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New York BBB Wise Giving Report for
Maryknoll Lay Missioners

A BBB Accredited charity

 


Expiration Date:
08/2013
Name:
Maryknoll Lay Missioners
Formerly known as:
Maryknoll Mission Association of the Faithful, Inc.
Address:
PO Box 307
Maryknoll, NY 10545
Phone:
914-762-6364
Web Site:
www.mklm.org
Year, State Incorporated:
1995, New York
Affiliates:
None
Stated Purpose:
" Lives and works in poor communities in Africa, Asia, and the Americas, responding to basic needs and helping to create a more just and compassionate world. "





Evaluation Conclusions
 

               
Maryknoll Lay Missioners meets the 20 Standards for Charity Accountability.




Programs
 

               
Maryknoll Lay Missioners (MKLM) is a Catholic organization comprised of single men and women, couples and families who work in Africa, Asia, Latin America and North America. They apply their skills and knowledge to respond to the basic needs of the poor. MKLM attempts to raise the quality of life and restore hope by making sustainable improvements in the lives of individuals and communities. MKLM’s main focus are justice and peace, education, healthcare, pastoral ministry and sustainable development. Some of MKLM projects involve AIDS, social justice, ecology, women’s rights, global concerns, peace and skills building, and parish work. The organization ultimately believes that compassion transforms lives, and to that end, MKLM creates a more just and compassionate world by responding to the needs of the people where they serve. MKLM’s US program educates individuals and communities in a way that deepens and enriches their understanding of mission life and those whom it impacts. MKLM collaborates with local Catholic churches in its various locations around the world.



Governance
 

               
Chair of the Board:
Fr. William A. Vos
Chair's Profession / Business Affiliation:
Diocese of St. Cloud
Board Size:
12
Paid Staff Size:
87



*Compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.




Fund Raising
 

               
Method(s) Used:

Direct mail appeals, invitations to fund raising events, grant proposals, planned giving arrangements, internet appeals
Fund raising costs were 16.2% of related contributions. (Related contributions, which totaled $5,101,862, are donations received as a result of fund raising activities.)




Tax Status
 

               
This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.




Financial
 

               
The following information is based on Maryknoll Lay Missioners' Audited Financial Statements for the fiscal year ended December 31, 2009.

Source of Funds
 

Public Contributions

 $2,815,862

Grants from Foundation

 2,286,000

Investment Return

 255,446

Other Income and Gains

 115,432

Total Income

$5,472,740

Expenses
 
Program Expenses 

Mission Work

$4,644,530

Education and recruitment

504,318
Total Program Expenses:
Fund Raising Expenses
Administrative Expenses
Total expenses

Expenses in Excess of Income

 5,148,848
826,996
370,624
$6,346,468

$(873,728)



Uses of Funds as a % of Total Expenses


Programs: 81%  Fund Raising: 13%  Administrative 6% 
Roll the cursor over the pie chart to see the dollar amounts.


Beginning net assets $5,932,430
Ending net assets 5,058,702
Total liabilities 5,001,347
Total assets
$10,060,049






 

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