PLATINUM2023

LABOURE SOCIETY

Help Rescue Vocations!

Saint Paul, MN   |  rescuevocations.org
GuideStar Charity Check

LABOURE SOCIETY

EIN: 41-2001751


Mission

Labouré rescues Catholic vocations from the barrier of student loan debt. The vast majority of seminaries and religious communities in the US will not accept into formation men and women who have outstanding student loan debt. Laboure solves this problem for the "aspirants"--and ultimately for the Catholic Church. Through an innovative and multi-dimensional program, Laboure teaches the aspirants-who work collectively as a class of 20-25--a Catholic based, philanthropic fundraising model that they put in service to raise funds collectively as a class of aspirants desiring to lay down their lives for the church. Laboure has helped deliver hundreds of men and women into formation. The end result has been priests, sisters and brothers whose vocation would have been lost without Labouré.

Ruling year info

2002

Executive Director

Mr. John O Flanagan

Main address

1365 Corporate Center Curve Suite 104

Saint Paul, MN 55121 USA

Show more contact info

EIN

41-2001751

Subject area info

Educational management

Catholicism

Population served info

Adults

Catholics

Low-income people

NTEE code info

Roman Catholic (X22)

IRS subsection

501(c)(3) Public Charity

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Tax forms

Communication

Programs and results

What we aim to solve

SOURCE: Self-reported by organization

The vast majority of Catholic seminaries and religious communities in this country will not accept into formation men and women who have outstanding student loan debt. Vocations studies tell us there are roughly 3000 men women seriously discerning priesthood or religious life who face this obstacle. Laboure solves this problem for the church by teaching "aspirants" to religious life a Catholic based, metric driven, collective fundraising model they will use to raise money for vocations to as a collective class of 20-25 aspirants. Laboure's model is proven, it is unique and it allows the aspirants to erase five and six figure debt in 6-24 months rather than 15-20 years. Laboure holds in reserve the awards received and pays the lenders directly over a 3 year period. In the 37th month the balance of the loan is paid off. The 3 year process ensures that a person can not "game" the system by having their debt paid off immediately and then leaving formation in a matter of weeks or months

Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Vocation Aspirant Program

Laboure exists to provide financial assistance and spiritual support to individuals who must resolve student loan debt in order to pursue a vocation to priestly or religious life in the Catholic Church.

Population(s) Served
Adults

Where we work

Our results

SOURCE: Self-reported by organization

How does this organization measure their results? It's a hard question but an important one.

Amount of money raised by each aspirants class

This metric is no longer tracked.
Totals By Year
Population(s) Served

Adults

Related Program

Vocation Aspirant Program

Type of Metric

Outcome - describing the effects on people or issues

Direction of Success

Increasing

Context Notes

With each successive class the "aspirants" (future priests and religious) are raising larger amounts of funding to be applied to their collective student loan debt.

Number of future priests or religious delivered into formation

This metric is no longer tracked.
Totals By Year
Population(s) Served

Adults

Related Program

Vocation Aspirant Program

Type of Metric

Outcome - describing the effects on people or issues

Direction of Success

Holding steady

Context Notes

COVID 19 limited aspirant access to their religious institutions for discernment activities. Decreased inquiry exposure in 2021 precipitated decreased entrance assistance needed in 2022.

Total number of aspirants assisted annually

This metric is no longer tracked.
Totals By Year
Population(s) Served

Adults

Related Program

Vocation Aspirant Program

Type of Metric

Outcome - describing the effects on people or issues

Direction of Success

Holding steady

Context Notes

COVID 19 limited aspirant access to their religious institutions for discernment activities. Decreased inquiry exposure in 2021 precipitated decreased entrance assistance needed in 2022.

Goals & Strategy

SOURCE: Self-reported by organization

Learn about the organization's key goals, strategies, capabilities, and progress.

Charting impact

Four powerful questions that require reflection about what really matters - results.

1. Labouré's Strategic Goals 2015-2020

Labouré has set ambitious goals for its program. The sense of urgency in delivering more men
and women into religious formation requires that Labouré build an infrastructure that will service a
higher number of aspirants on an annual basis by delivering additional class programs around the
country. Labouré's strategic goals are to:

a.) Increase the aspirant class program annually to reach a goal of 150 aspirants in the
year 2020.

b.) Sustain and improve our state of the art aspirant development process.

c.) Cultivate additional partnerships with Catholic dioceses.

d.) Increase collaboration and alliance with strategic Catholic organizations.

e.) Collaborate with the education loan industry to streamline and optimize the servicing
of aspirant education loan.s

f.) Achieve sustainable philanthropic funding for the growth and support of Labouré
operations.

