2024-04-14T13:55:52-05:00 2023-06-30 410746749 CLIFTONLARSONALLEN LLP 8390 EAST CRESCENT PARKWAY SUITE 300 GREENWOOD VILLAGE CO 80111 990 2022-07-01 953754404 CATHOLIC ANSWERS INC CATH 6193877200 2020 GILLESPIE WAY EL CAJON CA 920200908 PHILIP LENAHAN CFO/TREASURER 6193877200 2024-04-11 1 PHILIP LENAHAN XXX-XX-XXXX 1 SARAH HINTZ P00492291 3037795710 2024-03-26 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z PHILIP LENAHAN 2020 GILLESPIE WAY EL CAJON CA 920200908 9880155 0 X WWW.CATHOLIC.COM X 1982 CA APOSTOLATE DEDICATED TO SERVING CHRIST BY BRINGING THE FULLNESS OF CATHOLIC TRUTH TO THE WORLD. 8 7 55 9 91577 0 6875072 6917685 1913267 492102 2012 3827 4750 1086218 8795101 8499832 0 0 0 0 4814699 5243929 0 0 1347930 3910817 3815512 8725516 9059441 69585 -559609 3880962 3838282 1014261 1497406 2866701 2340876 X CATHOLIC ANSWERS IS AN APOSTOLATE DEDICATED TO SERVING CHRIST BY BRINGING THE FULLNESS OF CATHOLIC TRUTH TO THE WORLD. WE HELP GOOD CATHOLICS BECOME BETTER CATHOLICS, BRING FORMER CATHOLICS HOME, AND LEAD NON-CATHOLICS INTO THE FULLNESS OF THE FAITH. 0 0 2300586 0 1085018 PRODUCTS: DISTRIBUTION OF HUNDREDS OF THOUSANDS OF RELIGIOUS RELATED PRODUCTS SUCH AS BOOKS, PAMPHLETS, DIGITAL PRODUCTS, ETC. TO SPREAD THE CATHOLIC TRUTH TO THE WORLD. 2332046 0 400525 OTHER PROGRAMS INCLUDE "CATHOLIC ANSWERS" MAGAZINE, APOLOGETICS AND EVANGELIZATION, AND OTHER MISCELLANEOUS PROJECTS. 1783090 0 0 RADIO: CATHOLIC ANSWERS LIVE IS A PROGRAM BROADCAST VIA RADIO, SATELLITE RADIO, STREAMING INTERNET AND PODSHOW. THE SHOW IS DEDICATED TO SERVING CHRIST BY BRINGING THE FULLNESS OF CATHOLIC TRUTH TO THE WORLD. 746143 0 0 WEBSITE: ONE OF OUR LARGEST OUTREACHES IS OUR WEBSITE, CATHOLIC.COM, WHICH SEES MORE THAN ONE MILLION PAGE VIEWS PER MONTH. THE DAILY TRAFFIC ON CATHOLIC.COM CONTINUES TO GROW EACH YEAR. OUR SITE HOSTS THOUSANDS OF ARTICLES, VIDEOS, AND OTHER RESOURCES AVAILABLE TO EACH AND EVERY VISITOR AT NO COST, AND EVERY DAY IT HIGHLIGHTS FRESH CONTENT WRITTEN BY CATHOLIC ANSWERS APOLOGISTS AND OTHERS. 746143 0 0 7161865 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 113 0 1 55 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 8 7 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 1 0 AK CO FL HI IL KS MA ME MI MN MS NV NH NJ NM NY NC ND PA RI SC TN UT VA WA WV WI X X PHILIP LENAHAN 6193877200 2020 GILLESPIE WAY EL CAJON CA 92020 CHRISTOPHER CHECK PRESIDENT 40.00 X X 214225 0 31641 PHILIP LENAHAN CHIEF FINANCIAL OFFICER 26.00 X 177764 0 41588 DAVID MATHESON DIRECTOR OF DEVELOPMENT 40.00 X 167222 0 25308 JON SORENSEN CHIEF OPERATING OFFICER 40.00 X 169607 0 20835 TRENT HORN APOLOGIST/SPEAKER 40.00 X 159874 0 29493 JOHN VERCILLO DIRECTOR OF STUDIOS 40.00 X 151625 0 35965 TODD AGLIALORO DIRECTOR OF PUBLISHING 40.00 X 148080 0 31550 CHRISTOPHER COSTELLO DIRECTOR OF IT 40.00 X 146032 0 32939 TIM STAPLES APOLOGIST/SPEAKER 40.00 X 139031 0 36154 SIOBHAN CRUZ KELLY SECRETARY 40.00 X X 45383 0 6306 TOM CARNEY CHAIRMAN (AS OF 3/23) 1.00 X X 0 0 0 TONY JACE CHAIRMAN (THRU 3/23) 1.00 X X 0 0 0 MIKE DECK VICE CHAIRMAN (AS OF 3/23) 1.00 X X 0 0 0 CHRISTINA CARUSO DIRECTOR 1.00 X 0 0 0 LISA FISCHER DIRECTOR 1.00 X 0 0 0 DR DENISE INCORVIA DIRECTOR 1.00 X 0 0 0 PAUL JONNA DIRECTOR 1.00 X 0 0 0 DR SYLVIA TRUMBLE DIRECTOR 1.00 X 0 0 0 1518843 0 291779 16 0 1 0 0 6917685 79201 6917685 PROGRAM EVENTS 611600 182652 182652 SEMINARS 611600 121479 121479 ADVERTISING REVENUE 541800 91577 91577 PROFESSIONAL SERVICES 541900 77000 77000 MAGAZINE SUBSCRIPTIONS 513120 19394 19394 492102 14846 14846 1200 0 1200 1200 