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Higher Things Inc

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

EIN: 392011837 ✦ Lisbon, IA ✦ Designated as a 501(c)(3)

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Overview

What is Higher Things Inc?

Higher Things Inc, located in Lisbon, Iowa, is a nonprofit organization dedicated to serving youth and young adults. Their primary mission is to spread the gifts of Christ Jesus, which they accomplish through conducting conferences and smaller retreats. These events attract over 1,700 youth, pastors, and adult leaders annually, providing a platform for them to deepen their understanding of their Christian faith. The conferences are filled with daily worship, catechesis classes, breakout sessions, and entertainment. Smaller retreats, held throughout the year, share similar objectives but on a smaller, regional scale. Higher Things Inc employs a team of 16 individuals in their mission to positively impact the lives of young people.


Official website here: www.higherthings.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 79%, Three-Star out of Four Star rating.

Higher Things Inc has received a Three-Star rating from Charity Navigator, reflecting a solid performance with a score of 79%. This rating is primarily based on accountability and finance, indicating that the organization meets various governance and financial practices effectively. A significant strength is the composition of its board, which is entirely independent, showcasing commitment to ethical oversight.

The organization scores exceptionally well in several areas, including financial statements and policies related to conflict of interest and whistleblower protections. With a program expense ratio of 68.04%, a significant portion of its funding is directed towards its mission-related activities. However, its liabilities to assets ratio of 77.98% raises some concerns regarding financial stability, suggesting that the organization may have a high level of debt compared to its assets.

Overall, while Higher Things Inc demonstrates a strong commitment to accountability and effective governance, potential donors should consider the implications of its financial liabilities when evaluating its long-term sustainability.


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

Is Higher Things Inc legitimate?

Higher Things Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Higher Things 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: $97,190
Professional Fundraising Fees: $0
Other Salaries and Wages: $290,820

For more financial information, click here


Official website here: www.higherthings.org

What is the mission statement of Higher Things Inc?

Higher Things Inc's mission is centered around spreading the gifts of Christ Jesus to youth and young adults. Their primary objective is to foster a strong Christian identity among the youth and provide a platform for them to delve deeper into their faith. This is achieved through various conferences, which include daily worship services, catechesis classes, breakout sessions, and entertainment. Smaller retreats are also organized throughout the year, serving similar objectives on a more local, regional scale.


Official website here: www.higherthings.org

Who is the CEO of Higher Things Inc?

Erica Jacoby Sorensen is the Executive Director of Higher Things Inc.


Official website here: www.higherthings.org

What is the revenue of Higher Things Inc?

Higher Things Inc's revenue in 2022 was $1,219,223.


Official website here: www.higherthings.org

Who are the executives of Higher Things Inc and what are their salaries?

The average compensation at Higher Things Inc during 2022 was $24,251. There are 16 employees and 500 volunteers at Higher Things Inc.


Here are 10 key members and their salaries:


Erica Jacoby Sorensen (Executive Director)
  • Compensation: $80,475
  • Related: $0
  • Other: $18,644
Jeffrey Ware (Director)
  • Compensation: $900
  • Related: $0
  • Other: $0
Duane Bamsch (President)
  • Compensation: $800
  • Related: $0
  • Other: $0
Rebekah Clausen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eleanor Corrow (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anthony Pelligrini (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Pless (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randy Sturzenbecher (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joel Fritsche (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kurt Winrich (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.higherthings.org

Where can I find the form 990 for Higher Things Inc?

Higher Things Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.higherthings.org

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

Mission Statement of Higher Things Inc

Higher Things Inc, a nonprofit organization, is dedicated to making the gifts of Christ Jesus known to youth and young adults. Their mission is to provide a platform where these individuals can deepen their understanding of their Christian faith and establish a strong Christian identity. They achieve this through a series of conferences and smaller retreats.

At these events, Higher Things Inc organizes daily worship services, catechesis classes, breakout sessions, and entertainment. These activities are designed to engage the youth and young adults, allowing them to explore their faith in a supportive and enriching environment. The conferences, which attract over 1,700 attendees, including youth, pastors, and adult leaders, serve as a significant part of their mission.

In addition to the conferences, Higher Things Inc also hosts smaller retreats on a regional scale. These retreats follow a similar objective, offering opportunities for youth and young adults to explore their faith in a more intimate setting. By providing these events, Higher Things Inc is committed to fostering a strong Christian identity and deepening the understanding of the faith among the younger generation.

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Impact




July, 2024

Higher Things Inc's impact is significant in making the gifts of Christ Jesus known to youth and young adults. Through holding conferences and smaller retreats, over 1,700 youth, pastors, and adult leaders are served each year. These events promote a strong Christian identity among the attendees, providing a place for them to deepen their understanding of their faith through worship, catechesis classes, breakout sessions, and entertainment. This organization plays a crucial role in nurturing the spiritual growth and development of the younger generation, helping them to embrace their Christian beliefs and values.




This information is meant to be a general summary of Higher Things 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.

Revenue
$1,219,223 (2022)
Expenses
$1,256,723 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,344
  • Program Service Revenue: $753,017
  • Gross Receipts: $1,229,737

Assets and Liabilities:

  • Total Assets: $954,152
  • Total Liabilities: $764,715
  • Net Assets: $189,437

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

CONFERENCE REGISTRATIO

Revenue

$695,653

EXHIBITOR INCOME

Revenue

$44,304

RETREAT REGISTRATIONS

Revenue

$8,667

REBATES, REFUNDS AND R

Revenue

$2,304

SUBSCRIPTIONS

Revenue

$2,089

Organization Details

Founding Year

2000

Principal Officer

Erica Jacoby Sorensen

Main Address

PO BOX 175, LISBON, IA, 52253

NTEE Category

Code: X20 - Religion related

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