Lucky Family Mission Inc

Nonprofit profile at a glance

EIN
263699349
IRS 990 coverage
2011–2024
Forms available
Form 990 2024
Location
Bossier City, LA, USA
Phone
3185490217
Rating
74
Verdict
SUPPORTED
Rating confidence
Moderate

Reported finances

Revenue
$77,177
Expenses
$129,999
Assets
$895,152
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

7 people listed

Executive titles in this filing

  • WILLIAM A LUKCY III (PRESIDENT)
  • VICKIE T LUCKY (VICE PRESIDENT)

People named in this filing

  • WILLIAM A LUKCY III (PRESIDENT)
  • VICKIE T LUCKY (VICE PRESIDENT)
  • JENNIFER LUCKY (SECRETARY)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The primary purpose is to distribute funds to individuals, organizations, and ministries for charitable, religious, and educational purposes.

What it reported doing in 2024

The lucky family mission, inc. Donates time and money to numerous charities, individuals, families, and other ministries and churches. The mission's reach extends near and far to those in need. Local charities include shreveport-bossier rescue mission, food bank of northwest Louisiana, salvation army and private individuals serving our city, helping feed children and adults who are disabled needing food and necessities such as medicine and clothing. We serve our local churches such as broadmoor baptist church through tithes and offerings by helping local and global missions projects. Life is sometimes difficult and dangerous for believers, yet they go and serve as the hands and feet of our lord jesus. The lucky family mission, inc.'s mission is to share the love of jesus with all people groups. We support bride to be ministries and rise up ministry which serves locally and abroad. Jennifer lucky is the founder of each and she serves as a missionary and evangelist. Both bride to be ministries and rise up ministry serve the nations throughout the world. They provide clean water, food, and sometimes shelter in the remote places of the world. Many times people groups need clothing, food and bibles. Travel is sometimes difficult getting into villages. Missionaries travel with bride to be ministries and rise up ministry reaching the hungry, the hurting, the dying, and the hopeless with the good news of jesus christ. Other ministries we support are samaritan's purse, billy graham evangelistic association, go beyond borders, and heart for the unreached. Each of these ministries serve nationally and globally to unreached people groups. They serve in humility and with the love of jesus to the lost and dying and hurting world. Other christian groups we support are mt. Olive christian school providing christ centered school programs. Focus on the family helps teach families how to focus on the word of god and supports families and couples in marriage crisis and other problems families go through. Love worth finding ministries preaches and teaches the bible on television and radio. As a ministry who loves people, we provide housing through the mission home. We provide overnight guests such as pastors, evangelists, bible teachers, and missionaries, and lay ministers a place to stay and rest. We teach bible studies and prayer services are held throughout the year there as well. As a ministry, the lucky family mission, inc.'s mission is to love people, serve a god of mercy and grace, and share the love of christ through giving and serving our city, our state, our beloved nations and the world.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of voting board members are independent and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 89
  • Transparency & Controls: 92
  • Accountability: 27
  • Sustainability: 43
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 100%; rating input score 100
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 25%; rating input score 25; 18th percentile among comparable filings
  • Governance controls: 2 of 7 controls in place; rating input score 29
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -68.4%; rating input score 25; 25th percentile among comparable filings
  • Total-asset coverage ratio: 6.89; rating input score 55; 55th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 69; 69th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 60; 60th percentile among comparable filings

Growth

  • Program expense growth: 0.6% per year; rating input score 100; 53rd percentile among comparable filings
  • Revenue growth: -7.3% per year; rating input score 0; 37th percentile among comparable filings
  • Asset growth: 3.5% per year; rating input score 100; 60th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 100% of spending went to programs
  • Governance: 2 of 8 board members independent · 2 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $130K in reported program spending
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 19 of 19 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 14 filing years from 2011 to 2024
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Accountability: Independent voting board scored 25/100.
  • High — Accountability: Governance controls: 4 of 6 not reported.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 25/100.
  • Review — Sustainability: Total-asset coverage ratio scored 55/100.