Overview
What is Universal Living Rosary Association?
The Universal Living Rosary Association is a nonprofit organization, headquartered in Dickinson, Texas. Their primary mission is to support Catholic churches, clergy, and missionaries worldwide. They achieve this by shipping religious literature, publications, tracts, and Catholic religious items. The association also provides financial aid and mass stipends to Catholic priests and lay persons. The organization holds a special significance for daily Rosary prayer and devotion to Saint Philomena. With approximately 10 employees, the Universal Living Rosary Association works tirelessly to spread the Catholic faith and offer essential support to its clergy and lay followers globally.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 50%, One-Star out of Four Stars
The Universal Living Rosary Association has received a low rating of 50%, indicating significant concerns regarding its accountability and financial practices. Notably, the organization has no independent board members and has not provided any financial statements, which raises questions about transparency and governance. The lack of key policies, such as conflict of interest and whistleblower policies, further underscores potential governance issues.
Despite these shortcomings, the organization demonstrates a high program expense ratio of 99.16%, suggesting that almost all of its budget is directed toward its mission-related activities. This focus on program spending indicates a commitment to fulfilling its charitable purpose, although the absence of independent oversight and reporting may hinder its long-term effectiveness and trustworthiness.
Overall, while the Universal Living Rosary Association appears to dedicate its resources to its programs, the glaring lack of transparency and independent governance structures significantly limits its accountability to donors and the general public. Prospective supporters should carefully consider these factors before contributing.
This AI summary has been generated from information found on Charity Navigator.
Is Universal Living Rosary Association legitimate?
Universal Living Rosary Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Universal Living Rosary Association 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $199,862
For more financial information, click here
What is the mission statement of Universal Living Rosary Association?
The Universal Living Rosary Association's mission is centered around providing religious articles, rosaries, literature, and other items to Catholic missions and churches worldwide. They also offer financial support and mass stipends to Catholic clergy and lay persons globally. The association holds significant importance for daily rosary prayers and devotion to Saint Philomena. They ship religious literature, publications, tracts, and Catholic religious items to churches, clergy, and missionaries around the world, providing both material support and monetary aid to Catholic priests and lay persons.
Who is the CEO of Universal Living Rosary Association?
Patty Melvin is the President of Universal Living Rosary Association.
What is the revenue of Universal Living Rosary Association?
Universal Living Rosary Association's revenue in 2022 was $1,202,940.
Who are the executives of Universal Living Rosary Association and what are their salaries?
The average compensation at Universal Living Rosary Association during 2022 was $19,986. There are 10 employees at Universal Living Rosary Association.
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Universal Living Rosary Association?
Universal Living Rosary Association's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Universal Living Rosary Association
The Universal Living Rosary Association is dedicated to a noble cause, focusing on providing religious articles, rosaries, literature, and various items to Catholic missions and churches worldwide. Beyond material support, this association also extends financial aid and mass stipends to Catholic clergy and lay persons across the globe. The organization places significant importance on daily rosary prayers and devotion to Saint Philomena, reflecting its deep-rooted religious values. Through its efforts, religious literature, publications, tracts, and Catholic religious items are shipped to Catholic churches, clergy, and missionaries worldwide, contributing to their spiritual growth and service. The Universal Living Rosary Association significantly supports Catholic priests and lay persons financially, enabling them to carry out their religious duties more effectively.
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Impact
July, 2024
The Universal Living Rosary Association's impact is far-reaching and significant. They provide religious articles, rosaries, literature, and other items to Catholic missions and churches worldwide. By offering financial support and mass stipends to Catholic clergy and lay persons around the globe, they help sustain and strengthen the spiritual community. The Association's focus on the daily praying of the Rosary and devotion to St. Philomena underscores their commitment to fostering a deep and meaningful religious practice among believers. Their efforts have touched the lives of many individuals and communities, enriching their spiritual journeys and supporting their faith initiatives.
This information is meant to be a general summary of Universal Living Rosary 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $1,202,940
Assets and Liabilities:
- Total Assets: $711,847
- Total Liabilities: $28
- Net Assets: $711,819
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Organization Details
Founding Year
1994
Phone
(281) 309-9821Principal Officer
Patty Melvin
Main Address
PO BOX 1303, DICKINSON, TX, 77539
NTEE Category
Code: X21M - Religion related
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