Labouré helps aspirants who have discerned entrance into
a religious institute or diocese and have been accepted
contingent upon the mitigation of their education loan debt.
Charitable donations intended to help these aspirants as
individuals would not be tax-deductible. Labouré's innovative
class program design avoids this restriction by gathering
the aspirants into a “class" and raises funds for vocations as
a class. Labouré does not allow fundraising earmarked for
individual aspirants.

The class starts with a three-day fundraising training seminar ("Boot Camp") where aspirants meet each other, have their vocation stories recorded, have photos taken, and receive intensive training on how to:

• Evangelize and share the JOY of their vocation story
• Invite family, friends, and the community at large to support their vocations class

Laboure aspirant classes-depending on size-raise $500,000 to $1M. Each successive class raises more. This class strategy will continue to expand.

The staff, employees and volunteers of Laboure have extensive backgrounds in fund raising, advancement and development. The staff and employees also have significant backgrounds in software specifically designed to apply to fund raising activities, donor records, amount records, loan payments etc.

We are a team of Catholic business professionals working to increase vocations to the Catholic
Church. The unique charter of Labouré requires the transparent use of commercial quality business
practices, management, and leadership that befit a high-performing public company for training,
coaching, and supervising financial management; this best effort produces world-class results as
applied in Labouré, a non-profit business.

Past success and continued improvement of the multidimensional Laboure program will ensure future success in delivering ever increasing numbers of future priests and sisters to the catholic Church.

We have delivered 280 men and women into religious formation for the Catholic Church, but there are thousands more men and women who need Laboure's help in seeking to eliminate their student loan debt. We've accomplished a great deal but we still need to attract and serve numerous more aspirants who need our help so that we can continue to build up the Catholic Church. What we have accomplished so far includes:

1. Full operation since 2003

2. Listed in Official Catholic Directory

3. Ringing endorsements from Bishops and Vocations
Directors around the country

4. Partnerships with religious organizations around the country

5. Over $6 million awarded to Aspirants for student loan debt
reduction

6. Over 285 men and women delivered into religious formation

7. 79 in women's religious communities

8. 36 in men's religious or priest communities (13 of these are
ordained priests)

9. 53 women discerning in religious orders

10. 33 men discerning in religious orders

Financials

LABOURE SOCIETY
Fiscal year: Jan 01 - Dec 31

Revenue vs. expenses:  breakdown

SOURCE: IRS Form 990 info
NET GAIN/LOSS:    in 
Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2022 info

SOURCE: IRS Form 990

1.58

Average of 1.32 over 10 years

Months of cash in 2022 info

SOURCE: IRS Form 990

7.2

Average of 15.1 over 10 years

Fringe rate in 2022 info

SOURCE: IRS Form 990

27%

Average of 3% over 10 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

LABOURE SOCIETY

Revenue & expenses

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

Fiscal year ending: cloud_download Download Data

LABOURE SOCIETY

Balance sheet

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: cloud_download Download Data

LABOURE SOCIETY

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

This snapshot of LABOURE SOCIETY’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

Created in partnership with

Business model indicators

Profitability info 2018 2019 2020 2021 2022
Unrestricted surplus (deficit) before depreciation $487,069 $365,147 $398,590 $304,021 $98,753
As % of expenses 27.0% 15.8% 17.9% 11.0% 4.3%
Unrestricted surplus (deficit) after depreciation $463,439 $339,588 $386,016 $294,828 $87,959
As % of expenses 25.4% 14.5% 17.2% 10.6% 3.8%
Revenue composition info
Total revenue (unrestricted & restricted) $2,067,878 $2,679,934 $2,626,498 $3,075,426 $2,397,549
Total revenue, % change over prior year 3.3% 29.6% -2.0% 17.1% -22.0%
Program services revenue 0.0% 0.0% 0.0% 0.0% 0.0%
Membership dues 0.0% 0.0% 0.0% 0.0% 0.0%
Investment income 1.6% 2.7% 1.8% 0.9% 2.2%
Government grants 0.0% 0.0% 0.0% 3.9% 0.0%
All other grants and contributions 98.4% 97.3% 98.2% 95.2% 97.8%
Other revenue 0.0% 0.0% 0.0% 0.0% 0.0%
Expense composition info
Total expenses before depreciation $1,803,111 $2,314,787 $2,227,908 $2,771,405 $2,298,796
Total expenses, % change over prior year -10.7% 28.4% -3.8% 24.4% -17.1%
Personnel 34.3% 31.8% 33.9% 35.1% 47.4%
Professional fees 14.4% 13.9% 11.3% 8.7% 7.0%
Occupancy 0.9% 0.8% 2.1% 1.5% 2.1%
Interest 0.0% 0.0% 0.0% 0.0% 0.0%
Pass-through 25.9% 29.6% 34.9% 38.5% 25.1%
All other expenses 24.6% 23.9% 17.8% 16.2% 18.4%
Full cost components (estimated) info 2018 2019 2020 2021 2022
Total expenses (after depreciation) $1,826,741 $2,340,346 $2,240,482 $2,780,598 $2,309,590
One month of savings $150,259 $192,899 $185,659 $230,950 $191,566
Debt principal payment $0 $0 $0 $0 $0
Fixed asset additions $0 $31,617 $12,673 $0 $11,176
Total full costs (estimated) $1,977,000 $2,564,862 $2,438,814 $3,011,548 $2,512,332

