VERITAS CATHOLIC INFORMATION CENTER

EIN: 863496786 501(c)(3) Religion

GREENVILLE, SC

Total Revenue
$393,038
Total Expenses
$227,394
Total Assets
$507,035
Net Assets
$507,035
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2021
Legal Domicile
SC
Principal Officer
RICHARD POREMBA
Phone
8642849439
Tax Period
2024-01-01 to 2024-12-31

VERITAS CATHOLIC INFORMATION CENTER, founded in 2021, is a small nonprofit in the Religion sector that reported $393K in total revenue in fiscal year 2024. Revenue surged 114% from the prior year, signaling strong growth momentum. The organization ran a surplus of $166K, a strong 42% operating margin.

Mission

THE VERITAS CATHOLIC INFORMATION CENTER (VCIC) WILL PROCLAIM THE BEAUTY, TRUTH AND FULLNESS OF THE CATHOLIC FAITH IN ORDER TO FULFILL CHRIST'S GREAT COMMISSION TO "GO AND MAKE DISCIPLES OF ALL NATIONS. ORGANIZED AND MANAGED BY LAY PERSONS IN FULL COMMUNION WITH THE CATHOLIC CHURCH, THE VCIC WILL PROCLAIM THE FULLNESS OF THE GOSPEL OF JESUS CHRIST IN A WELCOMING SETTING IN THE HEART OF DOWNTOWN GREENVILLE, SOUTH CAROLINA.

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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 (2024)

Revenue Breakdown

Contributions & Grants $354,482
Program Service Revenue $0
Investment Income $3,696
Other Revenue $34,860
TOTAL REVENUE $393,038

Expense Breakdown

Grants Paid $0
Salaries & Benefits $46,820
Fundraising Expenses $0
Program Expenses $198,438
Other Expenses $180,574
TOTAL EXPENSES $227,394

Year-over-Year Comparison

2024 2023 Change
Revenue $393,038 $183,861 +1.1%
Expenses $227,394 $187,150 +0.2%
Net Income $165,644 $-3,289 -51.4%
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

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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
10
Independent Members
10
Employees
2
Volunteers
67

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
6
$43,492
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
THIERRY WERSINGER BOARD MEMBER 10.00
Director
$0 $0 $0
LINDA COWART BOARD MEMBER 3.00
Director
$0 $0 $0
DAVID ALVIS BOARD MEMBER 2.00
Director
$0 $0 $0
PAULA BIKULEGE BOARD MEMBER 1.50
Director
$0 $0 $0
MICHAEL SPITZMILLER BOARD MEMBER 5.00
Director
$0 $0 $0
KATRINA WHITTLINGER BOARD MEMBER 1.50
Director
$0 $0 $0
RICHARD POREMBA TREASURER 8.00
Officer Director
$0 $0 $0
JORDAN M ROBERTS CHAIR 1.50
Officer Director
$0 $0 $0
ROBERT POPPLETON CO-CHAIR 2.50
Officer Director
$0 $0 $0
TONY OWENS SECRETARY 2.00
Officer Director
$0 $0 $0
CHARLIE BATHON EXECUTIVE DIRECTOR BEG 7/2024 40.00
Officer
$13,000 $0 $13,000
BRENDAN DUDLEY EXECUTIVE DIRECTOR THRU 6/2024 40.00
Officer
$30,492 $0 $30,492
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 $393,038 $227,394 $507,035 $165,644
2022 $281,653 $22,380 $288,616 $259,273
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