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Club1040 Inc

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

EIN: 200432845 ✦ Broken arrow, OK ✦ Designated as a 501(c)(3)

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Overview

What is Club1040 Inc?

Club1040 Inc is a nonprofit organization located in Broken Arrow, Oklahoma. With a modest workforce of six dedicated individuals, this organization is committed to expanding the reach of Christianity, primarily focusing on Islamic North Africa and the Middle East. They accomplish this mission by establishing ministry training centers and churches in these regions, significantly contributing to the fulfillment of the Great Commission. Recently, Club1040 Inc has witnessed notable successes, such as the launch of GoChurch Beirut, resulting in over 170 conversions, and sponsoring over 280 individuals for a leadership conference in Turkey. Moreover, they have introduced an online leader training tool, eMENA, which currently boasts 39 participants from four different countries in the Middle East and North Africa.


Official website here: www.club1040.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 86% (Three-Star out of Four Star rating)

Club1040 Inc has received a solid Three-Star rating from Charity Navigator, indicating a generally favorable assessment of its operations. With an Accountability & Finance Score of 84 and a perfect Leadership & Adaptability Score of 100, the organization demonstrates strong financial management and governance capabilities. The majority of its board members are independent, contributing to a more transparent decision-making process.

The charity is committed to significant goals, including training indigenous church planters and mobilizing missionaries, which reflects its dedication to impactful community engagement. The financial health is underscored by a program expense ratio of 85%, indicating that most of its funds are directed towards its programs rather than administrative costs. Additionally, there is no indication of material asset diversion, reinforcing the organization’s integrity.

However, there are some limitations that should be noted. Club1040 Inc is missing several key governance policies, including a conflict of interest policy and a whistleblower policy, which can impact its overall accountability. Addressing these gaps could enhance its operational transparency and further strengthen trust with its stakeholders.


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

What do the Facebook reviews say about Club1040 Inc?

100% of 26 reviewers on Facebook recommend Club1040 Inc. Here is a summary of their reviews:

Supporters express strong appreciation for the organization’s mission, highlighting its commitment to reaching underserved communities and spreading the message of hope. Many commend the nonprofit for making a positive impact in areas that are often overlooked, emphasizing the love and compassion that underpins their efforts.

Overall, the sentiment is overwhelmingly positive, with users feeling inspired by the work being done and the dedication of the team. The organization seems to resonate deeply with individuals looking for a charity that genuinely helps those in need while embodying its core values.


This AI summary has been generated from reviews found on Facebook.

Is Club1040 Inc legitimate?

Club1040 Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Club1040 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: $114,780
Professional Fundraising Fees: $0
Other Salaries and Wages: $58,505

For more financial information, click here


Official website here: www.club1040.com

What is the mission statement of Club1040 Inc?

Club1040 Inc's mission is centered around contributing to the completion of the Great Commission by establishing ministry training centers and churches in underserved regions, with a specific focus on Islamic North Africa and the Middle East. The organization's activities aim to significantly impact these areas, fostering the growth of spiritual communities. One of their notable initiatives includes the launch of GoChurch Beirut, which has witnessed over 170 conversions. Additionally, they sponsor individuals for leadership conferences and have introduced a virtual leader training tool, eMENA, which currently has participants in various Middle Eastern and North African countries.


Official website here: www.club1040.com

Who is the CEO of Club1040 Inc?

Matthew Beemer is the President of Club1040 Inc.


Official website here: www.club1040.com

What is the revenue of Club1040 Inc?

Club1040 Inc's revenue in 2022 was $948,167.


Official website here: www.club1040.com

Who are the executives of Club1040 Inc and what are their salaries?

The average compensation at Club1040 Inc during 2022 was $28,881. There are 6 employees and 12 volunteers at Club1040 Inc.


Here are 7 key members and their salaries:


Matthew Beemer (President)
  • Compensation: $0
  • Related: $0
  • Other: $82,280
Julie Beemer (Vice President)
  • Compensation: $31,125
  • Related: $0
  • Other: $1,375
Alan Morton (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Younger (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terry Roberts (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joel Sims (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jon Beemer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.club1040.com

Where can I find the form 990 for Club1040 Inc?

Club1040 Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.club1040.com

Learn more at the official website: www.club1040.com

Mission Statement of Club1040 Inc

Club1040 Inc is an organization dedicated to fulfilling the Great Commission by establishing ministry training centers and churches in underreached nations, with a particular focus on Islamic North Africa and the Middle East. Through their initiatives, Club1040 Inc is making significant strides in closing the Great Commission gap.

To achieve this mission, Club1040 Inc has launched various projects such as GoChurch Beirut, which has already seen over 170 conversions. The organization has also sponsored 283 individuals for a Leadership Conference in Turkey, aiming to empower local leaders in their faith and mission. Furthermore, Club1040 Inc has developed a virtual leader training tool called eMENA, currently being utilized by 39 participants in four different countries in the Middle East and North Africa.

In essence, Club1040 Inc is committed to spreading the message of Christianity in regions that are often overlooked. By planting churches and providing training opportunities, the nonprofit is fostering the growth of spiritual communities and equipping local leaders to continue the work of evangelism. This holistic approach to missionary work allows Club1040 Inc to contribute meaningfully to the global Christian movement, ultimately working towards the closure of the Great Commission.

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Impact




October, 2024

Club1040 Inc has made a transformative impact by establishing ministry training centers and churches in some of the least reached regions of the world, particularly in Islamic North Africa and the Middle East. Their initiatives, such as the launch of GoChurch Beirut, have already resulted in over 170 individual salvations, demonstrating a powerful outreach in a challenging environment.

Additionally, they have sponsored over 283 individuals for a Leadership Conference in Turkey, fostering local leadership and equipping them for effective ministry. The introduction of eMENA, a virtual training platform, has further broadened their reach and engagement, currently serving 39 participants across four countries in the region. Through these efforts, Club1040 Inc significantly contributes to the fulfillment of the Great Commission, empowering communities with spiritual resources and leadership that are crucial for sustainable growth in these areas.




This information is meant to be a general summary of Club1040 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
$948,167 (2022)
Expenses
$883,799 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $2,176
  • Gross Receipts: $948,167

Assets and Liabilities:

  • Total Assets: $720,519
  • Total Liabilities: $12,685
  • Net Assets: $707,834

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Organization Details

Founding Year

2004

Principal Officer

Matthew Beemer

Main Address

PO Box 414, Broken Arrow, OK, 74013

NTEE Category

Code: X20 - Religion related

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