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Mary Queen Of The Third Millennium Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 204102314 ✦ Houston, TX ✦ Designated as a 501(c)(3)

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Overview

What is Mary Queen Of The Third Millennium Inc?

Mary Queen of the Third Millennium Inc is a nonprofit organization situated in Houston, Texas. Their primary mission is to promote the teachings and principles of the Gospel through daily home visits with the Pilgrim Statue of Our Lady of Fatima. By doing so, they aim to enrich moral values within families and encourage greater participation in ecclesiastical life. The organization also fosters groups of families who gather around shrines of Our Lady of Fatima to pray and learn together. To further their objectives, Mary Queen of the Third Millennium Inc organizes and sponsors various educational and cultural activities, meetings, events, speeches, and forums that facilitate the interdisciplinary study and understanding of the history and message of Our Lady of Fatima. With a small team of four individuals, they strive to spread these teachings and foster a sense of community.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 80% (Three-Star out of Four Star Rating)

Mary Queen Of The Third Millennium Inc has received a solid Three-Star rating from Charity Navigator, reflecting a commendable commitment to accountability and finance. The organization scored particularly high in this category, achieving 93%, with a perfect score for having an entirely independent board and robust financial oversight. This indicates transparency and a strong governance structure, which are essential for building donor trust.

The charity’s program expense ratio is impressive at nearly 96%, suggesting that a significant portion of its funds is directed towards its mission-related activities. However, it did receive lower marks for fundraising efficiency, with a ratio indicating minimal costs associated with raising funds. This may suggest that while the organization is effective in its financial management, there could be room for improvement in optimizing fundraising efforts.

In terms of culture and community, Mary Queen Of The Third Millennium Inc excels with a perfect score. The organization collects and effectively utilizes feedback, demonstrating a commitment to continuous improvement and community engagement. Overall, while the charity shows strengths in governance and program expenditure, enhancing its fundraising efficiency could further bolster its impact.


This AI summary has been generated from information found on Charity Navigator.

Is Mary Queen Of The Third Millennium Inc legitimate?

Mary Queen Of The Third Millennium Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mary Queen Of The Third Millennium 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $166,092

For more financial information, click here

What is the mission statement of Mary Queen Of The Third Millennium Inc?

Mary Queen of the Third Millennium Inc's mission is centered around promoting the study and understanding of the history and message of Our Lady of Fatima. To achieve this, the organization sponsors and organizes various educational and cultural activities, meetings, events, speeches, and forums that encourage interdisciplinary research on this topic. As part of their mission, they conduct daily home visits with the Pilgrim Statue of Our Lady of Fatima to teach and spread the principles of the Gospels. Additionally, they foster groups of families who gather around shrines of Our Lady of Fatima to pray for the enrichment of moral values within the family and to encourage greater participation in ecclesiastical life.

Who is the CEO of Mary Queen Of The Third Millennium Inc?

Ignatius L Wang is the Principal Officer of Mary Queen Of The Third Millennium Inc.

What is the revenue of Mary Queen Of The Third Millennium Inc?

Mary Queen Of The Third Millennium Inc's revenue in 2022 was $2,711,517.

Who are the executives of Mary Queen Of The Third Millennium Inc and what are their salaries?

The average compensation at Mary Queen Of The Third Millennium Inc during 2022 was $41,523. There are 4 employees at Mary Queen Of The Third Millennium Inc.


Here are 4 key members and their salaries:


Ignatius Loyola Wang (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vincent Patrick Bassi (Secy/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marcos Paulo Algauer (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rene Xavier Garcia (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Mary Queen Of The Third Millennium Inc?

Mary Queen Of The Third Millennium Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Mary Queen Of The Third Millennium Inc

Mary Queen of the Third Millennium Inc is dedicated to promoting the study and understanding of the history and message of Our Lady of Fatima. To achieve this mission, the organization sponsors and organizes various educational and cultural activities, meetings, events, speeches, and forums. These initiatives aim to foster an interdisciplinary approach to exploring the history and message of Our Lady of Fatima.

In addition to its educational efforts, Mary Queen of the Third Millennium Inc also carries out daily home visitations of the Pilgrim Statue of Our Lady of Fatima. This initiative aims to teach and spread the principles of the Gospels within families. The organization encourages the formation of groups of families that gather around the shrines of Our Lady of Fatima to pray for the enrichment of moral values within the family and to promote a greater participation in ecclesiastical life. This holistic approach to its mission allows Mary Queen of the Third Millennium Inc to make a meaningful impact in the lives of individuals and families who seek a deeper understanding and connection with Our Lady of Fatima.

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Impact




October, 2024

Mary Queen Of The Third Millennium Inc significantly impacts the community by promoting the study and understanding of the history and message of Our Lady of Fatima. Through daily home visitations of the pilgrim statue, they engage families in educational and spiritual growth, fostering a deeper understanding of Gospel principles. Their initiatives encourage family gatherings around the shrines, reinforcing moral values and enhancing community ties.

Additionally, the organization organizes various educational and cultural activities, meetings, speeches, and forums that facilitate interdisciplinary discussions about the relevance of Fatima's message in contemporary life. This approach not only enriches participants' spiritual journeys but also encourages greater involvement in ecclesiastical life and service, creating a ripple effect of values and commitment within the community. By focusing on family ministry and the enrichment of moral values, Mary Queen Of The Third Millennium Inc plays a vital role in nurturing a spiritually aware and connected community in Houston, TX.




This information is meant to be a general summary of Mary Queen Of The Third Millennium 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.

Revenue
$2,711,517 (2022)
Expenses
$2,550,660 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $403
  • Program Service Revenue: $145
  • Gross Receipts: $2,711,517

Assets and Liabilities:

  • Total Assets: $1,639,578
  • Total Liabilities: $654,147
  • Net Assets: $985,431

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

SALES

Revenue

$145

Organization Details

Founding Year

1999

Principal Officer

Ignatius L Wang

Main Address

P O BOX 421128, HOUSTON, TX, 772421128

NTEE Category

Code: X22 - Religion related

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