Overview
What is Institute Of Lutheran Theology?
The Institute of Lutheran Theology, located in Brookings, South Dakota, is a recognized higher education institution accredited by ABHE (Association of Biblical Higher Education). Its primary purpose is to provide scripturally-grounded, Lutheran education and preparation for ordained and lay leaders in evangelical vocations. This includes pastoral preparation, Christian leadership certification programs, adult Christian education, continuing education, and graduate degree opportunities for teachers of theology. The institute's mission is to equip its students with the knowledge and skills needed to walk in the way of Jesus Christ, understand the truth that is Jesus Christ, and witness their resurrected life in Christ for all to see. With a dedicated workforce of approximately 19 individuals, the Institute of Lutheran Theology is committed to nurturing future leaders in the Lutheran faith.
Official website here: www.ilt.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 57%, One-Star out of Four Star rating
The Institute of Lutheran Theology has received a One-Star rating from Charity Navigator, indicating significant areas for improvement in its accountability and finance practices. While it excels in leadership and adaptability with a perfect score of 100, other aspects such as financial transparency and program expenses raise concerns. The organization has a low program expense ratio of 40.29%, suggesting that a substantial portion of its funds may not be directed toward its mission-oriented activities.
On the positive side, the organization demonstrates strong governance with a fully independent board and robust audit practices. The absence of material diversion of assets further highlights its integrity in financial management. However, critical policies such as conflict of interest, whistleblower, and document retention are missing, which could compromise organizational accountability and oversight.
Despite its commitment to strategic goals and positive scores in data reporting and results use, the lack of a transparent financial structure and missing essential policies limits the Institute's effectiveness in proving its impact. To enhance its standing, the organization should address these shortcomings and focus on improving financial ratios and establishing necessary governance policies.
This AI summary has been generated from information found on Charity Navigator.
Is Institute Of Lutheran Theology legitimate?
Institute Of Lutheran Theology is a legitimate nonprofit organization registered as a 501(c)(3) entity. Institute Of Lutheran Theology 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: $140,652
Professional Fundraising Fees: $0
Other Salaries and Wages: $930,094
For more financial information, click here
Official website here: www.ilt.edu
What is the mission statement of Institute Of Lutheran Theology?
The Institute of Lutheran Theology's mission is centered around educating and preparing both ordained and lay Lutheran leaders. These individuals are guided to live in accordance with Jesus Christ, gaining a profound understanding of Him as the truth, and demonstrating their transformed lives for all to witness. To fulfill this mission, the institute provides scripturally grounded, Lutheran pastoral preparation, Christian leadership certification programs, adult Christian education, continuing education, and opportunities for clergy graduate degrees in theology. The Institute of Lutheran Theology is recognized as a qualified ABHE (Association of Biblical Higher Education) higher education institution.
Official website here: www.ilt.edu
What is the revenue of Institute Of Lutheran Theology?
Institute Of Lutheran Theology's revenue in 2024 was $1,690,669.
Official website here: www.ilt.edu
Who are the executives of Institute Of Lutheran Theology and what are their salaries?
The average compensation at Institute Of Lutheran Theology during 2024 was $71,383. There are 15 employees and 15 volunteers at Institute Of Lutheran Theology.
Here are 16 key members and their salaries:
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Official website here: www.ilt.edu
Where can I find the form 990 for Institute Of Lutheran Theology?
Institute Of Lutheran Theology's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.ilt.edu
Learn more at the official website: www.ilt.edu
Mission Statement of Institute Of Lutheran Theology
The Institute of Lutheran Theology is dedicated to educating and preparing ordained and lay Lutheran leaders, followers of Jesus Christ, for evangelical vocations. Its mission is to enable these individuals to walk in the way of Jesus Christ, gain a deep understanding of the truth that is Jesus Christ, and showcase their resurrected life in Christ for all to see. The Institute fulfills this mission through various offerings, such as scripturally-grounded, solidly Lutheran pastoral preparation, Christian leadership certification programs, adult Christian education, continuing education, and opportunities for clergy graduate degrees for teachers of theology. Accredited as a qualified ABHE (Association of Biblical Higher Education) higher education institution, the Institute of Lutheran Theology is committed to equipping its students with the necessary tools to serve their communities and spread the teachings of Jesus Christ.
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Impact
October, 2024
The Institute of Lutheran Theology plays a significant role in fostering the next generation of Lutheran leaders and followers of Jesus Christ. Through its comprehensive educational programs, it prepares both ordained and lay individuals for evangelical vocations, ensuring they are well-equipped to walk in the teachings of Jesus and uphold the truth of the Gospel.
Offering scripturally-grounded pastoral preparation and various certification programs, the Institute emphasizes a solidly Lutheran approach to Christian leadership. This focus not only strengthens individual faith journeys but also impacts the broader Lutheran community by cultivating informed and passionate leaders. The continuing education opportunities and advanced theological degrees further enhance the capabilities of clergy, enabling them to teach and guide effectively.
By nurturing a deep understanding of Lutheran theology and promoting a witness to the resurrected life in Christ, the Institute reinforces the importance of strong, knowledgeable leadership within the church. Its accredited status as a higher education institution ensures that the education provided meets rigorous standards, enhancing the credibility and effectiveness of its graduates in various ministry contexts. Overall, the Institute of Lutheran Theology's impact can be seen in the empowered lives of those it educates and the healthier, more vibrant congregations that result from their leadership.
This information is meant to be a general summary of Institute Of Lutheran Theology. 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 2024.
- Investment Income: $108,366
- Program Service Revenue: $647,202
- Gross Receipts: $1,690,669
Assets and Liabilities:
- Total Assets: $3,143,669
- Total Liabilities: $272,768
- Net Assets: $2,870,901
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION AND FEES
Revenue
$647,202
Organization Details
Founding Year
2007
Principal Officer
Kelli Awanski
Website
www.ilt.eduNTEE Category
Code: X20 - Religion related
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