Overview
What is Living Church Foundation Inc?
Living Church Foundation Inc, based in Milwaukee, Wisconsin, is a nonprofit organization with a mission to foster unity within the Christian faith. Their primary activity involves supporting the production of a magazine, which helps offset its costs. With a team of 12 dedicated individuals, the foundation seeks to bridge the gap between Catholic and Evangelical beliefs, working towards a visible unity across the global Christian community.
Official website here: www.livingchurch.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88% (Three-Star out of Four Star rating)
Living Church Foundation Inc has received a solid Three-Star rating from Charity Navigator, indicating a commendable level of accountability and financial health. With an overall score of 88%, the organization demonstrates strong governance practices, such as having a fully independent board and effective financial oversight committees. Additionally, their program expense ratio of 76.70% showcases a significant commitment to their mission, ensuring that a large portion of their expenditures is directed towards programs.
Despite its strengths, the organization does have some limitations. Notably, it lacks a whistleblower policy and a document retention and destruction policy, which are essential for maintaining transparency and accountability in nonprofit operations. Furthermore, the absence of posted tax forms on their website may hinder potential donors from accessing vital information about their financial practices.
Overall, while Living Church Foundation Inc shows a robust performance in governance and financial management, addressing the identified shortcomings could enhance their credibility and trust among stakeholders. The organization’s commitment to transparency and effective use of funds is evident, but improving their policy documentation would further strengthen their standing in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Living Church Foundation Inc legitimate?
Living Church Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Living Church Foundation 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: $448,948
For more financial information, click here
Official website here: www.livingchurch.org/
What is the mission statement of Living Church Foundation Inc?
The Living Church Foundation Inc's mission is centered around promoting the Catholic and Evangelical faith within the broader Christian community. Their goal is to strive towards visible Christian unity worldwide. To accomplish this, they engage in activities that foster understanding and unity among different Christian denominations. Additionally, they support various initiatives to help spread this message and reduce divisions within the Church. The foundation also utilizes its Living Church partner pages to help offset the costs associated with producing their magazine, contributing to their mission in a practical way.
Official website here: www.livingchurch.org/
Who is the CEO of Living Church Foundation Inc?
Matthew Olver is the Executive Director of Living Church Foundation Inc.
Official website here: www.livingchurch.org/
What is the revenue of Living Church Foundation Inc?
Living Church Foundation Inc's revenue in 2022 was $1,100,347.
Official website here: www.livingchurch.org/
Who are the executives of Living Church Foundation Inc and what are their salaries?
The average compensation at Living Church Foundation Inc during 2022 was $37,412. There are 12 employees at Living Church Foundation Inc.
Here are 13 key members and their salaries:
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Official website here: www.livingchurch.org/
Where can I find the form 990 for Living Church Foundation Inc?
Living Church Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.livingchurch.org/
Learn more at the official website: www.livingchurch.org/
Mission Statement of Living Church Foundation Inc
Living Church Foundation Inc, a nonprofit organization, is dedicated to fostering unity among Christians worldwide. Their mission is to promote and serve the Catholic and Evangelical faith, with the ultimate goal of achieving visible Christian unity. This organization strives to bridge the gap between different Christian denominations, working towards the unity of the one Church. This mission is encapsulated in their activity description, which emphasizes their role in seeking and serving this unified faith. Their efforts aim to contribute to a more united Christian community, transcending the boundaries of individual beliefs and practices. The Living Church Foundation Inc's work is instrumental in fostering dialogue and understanding among Christians, aiming to bring them closer to achieving their shared faith.
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Impact
July, 2024
Living Church Foundation Inc works tirelessly to further the Catholic evangelical faith of the one Church with the ultimate goal of visible Christian unity worldwide. Through the expansion of the living church partner pages and the production of its magazine, the organization is able to reach a wider audience and help support its mission. Based in Milwaukee, Wisconsin, Living Church Foundation Inc is actively working towards its mission of promoting unity within the Christian community.
This information is meant to be a general summary of Living Church Foundation 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 2022.
- Investment Income: $10,182
- Program Service Revenue: $522,893
- Gross Receipts: $1,136,107
Assets and Liabilities:
- Total Assets: $756,044
- Total Liabilities: $198,051
- Net Assets: $557,993
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Advertising Revenue
Revenue
$155,148
Subscription Revenue
Revenue
$367,745
Organization Details
Founding Year
1928
Phone
(414) 276-5420Principal Officer
Matthew Olver
Main Address
PO Box 510705, Milwaukee, WI, 53203
Website
www.livingchurch.org/NTEE Category
Code: X122 - Religion related
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