Overview
What is Lithuanian Catholic Academy Of Sciences Inc?
Lithuanian Catholic Academy of Sciences Inc, located in PUTNAM, CT, is a nonprofit organization that offers scholarships to students of Lithuanian heritage pursuing advanced degrees. The organization's primary mission involves maintaining and operating a museum and library within the academy, serving as a valuable resource for those interested in Lithuanian culture and history. The academy may focus on academic disciplines, including religious studies, and contributes to the preservation and promotion of Lithuanian heritage through its scholarship program and cultural facilities.
Official website here: www.lkma.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Star rating)
The Lithuanian Catholic Academy of Sciences Inc has received an overall score of 83%, reflecting a solid performance in terms of accountability and finance. With full marks for the majority of its board being independent and for its independent board size, the organization demonstrates strong governance practices. Additionally, the absence of material diversion of assets and a good liabilities to assets ratio further highlights its financial stability.
However, there are noted weaknesses in specific areas such as the lack of a whistleblower policy and a document retention and destruction policy, which both received zero points. Furthermore, the organization did not post its tax form on its website, which could limit transparency. While the program expense ratio is robust, indicating effective use of funds for mission-related activities, these gaps in governance policies suggest areas for improvement.
Overall, the Lithuanian Catholic Academy of Sciences Inc shows a commendable commitment to accountability, yet addressing its governance policy shortcomings could enhance its operational transparency and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Lithuanian Catholic Academy Of Sciences Inc legitimate?
Lithuanian Catholic Academy Of Sciences Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lithuanian Catholic Academy Of Sciences 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.
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Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.lkma.org
What is the mission statement of Lithuanian Catholic Academy Of Sciences Inc?
The Lithuanian Catholic Academy of Sciences Inc is dedicated to maintaining and operating the museum and library of the Lithuanian Catholic Academy. As part of its mission, the organization also grants scholarships to students of Lithuanian heritage who are pursuing a master's or doctoral degree, often in academic or religious disciplines. The primary focus of the Lithuanian Catholic Academy of Sciences Inc is to preserve and share knowledge through its museum and library, while also supporting the academic aspirations of individuals with Lithuanian roots.
Official website here: www.lkma.org
Who is the CEO of Lithuanian Catholic Academy Of Sciences Inc?
Mirga Girnius is the President of Lithuanian Catholic Academy Of Sciences Inc.
Official website here: www.lkma.org
What is the revenue of Lithuanian Catholic Academy Of Sciences Inc?
Lithuanian Catholic Academy Of Sciences Inc's revenue in 2022 was $86,826.
Official website here: www.lkma.org
Who are the executives of Lithuanian Catholic Academy Of Sciences Inc and what are their salaries?
Here are 6 key members and their salaries:
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Official website here: www.lkma.org
Where can I find the form 990 for Lithuanian Catholic Academy Of Sciences Inc?
Lithuanian Catholic Academy Of Sciences Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lkma.org
Learn more at the official website: www.lkma.org
Mission Statement of Lithuanian Catholic Academy Of Sciences Inc
The Lithuanian Catholic Academy of Sciences Inc is committed to maintaining and managing the museum and library of the Lithuanian Catholic Academy. Beyond this, the organization extends its mission to grant scholarships to students of Lithuanian heritage who are pursuing a Master's or Doctor's degree in various academic disciplines, including religious studies. By supporting these scholars, the Lithuanian Catholic Academy of Sciences Inc contributes to the continued growth and enrichment of Lithuanian culture and knowledge, fostering the development of future leaders in their respective fields.
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Impact
October, 2024
The Lithuanian Catholic Academy of Sciences Inc significantly contributes to the preservation and promotion of Lithuanian heritage through its operation and maintenance of a dedicated museum and library. This institution serves as a vital resource for the community, providing access to historical artifacts, literature, and archives that celebrate Lithuanian culture and religion.
One of its key impacts is the support of education among individuals of Lithuanian heritage. By granting scholarships to students pursuing master's or doctoral degrees, the academy fosters academic growth and research in various disciplines, including religious studies. This investment in education not only empowers individuals but also strengthens the broader Lithuanian community, ensuring the continuity and relevance of its cultural and intellectual legacy.
Overall, the Lithuanian Catholic Academy of Sciences Inc plays a crucial role in preserving Lithuania's cultural identity while nurturing future generations through education and scholarship opportunities.
This information is meant to be a general summary of Lithuanian Catholic Academy Of Sciences 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: $52,934
- Gross Receipts: $204,029
Assets and Liabilities:
- Total Assets: $1,803,018
- Total Liabilities: $0
- Net Assets: $1,803,018
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Organization Details
Founding Year
1973
Phone
(978) 692-4625Principal Officer
Mirga Girnius
Main Address
PO BOX 608, PUTNAM, CT, 06260
Website
www.lkma.orgNTEE Category
Code: X99 - Religion related
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