Overview
What is The Lutheran Scholarship Granting Organization Of Indiana Inc?
The Lutheran Scholarship Granting Organization of Indiana Inc. is a nonprofit organization situated in Fort Wayne, Indiana. Their primary purpose is to generate funds from individuals and businesses, which they subsequently distribute as scholarship funds to eligible students wishing to attend a Christian school of their choice, including Lutheran schools, within the states they serve. This organization plays a significant role in supporting enrollment growth and fostering Christian outreach to families. Their mission is deeply rooted in the belief that educational opportunities should be accessible to all, regardless of financial constraints, thereby promoting Christian values and education.
Official website here: www.lutheransgo.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Star Rating from Charity Navigator.
The Lutheran Scholarship Granting Organization Of Indiana Inc has achieved an impressive Four-Star rating, reflecting its strong performance in accountability and finance. With a high score of 97%, the organization demonstrates effective governance, including a completely independent board and well-structured policies that promote transparency and accountability. The oversight mechanisms in place, such as an audit committee and conflict of interest policies, further enhance the trustworthiness of the organization.
Financially, the charity exhibits solid metrics, with a low liabilities to assets ratio of 2.84% and an outstanding program expense ratio of 92.74%, indicating that a significant portion of its funds is directed toward program services rather than administrative costs. Additionally, the fundraising efficiency ratio of $0.01 suggests that the organization is exceptionally effective in utilizing donations for its mission, keeping fundraising costs minimal.
However, while the organization shows remarkable financial health and operational integrity, detailed user feedback or perspectives on the impact of its programs are not highlighted in the available data. This absence may limit a comprehensive understanding of the organization's overall effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is The Lutheran Scholarship Granting Organization Of Indiana Inc legitimate?
The Lutheran Scholarship Granting Organization Of Indiana Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Lutheran Scholarship Granting Organization Of Indiana 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: $0
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Official website here: www.lutheransgo.org
What is the mission statement of The Lutheran Scholarship Granting Organization Of Indiana Inc?
The Lutheran Scholarship Granting Organization of Indiana Inc. is committed to raising funds from individuals and businesses, with the purpose of distributing scholarship funds to eligible students attending Lutheran and other Christian schools in the states it serves. Its primary mission is to support enrollment growth and Christian outreach to families, providing financial aid to students wishing to attend a Christian school of their choice. The organization aims to empower these students by making education more accessible and affordable.
Official website here: www.lutheransgo.org
Who is the CEO of The Lutheran Scholarship Granting Organization Of Indiana Inc?
Karl Davis is the President of The Lutheran Scholarship Granting Organization Of Indiana Inc.
Official website here: www.lutheransgo.org
What is the revenue of The Lutheran Scholarship Granting Organization Of Indiana Inc?
The Lutheran Scholarship Granting Organization Of Indiana Inc's revenue in 2022 was $4,492,702.
Official website here: www.lutheransgo.org
Who are the executives of The Lutheran Scholarship Granting Organization Of Indiana Inc and what are their salaries?
There 7 volunteers at The Lutheran Scholarship Granting Organization Of Indiana Inc.
Here are 5 key members and their salaries:
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Official website here: www.lutheransgo.org
Where can I find the form 990 for The Lutheran Scholarship Granting Organization Of Indiana Inc?
The Lutheran Scholarship Granting Organization Of Indiana Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lutheransgo.org
Learn more at the official website: www.lutheransgo.org
Mission Statement of The Lutheran Scholarship Granting Organization Of Indiana Inc
The Lutheran Scholarship Granting Organization of Indiana, Inc., is a mission-driven entity that aims to raise funds from individuals and businesses. This organization's primary objective is to distribute these scholarship funds to eligible students who wish to attend Lutheran and other Christian schools in the states it serves. The purpose of these scholarships is to support enrollment growth and foster Christian outreach within these families. By offering financial aid, this organization plays a significant role in making Christian education accessible to a broader range of students, thereby promoting educational opportunities and Christian values.
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Impact
July, 2024
The impact of The Lutheran Scholarship Granting Organization Of Indiana Inc is centered around its mission to raise funds and distribute scholarships to eligible students attending Lutheran and other Christian schools in states served by the organization. By providing scholarship funds, the organization supports enrollment growth and Christian outreach to families. Through the support of individuals and businesses, The Lutheran SGO enables students to attend Indiana Christian schools of their choice, promoting access to quality education within a Christian environment.
This information is meant to be a general summary of The Lutheran Scholarship Granting Organization Of Indiana 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: $29,856
- Gross Receipts: $5,398,566
Assets and Liabilities:
- Total Assets: $3,928,427
- Total Liabilities: $13,764
- Net Assets: $3,914,663
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Organization Details
Founding Year
2012
Phone
(260) 203-4509Principal Officer
Karl Davis
Main Address
PO BOX 5174, FORT WAYNE, IN, 46895
Website
www.lutheransgo.orgNTEE Category
Code: T30 - Philanthropy
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