Overview
What is Logos Ministries Inc?
Logos Ministries Inc, operating under the name Covenant School, is a nonprofit organization situated in Huntington, West Virginia. With a mission to provide a uniquely Christian education, they employ the classical Trivium method and systematically apply biblical principles. Currently serving around 250 students from kindergarten to twelfth grade, their educational approach covers various subjects, fostering a faith-based learning environment. The organization's team includes 42 dedicated individuals, ensuring a supportive atmosphere for both students and staff.
What are the reviews and ratings of this charity?
Rating from Charity Navigator: One-Star out of Four Stars (52%)
Logos Ministries Inc has received a low rating of 52%, indicating significant concerns regarding its accountability and financial practices. The charity has a strong governance structure, with 100% independent board members and no documented material diversion of assets. However, critical policies and documents, such as a conflict of interest policy and a whistleblower policy, are missing, which raises transparency issues.
The organization does show a commendable program expense ratio of 79.92%, suggesting that a substantial portion of its resources is directed toward its programs. However, the high liabilities to assets ratio of 71.42% is concerning, indicating potential financial instability. The absence of a website listed on tax forms and missing documentation of important policies further detracts from its overall accountability.
Overall, while Logos Ministries Inc has strengths in governance and program spending, the lack of essential policies and high liabilities may pose risks regarding its operational effectiveness and sustainability. Prospective donors and stakeholders may want to consider these factors before engaging with the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Logos Ministries Inc legitimate?
Logos Ministries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Logos Ministries 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: $123,600
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,101,486
For more financial information, click here
What is the mission statement of Logos Ministries Inc?
Logos Ministries Inc is a non-profit organization dedicated to providing a distinctively Christian education. They achieve this goal by utilizing the classical Trivium and systematically applying biblical principles. The organization's primary objective is to educate approximately 250 students from kindergarten to twelfth grade, instilling Christian values and principles throughout their academic journey. The education provided by Logos Ministries Inc is aimed at fostering well-rounded individuals equipped with a strong moral foundation.
What is the revenue of Logos Ministries Inc?
Logos Ministries Inc's revenue in 2024 was $2,405,723.
Who are the executives of Logos Ministries Inc and what are their salaries?
The average compensation at Logos Ministries Inc during 2024 was $22,274. There are 55 employees and 35 volunteers at Logos Ministries Inc.
Here are 9 key members and their salaries:
- Compensation: $120,000
- Related: $0
- Other: $3,600
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Logos Ministries Inc?
Logos Ministries Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Logos Ministries Inc
Logos Ministries Inc is a non-profit organization that is committed to providing a distinctively Christian education. They achieve this goal by utilizing the classical Trivium and systematically applying biblical principles. Their mission is to offer an education that is deeply rooted in Christian values, allowing students to grow intellectually and spiritually. The organization currently serves approximately 250 students from kindergarten to twelfth grade, providing them with a classical Christian education that aims to shape their character and prepare them for life beyond school.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Logos Ministries Inc, through its distinctive Christian education approach based on the classical trivium and systematic application of biblical principles, is impacting approximately 250 students from kindergarten through twelfth grade in Huntington, WV. This organization is shaping young minds with a strong foundation in Christian values and education, preparing them for future success and helping them develop a deep understanding of their faith.
This information is meant to be a general summary of Logos Ministries 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 2024.
- Investment Income: $61,537
- Program Service Revenue: $2,081,920
- Gross Receipts: $2,430,746
Assets and Liabilities:
- Total Assets: $3,109,821
- Total Liabilities: $2,221,125
- Net Assets: $888,696
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$2,019,175
STUDENT ACTIVITIES
Revenue
$62,745
Organization Details
Founding Year
1994
Principal Officer
Wesley Richardson
NTEE Category
Code: B24P - Education
If you are a representative of Logos Ministries Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.