Overview
What is Reaching Indians Ministries International Inc?
Reaching Indians Ministries International Inc, commonly referred to as RIMI, is a nonprofit organization based in Lindenhurst, Illinois. With a modest workforce of 12 individuals, RIMI's mission is to positively impact the spiritual, social, and economic conditions of underrepresented communities in South Asia. They achieve this by fostering indigenous leaders and promoting the message of Jesus Christ. A significant part of their operations involves providing financial assistance to international organizations that share their vision. RIMI's headquarters can be found at 1949 Old Elm Road, Lindenhurst, IL.
Official website here: www.rimi.org
What are the reviews and ratings of this charity?
79% rating from Charity Navigator indicates that Reaching Indians Ministries International Inc has a solid performance, earning a Three-Star out of Four Star rating. This score reflects the organization's accountability and financial management, demonstrating a commitment to responsible stewardship of resources.
Strengths of the organization include a fully independent board, with 86% of its members being independent, and a strong program expense ratio of 84.27%, showing efficient allocation of funds towards its mission. Additional positive aspects include the absence of material diversion of assets and an effective fundraising efficiency ratio of $0.07, indicating low fundraising costs relative to the funds raised.
However, the organization faces a limitation with a working capital ratio of only 0.29 years, which may suggest potential liquidity issues in the short term. Overall, while the charity demonstrates strong governance and effective use of funds, it may need to address its working capital to ensure sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Reaching Indians Ministries International Inc legitimate?
Reaching Indians Ministries International Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Reaching Indians Ministries International 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: $137,576
Professional Fundraising Fees: $0
Other Salaries and Wages: $92,626
For more financial information, click here
Official website here: www.rimi.org
What is the mission statement of Reaching Indians Ministries International Inc?
Reaching Indians Ministries International Inc's mission is centered around transforming the spiritual, social, and economic conditions of under-served communities in South Asia. The organization achieves this by focusing on the development of indigenous leaders who can effectively spread the message of Jesus Christ within their own communities. Their mission involves providing grants to international organizations to help facilitate this transformation. Their ultimate goal is to bring about meaningful change in the lives of the unreached people groups in South Asia.
Official website here: www.rimi.org
Who is the CEO of Reaching Indians Ministries International Inc?
Saji Lukos is the President of Reaching Indians Ministries International Inc.
Official website here: www.rimi.org
What is the revenue of Reaching Indians Ministries International Inc?
Reaching Indians Ministries International Inc's revenue in 2023 was $2,067,593.
Official website here: www.rimi.org
Who are the executives of Reaching Indians Ministries International Inc and what are their salaries?
The average compensation at Reaching Indians Ministries International Inc during 2023 was $19,184. There are 12 employees at Reaching Indians Ministries International Inc.
Here are 16 key members and their salaries:
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Official website here: www.rimi.org
Where can I find the form 990 for Reaching Indians Ministries International Inc?
Reaching Indians Ministries International Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.rimi.org
Learn more at the official website: www.rimi.org
Mission Statement of Reaching Indians Ministries International Inc
Reaching Indians Ministries International Inc, a nonprofit organization, is dedicated to altering the spiritual, social, and economic circumstances of the overlooked people groups in South Asia. Their primary mission is to convey the message of Jesus Christ to these communities. To achieve this goal, they focus on developing local leaders who can effectively spread the message and bring about change in their communities. This approach empowers the indigenous population, ensuring that the transformation is sustainable and culturally relevant. The organization's mission is not just about spreading religious beliefs; it's about improving the overall conditions of these communities, helping them to uplift themselves and lead fulfilling lives. The organization's total expenses include grants given to international organizations that aid in fulfilling this mission.
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Impact
October, 2024
Reaching Indians Ministries International Inc has a profound impact on the spiritual, social, and economic conditions of unreached people groups in South Asia. By focusing on developing indigenous leaders, the organization empowers local communities to embrace the message of Jesus Christ, facilitating long-term transformation. Through its initiatives, it provides resources and grants to international organizations that align with its mission, ensuring that support reaches those in need effectively.
This approach not only spreads the message of faith but also addresses critical issues such as poverty, education, and social development. The emphasis on indigenous leadership fosters self-sustainability, allowing communities to thrive independently while being rooted in their cultural contexts. By transforming lives and building up leaders within these communities, Reaching Indians Ministries is instrumental in fostering hope and empowerment across South Asia.
This information is meant to be a general summary of Reaching Indians Ministries International 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 2023.
- Gross Receipts: $2,067,593
Assets and Liabilities:
- Total Assets: $557,241
- Total Liabilities: $12,394
- Net Assets: $544,847
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Organization Details
Founding Year
1994
Phone
(847) 265-0630Principal Officer
Saji Lukos
Main Address
1949 Old Elm Road, Lindenhurst, IL, 60046
Website
www.rimi.orgNTEE Category
Code: X20 - Religion related
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