Overview
What is Iowa Lutheran School Tuition Organization Inc?
Iowa Lutheran School Tuition Organization Inc is a nonprofit organization based in Terril, Iowa. Their primary focus is to support the education of students by providing tuition grants for kindergarten to grade 12. This organization aims to promote attendance at private Lutheran schools across Iowa, thereby enhancing accessibility to quality education for these students. The nonprofit operates within the state boundaries, ensuring that its mission directly benefits the local community.
Official website here: www.iowalutheransto.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Zero-Star out of Four Stars (41%)
Iowa Lutheran School Tuition Organization Inc has received a zero-star rating due to its low overall score of 41%, primarily derived from its Accountability & Finance metrics. Although the organization boasts a fully independent board, which reflects positively on its governance structure, the absence of financial statements significantly impacts its score. The organization has listed key policies such as conflict of interest and whistleblower protections, indicating some level of transparency in its operations.
However, the nonprofit’s financial performance raises concerns. With a program expense ratio of only 34.10%, the majority of its resources do not appear to be directed toward its intended programs. Additionally, the organization lacks documentation on its website regarding its tax form, which is a crucial component of accountability and transparency for potential donors and stakeholders.
Overall, while Iowa Lutheran School Tuition Organization Inc demonstrates some strengths in governance, the lack of financial transparency and low program spending ratio must be addressed for it to improve its standing and build trust with its supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Iowa Lutheran School Tuition Organization Inc legitimate?
Iowa Lutheran School Tuition Organization Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Iowa Lutheran School Tuition Organization 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: $0
For more financial information, click here
Official website here: www.iowalutheransto.org
What is the mission statement of Iowa Lutheran School Tuition Organization Inc?
The Iowa Lutheran School Tuition Organization Inc's mission is centered around promoting attendance at private Lutheran schools for students in kindergarten through grade 12. They achieve this by offering tuition grants. This initiative aims to make these educational opportunities more accessible, thereby enabling these students to pursue their education in these Lutheran schools. The organization's primary activity is providing financial assistance to help cover tuition costs, thereby enhancing educational opportunities for eligible students.
Official website here: www.iowalutheransto.org
Who is the CEO of Iowa Lutheran School Tuition Organization Inc?
Unavailable
Official website here: www.iowalutheransto.org
What is the revenue of Iowa Lutheran School Tuition Organization Inc?
Iowa Lutheran School Tuition Organization Inc's revenue in 2022 was $912,606.
Official website here: www.iowalutheransto.org
Who are the executives of Iowa Lutheran School Tuition Organization Inc and what are their salaries?
Here are 7 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.iowalutheransto.org
Where can I find the form 990 for Iowa Lutheran School Tuition Organization Inc?
Iowa Lutheran School Tuition Organization Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.iowalutheransto.org
Learn more at the official website: www.iowalutheransto.org
Mission Statement of Iowa Lutheran School Tuition Organization Inc
Iowa Lutheran School Tuition Organization Inc is committed to promoting the attendance of students in private Lutheran schools from kindergarten to grade 12. They achieve this mission by providing tuition grants to eligible students. By offering these financial aids, the organization aims to make private Lutheran education more accessible and affordable for families, thereby encouraging more children to attend these schools. The ultimate goal of Iowa Lutheran School Tuition Organization Inc is to increase the number of students attending private Lutheran schools in the State of Iowa, thereby enriching their educational experiences and fostering a strong Lutheran community.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Iowa Lutheran School Tuition Organization Inc plays a crucial role in enhancing educational opportunities for students in Iowa. By providing tuition grants to families, the organization promotes attendance at private Lutheran schools for children in kindergarten through grade 12. This support helps alleviate the financial burden on families, making quality education more accessible.
The organization’s efforts contribute to the overall growth and sustainability of Lutheran education in Iowa, fostering a community-oriented approach where families can choose faith-based schooling. By encouraging enrollment in private institutions, Iowa Lutheran School Tuition Organization Inc not only supports individual students but also strengthens the network of Lutheran schools, ensuring that they thrive within the educational landscape of the state.
This information is meant to be a general summary of Iowa Lutheran School Tuition Organization 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 2022.
- Investment Income: $9,709
- Gross Receipts: $953,602
Assets and Liabilities:
- Total Assets: $1,360,280
- Total Liabilities: $0
- Net Assets: $1,360,280
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2006
Phone
(563) 370-1968Main Address
PO BOX 176, TERRIL, IA, 513640176
Website
www.iowalutheransto.orgNTEE Category
Code: B82 - Education
If you are a representative of Iowa Lutheran School Tuition Organization Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.