Overview
What is Lmbm Inc?
Lmbm Inc, based in Chagrin Falls, Ohio, is a nonprofit organization that serves as an extension of the church. Their mission is to apply spiritual teachings in everyday life, inspiring individuals and encouraging personal growth, fullness of life, and the value of family through faith. Lmbm Inc has a modest workforce of four individuals dedicated to this mission. They offer practical applications of faith-based teachings, aiming to inspire and restore people's lives.
Official website here: www.lmbminc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement) with an overall score of 61%. This rating reflects significant concerns regarding the nonprofit's governance and financial practices, which fall short of best practices in the sector.
The organization demonstrates strengths in areas like having a majority of independent board members and a solid program expense ratio, indicating efficient use of funds for its core mission. However, it lacks essential policies such as conflict of interest and whistleblower policies, which are critical for maintaining transparency and accountability.
Additionally, the nonprofit's liabilities to assets ratio indicates potential financial risks that may impact its sustainability. While it has some positive attributes, the absence of key governance policies and financial concerns point to areas requiring urgent improvement to build trust and effectiveness in its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Lmbm Inc legitimate?
Lmbm Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lmbm 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: $71,900
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,467
For more financial information, click here
Official website here: www.lmbminc.org
What is the mission statement of Lmbm Inc?
LMBM Inc, with a mission rooted in faith, aims to provide practical applications of hope-filled teachings. Their objective is to inspire and restore individuals, enriching their personal growth and fostering a sense of fulfillment in life. Furthermore, LMBM Inc prioritizes the value of family and seeks to restore this aspect through their ministry. By allowing God into people's daily lives, LMBM Inc aspires to inspire the world and contribute to the enrichment of growth, life, and family.
Official website here: www.lmbminc.org
Who is the CEO of Lmbm Inc?
Gregory Wasinski is the Executive Di of Lmbm Inc.
Official website here: www.lmbminc.org
What is the revenue of Lmbm Inc?
Lmbm Inc's revenue in 2022 was $116,732.
Official website here: www.lmbminc.org
Who are the executives of Lmbm Inc and what are their salaries?
The average compensation at Lmbm Inc during 2022 was $18,842. There are 4 employees at Lmbm Inc.
Here are 3 key members and their salaries:
- Compensation: $36,000
- Related: $0
- Other: $0
- Compensation: $30,400
- Related: $0
- Other: $0
- Compensation: $5,500
- Related: $0
- Other: $0
Official website here: www.lmbminc.org
Where can I find the form 990 for Lmbm Inc?
Lmbm Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lmbminc.org
Learn more at the official website: www.lmbminc.org
Mission Statement of Lmbm Inc
LET Me Be Ministries Inc (LMBM Inc) is committed to offering practical applications of teachings in the message of hope through faith. Their mission is to inspire and restore all people, encouraging a fullness of life and restoring the value of family through God. By allowing God to be a part of individuals' daily lives, LMBM Inc aims to inspire the world with enrichment in personal growth, life, and family. This nonprofit serves as an extension of the church, offering practical teachings and inspiring others to live fulfilling lives.
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Impact
October, 2024
Lmbm Inc has a significant impact by embodying a mission that promotes personal growth, hope, and family restoration through faith-based teachings. By integrating spiritual principles into daily lives, Lmbm Inc inspires individuals to embrace a fuller, more enriched life. This organization acts as an extension of the church, creating a supportive environment where people can find encouragement and practical applications of their beliefs.
The initiatives and programs offered by Lmbm Inc focus on restoring the value of family and enhancing personal development, positively influencing the community in Chagrin Falls, OH, and beyond. Through its emphasis on spiritual guidance and community engagement, Lmbm Inc plays a vital role in uplifting individuals, fostering stronger familial bonds, and promoting a sense of belonging and purpose. The message of hope and the commitment to enriching lives through faith resonate deeply, creating a transformative impact on those it serves.
This information is meant to be a general summary of Lmbm 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: $2,128
- Program Service Revenue: $14,162
- Gross Receipts: $119,285
Assets and Liabilities:
- Total Assets: $974,598
- Total Liabilities: $1,155,667
- Net Assets: -$181,069
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Organization Details
Phone
(833) 538-6323Principal Officer
Gregory Wasinski
Main Address
8584 B EAST WASHINGTON ST SUITE 108, CHAGRIN FALLS, OH, 44023
Website
www.lmbminc.orgNTEE Category
Code: X90 - Religion related
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