FRIENDS OF THE CARMELITE NUNS OF NORTH FLORIDA INC

EIN: 931923038 501(c)(3) Religion

PONTE VEDRA BEACH, FL

Total Revenue
$1,041,756
Total Expenses
$51,675
Total Assets
$1,990,081
Net Assets
$990,081
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2023
Legal Domicile
FL
Principal Officer
CATHERINE HENSLEY
Phone
7047730064
Tax Period
2023-06-15 to 2023-12-31

FRIENDS OF THE CARMELITE NUNS OF NORTH FLORIDA INC, founded in 2023, is a community nonprofit in the Religion sector that reported $1.0M in total revenue in fiscal year 2023. The organization ran a surplus of $990K, a strong 95% operating margin.

Mission

FINANCIAL AND OTHER ASSISTANCE FOR THE DISCALCES CARMELITE NUNS OF THE MONASTERY OF THE LITTLE FLOWER OF JESUS TO RELOCATE FROM BUFFALO, NY TO THE DIOCESE OF ST. AUGUSTINE, FL.

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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 $1,040,095
Program Service Revenue $0
Investment Income $1,661
Other Revenue $0
TOTAL REVENUE $1,041,756

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $24,000
Program Expenses $27,675
Other Expenses $27,675
TOTAL EXPENSES $51,675

Year-over-Year Comparison

2023 2022 Change
Revenue $1,041,756 N/A N/A
Expenses $51,675 N/A N/A
Net Income $990,081 N/A N/A
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
3
Independent Members
3
Employees
N/A
Volunteers
3

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
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CATHERINE HENSLEY PRESIDENT 8.00
Officer
$0 $0 $0
KYLE HENSLEY TREASURER 2.00
Officer
$0 $0 $0
ROBERT MYLOD SECRETARY 1.00
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 $1,041,756 $51,675 $1,990,081 $990,081
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