Overview
What is Word Power Foundation Ministry?
Word Power Foundation Ministry is a nonprofit organization that primarily focuses on attracting new members by promoting the acceptance of Jesus as a personal spiritual savior. They employ various strategies, such as crusades, personal referrals, and active participation in Christian evangelism, to achieve this goal. The organization operates as a membership-based entity, offering a platform for individuals who share this belief.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87%, Three-Star out of Four Star Rating.
Word Power Foundation Ministry has received a solid rating of 87%, reflecting strong accountability and financial practices. The score is derived entirely from its Accountability & Finance metrics, indicating a robust focus on transparency and effective management of resources. The foundation operates with a fully independent board, which is a positive indicator of governance and oversight.
The organization demonstrates excellent financial health, with a 0.00% liabilities to assets ratio and a remarkable program expense ratio of 100.00%. This suggests that all of its resources are directed toward its programs, enhancing its impact and mission effectiveness. Additionally, the charity has robust policies in place, such as a whistleblower policy and document retention policies, which contribute to its overall reliability and ethical operations.
While the rating highlights many strengths, it is important to note that the score is based solely on financial metrics and does not encompass other aspects such as program effectiveness or community impact. Nonetheless, Word Power Foundation Ministry's commitment to accountability and transparency positions it as a trustworthy organization within the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Word Power Foundation Ministry legitimate?
Word Power Foundation Ministry is a legitimate nonprofit organization registered as a 501(c)(3) entity. Word Power Foundation Ministry 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
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What is the mission statement of Word Power Foundation Ministry?
The Word Power Foundation Ministry, as a membership organization, encourages the acceptance of Jesus as a personal spiritual savior. It employs various strategies to attract members, including crusades, personal referrals, and active participation in Christian evangelism. In essence, the mission of this organization is to foster spiritual growth and membership through these outreach methods.
Who is the CEO of Word Power Foundation Ministry?
Solomon Asare is the Minister of Word Power Foundation Ministry.
What is the revenue of Word Power Foundation Ministry?
Word Power Foundation Ministry's revenue in 2021 was $47,211.
Who are the executives of Word Power Foundation Ministry and what are their salaries?
There 1 volunteer at Word Power Foundation Ministry.
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Word Power Foundation Ministry?
Word Power Foundation Ministry's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Word Power Foundation Ministry
The Word Power Foundation Ministry, as a membership organization, is dedicated to promoting the acceptance of Jesus as a personal spiritual savior. To achieve this mission, the organization employs various strategies such as crusades, personal referrals, and active participation in Christian evangelism. By doing so, the Word Power Foundation Ministry aims to attract individuals who share its belief in Jesus and foster a community of believers.
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Impact
August, 2024
Word Power Foundation Ministry's impact is significant in spreading the message of acceptance of Jesus as a personal spiritual savior in Newark, NJ. Through their use of crusades, personal referrals, verbal communication, and Christian evangelism, the organization has been successful in attracting members to their cause. They have created a community of individuals who share in this spiritual journey and work together to spread their message of faith. This impact extends beyond just the city of Newark, influencing the lives of those who become members of the organization and participate in their activities.
This information is meant to be a general summary of Word Power Foundation Ministry. 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.
- Gross Receipts: $47,211
Assets and Liabilities:
- Total Assets: $13,612
- Total Liabilities: $0
- Net Assets: $13,612
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Organization Details
Founding Year
2003
Principal Officer
Solomon Asare
Main Address
p o box 3858, Newark, NJ, 07103
NTEE Category
Code: X20 - Religion related
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