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St Francis Springs Prayer Center Inc

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

EIN: 030469917 ✦ Stoneville, NC ✦ Designated as a 501(c)(3)

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Overview

What is St Francis Springs Prayer Center Inc?

St. Francis Springs Prayer Center Inc, located at 477 Grogan Road, Stoneville, NC 27048, is a nonprofit organization with a mission to provide a nurturing and prayerful spiritual environment. With a dedicated team of 11 employees, they strive to foster a deep connection with God for their program attendees. Their primary activity involves creating an atmosphere conducive to spiritual growth and encouragement. The Center's location and employee count suggest a local focus, potentially serving the Stoneville community and surrounding areas.


Official website here: www.stfrancissprings.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 73%, Two-Star out of Four Star rating

St Francis Springs Prayer Center Inc holds a 73% rating on Charity Navigator, indicating a moderate level of accountability and financial health. The organization benefits from an entirely independent board, which reflects positively on its governance structure. Additionally, they maintain a strong program expense ratio of 83.66%, demonstrating a commitment to using funds for their intended purposes.

Despite these strengths, the nonprofit faces significant limitations in its financial transparency, as it has not made its financial statements available. This lack of transparency could raise concerns for potential donors and stakeholders regarding the organization's financial practices. Furthermore, the absence of a conflict of interest policy and a whistleblower policy points to areas where governance could be improved.

Overall, while St Francis Springs Prayer Center Inc demonstrates solid programmatic spending and independent oversight, the gaps in financial reporting and policy frameworks suggest that there is room for growth in their accountability measures. This balance of strengths and weaknesses should be considered by potential donors when evaluating their support.


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

Is St Francis Springs Prayer Center Inc legitimate?

St Francis Springs Prayer Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Francis Springs Prayer Center 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $449,167

For more financial information, click here


Official website here: www.stfrancissprings.com

What is the mission statement of St Francis Springs Prayer Center Inc?

St. Francis Springs Prayer Center Inc. is dedicated to establishing a conducive, prayerful spiritual environment. This environment is designed to encourage and strengthen the relationship individuals have with God. The center's primary objective is to provide a setting that fosters deep spiritual connections, promoting personal growth and religious devotion. By offering a spiritual environment, the center aims to support and inspire attendees on their spiritual journeys.


Official website here: www.stfrancissprings.com

Who is the CEO of St Francis Springs Prayer Center Inc?

Steve Swayne is the President of St Francis Springs Prayer Center Inc.


Official website here: www.stfrancissprings.com

What is the revenue of St Francis Springs Prayer Center Inc?

St Francis Springs Prayer Center Inc's revenue in 2023 was $1,133,166.


Official website here: www.stfrancissprings.com

Who are the executives of St Francis Springs Prayer Center Inc and what are their salaries?

The average compensation at St Francis Springs Prayer Center Inc during 2023 was $40,833. There are 11 employees and 102 volunteers at St Francis Springs Prayer Center Inc.


Here are 9 key members and their salaries:


Frank Massey (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Murray (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eunice Barr (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Bond (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Margaret Burnham (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jack Alford (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rev Andrew Reitz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ann Bauer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Swayne (Executive Director)
  • Compensation: $93,500
  • Related: $0
  • Other: $1,350


Official website here: www.stfrancissprings.com

Where can I find the form 990 for St Francis Springs Prayer Center Inc?

St Francis Springs Prayer Center Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.stfrancissprings.com

Learn more at the official website: www.stfrancissprings.com

Mission Statement of St Francis Springs Prayer Center Inc

St. Francis Springs Prayer Center Inc is committed to establishing a conducive, prayerful spiritual environment. This mission is aimed at fostering and strengthening a profound relationship with God. By providing this spiritual environment, the center aims to encourage and support individuals who attend its programs, encouraging their spiritual growth and connection with the divine.

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Impact




July, 2024

St. Francis Springs Prayer Center Inc provides a prayerful spiritual environment to support and encourage a deep relationship with God. They offer a space for program attendees to engage in spiritual practices and connect with their faith in a meaningful way. Located in Stoneville, NC, their mission is centered around fostering a nurturing environment for individuals to deepen their relationship with God through prayer and reflection. Their impact can be felt in the lives of those who seek solace and guidance in their spiritual journey.




This information is meant to be a general summary of St Francis Springs Prayer Center 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
$1,133,166 (2023)
Expenses
$1,226,643 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $5,658
  • Program Service Revenue: $852,868
  • Gross Receipts: $1,251,813

Assets and Liabilities:

  • Total Assets: $6,403,343
  • Total Liabilities: $2,424,708
  • Net Assets: $3,978,635

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

SERVICE REVENUE

Revenue

$852,868

Organization Details

Founding Year

2002

Principal Officer

Steve Swayne

Main Address

477 GROGAN ROAD, STONEVILLE, NC, 27048

NTEE Category

Code: X21 - Religion related

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