Lasallian Educational And Research Initiatives

Organization Overview

Lasallian Educational And Research Initiatives is located in Winona, MN. The organization was established in 1946. According to its NTEE Classification (X22) the organization is classified as: Roman Catholic, under the broad grouping of Religion-Related and related organizations. As of 12/2021, Lasallian Educational And Research Initiatives employed 51 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Lasallian Educational And Research Initiatives is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Lasallian Educational And Research Initiatives generated $6.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.8% each year. All expenses for the organization totaled $5.9m during the year ending 12/2021. While expenses have increased by 6.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

PUBLISH CATHOLIC RELIGIOUS EDUCATION MATERIALS USED IN CATHOLIC SCHOOLS AND PARISHES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

DISTRIBUTION OF RELIGIOUS EDUCATION MATERIALS TO VARIOUS SCHOOLS AND BOOKSTORES INCLUDING EDITING AND PRINTING OF RELIGIOUS TEXTS.


SPRINGTIDE IS DEDICATED TO THE RELIGIOUS AND SPIRITUAL LIVES OF YOUNG PEOPLE BOTH IN AND OUTSIDE OF RELIGIOUS INSTITUTIONS. TO FULLFILL ITS MISSION, SPRINGTIDE DELIVERS APPLIED RESEARCH ON THE RELIGIOUS LONGINGS AND BELONGINGS OF YOUNG PEOPLE'S LIVES.


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Board, Officers & Key Employees

Name (title)Compensation
John Vitek
President / CEO
$169,203
Steve Skifton
CFO
$119,261
Sara Lawrence
Highest Compensated Employ
$102,208
Caren Yang
Secretary
$96,795
Cathy Espy
Assistant Secretary
$71,088
Pam Conley
Assistant Treasurer
$52,693

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Lsc Communications Us Llc
Printed Bibles And Textbooks
$425,083
United Parcel Service
Shipping Company
$343,421
Innovia Consulting Inc
Operating Software Vendor
$184,875
Marco Inc
Production Machine Vendor
$219,113
Imago Sales (Usa) Inc
Printed Bibles And Textbooks
$136,955
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$339,745
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$339,745
Total Program Service Revenue$0
Investment income $87,105
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$17,413
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $5,828,678
Miscellaneous Revenue$0
Total Revenue $6,283,560

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Lasallian Educational And Research Initiatives has recieved totaling $400,000.

Awarding OrganizationAmount
Porticus North America Foundation

New York, NY

PURPOSE: TO BE USED TOWARDS THE SPRINGTIDE RESEARCH INSTITUTE CAPACITY BUILDING, RESEARCH AND EVALUATION SERVICES

$400,000
View Grant Recipient Profile

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