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Lake Pointe Family Ministries Of The Carolinas Inc

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

EIN: 412059217 ✦ Lake wylie, SC ✦ Designated as a 501(c)(3)

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Overview

What is Lake Pointe Family Ministries Of The Carolinas Inc?

Lake Pointe Family Ministries of the Carolinas Inc is a nonprofit organization situated in Lake Wylie, South Carolina. Their main mission is to establish and operate an educational ministry, offering families residing near York, South Carolina, rigorous academic instruction. This education is designed to foster lifelong learning skills. Their activities primarily revolve around operating an educational institution, providing comprehensive academic instruction for the community.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 75% (Three-Star out of Four Stars)

Lake Pointe Family Ministries Of The Carolinas Inc has received a Three-Star rating based on a score of 75%. This score reflects a strong performance in accountability and finance, which is essential for ensuring transparency and responsible stewardship of donor funds. The rating indicates that the organization meets several key financial management standards.

The nonprofit has an independent board with 60% of its members being independent, which is a positive sign for governance. Additionally, it has demonstrated excellent asset management, with no material diversion of assets and a favorable liabilities-to-assets ratio of 49.65%. The organization also adheres to sound operational policies, including a conflict of interest policy and protocols for document retention.

While the financial metrics are strong, it is important to note that the overall rating is solely based on accountability and finance. Potential donors may want to look for additional information on the organization's programmatic effectiveness and impact to gain a more comprehensive understanding of its operations.


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

Is Lake Pointe Family Ministries Of The Carolinas Inc legitimate?

Lake Pointe Family Ministries Of The Carolinas Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lake Pointe Family Ministries Of The Carolinas 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: $503,007

For more financial information, click here

What is the mission statement of Lake Pointe Family Ministries Of The Carolinas Inc?

Lake Pointe Family Ministries Of The Carolinas Inc, as part of its mission, establishes and operates an educational ministry. This ministry aims to offer families rigorous academic instruction. The instruction is designed to foster lifelong learning skills, providing a solid educational foundation for individuals in the vicinity. The ministry operates an educational institution, providing a structured environment for learning and growth.

Who is the CEO of Lake Pointe Family Ministries Of The Carolinas Inc?

Melody Miller is the President of Lake Pointe Family Ministries Of The Carolinas Inc.

What is the revenue of Lake Pointe Family Ministries Of The Carolinas Inc?

Lake Pointe Family Ministries Of The Carolinas Inc's revenue in 2023 was $1,090,487.

Who are the executives of Lake Pointe Family Ministries Of The Carolinas Inc and what are their salaries?

The average compensation at Lake Pointe Family Ministries Of The Carolinas Inc during 2023 was $33,534. There are 15 employees at Lake Pointe Family Ministries Of The Carolinas Inc.


Here are 5 key members and their salaries:


Melody Miller (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Kraxberger (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ken Rogers (Sec/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Tyrpak (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Camille Tyrpak (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Lake Pointe Family Ministries Of The Carolinas Inc?

Lake Pointe Family Ministries Of The Carolinas Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Lake Pointe Family Ministries Of The Carolinas Inc

Lake Pointe Family Ministries of the Carolinas, a nonprofit organization, has a mission to establish and operate an educational ministry. Their primary goal is to provide families in their vicinity with rigorous academic instruction. This instruction is designed to foster skills that will support a lifetime of continuous learning. The organization operates an educational institution as part of this mission, aiming to contribute positively to the communities they serve. By offering a rigorous academic program, Lake Pointe Family Ministries of the Carolinas seeks to equip families with the tools they need to succeed in their educational journeys, promoting a culture of lifelong learning.

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Impact




July, 2024

Lake Pointe Family Ministries of the Carolinas Inc's impact is centered around providing rigorous academic instruction to families in the vicinity of York, South Carolina. By operating an educational ministry in Lake Wylie, SC, they are committed to developing skills for a lifetime of continued learning. Their mission to establish and operate an educational ministry reflects their dedication to providing quality education to the community. Through their program, they aim to make a positive difference in the lives of students and families, emphasizing the importance of education and skill development.




This information is meant to be a general summary of Lake Pointe Family Ministries Of The Carolinas 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
$1,090,487 (2023)
Expenses
$815,761 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Program Service Revenue: $961,028
  • Gross Receipts: $1,090,487

Assets and Liabilities:

  • Total Assets: $3,767,031
  • Total Liabilities: $1,870,577
  • Net Assets: $1,896,454

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Programs

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

ACADEMIC TUITION AND FEES

Revenue

$928,028

RENTAL INCOME

Revenue

$33,000

Organization Details

Founding Year

2007

Principal Officer

Melody Miller

Main Address

PO BOX 5428, LAKE WYLIE, SC, 29710

NTEE Category

Code: X20 - Religion related

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