Overview
What is Heralds Of The Gospel Foundation Inc?
Heralds Of The Gospel Foundation Inc is a nonprofit organization based in Houston, Texas, with a mission to promote programs of faith-oriented organizations, both domestically and internationally. Their primary activity involves granting and donating funds to charitable, religious, educational, cultural, scientific, or benevolent organizations and foundations that align with their evangelism mission. The foundation aims to foster a deep connection between practical life and faith, encouraging generosity and the fullness of Christian life among its members. They aim to be an instrument of sanctity within the church, furthering unity between faith and daily life, and responding to the call of charity.
Official website here: www.heralds.us
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Heralds Of The Gospel Foundation Inc has received a Two-Star out of Four Star rating from Charity Navigator, indicating that there are areas needing significant improvement. The organization scored 69% overall, with particularly strong points in accountability, such as having 100% independent board members and no material diversion of assets. However, the lack of financial statements and several missing policies, including conflict of interest and whistleblower policies, have negatively impacted its score.
Strengths noted include a high program expense ratio of 98.60%, suggesting that the majority of its funding is directed towards its programs rather than administrative costs. The organization maintains proper documentation of board meeting minutes, which reflects some level of transparency in operations. Despite these positives, the absence of critical financial documentation and policies raises concerns regarding accountability and governance.
Limitations include the aforementioned missing financial statements and policy documents, which are essential for fostering donor trust and ensuring organizational integrity. The charity's overall accountability could be significantly improved by addressing these gaps, thereby enhancing its credibility and effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Heralds Of The Gospel Foundation Inc legitimate?
Heralds Of The Gospel Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Heralds Of The Gospel Foundation 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: $0
For more financial information, click here
Official website here: www.heralds.us
What is the mission statement of Heralds Of The Gospel Foundation Inc?
Heralds Of The Gospel Foundation Inc's mission is to act as a tool for sanctity within the church, encouraging its members to embrace the fullness of Christian life and the perfection of charity. The foundation aids in fostering a close connection between practical life and faith. One of its key activities involves making charitable, religious, educational, cultural, scientific, and benevolent donations to organizations and foundations both domestically and internationally, aligned with the foundation's evangelism mission. Additionally, the foundation supports Catholic faith-oriented organizations by promoting their programs in the United States and abroad.
Official website here: www.heralds.us
Who is the CEO of Heralds Of The Gospel Foundation Inc?
Thomas Walsh is the President of Heralds Of The Gospel Foundation Inc.
Official website here: www.heralds.us
What is the revenue of Heralds Of The Gospel Foundation Inc?
Heralds Of The Gospel Foundation Inc's revenue in 2022 was $1,310,775.
Official website here: www.heralds.us
Who are the executives of Heralds Of The Gospel Foundation Inc and what are their salaries?
There 10 volunteers at Heralds Of The Gospel Foundation Inc.
Here are 4 key members and their salaries:
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Official website here: www.heralds.us
Where can I find the form 990 for Heralds Of The Gospel Foundation Inc?
Heralds Of The Gospel Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.heralds.us
Learn more at the official website: www.heralds.us
Mission Statement of Heralds Of The Gospel Foundation Inc
Heralds of the Gospel Foundation Inc is dedicated to serving as an instrument of sanctity within the church, encouraging its members to embody the fullness of Christian life and strive for the perfection of charity. By doing so, the foundation aims to foster a harmonious blend of practical life and faith among its followers.
One of the primary objectives of Heralds of the Gospel Foundation Inc is to make charitable contributions and donations to various organizations and foundations in the United States and abroad. These organizations should align with the foundation's mission of evangelism and promote the values of Catholic faith-oriented initiatives. In this capacity, the foundation supports the programs of Catholic organizations, both in the U.S. and internationally.
By carrying out its mission, Heralds of the Gospel Foundation Inc plays an integral role in nurturing the spiritual growth of its community and beyond, encouraging generosity and unity in the pursuit of a more charitable and faith-filled existence.
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Impact
October, 2024
Heralds Of The Gospel Foundation Inc significantly impacts communities by making grants and donations to a wide range of charitable, religious, educational, and cultural organizations both in the U.S. and internationally. The foundation focuses on promoting the programs of Catholic faith-oriented organizations, empowering them to further evangelism and the tenets of their faith.
By supporting initiatives that cultivate an intimate unity between practical life and faith, the foundation aids individuals in responding generously to the call of the fullness of Christian life and the perfection of charity. This commitment fosters a sense of community among members and encourages spiritual growth, ultimately strengthening the fabric of society through shared values and service. The foundation's work promotes a culture of charity, helping to ensure that the message of evangelism reaches diverse populations, thereby broadening its impact across various regions and demographics.
This information is meant to be a general summary of Heralds Of The Gospel Foundation 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: $1,310,775
Assets and Liabilities:
- Total Assets: $506,782
- Total Liabilities: $15,600
- Net Assets: $491,182
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Organization Details
Founding Year
2003
Phone
(281) 597-8178Principal Officer
Thomas Walsh
Main Address
P O BOX 421128, HOUSTON, TX, 772421128
Website
www.heralds.usNTEE Category
Code: Q12 - International
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