Overview
What is Old Colony Mennonite Support Inc?
Old Colony Mennonite Support Inc is a small, nonprofit organization based in Nappannee, Indiana. With a sole employee, their primary mission is to support Old Colony Mennonite schools, ensuring their educational level matches that of their assisting constituency. The organization also focuses on providing sound biblical reading materials for young people, a task undertaken by members from the Amish and Old Order Mennonite church constituency. Their work is centered around enhancing the educational standards of Old Colony Mennonite schools and spreading biblical teachings to the younger generation.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 86% (Three-Star out of Four Star rating)
Old Colony Mennonite Support Inc has received a solid 86% rating from Charity Navigator, indicating a commendable level of accountability and financial health. The organization excels in key areas such as having a fully independent board and maintaining stringent oversight of its financial statements, which reflects strong governance practices.
Strengths highlighted in the rating include a high program expense ratio of nearly 90%, suggesting that the majority of the funds are directed towards its mission. The organization has also demonstrated effective financial management, with a very low liabilities-to-assets ratio, indicating stability and a low risk of financial distress.
While the organization shows robust performance metrics, it is important for potential donors to consider the overall impact and outcomes of its programs in addition to financial ratings. Keeping an eye on ongoing transparency and effectiveness will ensure that Old Colony Mennonite Support Inc continues to meet its mission effectively.
This AI summary has been generated from information found on Charity Navigator.
Is Old Colony Mennonite Support Inc legitimate?
Old Colony Mennonite Support Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Old Colony Mennonite Support 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: $35,636
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What is the mission statement of Old Colony Mennonite Support Inc?
The Old Colony Mennonite Support Inc is primarily committed to assisting Old Colony Mennonite schools in achieving an educational level commensurate with their supporting constituency. This task is undertaken by members of the Amish and Old Order Mennonite Church community. One of their key objectives is to provide young people and adults with sound biblical reading material, aiming to foster a deeper understanding of religious teachings.
Who is the CEO of Old Colony Mennonite Support Inc?
Marlon Schrock is the Director of Old Colony Mennonite Support Inc.
What is the revenue of Old Colony Mennonite Support Inc?
Old Colony Mennonite Support Inc's revenue in 2022 was $550,553.
Who are the executives of Old Colony Mennonite Support Inc and what are their salaries?
The average compensation at Old Colony Mennonite Support Inc during 2022 was $35,636. There is 1 employee and 15 volunteers at Old Colony Mennonite Support Inc.
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Where can I find the form 990 for Old Colony Mennonite Support Inc?
Old Colony Mennonite Support Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Old Colony Mennonite Support Inc
Old Colony Mennonite Support Inc is dedicated to assisting Old Colony Mennonite schools in achieving an education level equal to their constituency. This task is undertaken by members of the Amish and Old Order Mennonite church community. The organization's primary goal is to provide young people and adults with sound biblical reading material. By doing so, Old Colony Mennonite Support Inc aims to contribute positively to the religious and educational growth of its community. The organization's mission is to bridge the educational gap within its constituency and promote the dissemination of biblical knowledge.
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Impact
July, 2024
Old Colony Mennonite Support Inc has a significant impact on assisting Old Colony Mennonite schools in achieving an education level equal to the constituency supporting them. The organization focuses on providing sound Biblical reading material for young people and adults within the Amish and Old Order Mennonite Church constituency. By focusing on this mission, Old Colony Mennonite Support Inc plays a crucial role in enhancing the educational resources and spiritual growth of individuals within these communities in Nappanee, IN.
This information is meant to be a general summary of Old Colony Mennonite Support 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: $11,908
- Program Service Revenue: $83,362
- Gross Receipts: $573,683
Assets and Liabilities:
- Total Assets: $871,878
- Total Liabilities: $6,339
- Net Assets: $865,539
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TEACHER SUPPORT FEES
Revenue
$83,362
Organization Details
Founding Year
2017
Principal Officer
Marlon Schrock
Main Address
PO BOX 525, NAPPANEE, IN, 46550
NTEE Category
Code: X12 - Religion related
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