Overview
What is Lumen Vitae Inc?
Lumen Vitae Inc is a modest-sized, Christian-based nonprofit organization situated in Boynton Beach, Florida. With a focus on charity, they primarily cater to underprivileged children and youth in Haiti, providing them with educational support and formation. Their flagship initiative, titled the Child Sponsorship Program, currently benefits 575 students, ensuring their access to education that might otherwise be unattainable. Lumen Vitae's mission is to uplift these children and young individuals through education and moral growth, contributing to their overall development and betterment.
Official website here: www.lumenvitae.us
What are the reviews and ratings of this charity?
Charity Navigator Rating: 91%, Four-Star out of Four Star rating.
Lumen Vitae Inc has achieved a strong rating of 91% from Charity Navigator, indicating a high level of accountability and financial health. With an impressive score of 92 for Accountability & Finance, the organization demonstrates robust financial management, including a 96.62% program expense ratio, which signifies that the majority of its resources are allocated toward its mission. The organization also boasts a fully independent board, a key factor that enhances its governance and oversight.
The charity scores well in Leadership & Adaptability, with a perfect score of 100, highlighting its commitment to developing its leadership team and effectively adapting to challenges, such as those posed by the COVID-19 pandemic. Additionally, Lumen Vitae Inc maintains strong community and culture scores, reflecting its positive environment and engagement with stakeholders, although this area is slightly lower at 82%.
Overall, Lumen Vitae Inc demonstrates a commitment to transparency and responsible management, crucial for donor confidence. The absence of any material diversion of assets and the establishment of clear policies, such as a whistleblower policy and document retention procedures, further enhance its credibility. However, while the organization excels in many areas, ongoing efforts to strengthen its culture and community engagement may provide opportunities for growth and improvement.
This AI summary has been generated from information found on Charity Navigator.
Is Lumen Vitae Inc legitimate?
Lumen Vitae Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lumen Vitae 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: $110,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.lumenvitae.us
What is the mission statement of Lumen Vitae Inc?
Lumen Vitae Inc, as a Christian charitable organization, is dedicated to providing education and formation to children and youth in impoverished conditions. Their mission is to support these individuals, primarily from marginalized communities in Haiti, enabling them to continue their education when they might otherwise lack the means. Currently, Lumen Vitae is sponsoring the education of 575 such students through its Child Sponsorship Program. This initiative aims to empower these young individuals, thereby contributing to their overall development and better future prospects.
Official website here: www.lumenvitae.us
Who is the CEO of Lumen Vitae Inc?
Bijo Thomas is the President of Lumen Vitae Inc.
Official website here: www.lumenvitae.us
What is the revenue of Lumen Vitae Inc?
Lumen Vitae Inc's revenue in 2022 was $556,923.
Official website here: www.lumenvitae.us
Who are the executives of Lumen Vitae Inc and what are their salaries?
The average compensation at Lumen Vitae Inc during 2022 was $110,000. There is 1 employee and 10 volunteers at Lumen Vitae Inc.
Here are 7 key members and their salaries:
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- Compensation: $60,000
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- Other: $0
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- Other: $0
Official website here: www.lumenvitae.us
Where can I find the form 990 for Lumen Vitae Inc?
Lumen Vitae Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lumenvitae.us
Learn more at the official website: www.lumenvitae.us
Mission Statement of Lumen Vitae Inc
Lumen Vitae Inc, a Christian charitable organization, is dedicated to supporting children and youth living in impoverished conditions. Its mission is centered around providing education and formation for these young individuals, enabling them to overcome their circumstances. Through its Child Sponsorship Program, Lumen Vitae currently assists 575 students from some of the most marginalized communities in Haiti. Without this initiative, these children would have limited opportunities to receive an education. By supporting Lumen Vitae's mission, these children are provided with the essential tools they need to build a better future for themselves.
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Impact
July, 2024
Lumen Vitae Inc's impact can be seen in the lives of 575 children from marginalized communities in Haiti who are being supported through its Child Sponsorship Program. By providing education and formation to these children, Lumen Vitae is empowering them with the tools they need to build a better future for themselves and their communities. The organization's dedication to supporting children and youth in impoverished conditions is making a tangible difference in the lives of those who would otherwise have little means to receive an education.
This information is meant to be a general summary of Lumen Vitae 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.
- Program Service Revenue: $556,923
- Gross Receipts: $556,923
Assets and Liabilities:
- Total Assets: $343,432
- Total Liabilities: $0
- Net Assets: $343,432
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Child Sponsorship Program
Revenue
$517,498
Covid-19 Program
Learing Center
Revenue
$30,460
Meal Program
Revenue
$1,640
University Scholarship
Revenue
$7,325
Organization Details
Founding Year
2017
Phone
(914) 648-8368Principal Officer
Bijo Thomas
Main Address
8748 BAYSTONE COVE, BOYNTON BEACH, FL, 33473
Website
www.lumenvitae.usNTEE Category
Code: Q33 - International
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