Lustre Bible Academy Society

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

EIN: 810262671 ✦ Frazer, MT ✦ Designated as a 501(c)(3)

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Overview

What is Lustre Bible Academy Society?

Lustre Bible Academy Society is a nonprofit organization situated in Frazer, Montana, devoted to providing a comprehensive Christian high school education. Their primary objective is to instill strong Christian values, maintain high educational standards, and foster a well-balanced curriculum of student activities. The society operates a private high school program, offering an academic environment that seamlessly integrates faith and learning. The society's mission aims to nurture students in a holistic manner, focusing not just on intellectual growth but also on personal development and character building.


Official website here: www.lustrechristian.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 69%)

Lustre Bible Academy Society has received a Two-Star rating from Charity Navigator, which indicates that while the organization meets some standards, there are significant areas needing improvement. With an overall score of 69%, the nonprofit excels in certain aspects like having a fully independent board and a strong program expense ratio of 98.60%, suggesting that most of its resources are directed toward its mission.

However, the organization faces critical gaps in accountability and financial transparency. The lack of financial statements and missing policies such as conflict of interest and whistleblower protections have contributed to its lower rating. Additionally, while the nonprofit has documented board meeting minutes, it does not post its tax forms on its website, which further undermines transparency.

Overall, Lustre Bible Academy Society demonstrates a commitment to its programs but must address its governance and financial practices to improve its standing and build trust with stakeholders. Addressing the noted deficiencies could enhance its accountability and sustainability in the long run.


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

Is Lustre Bible Academy Society legitimate?

Lustre Bible Academy Society is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lustre Bible Academy Society 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: $286,820

For more financial information, click here


Official website here: www.lustrechristian.org

What is the mission statement of Lustre Bible Academy Society?

The Lustre Bible Academy Society's mission is centered around providing a top-notch Christian education. This mission is underpinned by an emphasis on strong Christian values, maintaining high academic standards, and fostering a well-balanced environment for student activities. The society's educational program is designed to cater to high school students, promoting a blend of spiritual and intellectual growth.


Official website here: www.lustrechristian.org

Who is the CEO of Lustre Bible Academy Society?

Lynn Unrau is the Director of Lustre Bible Academy Society.


Official website here: www.lustrechristian.org

What is the revenue of Lustre Bible Academy Society?

Lustre Bible Academy Society's revenue in 2023 was $795,647.


Official website here: www.lustrechristian.org

Who are the executives of Lustre Bible Academy Society and what are their salaries?


Here are 8 key members and their salaries:


Curt Neufeld (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Reddig (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jared Holzrichter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelly Toavs (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randy Reddig (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dawson Olfert (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Blaine Hoversland (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lynn Unrau (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.lustrechristian.org

Where can I find the form 990 for Lustre Bible Academy Society?

Lustre Bible Academy Society's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.lustrechristian.org

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

Mission Statement of Lustre Bible Academy Society

Lustre Bible Academy Society is dedicated to providing a top-notch Christian education. Their mission is multifaceted, encompassing the reinforcement of strong Christian values, the maintenance of high academic standards, and the promotion of well-rounded student activities. This nonprofit organization aims to instill these principles in its students, offering a comprehensive high school program that goes beyond academics. By doing so, Lustre Bible Academy Society seeks to cultivate individuals who are not only intellectually proficient but also grounded in their faith.

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Impact




July, 2024

Lustre Bible Academy Society's impact lies in providing a quality Christian education that emphasizes strong Christian values, high educational standards, and well-balanced student activities. Through its Christian high school program, located in Frazer, MT, the society is dedicated to nurturing students academically, spiritually, and personally. By instilling these values and standards, Lustre Bible Academy Society positively shapes the lives of its students, preparing them to become well-rounded individuals who are equipped to make a difference in their communities and the world at large.




This information is meant to be a general summary of Lustre Bible Academy Society. 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
$795,647 (2023)
Expenses
$716,049 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $5,052
  • Program Service Revenue: $382,108
  • Gross Receipts: $803,312

Assets and Liabilities:

  • Total Assets: $1,104,570
  • Total Liabilities: $11,872
  • Net Assets: $1,092,698

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

TUITION & DORM

Revenue

$327,859

MISCELLANEOUS

Revenue

$33,739

EXTRACURRICULAR ACTIVI

Revenue

$20,510

Organization Details

Founding Year

1931

Principal Officer

Lynn Unrau

Main Address

294 LUSTRE ROAD, FRAZER, MT, 59225

NTEE Category

Code: B25 - Education

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