Overview
What is The Gesu Endowment Fund?
The Gesu Endowment Fund is a nonprofit organization situated in University Heights, Ohio. Its primary function involves financing essential capital expenditures and other necessary expenses for the operation of Gesu Parish and School. This encompasses funding for repairs, improvements, and various projects for both the church and school. The fund plays a crucial role in supporting the parish and school's operations by providing the necessary financial resources.
Official website here: www.churchofthegesu.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Star rating)
The Gesu Endowment Fund has received an 83% score, which reflects a strong performance in the realm of accountability and finance. The rating is based solely on this beacon score, highlighting that the organization maintains a fully independent board with no material diversion of assets. Additionally, their program expense ratio is commendable at 77.65%, indicating effective allocation of resources towards fulfilling their mission.
However, there are some notable gaps in governance practices. The charity lacks a whistleblower policy and a document retention and destruction policy, which both received a score of zero. Additionally, while the charity's tax form is listed on the website, it is not readily available for public access, impacting transparency.
Overall, while The Gesu Endowment Fund demonstrates a solid commitment to financial accountability and has a well-structured board, improvements in policy documentation and accessibility could enhance their overall effectiveness and trustworthiness.
This AI summary has been generated from information found on Charity Navigator.
Is The Gesu Endowment Fund legitimate?
The Gesu Endowment Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Gesu Endowment Fund 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:
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Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.churchofthegesu.org
What is the mission statement of The Gesu Endowment Fund?
The Gesu Endowment Fund is dedicated to providing financial support for the operational expenses of Gesu Parish and School. This includes financing necessary capital expenditures and covering costs for various projects. The fund's mission is to ensure the smooth operation of both the church and school, which involves financing repairs and improvements. However, it's important to note that the provided information does not specifically mention a formal mission statement in the traditional sense, but rather describes its activities and purpose.
Official website here: www.churchofthegesu.org
What is the revenue of The Gesu Endowment Fund?
The Gesu Endowment Fund's revenue in 2024 was $499,725.
Official website here: www.churchofthegesu.org
Who are the executives of The Gesu Endowment Fund and what are their salaries?
There 20 volunteers at The Gesu Endowment Fund.
Here are 12 key members and their salaries:
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Official website here: www.churchofthegesu.org
Where can I find the form 990 for The Gesu Endowment Fund?
The Gesu Endowment Fund's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.churchofthegesu.org
Learn more at the official website: www.churchofthegesu.org
Mission Statement of The Gesu Endowment Fund
The Gesu Endowment Fund serves a crucial role in funding the necessary capital and operational expenses for both Gesu Parish and Gesu School. This nonprofit organization provides financial support for various projects and repairs, ensuring the smooth operation of both the church and school. By financing these expenditures, the Gesu Endowment Fund plays a significant role in maintaining and improving the facilities, thereby contributing to the overall well-being of the community associated with these institutions.
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Impact
August, 2024
The Gesu Endowment Fund's impact includes providing essential financial support for capital expenditures and necessary operations at Gesu Parish and School. This enables the church and school to carry out repairs, improvements, and various projects that contribute to the betterment of the community. Ultimately, the fund plays a crucial role in ensuring the ongoing functioning and development of Gesu Parish and School in University Heights, Ohio.
This information is meant to be a general summary of The Gesu Endowment Fund. 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: $285,064
- Gross Receipts: $3,263,289
Assets and Liabilities:
- Total Assets: $9,591,306
- Total Liabilities: $0
- Net Assets: $9,591,306
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Organization Details
Founding Year
1984
Principal Officer
Rev Lukas Laniauskas
Website
www.churchofthegesu.orgNTEE Category
Code: X22 - Religion related
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