263,013
LAUREN EMBRY CHAIR 1.00
Officer Director
$0 $0 $0
KYLE BALLARTA DIRECTOR 1.00
Director
$0 $0 $0
BRENDAN DOHERTY DIRECTOR 1.00
Director
$0 $0 $0
FRANK DICRISI DIRECTOR 1.00
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
2023 $1,425,000 $1,408,082 $1,350,675 $16,918
2022 $2,992,076 $1,651,462 $1,496,854 $1,340,614
2021 $747,822 $733,331 $182,200 $14,491
2020 $916,416 $923,000 $224,108 $-6,584
2019 $723,999 $720,991 $230,692 $3,008
2018 $973,169 $713,052 $260,117 $260,117
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