Overview
What is Trinity Lutheran Foundation Of Lexington Ne?
Trinity Lutheran Foundation of Lexington Ne is a nonprofit organization that is dedicated to supporting the ministry of Trinity Lutheran Church. They achieve this by providing essential resources such as staff assistance, necessary equipment, and direct financial aid for religious activities. Furthermore, the foundation extends its aid to church members pursuing higher education by offering scholarships for their college and university studies. Their mission is to enrich and strengthen the religious activities and educational prospects of the Trinity Lutheran Church community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, Two-Star out of Four Star rating
Trinity Lutheran Foundation Of Lexington, NE has received a 73% rating from Charity Navigator, indicating a Two-Star status. This score is derived solely from the Accountability & Finance beacon, highlighting the organization’s commitment to transparency and responsible financial practices. The high scores reflect strong governance, with all board members being independent, and a solid liability to assets ratio of 0.00%.
The foundation excels in several key areas, such as maintaining independent oversight with a board composed entirely of independent members and ensuring no diversion of assets. Additionally, they document board meeting minutes, which further enhances their accountability measures. Their program expense ratio is also impressive, with 86.04% of expenses directed towards programs, demonstrating a focus on mission-related activities.
However, the overall Two-Star rating suggests that while the organization performs well in accountability, there may be areas in program effectiveness or community impact that require further evaluation. The absence of additional beacons may limit the comprehensive assessment of their overall effectiveness in fulfilling their mission.
This AI summary has been generated from information found on Charity Navigator.
Is Trinity Lutheran Foundation Of Lexington Ne legitimate?
Trinity Lutheran Foundation Of Lexington Ne is a legitimate nonprofit organization registered as a 501(c)(3) entity. Trinity Lutheran Foundation Of Lexington Ne 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.
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What is the mission statement of Trinity Lutheran Foundation Of Lexington Ne?
The Trinity Lutheran Foundation of Lexington Ne is dedicated to supporting the ministry of Trinity Lutheran Church. This is accomplished by providing essential resources such as staff assistance, necessary equipment, and direct grants for religious activities. Furthermore, the foundation extends its aid to members of the church by offering scholarships for their higher education pursuits at colleges and universities.
Who is the CEO of Trinity Lutheran Foundation Of Lexington Ne?
Don Batie is the Director of Trinity Lutheran Foundation Of Lexington Ne.
What is the revenue of Trinity Lutheran Foundation Of Lexington Ne?
Trinity Lutheran Foundation Of Lexington Ne's revenue in 2022 was $57,568.
Who are the executives of Trinity Lutheran Foundation Of Lexington Ne and what are their salaries?
Here are 8 key members and their salaries:
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Where can I find the form 990 for Trinity Lutheran Foundation Of Lexington Ne?
Trinity Lutheran Foundation Of Lexington Ne's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Trinity Lutheran Foundation Of Lexington Ne
Trinity Lutheran Foundation of Lexington Ne plays a significant role in supporting the ministry of Trinity Lutheran Church. Its mission is threefold: providing staff assistance, offering equipment, and granting funds for religious activities. Additionally, the foundation extends its support to members of the church by offering scholarships for their higher education pursuits at colleges and universities. By fulfilling these responsibilities, Trinity Lutheran Foundation of Lexington Ne contributes to the thriving and growth of the Trinity Lutheran Church's religious activities and the aspirations of its congregation members.
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Impact
October, 2024
Trinity Lutheran Foundation of Lexington, NE significantly enhances the community by supporting the ministry of Trinity Lutheran Church. Through the provision of staff support, essential equipment, and direct grants for religious activities, it ensures that the church can effectively carry out its mission and serve its congregation. Additionally, the foundation contributes to the educational aspirations of church members by offering scholarships for those pursuing higher education at colleges and universities. This multifaceted approach not only strengthens the church's operational capabilities but also fosters personal growth and development within the community.
This information is meant to be a general summary of Trinity Lutheran Foundation Of Lexington Ne. 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: $57,568
- Gross Receipts: $446,656
Assets and Liabilities:
- Total Assets: $1,105,215
- Total Liabilities: $0
- Net Assets: $1,105,215
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Organization Details
Founding Year
1982
Phone
(308) 324-4341Principal Officer
Don Batie
Main Address
PO BOX L, LEXINGTON, NE, 68850
NTEE Category
Code: P20I - Human services
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