1200 986000 997019 -11019 -11019 -11019 1468322 383304 1085018 1085018 8499832 1485543 91577 5027 947714 223549 415990 308175 3269332 2910084 359248 95117 82638 12479 619255 535281 8042 75932 312511 239359 25041 48111 12110 9326 970 1814 32123 32123 551720 527435 8383 15902 277457 276259 136 1062 1404997 1042857 6119 356021 458473 380609 14604 63260 191189 191189 389297 307033 28245 54019 366832 328315 2487 36030 67830 52440 5428 9962 24473 18571 1964 3938 COST OF SALES 33105 33105 LICENSES AND DUES 5906 3815 114 1977 9059441 7161865 549646 1347930 366423 339761 2416416 1763034 195159 126111 464709 632467 273528 292400 956431 844906 150577 111525 14150 572984 3880962 3838282 861844 785671 142321 143579 10096 568156 1014261 1497406 X 2826451 2312890 40250 27986 2866701 2340876 3880962 3838282 -559609 33784 0 X X 0 1 X 1 0 X 6165123 6234095 6300535 6875072 6917685 32492510 6165123 6234095 6300535 6875072 6917685 32492510 32492510 91242 99504 8881 16212 16046 231885 32724395 10556249 0.99290 0.98970 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 420703 394300 26403 535728 450606 85122 111525 DEPOSITS 14150 ROU ASSETS 558834 572984 DEFERRED RENT 9322 LEASE LIABILITIES 558834 568156 X 8916920 33784 33784 8883136 -383304 -383304 8499832 9442745 383304 383304 9059441 0 9059441 PART X, LINE 2: CATHOLIC ANSWERS IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC) AND SECTION 23701(D) OF THE REVENUE AND TAXATION CODE OF CALIFORNIA. THE ORGANIZATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AND, AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX PROVISIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD -383,304. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 383,304. CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 FUNDRAISING & PROGRAM SERVICES DONATIONS EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 0 0 FUNDRAISING & PROGRAM SERVICES DONATIONS EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 FUNDRAISING & PROGRAM SERVICES DONATIONS MIDDLE EAST AND NORTH AFRICA - ALGERIA, BAHRAIN, DJIBOUTI, EGYPT, 0 0 FUNDRAISING & PROGRAM SERVICES DONATIONS NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 0 0 FUNDRAISING & PROGRAM SERVICES DONATIONS RUSSIA AND NEIGHBORING STATES - ARMENIA, AZERBIJAN, BELARUS, 0 0 FUNDRAISING & PROGRAM SERVICES DONATIONS SOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR, 0 0 FUNDRAISING & PROGRAM SERVICES DONATIONS SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, 0 0 FUNDRAISING & PROGRAM SERVICES DONATIONS SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, 0 0 FUNDRAISING & PROGRAM SERVICES DONATIONS 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 PART III ACCOUNTING METHOD: X X 0 0 0 1 0 0 0 0 0 CHRISTOPHER CHECK PRESIDENT 213975 0 250 0 0 0 6628 0 25013 0 245866 0 0 0 PHILIP LENAHAN CHIEF FINANCIAL OFFICER 177514 0 250 0 0 0 6270 0 35318 0 219352 0 0 0 DAVID MATHESON DIRECTOR OF DEVELOPMENT 166972 0 250 0 0 0 1455 0 23853 0 192530 0 0 0 JON SORENSEN CHIEF OPERATING OFFICER 169357 0 250 0 0 0 3397 0 17438 0 190442 0 0 0 TRENT HORN APOLOGIST/SPEAKER 159624 0 250 0 0 0 5681 0 23812 0 189367 0 0 0 JOHN VERCILLO DIRECTOR OF STUDIOS 151375 0 250 0 0 0 5307 0 30658 0 187590 0 0 0 TODD AGLIALORO DIRECTOR OF PUBLISHING 147830 0 250 0 0 0 5183 0 26367 0 179630 0 0 0 CHRISTOPHER COSTELLO DIRECTOR OF IT 145782 0 250 0 0 0 5123 0 27816 0 178971 0 0 0 TIM STAPLES APOLOGIST/SPEAKER 138781 0 250 0 0 0 4866 0 31288 0 175185 0 0 0 PART I, LINE 5 -THE ORGANIZATION PAYS A 10% COMMISSION OF PRODUCT SALES TO ITS SPEAKERS