Overview
What is Lydia Patterson Institute?
The Lydia Patterson Institute (LPI) is a nonprofit, privately funded high school situated in El Paso, Texas. Its primary focus is on offering educational opportunities to Spanish-speaking students primarily hailing from Juarez, enabling them to pursue further studies at a university level. Established with a mission aligning with the United Methodist Church's Christian beliefs, LPI also serves as a learning center for local church leaders, providing them with training and nurturing their leadership skills. The institution strives to deliver high-quality bilingual, cross-cultural academic education, fostering an environment that promotes Christian witness and ministry.
Official website here: www.lydiapattersoninstitute.org
What are the reviews and ratings of this charity?
85% rating from Charity Navigator.
Lydia Patterson Institute has achieved a Three-Star out of Four Star rating primarily due to its solid performance in accountability and finance metrics. The organization's overall score reflects strong governance, with 100% independent board members and a comprehensive conflict of interest policy in place, highlighting transparency in operations. The charity's fiscal health is evident through its low liabilities-to-assets ratio and a commendable program expense ratio, indicating effective use of funds towards its mission.
The absence of material diversion of assets and the presence of key policies like whistleblower and document retention further enhance the organization's credibility. However, while the score is positive, the rating is derived from a single beacon score, suggesting that further evaluation in other areas may provide a more comprehensive view of the organization's effectiveness and impact. Overall, Lydia Patterson Institute demonstrates a commitment to financial responsibility and accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Lydia Patterson Institute legitimate?
Lydia Patterson Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lydia Patterson Institute 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: $185,121
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,314,256
For more financial information, click here
Official website here: www.lydiapattersoninstitute.org
What is the mission statement of Lydia Patterson Institute?
The Lydia Patterson Institute's mission is centered around representing the Christian faith as understood within the United Methodist Church. It aims to provide high-quality, bilingual, and cross-cultural academic education. Furthermore, the institution serves as a center where local church leaders, both clergy and lay, can receive training and develop leadership skills, focusing on effective Christian witness and ministry. The primary objective is to equip these leaders with the necessary skills to carry out their roles effectively.
Official website here: www.lydiapattersoninstitute.org
Who is the CEO of Lydia Patterson Institute?
Carmen Perez is the Trustee of Lydia Patterson Institute.
Official website here: www.lydiapattersoninstitute.org
What is the revenue of Lydia Patterson Institute?
Lydia Patterson Institute's revenue in 2022 was $3,950,774.
Official website here: www.lydiapattersoninstitute.org
Who are the executives of Lydia Patterson Institute and what are their salaries?
The average compensation at Lydia Patterson Institute during 2022 was $31,902. There are 47 employees and 46 volunteers at Lydia Patterson Institute.
Here are 33 key members and their salaries:
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Official website here: www.lydiapattersoninstitute.org
Where can I find the form 990 for Lydia Patterson Institute?
Lydia Patterson Institute's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lydiapattersoninstitute.org
Learn more at the official website: www.lydiapattersoninstitute.org
Mission Statement of Lydia Patterson Institute
Lydia Patterson Institute, a nonprofit organization, is dedicated to representing the Christian faith as understood by the United Methodist Church. Its primary mission is to provide high-quality, bilingual, and cross-cultural academic education. Beyond this, the institute serves as a hub where local church leaders, both clergy and lay, can receive training, gain experience in Christian witness and ministry, and develop their leadership skills. This comprehensive approach aims to equip these leaders with the tools necessary to effectively serve their communities and spread the teachings of their faith.
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Impact
July, 2024
Lydia Patterson Institute's impact can be seen in its dedication to providing quality bilingual, cross-cultural academic education to Spanish-speaking students, primarily from Juarez. By offering these students the opportunity to receive an education in the United States and eventually attend a university, LPI is empowering them to pursue higher education and achieve their academic goals. Additionally, by training local church leaders in witness and ministry, as well as developing leadership skills, the institute is contributing to the growth and development of individuals who will positively impact their communities. Through its mission to represent the Christian faith as understood by the United Methodist Church, Lydia Patterson Institute is making a significant impact in the lives of students and church leaders in El Paso, Texas.
This information is meant to be a general summary of Lydia Patterson Institute. 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: $84,876
- Program Service Revenue: $1,491,276
- Gross Receipts: $3,951,452
Assets and Liabilities:
- Total Assets: $11,374,266
- Total Liabilities: $1,642,171
- Net Assets: $9,732,095
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Food service income
Revenue
$170,485
Tuition and fees
Revenue
$1,320,791
Organization Details
Founding Year
1950
Phone
(915) 533-8286Principal Officer
Carmen Perez
Main Address
PO Box 11, El Paso, TX, 79940
NTEE Category
Code: B250 - Education
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