Overview
What is Contexticon Learning And Research Inc?
Contexticon Learning and Research Inc, based in Cambridge, Massachusetts, is a nonprofit organization dedicated to promoting public understanding of biblical writings. They achieve this mission by sponsoring and conducting scholarly research on these writings from various perspectives, including language, history, culture, and religion. The results of this research are then published in electronic and other media. With a team of eight employees, they collaborate with five universities to contribute to a comprehensive computer database, and their central editorial office prepares research materials for inclusion in this database.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 53%, One-Star out of Four Stars
Contexticon Learning And Research Inc has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial management. The overall score of 53% reflects a lack of independent board members, with only 33% of the board being independent, and the absence of several critical governance policies, such as conflict of interest and whistleblower policies.
Despite these governance shortcomings, the organization appears to have a strong financial foundation with a program expense ratio of 76.25%, indicating that a substantial portion of its budget is directed toward its programs. Additionally, the organization has a favorable liabilities to assets ratio of 43.59%, which suggests financial stability.
However, the missing documentation, including a website presence for board meeting minutes and tax forms, raises concerns about transparency and accessibility. Overall, while the organization demonstrates solid programming expenses, its governance practices need significant improvement to enhance its operational integrity and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Contexticon Learning And Research Inc legitimate?
Contexticon Learning And Research Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Contexticon Learning And Research Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $147,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $127,794
For more financial information, click here
What is the mission statement of Contexticon Learning And Research Inc?
Contexticon Learning and Research Inc's mission is centered around promoting public understanding of biblical writings. They achieve this by conducting and sponsoring scholarly research from various perspectives, such as language, history, culture, and religion. The findings of these studies are then published in electronic and other media. The organization's efforts are primarily focused on five universities, where research contributes to a computer database. Additionally, editorial work is carried out at the central editorial office to prepare research materials for inclusion in the database.
Who is the CEO of Contexticon Learning And Research Inc?
Richard M Harley is the President of Contexticon Learning And Research Inc.
What is the revenue of Contexticon Learning And Research Inc?
Contexticon Learning And Research Inc's revenue in 2021 was $461,050.
Who are the executives of Contexticon Learning And Research Inc and what are their salaries?
The average compensation at Contexticon Learning And Research Inc during 2021 was $34,412. There are 8 employees and 2 volunteers at Contexticon Learning And Research Inc.
Here are 3 key members and their salaries:
- Compensation: $148,250
- Related: $0
- Other: $0
- Compensation: $750
- Related: $0
- Other: $0
- Compensation: $750
- Related: $0
- Other: $0
Where can I find the form 990 for Contexticon Learning And Research Inc?
Contexticon Learning And Research Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Contexticon Learning And Research Inc
Contexticon Learning and Research Inc is a nonprofit organization dedicated to fostering a broader public comprehension of biblical writings. They achieve this goal by sponsoring and conducting scholarly research from various perspectives, including language, history, culture, and religion. The findings of these studies are then published in various forms, such as electronic media, to make them widely accessible.
At the heart of Contexticon's mission is the belief that research is a powerful tool for promoting understanding. They undertake this research at five universities, harnessing the expertise and resources available in these academic institutions. The results of this research are then compiled into a computer database, which serves as a valuable resource for scholars, students, and anyone interested in biblical studies.
Editorial work is another crucial aspect of Contexticon's mission. A central editorial office is responsible for preparing the research materials for inclusion in the database. This process involves meticulous review and editing to ensure that the information is accurate, reliable, and presented in a clear and coherent manner. By taking on this responsibility, Contexticon ensures that the research they sponsor is not only groundbreaking but also accessible and easy to understand for a wide audience.
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Impact
July, 2024
Contexticon Learning And Research Inc's impact lies in promoting public understanding of biblical writings through scholarly research. By sponsoring research at five universities and engaging in editorial work to prepare research materials for inclusion in a computer database, the organization contributes valuable insights from the perspectives of language, history, culture, and religion. Ultimately, their work aims to disseminate the results of this research through electronic and other media, enhancing knowledge and awareness of biblical texts among the public.
This information is meant to be a general summary of Contexticon Learning And Research Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2021.
- Gross Receipts: $461,050
Assets and Liabilities:
- Total Assets: $126,234
- Total Liabilities: $18,733
- Net Assets: $107,501
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Organization Details
Founding Year
1997
Phone
(617) 497-4424Principal Officer
Richard M Harley
Main Address
66 CHURCH STREET, CAMBRIDGE, MA, 02138
NTEE Category
Code: X83 - Religion related
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