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CHARITY REVIEW
Issued: March 2024 Expires: March 2026

Maryknoll Lay Missioners

Accredited Charity
Accredited Charity

Meets Standards
Accreditation seal
(914) 762-6364
75 Ryder Road
Ossining, NY, 10562
https://mklm.org/
📄 Full Report 🖨️ Print 📋 BBB Charity Standards

Standards For Charity Accountability

Governance

  1. Board Oversight
  2. Board Size
  3. Board Meetings
  4. Board Compensation
  5. Conflict of Interest

Measuring Effectiveness

  1. Effectiveness Policy
  2. Effectiveness Report

Finances

  1. Program Expenses
  2. Fundraising Expenses
  3. Accumulating Funds
  4. Audit Report
  5. Detailed Expense Breakdown
  6. Accurate Expense Reporting
  7. Budget Plan

Fundraising & Info

  1. Truthful Materials
  2. Annual Report
  3. Website Disclosures
  4. Donor Privacy
  5. Cause Marketing Disclosures
  6. Complaints

Maryknoll Lay Missioners meets the 20 Standards for Charity Accountability.

Stated Purpose:
Maryknoll Lay Missioners (MKLM) is a Catholic organization inspired by the mission of Jesus to live and work in poor communities in Africa, Asia and the Americas, responding to basic needs and helping to create a more just and compassionate world.

Year, State Incorporated:
1995, NY

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 social justice, ecology, women’s rights, global concerns, peace, skills building and parish work. The organization ultimately believes that compassion transforms lives, and to that end, MKLM strives to create 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.

For the year ended December 31, 2022, Maryknoll Lay Missioners's program expenses were:

Total program services $4,094,176
Total Program Expenses $4,094,176

Chair of the Board
Sarah Welch, Managing Director

Chair's Profession / Business Affiliation
Curinos

Board Size
17

Paid Staff Size
55

Method(s) Used:
Direct mail appeals, Invitations to fund raising events, Print advertisements (newspapers, magazines, etc.), Grant proposals, Planned giving arrangements, Appeals via Social Media (Facebook, etc.)

% of Related Contributions on Fundraising: 3.58%

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.

The following information is based on Maryknoll Lay Missioners's audited financial statements for the year ended December 31, 2022.

Source of Funds
Grants from foundation $4,030,831
Public contributions $3,225,541
Other income and gains $9,576
Investment return (net of fees) $-207,189
Total Income $7,058,759

Programs: 84% Fundraising: 5% Administrative: 10%

Total Income $7,058,759
Total expenses: $4,857,955
  Program expenses $4,094,176
  Fundraising expenses $259,889
  Administrative expenses $503,890
  Other expenses $0
Income in Excess of Expenses $2,200,804
Beginning Net Assets $-1,000,850
Other Changes In Net Assets $364,660
Ending Net Assets $1,564,614
Total Liabilities $1,505,785
Total Assets $3,070,399

An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.

This report is not to be used for fundraising or promotional purposes.

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Report completed by:
BBB Foundation of Metropolitan New York