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Mentoring Men For The Master Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 020552940 ✦ Wilmington, NC ✦ Designated as a 501(c)(3)

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Overview

What is Mentoring Men For The Master Inc?

Mentoring Men For The Master Inc, based in Wilmington, North Carolina, is a nonprofit organization with a mission to empower and support young individuals in Christian ministry. With a team of four dedicated individuals, this ministry focuses on training, encouraging, restoring, and equipping these young servants. Their activities are centered around fostering their development in the Christian ministry sector, providing a platform for growth and restoration.


Official website here: www.mentoringmen.ord

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81%, Three-Star out of Four Star Rating

Mentoring Men For The Master Inc has received an 81% score from Charity Navigator, reflecting a solid level of accountability and financial performance. The rating is based wholly on their Accountability & Finance score, which indicates a strong adherence to transparency and responsible financial management practices.

The organization excels in areas such as having a fully independent board and a strong program expense ratio, with 98.37% of its expenses directed towards programs. Additionally, they have demonstrated good governance practices by maintaining policies for conflict of interest, document retention, and providing access to board meeting minutes. These strengths suggest a commitment to effective leadership and responsible stewardship of resources.

However, while the financial metrics are reassuring, there is no information available regarding the outcomes or impact of their programs, which is often a key consideration for potential donors. This limitation may affect how stakeholders perceive the overall effectiveness of the organization’s mission and initiatives.


This AI summary has been generated from information found on Charity Navigator.

Is Mentoring Men For The Master Inc legitimate?

Mentoring Men For The Master Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mentoring Men For The Master 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: $84,995
Professional Fundraising Fees: $0
Other Salaries and Wages: $175,991

For more financial information, click here


Official website here: www.mentoringmen.ord

What is the mission statement of Mentoring Men For The Master Inc?

Mentoring Men For The Master Inc is a ministry committed to educating, motivating, restoring, and equipping young individuals seeking a career in Christian ministry. Their mission is centered around training, encouraging, restoring, and equipping these young servants, with the ultimate goal of preparing them for effective service in the Christian ministry. By offering guidance and resources, they aim to foster personal growth and spiritual development, empowering these individuals to make a positive impact in their communities.


Official website here: www.mentoringmen.ord

Who is the CEO of Mentoring Men For The Master Inc?

Thad Faulk is the President of Mentoring Men For The Master Inc.


Official website here: www.mentoringmen.ord

What is the revenue of Mentoring Men For The Master Inc?

Mentoring Men For The Master Inc's revenue in 2022 was $501,418.


Official website here: www.mentoringmen.ord

Who are the executives of Mentoring Men For The Master Inc and what are their salaries?

The average compensation at Mentoring Men For The Master Inc during 2022 was $65,246. There are 4 employees at Mentoring Men For The Master Inc.


Here are 5 key members and their salaries:


Thad Faulk (President)
  • Compensation: $84,995
  • Related: $0
  • Other: $0
Walt Fletcher (Vice-Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Fisher (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dwayne Flemming (Chairman Of Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Danny West (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.mentoringmen.ord

Where can I find the form 990 for Mentoring Men For The Master Inc?

Mentoring Men For The Master Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.mentoringmen.ord

Learn more at the official website: www.mentoringmen.ord

Mission Statement of Mentoring Men For The Master Inc

Mentoring Men For The Master Inc is a ministry committed to nurturing, inspiring, and empowering young individuals who follow Jesus in their religious pursuits. This nonprofit organization's primary mission is to train, encourage, restore, and equip these young servants in the Christian ministry. It aims to provide them with the necessary resources and guidance to excel in their spiritual journeys. The ministry's mission is centered around the development of young leaders in the Christian community.

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Impact




July, 2024

Mentoring Men For the Master Inc has a profound impact on shaping young servants of Jesus for Christian ministry. Through its dedicated mentoring programs, this organization plays a crucial role in training, encouraging, restoring, and equipping individuals for service in the ministry. By focusing on the growth and development of young men in their spiritual journey, Mentoring Men For the Master Inc contributes to building a strong foundation for future leaders in the Christian community.




This information is meant to be a general summary of Mentoring Men For The Master 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.

Revenue
$501,418 (2022)
Expenses
$447,281 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $501,446

Assets and Liabilities:

  • Total Assets: $147,836
  • Total Liabilities: $0
  • Net Assets: $147,836

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Organization Details

Founding Year

2001

Principal Officer

Thad Faulk

Main Address

1213 CULBRETH DR, WILMINGTON, NC, 28405

NTEE Category

Code: X20 - Religion related

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