Capital structure indicators

Liquidity info 2018 2019 2020 2021 2022
Months of cash 19.6 19.2 23.2 22.6 7.2
Months of cash and investments 19.6 19.2 23.2 22.6 27.2
Months of estimated liquid unrestricted net assets 6.0 6.4 8.7 8.3 10.5
Balance sheet composition info 2018 2019 2020 2021 2022
Cash $2,942,217 $3,711,053 $4,315,993 $5,223,758 $1,377,345
Investments $0 $0 $0 $0 $3,833,209
Receivables $1,860 $0 $0 $0 $0
Gross land, buildings, equipment (LBE) $110,830 $142,447 $121,290 $50,724 $61,901
Accumulated depreciation (as a % of LBE) 75.7% 76.8% 72.7% 42.9% 52.6%
Liabilities (as a % of assets) 71.4% 66.3% 62.2% 63.0% 61.8%
Unrestricted net assets $925,929 $1,265,517 $1,651,533 $1,946,361 $2,034,320
Temporarily restricted net assets $0 N/A N/A N/A N/A
Permanently restricted net assets $0 N/A N/A N/A N/A
Total restricted net assets $0 $0 $0 $0 $0
Total net assets $925,929 $1,265,517 $1,651,533 $1,946,361 $2,034,320

Key data checks

Key data checks info 2018 2019 2020 2021 2022
Material data errors No No No No No

Operations

The people, governance practices, and partners that make the organization tick.

Documents
Form 1023/1024 is not available for this organization

Executive Director

Mr. John O Flanagan

John started with Laboure as a consultant in 2011 working to establish the current aspirant fundraising platform. With the success of the platform John was invited to join the staff as its Program Director in 2013 and as its Executive Director in March of 2017.

John has 18+ years of sustainable and growth focused fundraising platforms.

His experience includes:

1. Faith-based development planning and event management.

2. Integrating development and program marketing/communications.

3. Campaign management and solicitation training.

4. Strategic planning and board development.

Number of employees

Source: IRS Form 990

LABOURE SOCIETY

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation
Other
Related
Show data for fiscal year
Compensation data
Download up to 5 most recent years of officer and director compensation data for this organization

There are no highest paid employees recorded for this organization.

LABOURE SOCIETY

Board of directors
as of 06/19/2023
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board chair

Ms. Rosa Cumare

Law Office of Rosa M. C. Cumare

Term: 2022 - 2025

Rosa Cumare

Rosa Cumare, Attorney at Law

Fr. Bill Duffert

Catholic priest

Nancy Ahlgren

Retired Tax Lawyer

Shirley Seyfriend

Catholic Daughters of the Americas

Sr. Kathryn Clemmer

Assistant Principal

Scott Hussey

Upsher-Smith

Sr. Josephine Garrett

Holy Sisters of Nazareth

Thomas Gilbert

Business

Scott Widman

Finance

Julia Gray

Senior Executive Coach

Liam Rogers

Senior Executive

Tim Bastian

Instructor of Economics

Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

  • Board orientation and education
    Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Yes
  • CEO oversight
    Has the board conducted a formal, written assessment of the chief executive within the past year ? Yes
  • Ethics and transparency
    Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Yes
  • Board composition
    Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes
  • Board performance
    Has the board conducted a formal, written self-assessment of its performance within the past three years? Yes

Organizational demographics

SOURCE: Self-reported; last updated 1/13/2021

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Race & ethnicity
White/Caucasian/European
Gender identity
Male, Not transgender
Sexual orientation
Heterosexual or Straight
Disability status
Person without a disability

Race & ethnicity

No data

Gender identity

No data

Transgender Identity

No data

Sexual orientation

No data

Disability

No data

There are no contractors recorded for this organization.

Professional fundraisers

Fiscal year ending

SOURCE: IRS Form 990 Schedule G

Solicitation activities
Gross receipts from fundraising
Retained by organization
Paid to fundraiser