RENOVACION CARISMATICA CATOLICA HISPANA DE CHICAGO

EIN: 853952123 501(c)(3) Religion

CHICAGO, IL

Total Revenue
$271,218
Total Expenses
$287,544
Total Assets
$377,887
Net Assets
$376,797
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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
2020
Legal Domicile
IL
Principal Officer
CARLOS MORALES
Phone
3128407104
Tax Period
2023-01-01 to 2023-12-31

RENOVACION CARISMATICA CATOLICA HISPANA DE CHICAGO, founded in 2020, is a small nonprofit in the Religion sector that reported $271K in total revenue in fiscal year 2023. Revenue surged 27% from the prior year, signaling strong growth momentum.

Mission

Engagement in supporting the evangelization in the archdiocese of chicago.

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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 $271,218
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $271,218

Expense Breakdown

Grants Paid $3,820
Salaries & Benefits $72,503
Fundraising Expenses $0
Other Expenses $211,221
TOTAL EXPENSES $287,544

Year-over-Year Comparison

2023 2022 Change
Revenue $271,218 $213,621 +0.3%
Expenses $287,544 $252,482 +0.1%
Net Income $-16,326 $-38,861 -0.6%
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
N/A
Independent Members
N/A
Employees
N/A
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
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CARLOS MORALES EXECUTIVE DIRECTOR 000.00
Director
$0 $0 $0
JOSE ECHEVERRIA TREASURER 000.00
Officer
$0 $0 $0
ARSENIO LUNA SECRETARY 000.00
Officer
$0 $0 $0
GUADALUPE PATINO SUB SECRETARY 000.00
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 No data No data No data No data
2023 $271,218 $287,544 $377,887 $-16,326
2022 $213,621 $252,482 $393,207 $-38,861
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