Overview
What is The Luminos Fund?
The Luminos Fund is a nonprofit organization situated in Boston, Massachusetts. Its primary focus is on delivering transformative educational programs to thousands of out-of-school children worldwide, enabling them to catch up to their grade level, reintegrate into formal schools, and prepare for lifelong learning. The organization was established to ensure equal access to joyful, foundational learning, particularly for children excluded from education due to crises, poverty, or discrimination. With a vision of a world where no child is denied the opportunity to learn, Luminos has served over 218,000 children across Ethiopia, Ghana, Liberia, Lebanon, and The Gambia. The organization's mission involves working collaboratively with local governments to drive systemic changes and pioneer innovative approaches to deliver quality education to children in dire need. Maximum word limit: 120.
Official website here: www.luminosfund.org
What are the reviews and ratings of this charity?
The Luminos Fund holds an impressive Four-Star out of Four Star rating from Charity Navigator with a score of 97%. This high rating reflects significant strengths in accountability and finance, evidenced by a strong program expense ratio of over 84% and a low liabilities-to-assets ratio of 1.64%. The organization demonstrates excellent practices with an independent board, transparency in financial reporting, and a commitment to effective governance policies.
The Luminos Fund is dedicated to ensuring equitable access to education for all children, particularly those affected by crises, poverty, or discrimination. The organization's strategic goals include delivering its educational programs to marginalized populations and advocating for broader adoption of its methods. Additionally, their leadership and adaptability score of 100 indicates a robust capacity to navigate challenges in education systems, particularly during conflicts and crises, such as their recent efforts in Tigray.
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Is The Luminos Fund legitimate?
The Luminos Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Luminos 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: $496,922
Professional Fundraising Fees: $0
Other Salaries and Wages: $996,834
For more financial information, click here
Official website here: www.luminosfund.org
What is the mission statement of The Luminos Fund?
The Luminos Fund's mission is centered around providing transformative education programs to thousands of out-of-school children. This initiative aims to help these children catch up to their grade level, reintegrate into government schools, and prepare for lifelong learning. The organization was established with the goal of ensuring equal access to joyful, foundational learning for all children, particularly those who have been excluded due to crises, poverty, or discrimination. Their vision is a world where no child is denied the opportunity to learn. As of now, Luminos has served over 218,500 children across Ethiopia, Ghana, Liberia, Lebanon, and The Gambia. As Luminos expands and pioneers innovative approaches to bring quality education to children in dire need, they collaborate with local governments to drive systemic change.
Official website here: www.luminosfund.org
Who is the CEO of The Luminos Fund?
Caitlin Baron is the Ceo of The Luminos Fund. The CEO's salary of The Luminos Fund is $279,126 and their total compensation is $326,774.
Official website here: www.luminosfund.org
What is the revenue of The Luminos Fund?
The Luminos Fund's revenue in 2022 was $8,018,871.
Official website here: www.luminosfund.org
Who are the executives of The Luminos Fund and what are their salaries?
The average compensation at The Luminos Fund during 2022 was $135,796. There are 11 employees and 5 volunteers at The Luminos Fund.
Here are 8 key members and their salaries (The Luminos Fund's CEO's salary is $279,126 and their total compensation is $326,774):
- Compensation: $279,126
- Related: $0
- Other: $47,648
- Compensation: $125,000
- Related: $0
- Other: $24,748
- Compensation: $20,400
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.luminosfund.org
Where can I find the form 990 for The Luminos Fund?
The Luminos Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.luminosfund.org
Learn more at the official website: www.luminosfund.org
Mission Statement of The Luminos Fund
The Luminos Fund, an organization dedicated to transformative education, provides extensive learning programs to thousands of children who are currently out of school. Their primary objective is to help these children catch up to their respective grade levels, reintegrate into government schools, and prepare for a lifetime of learning. Established with a vision to ensure equal access to joyful, foundational learning, even for children affected by crises, poverty, or discrimination, Luminos operates in Ethiopia, Ghana, Liberia, Lebanon, and The Gambia. To date, they have served over 218,541 children, demonstrating their commitment to making a significant impact in children's education. As Luminos continues to expand, they collaborate with local governments to drive system-level changes, pioneering innovative approaches to deliver quality education to children in greatest need.
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Impact
October, 2024
The Luminos Fund has a significant impact on the lives of thousands of out-of-school children by providing transformative education programs. These initiatives enable children to catch up to grade level, reintegrate into government schools, and prepare for lifelong learning. Founded with the mission to ensure equal access to joyful and foundational learning, Luminos focuses on children who are marginalized by crisis, poverty, or discrimination.
To date, Luminos has served over 218,541 children across multiple countries, including Ethiopia, Ghana, Liberia, Lebanon, and The Gambia. By implementing pioneering approaches to deliver quality education, Luminos not only addresses immediate educational needs but also collaborates with local governments to foster systems-level change. Their vision is to create a world where no child is denied the opportunity to learn, driving towards a future where education is universally accessible and equitable.
This information is meant to be a general summary of The Luminos 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 2022.
- Gross Receipts: $8,018,871
Assets and Liabilities:
- Total Assets: $12,992,092
- Total Liabilities: $213,862
- Net Assets: $12,778,230
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Organization Details
Founding Year
2015
Phone
(781) 333-8317Principal Officer
Caitlin Baron
Main Address
71 COMMERCIAL STREET 232, BOSTON, MA, 02109
Website
www.luminosfund.orgNTEE Category
Code: B20 - Education
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