Overview
What is New Life Baptist Church?
New Life Baptist Church is a faith-based organization centered around the teachings of Jesus Christ. While their primary focus lies in religious activities, they extend their influence beyond the church walls by addressing the needs of their community. Through their programs, they strive to spread the Gospel and offer assistance to those in need.
Official website here: www.ministeriovidanova.com
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 43%, Zero-Star out of Four Star rating.
New Life Baptist Church has received a low score of 43%, indicating significant areas needing improvement, particularly in financial accountability and program expenses. While the organization is recognized for its strong governance practices, such as having a fully independent board and solid policies regarding conflicts of interest and whistleblower protections, its financial management raises concerns.
The majority of its financial indicators are weak, with only 18.37% of its expenses directed toward programs, which is a critical aspect for nonprofits. Additionally, the church's liabilities to assets ratio of 29.90% reflects potential financial vulnerability. Despite having a well-structured governance framework, the low program expense ratio suggests that more resources could be allocated towards fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is New Life Baptist Church legitimate?
New Life Baptist Church is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Life Baptist Church 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.ministeriovidanova.com
What is the mission statement of New Life Baptist Church?
New Life Baptist Church, as a Christian church, is dedicated to spreading the teachings and gospel of Jesus Christ. Beyond religious activities, they extend their mission to assist the community in meeting its needs. Their services encompass preaching, teaching, and offering practical aid to those in need.
Official website here: www.ministeriovidanova.com
Who is the CEO of New Life Baptist Church?
Pr Jose Costa Jr is the Principal Officer of New Life Baptist Church.
Official website here: www.ministeriovidanova.com
What is the revenue of New Life Baptist Church?
New Life Baptist Church's revenue in 2022 was $1,279,978.
Official website here: www.ministeriovidanova.com
Who are the executives of New Life Baptist Church and what are their salaries?
There are 4 employees and 45 volunteers at New Life Baptist Church.
There is 1 key member and their salary:
- Compensation: $0
- Related: $89,911
- Other: $0
Official website here: www.ministeriovidanova.com
Where can I find the form 990 for New Life Baptist Church?
New Life Baptist Church's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ministeriovidanova.com
Learn more at the official website: www.ministeriovidanova.com
Mission Statement of New Life Baptist Church
New Life Baptist Church, as a Christian organization, is dedicated to spreading the message of Jesus Christ through preaching and teaching. Beyond this religious focus, the church also extends its reach to the community, offering assistance and aid when needed. The church's mission is multifaceted, encompassing both spiritual growth and community support. It serves as a beacon of faith, guiding its followers in their spiritual journey, while simultaneously addressing the needs of the community it serves. The church's programs solely revolve around religious activities, reflecting its commitment to its Christian faith and its community.
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Impact
July, 2024
New Life Baptist Church in Woburn, MA, has had a significant impact on both its members and the local community. Through their preaching and teaching of the Gospel of Jesus Christ, the church has helped individuals find spiritual guidance and support in their faith journey. Additionally, their commitment to helping the community with various needs has provided tangible assistance to those facing challenges. Whether through outreach programs, community events, or individual acts of service, New Life Baptist Church is making a positive difference in the lives of those they interact with.
This information is meant to be a general summary of New Life Baptist Church. 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 2022.
- Gross Receipts: $1,279,978
Assets and Liabilities:
- Total Assets: $2,327,994
- Total Liabilities: $844,519
- Net Assets: $1,483,475
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Organization Details
Founding Year
1996
Phone
(978) 206-2935Principal Officer
Pr Jose Costa Jr
Main Address
29 MONTVALE AVE, WOBURN, MA, 01801
Website
www.ministeriovidanova.comNTEE Category
Code: X21 - Religion related
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