Overview
What is Fresh Ministries Foundation?
Fresh Ministries Foundation is a nonprofit organization situated in Jacksonville, Florida, with the address 1131 North Laura Street. Its primary role is to manage and distribute endowments to two other 501(C)3 organizations: Fresh Ministries, Inc. and Creekside Ministries, Inc. The Foundation's mission is to support these charitable organizations financially, contributing to their respective causes and initiatives. However, the details about the specific activities or missions of these organizations are not provided in the information.
Official website here: www.freshministries.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77% (Three-Star out of Four Star Rating)
Fresh Ministries Foundation has received a 77% score from Charity Navigator, indicating a moderate level of accountability and financial health. The organization has a strong governance structure, with 100% of its board members being independent, and it demonstrates effective asset management with no material diversion of assets. Its program expense ratio is also relatively strong at 64.98%, suggesting that a significant portion of its resources is directed towards its programs.
However, there are notable areas for improvement. The organization lacks a whistleblower policy and a document retention and destruction policy, which are essential for maintaining transparency and accountability. Additionally, the absence of tax forms posted on the nonprofit's website may hinder potential donors' ability to review its financial practices thoroughly.
Overall, while Fresh Ministries Foundation exhibits strengths in governance and financial management, addressing the identified limitations could enhance its accountability and trustworthiness among stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Fresh Ministries Foundation legitimate?
Fresh Ministries Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fresh Ministries Foundation 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: $0
For more financial information, click here
Official website here: www.freshministries.org
What is the mission statement of Fresh Ministries Foundation?
The Fresh Ministries Foundation's role involves managing and dispersing endowments to two non-profit organizations, Fresh Ministries, Inc. and Creekside Ministries, Inc., both recognized as 501(C)3 entities. This foundation's mission, in essence, is to support these organizations financially, thereby enabling them to carry out their charitable activities. The specific details of the missions of Fresh Ministries, Inc. and Creekside Ministries, Inc. are not provided in the given information.
Official website here: www.freshministries.org
Who is the CEO of Fresh Ministries Foundation?
Dr Robert V Lee Iii is the Chairman of Fresh Ministries Foundation.
Official website here: www.freshministries.org
What is the revenue of Fresh Ministries Foundation?
Fresh Ministries Foundation's revenue in 2021 was $632.
Official website here: www.freshministries.org
Who are the executives of Fresh Ministries Foundation and what are their salaries?
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.freshministries.org
Where can I find the form 990 for Fresh Ministries Foundation?
Fresh Ministries Foundation's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.freshministries.org
Learn more at the official website: www.freshministries.org
Mission Statement of Fresh Ministries Foundation
Fresh Ministries Foundation is an organization that plays a crucial role in managing and distributing endowments. Specifically, it supports Fresh Ministries, Inc., a recognized 501(C)3 charitable organization, and Creekside Ministries, Inc., another 501(C)3 nonprofit. By holding and distributing these endowments, Fresh Ministries Foundation contributes to the ongoing activities and missions of both organizations. This philanthropic endeavor allows Fresh Ministries and Creekside Ministries to continue their respective work in their respective fields, thereby making a positive impact in their communities.
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Impact
October, 2024
Fresh Ministries Foundation significantly impacts communities by managing and distributing endowments to support Fresh Ministries, Inc. and Creekside Ministries, Inc. in Jacksonville, FL. Through its financial stewardship, the foundation empowers these organizations to provide vital services and programs that address local needs, fostering community development and enhancing quality of life. By channeling resources effectively, it enables these ministries to reach more individuals and families, promoting philanthropy and support for those in need. The foundation's role is crucial in ensuring that these charitable entities can sustain their missions and expand their reach within the community.
This information is meant to be a general summary of Fresh Ministries Foundation. 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 2021.
- Investment Income: $632
- Gross Receipts: $632
Assets and Liabilities:
- Total Assets: $2,572,016
- Total Liabilities: $0
- Net Assets: $2,572,016
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Organization Details
Founding Year
2002
Phone
(904) 354-0000Principal Officer
Dr Robert V Lee Iii
Main Address
1131 NORTH LAURA STREET, JACKSONVILLE, FL, 32206
Website
www.freshministries.orgNTEE Category
Code: T31 - Philanthropy
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