Heralds Of Good News Missionary Society Inc

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

EIN: 320119546 ✦ Leitchfield, KY ✦ Designated as a 501(c)(3)

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Overview

What is Heralds Of Good News Missionary Society Inc?

Heralds Of Good News Missionary Society Inc, located in Leitchfield, Kentucky, is a nonprofit organization dedicated to supporting its missionaries and the educational pursuits of seminary and priest students. They strive to uphold their mission through financial assistance, thereby enabling their missionaries to carry out their religious duties effectively and fostering the academic growth of future religious leaders. Their primary activities revolve around providing essential support to their missionaries and providing educational opportunities for seminary and priest students.

What are the reviews and ratings of this charity?

Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement) - Score: 73%

Heralds Of Good News Missionary Society Inc has received a two-star rating from Charity Navigator, indicating a need for improvement in its accountability and finance practices. With a total score of 73%, the organization shows strengths in areas such as independent board composition and financial ratios, suggesting a solid foundation in governance and fiscal responsibility.

However, the organization faces critical gaps in its policies, including the absence of a conflict of interest policy, whistleblower policy, and document retention and destruction policy. These missing elements are significant concerns, as they may impact the transparency and ethical standards of the organization. Additionally, the nonprofit's website does not feature essential documents like its tax form, which further detracts from its accountability.

While the organization has some strong financial management indicators, the lack of key policies and transparency measures highlights areas that need attention. Stakeholders and potential donors may want to consider these factors when evaluating their support for the organization.


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

Is Heralds Of Good News Missionary Society Inc legitimate?

Heralds Of Good News Missionary Society Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Heralds Of Good News Missionary Society 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

What is the mission statement of Heralds Of Good News Missionary Society Inc?

The Heralds Of Good News Missionary Society Inc's mission is centered around supporting its missionaries and the education of seminarian and priest students. The organization's primary goal is to uphold and advance its missionaries' work. Additionally, they are committed to providing educational opportunities for seminarians and priest students, contributing to the cultivation of future religious leaders. By offering this support, the society aims to strengthen its missionary efforts and ensure the continued growth and development of the religious community.

Who is the CEO of Heralds Of Good News Missionary Society Inc?

Sinoj Pynadath is the Director of Heralds Of Good News Missionary Society Inc.

What is the revenue of Heralds Of Good News Missionary Society Inc?

Heralds Of Good News Missionary Society Inc's revenue in 2022 was $198,859.

Who are the executives of Heralds Of Good News Missionary Society Inc and what are their salaries?


Here are 3 key members and their salaries:


Joby K Mathew (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maria Sebastian Susairaj (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Agnel Samy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Heralds Of Good News Missionary Society Inc?

Heralds Of Good News Missionary Society Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Heralds Of Good News Missionary Society Inc

Heralds of Good News Missionary Society Inc is an organization committed to supporting its missionaries and the education of seminary and priest students. This nonprofit invests in the wellbeing of its missionaries, providing them with the necessary support to carry out their roles effectively. Additionally, Heralds of Good News Missionary Society Inc is dedicated to the education of seminary and priest students, ensuring they receive a thorough and comprehensive learning experience. By supporting its missionaries and educating future religious leaders, this organization contributes to the spiritual growth and development of its community.

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Impact




October, 2024

Heralds Of Good News Missionary Society Inc significantly impacts communities by supporting missionaries who spread their faith and provide essential services in various regions. Their commitment to the education of seminarian and priest students ensures that future leaders are well-prepared to guide congregations and engage in community outreach. This educational support fosters spiritual growth and enhances the ability of these future leaders to address the needs of their communities.

By empowering missionaries and educating aspiring priests, Heralds Of Good News helps to cultivate strong, faith-driven communities that can effectively contribute to social and spiritual development. Their initiatives lead to increased understanding and stronger connections among individuals and groups, promoting harmony and community resilience. The focus on education also emphasizes the importance of well-informed leadership in religious contexts, ultimately enriching both faith and communal life in the regions they serve.




This information is meant to be a general summary of Heralds Of Good News Missionary Society 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
$198,859 (2022)
Expenses
$121,926 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $198,859

Assets and Liabilities:

  • Total Assets: $137,668
  • Total Liabilities: $0
  • Net Assets: $137,668

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Organization Details

Founding Year

2004

Principal Officer

Sinoj Pynadath

Main Address

204 NORTH MAIN STREET, LEITCHFIELD, KY, 42754

NTEE Category

Code: X20 - Religion related

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