Overview
What is Lutheran News Inc?
Lutheran News Inc is a nonprofit organization situated in New Haven, Missouri. Their primary focus is publishing a weekly newspaper and accompanying books, with the aim of disseminating the Christian gospel message of Jesus Christ. The organization also strives to keep the religious community informed about developments in their faith. With a dedicated team of eight employees, Lutheran News Inc plays a significant role in spreading religious knowledge and beliefs within their community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 53%, One-Star out of Four Stars
Lutheran News Inc has received a low overall score of 53%, which is based entirely on its Accountability & Finance metrics, leading to a One-Star rating. This score indicates significant concerns regarding the organization's governance, particularly the absence of independent board members and missing critical policies such as conflict of interest and whistleblower protections.
Despite some strengths, such as a high program expense ratio of 99.90% and a favorable liabilities to assets ratio of 1.74%, the lack of transparency and accountability measures raises red flags. The charity's website is also notably absent from its tax documentation, further complicating trust and oversight.
Overall, while Lutheran News Inc appears to allocate a large portion of its resources towards its programs, the deficiencies in governance and policy framework suggest that potential donors and stakeholders should proceed with caution. Enhanced transparency and adherence to best practices in nonprofit management are necessary for improving its standing and credibility.
This AI summary has been generated from information found on Charity Navigator.
Is Lutheran News Inc legitimate?
Lutheran News Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lutheran News 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: $25,487
Professional Fundraising Fees: $0
Other Salaries and Wages: $80,151
For more financial information, click here
What is the mission statement of Lutheran News Inc?
Lutheran News Inc's mission is centered around publishing a Christian newspaper. Their primary objective is to disseminate the gospel message of Jesus Christ. In addition to this, they strive to keep the readers informed about the religious world. By doing so, they aim to serve as a reliable source of information within the religious community. The organization also engages in the printing and mailing of a weekly newspaper, along with supporting books, to reach a wider audience.
Who is the CEO of Lutheran News Inc?
Randy Hill is the President of Lutheran News Inc.
What is the revenue of Lutheran News Inc?
Lutheran News Inc's revenue in 2022 was $595,301.
Who are the executives of Lutheran News Inc and what are their salaries?
The average compensation at Lutheran News Inc during 2022 was $13,205. There are 8 employees at Lutheran News Inc.
Here are 3 key members and their salaries:
- Compensation: $25,487
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Lutheran News Inc?
Lutheran News Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Lutheran News Inc
Lutheran News Inc, a nonprofit organization, is dedicated to spreading the gospel message of Jesus Christ. It achieves this mission by publishing a weekly newspaper. This publication serves as a medium to disseminate religious information and keep the community informed about the religious world. Beyond the newspaper, Lutheran News Inc also produces supporting books. The organization's primary objective is to spread the teachings of Jesus Christ and keep the public engaged with religious matters.
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Impact
July, 2024
Lutheran News Inc's impact lies in its mission to publish a Christian newspaper that spreads the gospel message of Jesus Christ and keeps its readers informed about the religious world. Through their publication and distribution of a weekly newspaper and supporting books, Lutheran News Inc plays a crucial role in sharing Christian teachings and fostering a sense of community among believers. Their work helps to educate, inspire, and connect individuals within the Lutheran faith tradition and beyond.
This information is meant to be a general summary of Lutheran News 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: $394,200
- Program Service Revenue: $38,547
- Gross Receipts: $3,412,916
Assets and Liabilities:
- Total Assets: $3,929,352
- Total Liabilities: $49,941
- Net Assets: $3,879,411
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RELATED PROGRAM MATERIALS
Revenue
$38,547
Organization Details
Founding Year
1964
Phone
(573) 237-3110Principal Officer
Randy Hill
Main Address
684 Luther Lane, New Haven, MO, 63068
NTEE Category
Code: X20 - Religion related
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