Overview
What is Lumen Institute Incorporated?
Lumen Institute Incorporated is a nonprofit organization situated in Allentown, Pennsylvania. With a focus on faith, leadership, and character, they held regular meetings, events, and luncheons throughout 2022. Their mission involves the spiritual growth of individuals, inspiring them to integrate the values and lessons learned into their personal lives, families, and the broader community, ultimately contributing positively to society as a whole. In 2022, 245 men and women participated in their Formation programs at six different locations, resulting in a membership count of 196 by the year's end.
Official website here: www.lumeninstitute.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 67% (Two-Star out of Four Star Rating)
Lumen Institute Incorporated has received a 67% rating from Charity Navigator, indicating a need for improvement in its accountability and financial practices. The organization has demonstrated strengths in governance, with a fully independent board and a favorable liabilities to assets ratio of 2.42%, which suggests good financial health. Additionally, the program expense ratio is high at 89.53%, reflecting a strong commitment to spending on its programs rather than administrative costs.
However, there are significant weaknesses noted in the accountability section. The organization lacks essential policies such as conflict of interest, whistleblower, and document retention, which are critical for maintaining transparency and trust. Furthermore, the absence of financial statements and documented board meeting minutes raises concerns about its financial reporting and governance practices.
Overall, while Lumen Institute shows promise in its programmatic focus and governance structure, the missing policies and documentation highlight areas that need urgent attention to improve its overall accountability and to boost donor confidence.
This AI summary has been generated from information found on Charity Navigator.
Is Lumen Institute Incorporated legitimate?
Lumen Institute Incorporated is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lumen Institute Incorporated 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: $50,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.lumeninstitute.org
What is the mission statement of Lumen Institute Incorporated?
Lumen Institute Incorporated's mission involves fostering the spiritual growth of individuals. This process is facilitated through regular meetings, events, and luncheons centered around topics such as faith, leadership, and character. The mission encourages these individuals to apply the values and lessons learned in their personal lives, extending them to their families and the wider community. This, in turn, contributes positively to society as a whole. In 2022, 245 men and women participated in these programs across six locations, with the membership reaching 196 members by the year's end.
Official website here: www.lumeninstitute.org
What is the revenue of Lumen Institute Incorporated?
Lumen Institute Incorporated's revenue in 2023 was $1,274,890.
Official website here: www.lumeninstitute.org
Who are the executives of Lumen Institute Incorporated and what are their salaries?
Here are 9 key members and their salaries:
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Official website here: www.lumeninstitute.org
Where can I find the form 990 for Lumen Institute Incorporated?
Lumen Institute Incorporated's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.lumeninstitute.org
Learn more at the official website: www.lumeninstitute.org
Mission Statement of Lumen Institute Incorporated
Lumen Institute Incorporated, a nonprofit organization, is dedicated to fostering the spiritual growth of individuals. It encourages its members to integrate the principles of faith, character, and leadership into their personal lives, family units, and the broader community. By doing so, Lumen aims to contribute positively to society as a whole. In 2022, Lumen continued its mission by hosting regular meetings, events, and luncheons centered around these themes. This engagement attracted 245 individuals, who actively participated in Formation programs across six locations. As the year concluded, the membership count stood at 196 members.
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Impact
July, 2024
Lumen Institute Incorporated's impact can be seen in the spiritual development and personal growth of individuals who have participated in its programs. By providing a space for discussions on faith, leadership, and character, Lumen has empowered 245 men and women to deepen their understanding of these values. Through their efforts, the 196 members have not only enhanced their own lives but have also been inspired to share these lessons with their families and communities, contributing to the betterment of society as a whole. This ripple effect of positive influence is at the core of Lumen's mission to promote spiritual growth and ethical leadership among its participants.
This information is meant to be a general summary of Lumen Institute Incorporated. 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 2023.
- Investment Income: $51,680
- Program Service Revenue: $615,281
- Gross Receipts: $1,274,890
Assets and Liabilities:
- Total Assets: $1,910,957
- Total Liabilities: $46,311
- Net Assets: $1,864,646
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Formation programs
Revenue
$566,821
LLSS luncheons
Revenue
$5,565
Young Fellowship
Revenue
$42,895
Organization Details
Founding Year
2011
Principal Officer
James Hislop
Website
www.lumeninstitute.orgNTEE Category
Code: P99 - Human services
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