PREAMBULA GROUP

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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

2019

Legal Domicile

Principal Officer

MICHEL THERRIEN

Phone

7247576547

Tax Period

2023-01-01 to 2023-12-31

PREAMBULA GROUP, founded in 2019, is a small nonprofit in the Religion sector that reported $705K in total revenue in fiscal year 2023. Expenses of $614K left a modest 13% surplus.

Mission

PREAMBULA GROUP IS A NON-PROFIT LAY APOSTOLATE THAT PROVIDES FORMATION AND TRAINING TO INDIVIDUALS AND ORGANIZATIONS FOR THE WORK OF THE NEW EVANGELIZATION.

Program Service Accomplishments

Program 1

Expenses: $261,047 Revenue: $116,170

DISCIPLESHIP FORMATION: PREAMBULA GROUP IS A LAY APOSTOLATE THAT EXISTS TO SUPPORT THE FORMATION AND GROWTH OF CATHOLIC DISCIPLES FOR THE WORK OF THE NEW EVANGELIZATION. OUR WORK IS FOCUSED ON MAKING OUR PARISHES AND THEIR FAITHFUL ENGAGED IN THEIR ENCOUNTERS WITH CHRIST THROUGH EDUCATION, GROUP STUDY AND PRAYER SO THAT THEY WILL BECOME DISCIPLES AND BUILD UP PARISH LIFE IN THE REGION AND THE CHURCH AT LARGE. FORMATION ACTIVITIES ARE CONDUCTED THROUGH THE ON FIRE, YOUR MISSION, AND THE WAY PROGRAMS. CONTINUED ON SCHEDULE O.ON FIRE IS A SIX-MONTH EXPERIENCE THAT CALLS DISCIPLES TO JOURNEY WITH OTHERS TO DEEP THEIR RELATIONSHIP WITH GOD AND DISCERN HOW GOD IS CALLING THEM TO BE MISSIONARY DISCIPLES FOR THE CHURCH. UPON COMPLETION OF THE ON FIRE PROGRAM, PARTICIPANTS MAY JOURNEY FOR AN ADDITIONAL SIX MONTHS IN THE YOUR MISSION PROGRAM. THIS PROGRAM FOCUSES ON THE DISCIPLES ABILITY TO SHARE THEIR FAITH COMFORTABLY AND CONFIDENTLY IN THE SECULAR WORLD. THE WAY PROGRAM IS OFFERED AS AN INTRODUCTORY FORMATION EXPERIENCE. SPIRITUAL DIRECTION IS ALSO PROVIDED IN GROUP AND ONE-ON-ONE SETTINGS.

Program 2

Expenses: $236,830

THE METANOIA PROJECT: THE METANOIA PROJECT INVESTS IN THE SPIRITUAL VITALITY AND GROWTH OF PARISH STAFFS AND KEY PARISH VOLUNTEERS WORKING IN MINISTRY. THE INITIATIVE FOSTERS PERSONAL AND CULTURAL...

THE METANOIA PROJECT: THE METANOIA PROJECT INVESTS IN THE SPIRITUAL VITALITY AND GROWTH OF PARISH STAFFS AND KEY PARISH VOLUNTEERS WORKING IN MINISTRY. THE INITIATIVE FOSTERS PERSONAL AND CULTURAL TRANSFORMATION FOR THE PARISH LEADERSHIP TEAM THAT CULTIVATES TRUST AND COHESION. PARISH STAFFS ARE LED THROUGH NUMEROUS RETREAT-LIKE EXPERIENCES THAT HELP THEM MAINTAIN MINISTRY FOCUS AND ENERGY. PARTICIPANTS RECEIVE REGULAR OPPORTUNITIES FOR INDIVIDUAL AND TEAM COACHING AROUND PERSONAL IDENTITY AND MISSION. THEY ALSO BENEFIT FROM ONGOING TRAINING AND CONSULTATION FOR PARISH RENEWAL.

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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 $587,437

Program Service Revenue $116,170

Investment Income $0

Other Revenue $1,649

TOTAL REVENUE $705,256

Expense Breakdown

Grants Paid $0

Salaries & Benefits $395,653

Fundraising Expenses $52,193

Program Expenses $497,877

Other Expenses $218,756

TOTAL EXPENSES $614,409

Year-over-Year Comparison

	2023	2022	Change
Revenue	$705,256	$693,076	+0.0%
Expenses	$614,409	$645,594	0.0%
Net Income	$90,847	$47,482	+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

$162,600

Total Directors