Overview
What is Honduras Ministries Inc?
Honduras Ministries Inc, located at 15916 Grant St, Overland Park, Kansas 66085, is a nonprofit organization committed to serving as a charitable, scientific, literary, and educational entity. Their primary goal is to uphold the association Ministerios Pan de Vida, operating solely within these realms. While specific details about their activities are not provided, the general purpose of the organization is to contribute positively to society through these sectors. With a modest workforce of two individuals, Honduras Ministries Inc continues its mission to make a difference in the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 53%, One-Star out of Four Star rating
Honduras Ministries Inc has received a low rating of 53% from Charity Navigator, indicating significant areas for improvement in accountability and financial transparency. With a lack of independent board members and several missing policies, such as conflict of interest and whistleblower policies, the organization shows weaknesses in governance practices.
Despite its low rating, the nonprofit does demonstrate some strengths, particularly in its program expense ratio, which stands at 73.66%. This suggests that a substantial portion of its funds is allocated towards its programs rather than administrative costs. Additionally, the organization has no material diversion of assets, reflecting a solid management of its resources in that regard.
However, the absence of a website listed on its tax form and other key governance documents raises concerns about its overall transparency and adherence to best practices. Improving these areas could enhance trust and confidence among donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Honduras Ministries Inc legitimate?
Honduras Ministries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Honduras Ministries 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: $25,000
For more financial information, click here
What is the mission statement of Honduras Ministries Inc?
Honduras Ministries Inc, as a charitable, scientific, literary, and educational organization, maintains its association Ministerios Pan de Vida with the primary purpose of operating solely for these objectives. Its general mission is to carry out its activities in accordance with these categorizations, aiming to contribute positively to various sectors through its operations. The organization's goal is to operate with a charitable mindset, promoting scientific research and literacy, as well as fostering education.
Who is the CEO of Honduras Ministries Inc?
Jim Martin is the President of Honduras Ministries Inc.
What is the revenue of Honduras Ministries Inc?
Honduras Ministries Inc's revenue in 2022 was $190,320.
Who are the executives of Honduras Ministries Inc and what are their salaries?
The average compensation at Honduras Ministries Inc during 2022 was $12,500. There are 2 employees and 10 volunteers at Honduras Ministries Inc.
Here are 6 key members and their salaries:
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- Other: $0
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- Other: $0
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- Other: $0
Where can I find the form 990 for Honduras Ministries Inc?
Honduras Ministries Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Honduras Ministries Inc
Honduras Ministries Inc, as a charitable, scientific, literary, and educational organization, is dedicated to maintaining and operating under the association Ministerios Pan de Vida. The primary goal of this nonprofit is to serve the community by operating solely in these fields, aiming to make a positive impact through its activities. The organization's mission is to carry out its charitable, scientific, literary, and educational objectives, contributing to the betterment of society in various ways. It is committed to operating with integrity and transparency, always striving to make a meaningful difference in the lives of those it serves.
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Impact
October, 2024
Honduras Ministries Inc has a significant impact through its commitment to sustaining the association Ministerios Pan de Vida. The organization focuses on charitable, scientific, literary, and educational initiatives that address the needs of communities in Honduras. By promoting education and supporting various humanitarian efforts, it helps improve access to learning resources and fosters personal and community growth. Through its outreach, Honduras Ministries Inc not only aids in poverty alleviation but also encourages cultural exchange and understanding between regions. The organization's work has the potential to empower individuals and enhance the overall quality of life within the communities it serves.
This information is meant to be a general summary of Honduras Ministries 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $190,320
Assets and Liabilities:
- Total Assets: $43,668
- Total Liabilities: $0
- Net Assets: $43,668
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Organization Details
Founding Year
2007
Principal Officer
Jim Martin
Main Address
15916 GRANT ST, OVERLAND PARK, KS, 66085
NTEE Category
Code: Q12 - International
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