Overview
What is Pope Leo Xiii Institute Inc?
Pope Leo Xiii Institute Inc, situated in Mundelein, Illinois, is a nonprofit organization that adheres to the charitable and educational criteria outlined in Section 501(c)(3) of the Internal Revenue Code. Primarily, their mission involves hosting retreats to educate Roman Catholic priests. This learning environment allows priests to enhance their knowledge and skills, contributing to the overall spiritual growth within their faith community. With a modest team of dedicated individuals, the Institute continues to carry out its charitable and educational mission.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77%, Three-Star out of Four Star rating.
The Pope Leo XIII Institute Inc has achieved a Three-Star rating from Charity Navigator, reflecting a solid score of 77%. This score is based entirely on the Accountability & Finance beacon, indicating a strong focus on financial transparency and responsible governance. The organization boasts an independent board with 100% of its members being independent, which enhances its credibility and trustworthiness.
The institute demonstrates effective management of its assets, with a material diversion of assets rated at none, and a favorable liabilities to assets ratio of 0.00%. Additionally, the organization has high program expense ratios, with 73.37% of its expenses directed towards its programs, which signifies a commitment to its mission over administrative costs.
While the rating underscores the institute's strengths in governance and financial management, the overall score does not provide insights into program outcomes or impact. Users seeking detailed evaluations of the organization's effectiveness in achieving its mission may need to explore additional resources beyond financial metrics.
This AI summary has been generated from information found on Charity Navigator.
Is Pope Leo Xiii Institute Inc legitimate?
Pope Leo Xiii Institute Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pope Leo Xiii Institute 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: $39,330
For more financial information, click here
What is the mission statement of Pope Leo Xiii Institute Inc?
The Pope Leo Xiii Institute Inc, as per its mission, is dedicated to pursuing charitable and educational endeavors, falling under the umbrella of Section 501(c)(3) of the Internal Revenue Code. One of their primary activities includes organizing retreats aimed at educating Roman Catholic Priests. The institution's purpose is to contribute positively to society through charitable and educational initiatives.
Who is the CEO of Pope Leo Xiii Institute Inc?
Fr James Mattaliano is the President of Pope Leo Xiii Institute Inc.
What is the revenue of Pope Leo Xiii Institute Inc?
Pope Leo Xiii Institute Inc's revenue in 2022 was $461,108.
Who are the executives of Pope Leo Xiii Institute Inc and what are their salaries?
The average compensation at Pope Leo Xiii Institute Inc during 2022 was $39,330. There is 1 employee at Pope Leo Xiii Institute Inc.
Here are 5 key members and their salaries:
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- Other: $0
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Where can I find the form 990 for Pope Leo Xiii Institute Inc?
Pope Leo Xiii Institute Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Pope Leo Xiii Institute Inc
Pope Leo Xiii Institute Inc is established with a mission to engage in charitable and educational activities, falling under Section 501(c)(3) of the Internal Revenue Code. This nonprofit organization focuses on conducting retreats specifically designed for Roman Catholic Priests, contributing to their education and personal growth. The Institute's activities aim to enrich the spiritual and professional lives of these priests, ultimately contributing to the broader Roman Catholic community.
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Impact
July, 2024
Pope Leo XIII Institute Inc's impact is significant in providing retreats for educating Roman Catholic priests in Mundelein, IL. The institute plays a crucial role in supporting the spiritual and professional development of clergy members, thereby contributing to the strength and effectiveness of the Catholic Church. Through its charitable and educational activities, Pope Leo XIII Institute Inc positively influences the lives of priests and, by extension, the wider Catholic community.
This information is meant to be a general summary of Pope Leo Xiii Institute 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.
- Program Service Revenue: $382,465
- Gross Receipts: $461,108
Assets and Liabilities:
- Total Assets: $715,342
- Total Liabilities: $95,200
- Net Assets: $620,142
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TEACHINGSROMAN CATHOLI
Revenue
$382,465
Organization Details
Founding Year
2014
Principal Officer
Fr James Mattaliano
Main Address
1000 E Maple Ave STE 201P, Mundelein, IL, 60060
NTEE Category
Code: X22 - Religion related
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