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Burning And Shining Lamp Ministries

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

EIN: 611462545 ✦ Lewisville, TX ✦ Designated as a 501(c)(3)

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Overview

What is Burning And Shining Lamp Ministries?

Burning And Shining Lamp Ministries is a nonprofit organization, specifically based in Lewisville, Texas, with a focus on traveling and delivering ministry services both domestically and internationally. Their primary goal is to educate and guide Christians in the practice of prayer, with an aim to alleviate suffering among the impoverished communities in the Midwest United States. This is achieved through compassionate ministry and instruction in fasting. The organization operates with a small team of two dedicated individuals.


Official website here: www.coreyrussell.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 54% (One-Star out of Four Stars)

Burning And Shining Lamp Ministries has received a rating of 54%, which indicates significant concerns regarding its accountability and financial practices. The organization demonstrates a notable strength in its program expense ratio, allocating 81.13% of its finances towards program expenses, which is commendable. However, the overall low score reflects a serious lack of independent board members and missing essential policies, such as conflict of interest and whistleblower protections.

One critical issue is the absence of independent board members, which raises questions about governance and oversight. The organization also has not provided financial statements or posted its tax form on its website, further impeding transparency. While there are no reported diversions of assets, the lack of proper financial documentation and policies limits trust in its operational integrity.

Overall, while Burning And Shining Lamp Ministries is actively directing a substantial portion of its funds to its programs, it must address its governance and transparency issues to improve its rating and build donor confidence.


This AI summary has been generated from information found on Charity Navigator.

Is Burning And Shining Lamp Ministries legitimate?

Burning And Shining Lamp Ministries is a legitimate nonprofit organization registered as a 501(c)(3) entity. Burning And Shining Lamp Ministries 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: $178,215
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.coreyrussell.org

What is the mission statement of Burning And Shining Lamp Ministries?

Burning And Shining Lamp Ministries is committed to teaching Christians about the importance of prayer and fasting as a means to aid the less fortunate, particularly in the Midwest United States. Their mission is focused on alleviating suffering among the poor through this spiritual practice. The organization engages in various activities, including traveling to instruct Christians and engaging in compassionate ministry, both domestically and internationally. Their expenses are primarily directed towards these endeavors.


Official website here: www.coreyrussell.org

Who is the CEO of Burning And Shining Lamp Ministries?

Corey Russell is the Presidenttreasurer of Burning And Shining Lamp Ministries.


Official website here: www.coreyrussell.org

What is the revenue of Burning And Shining Lamp Ministries?

Burning And Shining Lamp Ministries's revenue in 2022 was $667,454.


Official website here: www.coreyrussell.org

Who are the executives of Burning And Shining Lamp Ministries and what are their salaries?

The average compensation at Burning And Shining Lamp Ministries during 2022 was $89,108. There are 2 employees at Burning And Shining Lamp Ministries.


Here are 2 key members and their salaries:


Corey Russell (Presidenttreasurer)
  • Compensation: $146,000
  • Related: $0
  • Other: $0
Dana Russell (Vice Presidentsecretary)
  • Compensation: $32,214
  • Related: $0
  • Other: $0


Official website here: www.coreyrussell.org

Where can I find the form 990 for Burning And Shining Lamp Ministries?

Burning And Shining Lamp Ministries's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.coreyrussell.org

Learn more at the official website: www.coreyrussell.org

Mission Statement of Burning And Shining Lamp Ministries

Burning And Shining Lamp Ministries is dedicated to educating Christians on the practices of prayer and fasting as a means to address poverty in the Midwest United States. The organization's mission is to instruct its followers in these spiritual disciplines, aiming to alleviate suffering among the less fortunate in this region. Through its ministry, Burning And Shining Lamp Ministries engages in both domestic and international compassionate work, utilizing the teachings of prayer and fasting as tools for change. The organization's activities involve traveling and conducting sessions, instructing Christians on these practices. The ultimate goal is to mobilize a community of individuals who can make a positive impact on the lives of the poor, both within the United States and abroad.

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Impact




July, 2024

Burning and Shining Lamp Ministries is impacting the community by instructing Christians in aspects of prayer and fasting to alleviate suffering among the poor in the Midwest United States. Through their traveling ministry, they are engaging in compassion ministry both locally and abroad, spreading the message of prayer and helping those in need. This organization's focus on prayer and compassion is making a positive difference in the lives of the less fortunate in the Midwest.




This information is meant to be a general summary of Burning And Shining Lamp Ministries. 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
$667,454 (2022)
Expenses
$426,227 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $769,567

Assets and Liabilities:

  • Total Assets: $669,217
  • Total Liabilities: $3,417
  • Net Assets: $665,800

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Organization Details

Founding Year

2004

Principal Officer

Corey Russell

Main Address

1107 Twilight Drive, Lewisville, TX, 75056

NTEE Category

Code: X90 - Religion related

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