Overview
What is Lyke Community Corporation?
Lyke Community Corporation, also known as the Franciscan Missionaries of Hope (Lyke Community), is a nonprofit organization situated in Shreveport, Louisiana. Inspired by the Holy Spirit and the teachings of St. Francis of Assisi, this congregation of priests and brothers is dedicated to living a life of poverty, chastity, and obedience, while committed to their mission and ministry of hope. Their activities and mission revolve around observing the Holy Gospel of Jesus Christ, witnessing to the life of poverty, chastity, and obedience, and serving their community with humility and dedication. The organization's specific location is at 1050 W BERT KOUNS INDUSTRIAL LOOP, Shreveport, LA 71118.
Official website here: www.lykecommunity.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 37%, Zero-Star out of Four Star rating.
Lyke Community Corporation has received a low rating primarily due to significant shortcomings in its accountability and financial practices. The organization has no independent board members, which raises concerns about governance and oversight. Furthermore, the absence of crucial financial statements and policies, such as conflict of interest and whistleblower policies, contributes to its poor score.
Despite its challenges in governance, it is worth noting that the organization has a high program expense ratio of 100%, indicating that all of its reported expenses are directed toward its programs. However, with a liability-to-assets ratio of 80.45%, financial stability may be a concern for the organization. Overall, the lack of transparency and accountability raises questions about its operational integrity and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Lyke Community Corporation legitimate?
Lyke Community Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lyke Community Corporation 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.
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Official website here: www.lykecommunity.org
What is the mission statement of Lyke Community Corporation?
The Lyke Community Corporation, comprising priests and brothers, is driven by the Holy Spirit and the teachings of St. Francis of Assisi. Their mission is rooted in the Gospel of Jesus Christ, inspiring them to live in poverty, chastity, and obedience while committed to their ministry of hope. This congregation aims to witness to a life of spiritual poverty, chastity, and obedience in their mission, striving to foster hope among people.
Official website here: www.lykecommunity.org
Who is the CEO of Lyke Community Corporation?
Nicholas Onyach is the President of Lyke Community Corporation.
Official website here: www.lykecommunity.org
What is the revenue of Lyke Community Corporation?
Lyke Community Corporation's revenue in 2021 was $628,725.
Official website here: www.lykecommunity.org
Who are the executives of Lyke Community Corporation and what are their salaries?
Here are 6 key members and their salaries:
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Official website here: www.lykecommunity.org
Where can I find the form 990 for Lyke Community Corporation?
Lyke Community Corporation's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.lykecommunity.org
Learn more at the official website: www.lykecommunity.org
Mission Statement of Lyke Community Corporation
Lyke Community Corporation, a congregation of priests and brothers, is driven by the Holy Spirit. Inspired by the spirituality of St. Francis of Assisi, this organization lives together and follows the holy gospel of Jesus Christ. The Lyke Community Corporation is committed to its mission and ministry of hope, embracing a life of poverty, chastity, and obedience in accordance with St. Francis' teachings. The congregation's mission is to witness to the life of hope, dedicating itself to serving others and making a positive impact in the world.
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Impact
July, 2024
Lyke Community Corporation, based in Shreveport, LA, is a congregation of priests and brothers who are inspired by the teachings of St. Francis of Assisi. They live a life of poverty, chastity, and obedience while dedicated to their mission of spreading hope. The impact of Lyke Community Corporation is seen through their commitment to serving others and sharing the message of the Gospel with those in need. Their work exemplifies compassion, faith, and a dedication to making a positive difference in the community.
This information is meant to be a general summary of Lyke Community Corporation. 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.
- Investment Income: $69
- Gross Receipts: $628,725
Assets and Liabilities:
- Total Assets: $208,515
- Total Liabilities: $47,776
- Net Assets: $160,739
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Organization Details
Phone
(318) 344-6963Principal Officer
Nicholas Onyach
Main Address
1050 W BERT KOUNS INDUSTRIAL LOOP, SHREVEPORT, LA, 71118
Website
www.lykecommunity.orgNTEE Category
Code: X22 - Religion related
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