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Lucent Education Association

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 473441699 ✦ Ennis, TX ✦ Designated as a 501(c)(3)

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Overview

What is Lucent Education Association?

Lucent Education Association is a nonprofit organization that provides affordable theological education online, with a focus on the United States. They have seen significant growth in their enrollment numbers, with 546 new students in 2022, 624 in 2020, and 880 in 2021. This global reach extends to 72 countries in 2022, and previously to 117 countries in both 2020 and 2021. The organization's mission is to make quality education accessible, thereby contributing to theological knowledge worldwide.

Is Lucent Education Association legitimate?

Lucent Education Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lucent Education Association submitted a form 990EZ, 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.

What is the mission statement of Lucent Education Association?

The Lucent Education Association, a non-profit organization, is dedicated to providing affordable theological education through online courses. It has seen a steady increase in enrollments, with 546 new students joining in 2022, reaching 72 countries. Previous years have seen similar growth, with 624 enrollments in 2020 and 880 in 2021, reaching the same 117 countries. The association's primary goal is to make high-quality education accessible, focusing on theological studies.

Who is the CEO of Lucent Education Association?

Matheus Teles Oliveira is the Vice President of Lucent Education Association. The CEO's salary of Lucent Education Association is $65,000 and their total compensation is $65,000.

What is the revenue of Lucent Education Association?

Lucent Education Association's revenue in 2022 was $137,399.

Who are the executives of Lucent Education Association and what are their salaries?


Here are 3 key members and their salaries (Lucent Education Association's CEO's salary is $65,000 and their total compensation is $65,000):


Carlos Oliveira (President & Ceo)
  • Compensation: $65,000
  • Related: $0
  • Other: $0
Selma Oliveira (Secretary)
  • Compensation: $20,000
  • Related: $0
  • Other: $0
Matheus Teles Oliveira (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Lucent Education Association?

Lucent Education Association's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Lucent Education Association

Lucent Education Association, a non-profit organization, is dedicated to providing affordable theological education through US-based online courses. With a mission to make education accessible, the association saw an increase in enrollments over the years. In 2020, 624 individuals from 117 countries joined the program. This number grew in 2021, reaching 880 students from the same 117 countries. In 2022, the trend continued, with 546 new enrollments. This indicates a growing interest in Lucent Education Association's offerings, spanning across various parts of the world. The association's commitment to offering affordable theological education has enabled individuals from diverse backgrounds to pursue their interests in this field.

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Impact




October, 2024

Lucent Education Association has significantly broadened access to theological education worldwide, with its online courses reaching individuals across 72 countries in 2022 alone. The institution's commitment to providing affordable US-based education has facilitated a steady increase in enrollments: from 624 in 2020, maintaining a global reach to 117 countries, to 880 in 2021, and then to 546 new enrollments in 2022. This upward trajectory highlights the organization's effectiveness in meeting the educational needs of diverse communities, empowering students with theological knowledge and fostering a more educated populace in spiritual and religious matters. By offering flexible and accessible learning opportunities, Lucent Education Association plays a pivotal role in shaping the future of theological education on a global scale.




This information is meant to be a general summary of Lucent Education Association. 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.

Revenue
$137,399 (2022)
2019202020212022$0$40,000$80,000$120k$160k
Expenses
$234,111 (2022)
2019202020212022$0$60,000$120k$180k$240k
Efficiency
20192020202120220%0.2%0.4%0.6%0.8%1%

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $108,382
  • Gross Receipts: $137,399

Assets and Liabilities:

  • Total Assets: $89,410
  • Total Liabilities: $307,556
  • Net Assets: -$218,146

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Organization Details

Principal Officer

Matheus Teles Oliveira

Main Address

1200 COUNTRY CLUB RD 201, ENNIS, TX, 75119

NTEE Category

Code: B40 - Education

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