Overview
What is Ltt Retreat And Education Center?
Ltt Retreat and Education Center is a nonprofit organization located at 20303 Kermier Rd, Waller, TX 77484. Its main objective is to offer retreats and meetings for both groups and individuals, focusing on Roman Catholic spirituality but welcoming collaboration with various traditions. The center's primary mission is to promote education, covering various topics such as religions, cultures, leadership, and human development. The organization, which employs a small team of two individuals, aims to foster personal growth and understanding through its retreats and educational programs.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 65%, Two-Star out of Four Star rating.
The Ltt Retreat And Education Center has received a 65% score from Charity Navigator, resulting in a Two-Star rating. This score reflects a solid performance in certain areas, particularly in governance, where the organization boasts a fully independent board and a well-documented conflict of interest policy. Their program expense ratio is also commendable at 100%, indicating that all of their expenses are directed towards their programs.
However, the organization’s score is notably impacted by a high liabilities to assets ratio of 78.15%, which raises concerns about financial health and sustainability. Despite some strengths in transparency and accountability, the financial indicators suggest potential risks that could affect the organization’s long-term viability. Overall, while Ltt Retreat And Education Center demonstrates good governance practices, stakeholders may want to consider the implications of its financial management before engaging with the charity.
This AI summary has been generated from information found on Charity Navigator.
Is Ltt Retreat And Education Center legitimate?
Ltt Retreat And Education Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ltt Retreat And Education Center 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: $36,207
For more financial information, click here
What is the mission statement of Ltt Retreat And Education Center?
The Ltt Retreat and Education Center's primary purpose is to offer retreats and meetings for both groups and individuals. While they specialize in Roman Catholic spirituality, they are open to collaborating with other traditions. Their main aim is education, encompassing various topics such as religions, cultures, leadership, and other aspects of human development. The center provides a platform for learning and growth, fostering understanding and unity among different faiths and cultures.
Who is the CEO of Ltt Retreat And Education Center?
Joseph Viet Hung Nguyen is the President of Ltt Retreat And Education Center.
What is the revenue of Ltt Retreat And Education Center?
Ltt Retreat And Education Center's revenue in 2022 was $459,273.
Who are the executives of Ltt Retreat And Education Center and what are their salaries?
The average compensation at Ltt Retreat And Education Center during 2022 was $18,104. There are 2 employees and 75 volunteers at Ltt Retreat And Education Center.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Ltt Retreat And Education Center?
Ltt Retreat And Education Center's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Ltt Retreat And Education Center
Ltt Retreat and Education Center, as a nonprofit organization, is primarily dedicated to offering retreats and meetings for groups or individuals. While specializing in Roman Catholic spirituality, the center is open to collaborating with other traditions. Education is a fundamental aim of the center, encompassing various topics such as religions, cultures, leadership, and other aspects of human development. The center's mission is to provide a space for reflection, learning, and growth, catering to the spiritual and intellectual needs of its participants.
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Impact
July, 2024
Ltt Retreat And Education Center's impact is profound in fostering spiritual growth and education among individuals and groups. Specializing in Roman Catholic spirituality while remaining open to collaborating with other traditions, the center provides retreats and meetings that aim to deepen understanding of religions, cultures, leadership, and other aspects of human development. By offering a space for reflection, learning, and personal growth, the center plays a crucial role in nurturing individuals' spiritual journeys and promoting interfaith dialogue and understanding.
This information is meant to be a general summary of Ltt Retreat And Education Center. 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: $439,578
- Gross Receipts: $459,273
Assets and Liabilities:
- Total Assets: $188,099
- Total Liabilities: $147,000
- Net Assets: $41,099
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RETREAT INCOME
Revenue
$439,578
Organization Details
Founding Year
2017
Phone
(832) 403-4033Principal Officer
Joseph Viet Hung Nguyen
Main Address
20303 KERMIER RD, WALLER, TX, 77484
NTEE Category
Code: X22 - Religion related
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