Overview
What is Heralds Of Good News Of St Paul Inc?
Heralds Of Good News Of St Paul Inc is a compassionate nonprofit organization based in Alice, Texas. Their primary focus is to support the missionaries working in third world countries and contribute to the education of seminarian and priest students. This assistance encompasses various aspects, ensuring the missionaries have the necessary resources to fulfill their duties effectively. The organization further invests in the education of future religious leaders, providing them with the necessary tools and knowledge to serve their communities.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73% (Two-Star out of Four Star rating)
Heralds Of Good News Of St Paul Inc has received a Two-Star rating from Charity Navigator, indicating a satisfactory level of accountability and finance management. The charity's score is based entirely on its accountability metrics, with a strong emphasis on responsible financial practices.
The organization exhibits notable strengths, including a fully independent board of directors, ensuring that all ten members are independent. Additionally, it has demonstrated a strong commitment to transparency, as evidenced by the documentation of board meeting minutes and a favorable liabilities-to-assets ratio of 0.00%. The charity allocates a significant portion of its expenses to programs, with a program expense ratio of 99.25%.
However, the overall rating suggests there may be areas for improvement beyond accountability and finance metrics. While the financial practices are commendable, prospective donors may want to consider other factors such as the charity’s impact and effectiveness in achieving its mission, which are not captured in this rating.
This AI summary has been generated from information found on Charity Navigator.
Is Heralds Of Good News Of St Paul Inc legitimate?
Heralds Of Good News Of St Paul Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Heralds Of Good News Of St Paul 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Heralds Of Good News Of St Paul Inc?
Heralds Of Good News Of St Paul Inc focuses on supporting the organization's missionaries in third world countries and the education of seminarian and priest students. This is accomplished by offering assistance to missionaries working in less developed regions. Additionally, the organization is committed to the education of aspiring seminarians and priests. Their activities aim to empower these individuals, thereby contributing to the spiritual and community development in these countries.
Who is the CEO of Heralds Of Good News Of St Paul Inc?
Tomy Thomas is the Treasurer of Heralds Of Good News Of St Paul Inc.
What is the revenue of Heralds Of Good News Of St Paul Inc?
Heralds Of Good News Of St Paul Inc's revenue in 2022 was $464,951.
Who are the executives of Heralds Of Good News Of St Paul Inc and what are their salaries?
There 7 volunteers at Heralds Of Good News Of St Paul Inc.
Here are 4 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
- Compensation: $0
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- Other: $0
Where can I find the form 990 for Heralds Of Good News Of St Paul Inc?
Heralds Of Good News Of St Paul Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Heralds Of Good News Of St Paul Inc
Heralds of Good News of St. Paul Inc is committed to supporting the missionaries of various organizations in third world countries and aiding in the education of seminarian and priest students. This nonprofit organization focuses on providing assistance to missionaries working in underdeveloped nations, thereby contributing to their vital work. Additionally, Heralds of Good News of St. Paul Inc dedicates its efforts to the education of future clergy, ensuring that seminarian and priest students receive the necessary training to carry out their religious duties effectively. By supporting both missionaries and seminarian students, this organization plays a crucial role in fostering spiritual growth and development in various parts of the world.
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Impact
July, 2024
Heralds Of Good News Of St Paul Inc has a significant impact by supporting missionaries in third world countries and providing education to seminarian and priest students. Their efforts contribute to spreading religious teachings and supporting individuals in need in underprivileged regions. Through their mission, they play a crucial role in promoting faith-based activities and supporting the education of clergy members, thus positively impacting communities and individuals in need.
This information is meant to be a general summary of Heralds Of Good News Of St Paul 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.
- Gross Receipts: $464,951
Assets and Liabilities:
- Total Assets: $239,446
- Total Liabilities: $0
- Net Assets: $239,446
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Organization Details
Founding Year
2008
Principal Officer
Tomy Thomas
Main Address
1318 GUERRA ST, ALICE, TX, 78332
NTEE Category
Code: X20 - Religion related
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