FOR THE SALES THEY MAKE AT ANY CONFERENCE. -SPEAKERS RECEIVE 50% OF THE HONORARIUM THE ORGANIZATION RECEIVES FROM ORGANIZATIONS HOSTING THEM. -THE ORGANIZATION PAYS ROYALTIES TO AUTHORS OF ITS PUBLISHED MATERIALS, INCLUDING STAFF AUTHORS. ROYALTIES ARE BASED ON GROSS SALES. -THE ORGANIZATION RUNS A SUMMER SERIES OF SEMINARS LOCALLY WHERE IT DOESN'T CHARGE THE HOSTING ENTITY. INSTEAD, IT PASSES THE HAT FOR DONATIONS, WHICH ARE TYPICALLY QUITE MODEST ($300-$600). THE ORGANIZATION PAYS ITS SPEAKER A 50% COMMISSION ON THESE DONATIONS. X 12 79201 MARKET VALUE 0 0 0 0 PART I, COLUMN (B): COLUMN B INDICATES THE NUMBER OF ITEMS THAT WERE DONATED. FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE CHIEF FINANCIAL OFFICER/ TREASURER, THE PRESIDENT, AND ALL REMAINING MEMBERS OF THE BOARD OF DIRECTORS BEFORE FILING WITH THE TAXING AUTHORITIES. FORM 990, PART VI, SECTION B, LINE 12C DUTY TO DISCLOSE: IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE TRUSTEES, WHO ARE CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. DETERMINING WHETHER A CONFLICT OF INTEREST EXISTS: AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, THE INTERESTED PERSON SHALL LEAVE THE BOARD MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. PROCEDURE FOR ADDRESSING THE CONFLICT OF INTEREST: IN THE EVENT THAT THE BOARD DETERMINES THAT A PROPOSED TRANSACTION OR ARRANGEMENT PRESENTS A CONFLICT OF INTEREST, THE BOARD SHALL TAKE THE FOLLOWING ACTIONS: - AN INTERESTED PERSON MAY MAKE A PRESENTATION AT THE BOARD MEETING, BUT AFTER THE PRESENTATION, HE/SHE SHALL LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT INVOLVING THE POSSIBLE CONFLICT OF INTEREST. -THE CHAIRMAN OF THE BOARD SHALL, IF APPROPRIATE, APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. -AFTER EXERCISING DUE DILIGENCE, THE BOARD SHALL DETERMINE WHETHER THE COPORATION CAN OBTAIN WITH REASONABLE EFFORTS A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. - IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY POSSIBLE UNDER CIRCUMSTANCES NOT PRODUCING A CONFLICT OF INTEREST, THE BOARD SHALL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED TRUSTEES WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE CORPORATION'S BEST INTEREST, FOR ITS OWN BENEFIT, AND WHETHER IT IS FAIR AND REASONABLE. IT SHALL MAKE ITS DECISION AS TO WHETHER INTO THE TRANSACTION OR ARRANGEMENT IN CONFORMITY WITH THIS DETERMINATION. VIOLATIONS OF THE CONFLICT OF INTEREST POLICY: IF THE BOARD HAS REASONABLE CAUSE TO BELIEVE AN INTERESTED PERSON HAS FAILED TO DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, IT SHALL INFORM THE INTERESTED PERSON OF THE BASIS FOR SUCH BELIEF AND AFFORD THE INTERESTED PERSON AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. IF, AFTER HEARING THE INTERESTED PERSON'S RESPONSE AND AFTER MAKING FURTHER INVESTIGATION AS WARRANTED BY THE CIRCUMSTANCES, THE BOARD DETERMINES THE INTERESTED PERSON HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT SHALL TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD REVIEWS 990'S OF COMPARABLE ORGANIZATIONS ALONG WITH PUBLICLY AVAILABLE SALARY SURVEY INFORMATION. SALARIES OF INDIVIDUALS IN COMPARABLE POSITIONS ARE USED TO SET COMPENSATION FOR OFFICERS, DIRECTORS AND KEY EMPLOYEES. COMPENSATION IS APPROVED BY THE BOARD. THIS PROCESS WAS LAST COMPLETED IN 2022. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIALS STATEMENTS AVAILABLE ON THE ORGANIZATION'S WEBSITE. FORM 990, PART XII, LINE 2C: THE PROCESS FOR OVERSIGHT AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR.