CATHOLIC LITERARY ARTS (EIN 833297591) - Form 990 Financial Analysis & Trantor Score

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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

2018

Legal Domicile

Principal Officer

SARAH CORTEZ

Phone

7135249404

Tax Period

2024-01-01 to 2024-12-31

CATHOLIC LITERARY ARTS, founded in 2018, is a small nonprofit in the Arts, Culture & Humanities sector that reported $187K in total revenue in fiscal year 2024.

Mission

Catholic Literary Arts encourages ongoing growth in literary, artistic, and spiritual development of artists and writers so that the Cultural Patrimony and rich treasures of the Catholic Church may be more perfectly explored and used to draw all peoples to God.

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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 (2024)

Revenue Breakdown

Contributions & Grants $46,188

Program Service Revenue $129,143

Investment Income $0

Other Revenue $11,897

TOTAL REVENUE $187,228

Expense Breakdown

Grants Paid $30,628

Salaries & Benefits $46,407

Fundraising Expenses $0

Program Expenses $97,970

Other Expenses $107,274

TOTAL EXPENSES $184,309

Year-over-Year Comparison

	2024	2023	Change
Revenue	$187,228	$180,217	+0.0%
Expenses	$184,309	$143,426	+0.3%
Net Income	$2,919	$36,791	-0.9%

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

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

$22,100

Total Directors

$9,900

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SARAH CORTEZ	PRESIDENT AND FOUNDER	60.00	Officer	$19,500	$0	$19,500
GONZALO A RAMOS	DIRECTOR OF MARKETING	5.00	Director	$6,500	$0	$6,500
MARIA K ILLICH	SECRETARY	5.00	Officer	$2,600	$0	$2,600
LESLEY CLINTON	MEMBER	2.00	Director	$2,000	$0	$2,000
MATTHEW BOYLESTON	MEMBER	0.30	Director	$1,400	$0	$1,400
PAUL FELIX	CHAPLAIN	0.50	Director	$0	$0	$0
FRAN PETERSON	MEMBER	0.30	Director	$0	$0	$0
LARRY W MASSEY Jr	CHAIRMAN OF THE BOARD	5.00	Officer	$0	$0	$0
GABINO CORTEZ	TREASURER	10.00	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
2024	$187,228	$184,309	$184,261	$2,919

CATHOLIC LITERARY ARTS