Overview
What is Mexican Indian Training Center Inc?
Mexican Indian Training Center Inc, a nonprofit organization based in Shreveport, Louisiana, focuses on offering spiritual education to young Mexican men and women. The organization, with a team of three dedicated individuals, funds a Bible seminary, providing tuition, room and board, books, medical, and dental care at no cost to the students. The goal is to prepare these individuals to become pastors, ministers, and worship leaders, ultimately spreading the gospel throughout Mexico. The center's mission is deeply rooted in community development and spiritual growth, offering a comprehensive and supportive environment for its students.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82%, Three-Star out of Four Star rating.
The Mexican Indian Training Center Inc has received a solid Three-Star rating from Charity Navigator, reflecting an overall score of 82%. This rating is primarily based on its Accountability & Finance metrics, indicating that the organization demonstrates a high level of financial transparency and responsible governance. A significant strength is its composition of an independent board, with all members being independent and actively involved in oversight.
Financially, the organization shows strong metrics, such as a low liabilities-to-assets ratio of 0.25% and a program expense ratio of 95.42%, which suggests that a large majority of its expenses directly support its programs rather than administrative costs. Additionally, the charity maintains good practices by documenting board meeting minutes and has a clean record with no material diversion of assets noted.
While the overall rating is positive, potential donors should consider that the score is based solely on Accountability & Finance. There may be other areas such as impact and outcomes that are not captured in this rating, which could provide a more comprehensive view of the organization's effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Mexican Indian Training Center Inc legitimate?
Mexican Indian Training Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mexican Indian Training Center 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: $46,380
Professional Fundraising Fees: $0
Other Salaries and Wages: $15,000
For more financial information, click here
What is the mission statement of Mexican Indian Training Center Inc?
The Mexican Indian Training Center Inc is dedicated to educating and preparing young Mexican men and women, free of charge, to become pastors, ministers, and worship leaders. Their ultimate goal is to spread the gospel throughout Mexico. The center provides not only their students' education but also covers room and board, books, medical, and dental care. The revenue for this Bible seminary comes from donors in the USA.
Who is the CEO of Mexican Indian Training Center Inc?
David Bryant is the Executive Director of Mexican Indian Training Center Inc.
What is the revenue of Mexican Indian Training Center Inc?
Mexican Indian Training Center Inc's revenue in 2022 was $633,625.
Who are the executives of Mexican Indian Training Center Inc and what are their salaries?
The average compensation at Mexican Indian Training Center Inc during 2022 was $20,460. There are 3 employees and 500 volunteers at Mexican Indian Training Center Inc.
Here are 5 key members and their salaries:
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- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990 for Mexican Indian Training Center Inc?
Mexican Indian Training Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Mexican Indian Training Center Inc
Mexican Indian Training Center (MITC) is a nonprofit organization dedicated to educating and preparing young Mexican men and women to become pastors, ministers, and worship leaders. This is done with the ultimate goal of spreading the gospel throughout Mexico. The center provides its students with education, room and board, books, as well as medical and dental care, all completely free of charge. The funding for this Bible seminary comes from donors in the United States. MITC's mission is to invest in the future of Mexican ministry by offering a comprehensive, tuition-free education to those who desire a career in the religious field. The organization aims to equip these individuals with the knowledge and skills necessary to effectively spread the gospel and serve their communities in Mexico.
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Impact
July, 2024
The Mexican Indian Training Center Inc is making a significant impact by educating and preparing young Mexican men and women to become pastors, ministers, and worship leaders. By providing free education, room and board, books, as well as medical and dental care, the center is enabling individuals to pursue a career in the ministry without financial barriers. Through this support, the center is empowering these students to spread the gospel throughout Mexico, contributing to the growth and strengthening of religious communities. The center's efforts are crucial in nurturing future leaders and promoting spiritual development in Mexico.
This information is meant to be a general summary of Mexican Indian Training Center 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: $1,360
- Gross Receipts: $633,625
Assets and Liabilities:
- Total Assets: $785,147
- Total Liabilities: $1,731
- Net Assets: $783,416
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Organization Details
Founding Year
1956
Principal Officer
David Bryant
Main Address
2020 EAST 70TH STREET STE 304, SHREVEPORT, LA, 71105
NTEE Category
Code: Q300 - International
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