Overview
What is Lamp Ministries?
Lamp Ministries is a nonprofit organization with a twofold mission: to spiritually and physically uplift the less fortunate. While specific details about the organization's structure or location are unavailable, the information provided suggests that Lamp Ministries is committed to serving the community by addressing both the spiritual and tangible needs of the impoverished. This holistic approach reflects their strong belief in providing comprehensive care for those in need.
Official website here: www.lampministries.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: One-Star out of Four Stars (54%)
Lamp Ministries has received a One-Star rating from Charity Navigator, primarily due to significant shortcomings in its accountability and finance practices. The organization lacks independent board members, with a score of 0% in this area, indicating a potential risk in governance and oversight. Additionally, there are several missing policies, including conflict of interest, whistleblower, and document retention policies, which raises concerns about transparency and ethical management.
Despite these issues, Lamp Ministries does demonstrate a strong commitment to its programs, evidenced by a program expense ratio of 77.81%. This suggests that a substantial portion of its funds is directed toward its mission, which is a positive aspect in the overall evaluation. Furthermore, the organization has a sound liabilities to assets ratio, showcasing fiscal stability in that regard.
However, the absence of financial statements and the failure to post required documents on its website further detract from its credibility and transparency. These factors collectively highlight the need for Lamp Ministries to improve its governance practices and enhance financial reporting to foster greater trust among stakeholders and the community it serves.
This AI summary has been generated from information found on Charity Navigator.
Is Lamp Ministries legitimate?
Lamp Ministries is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lamp Ministries 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $140,823
For more financial information, click here
Official website here: www.lampministries.org
What is the mission statement of Lamp Ministries?
Lamp Ministries is committed to serving the underprivileged in a holistic manner, addressing both their spiritual and physical needs. Their mission is to nourish the body and uplift the spirit of those in need. They strive to provide essential resources and support, aiming to improve the lives of these individuals in a comprehensive manner. While specific details about their activities are not provided, it can be inferred that they seek to alleviate suffering and promote well-being in a spiritual and tangible sense.
Official website here: www.lampministries.org
Who is the CEO of Lamp Ministries?
Thomas Scheuring is the President of Lamp Ministries.
Official website here: www.lampministries.org
What is the revenue of Lamp Ministries?
Lamp Ministries's revenue in 2023 was $1,030,068.
Official website here: www.lampministries.org
Who are the executives of Lamp Ministries and what are their salaries?
The average compensation at Lamp Ministries during 2023 was $14,082. There are 10 employees at Lamp Ministries.
Here are 2 key members and their salaries:
- Compensation: $36,615
- Related: $0
- Other: $0
- Compensation: $34,015
- Related: $0
- Other: $0
Official website here: www.lampministries.org
Where can I find the form 990 for Lamp Ministries?
Lamp Ministries's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.lampministries.org
Learn more at the official website: www.lampministries.org
Mission Statement of Lamp Ministries
Lamp Ministries, a nonprofit organization, is dedicated to addressing the needs of impoverished individuals on both a spiritual and physical level. Their mission is multifaceted, aiming to uplift the less fortunate by providing them with nourishment and spiritual guidance. By doing so, Lamp Ministries seeks to contribute to a holistic improvement in the lives of those they serve.
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Impact
August, 2024
Lamp Ministries makes a significant impact by feeding the poor people spiritually and physically in the Bronx, NY. Their mission is to provide nourishment for both the body and the soul to those in need. Through their work, Lamp Ministries is able to reach out and support individuals who are struggling, offering them hope and assistance in their time of need.
This information is meant to be a general summary of Lamp Ministries. 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 2023.
- Investment Income: $17,660
- Gross Receipts: $1,030,068
Assets and Liabilities:
- Total Assets: $997,983
- Total Liabilities: $5,105
- Net Assets: $992,878
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Organization Details
Phone
(718) 409-5062Principal Officer
Thomas Scheuring
Main Address
2704 SCHURZ AVENUE, BRONX, NY, 10465
Website
www.lampministries.orgNTEE Category
Code: X22Z - Religion related
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