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St Johnst Paul Evangelical Lutheran Church Endowment Fund

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

EIN: 341705880 ✦ Akron, OH ✦ Designated as a 501(c)(3)

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Overview

What is St Johnst Paul Evangelical Lutheran Church Endowment Fund?

The St Johnst Paul Evangelical Lutheran Church Endowment Fund, situated in Akron, Ohio, was established to perpetuate and broaden the ministry and outreach initiatives of the former St Johnst Paul Evangelical Lutheran Church, now merged with Faith Lutheran Church. The fund provides grants to faith-based organizations affiliated with or supported by the Northeastern Ohio Synod of the Evangelical Lutheran Church in America. These grants are allocated for purposes beyond the grant recipients' general operating expenses and are directed towards projects that introduce individuals to God's grace and God's healing and helping presence. The fund's primary mission is to manage its endowments and offer financial support for outreach-oriented projects and programs for religious, charitable, or educational organizations with a 501(c)(3) status, which are affiliated with or supported by the Northeastern Ohio Synod of the Evangelical Lutheran Church of America.


Official website here: www.faithlutheranchurch.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 76% (Three-Star out of Four Stars)

The St Johnst Paul Evangelical Lutheran Church Endowment Fund has achieved a 76% rating from Charity Navigator, indicating a solid performance in areas of accountability and finance. This rating is derived from a single beacon score, with a full emphasis on financial metrics that assess how well the organization manages its resources. The fund scored highly in several key areas, demonstrating that it has a fully independent board and has not faced any diversion of assets.

Strengths of the organization include a high program expense ratio of 95.37%, suggesting that a significant portion of its funds are directed towards its charitable mission. Furthermore, the organization has a strong liabilities to assets ratio of 0.00%, signifying financial stability. However, the absence of a conflict of interest policy and a whistleblower policy raises concerns about governance practices, which could impact transparency and accountability.

While the endowment fund has demonstrated impressive financial efficiency, the missing governance policies indicate areas for improvement that could enhance the organization's credibility and operational integrity in the eyes of stakeholders. Overall, the fund presents a commendable picture of financial health, but addressing its governance shortcomings would contribute to a more robust organizational framework.


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

What do the Facebook reviews say about St Johnst Paul Evangelical Lutheran Church Endowment Fund?

94% of the 11 reviewers on Facebook recommend the St Johnst Paul Evangelical Lutheran Church Endowment Fund. Here’s a summary of their insights:

The preschool associated with the organization is frequently highlighted as one of the best in the Akron area, indicating a strong reputation and satisfaction among parents and guardians. Users appreciate the quality of care and education provided, which speaks positively about the church's involvement in the community and its commitment to nurturing young learners.

Overall, the reviews suggest that the nonprofit effectively fulfills its mission and positively impacts those it serves, fostering a sense of trust and support within the community.


This AI summary has been generated from reviews found on Facebook.

Is St Johnst Paul Evangelical Lutheran Church Endowment Fund legitimate?

St Johnst Paul Evangelical Lutheran Church Endowment Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Johnst Paul Evangelical Lutheran Church 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:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.faithlutheranchurch.org

What is the mission statement of St Johnst Paul Evangelical Lutheran Church Endowment Fund?

The St. Johnst Paul Evangelical Lutheran Church Endowment Fund's primary objective is to preserve and expand the ministry and outreach initiatives of the former St. John/St. Paul Evangelical Lutheran Church. The fund provides grants to faith-based organizations affiliated with or supported by the Northeastern Ohio Synod of the Evangelical Lutheran Church in America. These grants are allocated for uses beyond the grant recipients' general operating expenses, focusing on projects that introduce individuals to God's grace and healing presence. The Endowment Fund aims to support organizations that align with its mission, ultimately promoting religious, charitable, or educational causes.


Official website here: www.faithlutheranchurch.org

Who is the CEO of St Johnst Paul Evangelical Lutheran Church Endowment Fund?

Linda Reyes is the President of St Johnst Paul Evangelical Lutheran Church Endowment Fund.


Official website here: www.faithlutheranchurch.org

What is the revenue of St Johnst Paul Evangelical Lutheran Church Endowment Fund?

St Johnst Paul Evangelical Lutheran Church Endowment Fund's revenue in 2022 was $95,526.


Official website here: www.faithlutheranchurch.org

Who are the executives of St Johnst Paul Evangelical Lutheran Church Endowment Fund and what are their salaries?

There 9 volunteers at St Johnst Paul Evangelical Lutheran Church Endowment Fund.


Here are 9 key members and their salaries:


Bobby Fitt (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pastor Jean Hansen (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Art Kaufman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Knops (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Lewis (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Heather Popio (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Reyes (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terry Vernon (Trustee, Res)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Watkins (President, R)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.faithlutheranchurch.org

Where can I find the form 990 for St Johnst Paul Evangelical Lutheran Church Endowment Fund?

St Johnst Paul Evangelical Lutheran Church Endowment Fund's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.faithlutheranchurch.org

Learn more at the official website: www.faithlutheranchurch.org

Mission Statement of St Johnst Paul Evangelical Lutheran Church Endowment Fund

The St. John/St. Paul Evangelical Lutheran Church Endowment Fund, often referred to as 'The Fund,' was established with the mission to preserve and expand the ministry and outreach efforts of the former St. John/St. Paul Evangelical Lutheran Church. After merging with Faith Lutheran Church, the fund continues its mission by providing grants to faith-based organizations that are affiliated with or supported by the Northeastern Ohio Synod of the Evangelical Lutheran Church in America. These grants are specifically directed towards projects that introduce individuals to God's grace and healing presence, going beyond the general operating expenses of the recipient organizations. By doing so, the fund aims to support outreach-oriented projects and programs that align with religious, charitable, or educational objectives, thereby contributing to the broader community.

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Impact




October, 2024

The St. John/St. Paul Evangelical Lutheran Church Endowment Fund significantly enhances ministry and outreach efforts within the community, particularly through its financial support of faith-based organizations affiliated with the Northeastern Ohio Synod of the Evangelical Lutheran Church in America. By providing grants that target specific projects rather than general operational costs, the fund plays a crucial role in initiatives that introduce individuals to God's grace and promote healing and assistance.

Through its strategic focus, the endowment helps sustain and expand various programs that carry out the core mission of faith and outreach, fostering a deeper connection to community service and spiritual growth. This impact is particularly evident in projects that address local needs, promoting charitable acts and educational opportunities that align with religious values. By managing endowment funds responsibly, the St. John/St. Paul Evangelical Lutheran Church Endowment Fund ensures that resources are not only preserved but also effectively utilized to make a lasting difference in the lives of those it serves.




This information is meant to be a general summary of St Johnst Paul Evangelical Lutheran Church 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.

Revenue
$95,526 (2022)
Expenses
$79,248 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $53,919
  • Gross Receipts: $95,526

Assets and Liabilities:

  • Total Assets: $1,128,801
  • Total Liabilities: $0
  • Net Assets: $1,128,801

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Organization Details

Founding Year

1992

Principal Officer

Linda Reyes

Main Address

2726 WEST MARKET STREET, AKRON, OH, 44333

NTEE Category

Code: X11 - Religion related

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