Overview
What is Sxmx Ministry Inc?
Sxmx Ministry Inc is a nonprofit organization situated in Louisville, Kentucky, specifically at 8216 Limehouse Lane. Their primary mission is to offer full-time spiritual guidance and ministerial services at motorcross events. By providing a dedicated pastor, they aim to cater to the spiritual needs of attendees at these events, ensuring a supportive and faith-based environment. Though the information provided is limited, it suggests that Sxmx Ministry Inc is dedicated to fostering spiritual growth and connection within the motorcross community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: One-Star out of Four Stars (53%)
Sxmx Ministry Inc has received a One-Star rating with a score of 53% from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The organization has not demonstrated a majority of independent board members, scoring 0% in this area, which raises questions about governance and oversight.
Despite these governance issues, Sxmx Ministry Inc has a commendable program expense ratio of 100%, suggesting that all of its expenditures are directed towards its programs. Additionally, the organization has shown no material diversion of assets, which is a positive aspect of its financial management. However, it lacks essential policies such as a conflict of interest policy and a whistleblower policy, which are critical for transparency and ethical governance.
Overall, while Sxmx Ministry Inc successfully allocates its resources to its mission, the absence of independent governance and key organizational policies may hinder its credibility and effectiveness in the nonprofit sector. Potential donors and supporters should consider these factors carefully before engaging with the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Sxmx Ministry Inc legitimate?
Sxmx Ministry Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sxmx Ministry 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
What is the mission statement of Sxmx Ministry Inc?
Sxmx Ministry Inc's mission is centered around providing spiritual guidance and support. They aim to assign a full-time pastor who can deliver sermons and offer ministry services at motorcross events. This commitment is geared towards reaching out to individuals involved in motorcross events, offering them spiritual guidance and support within the context of this sporting activity.
Who is the CEO of Sxmx Ministry Inc?
Mitch Barnes is the President of Sxmx Ministry Inc.
What is the revenue of Sxmx Ministry Inc?
Sxmx Ministry Inc's revenue in 2022 was $39,874.
Who are the executives of Sxmx Ministry Inc and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Sxmx Ministry Inc?
Sxmx Ministry Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Sxmx Ministry Inc
Sxmx Ministry Inc, as an organization, is dedicated to the mission of appointing a full-time pastor to minister at motorcross events. This mission involves the provision of spiritual guidance and support to those participating in and attending these events. By having a dedicated pastor, Sxmx Ministry Inc aims to create a faith-based presence within the motorcross community, offering spiritual solace and guidance to those in need. This mission reflects the organization's commitment to bringing faith and spirituality to an often-overlooked segment of society.
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Impact
August, 2024
Sxmx Ministry Inc has a direct impact on the motorcross community by providing a full-time pastor to preach and minister at motorcross events in Louisville, KY. Their presence and spiritual guidance contribute to the well-being and support of participants and attendees in this high-energy and often physically demanding sport. Their mission to provide dedicated pastoral care within the motorcross community is unique and valuable, offering a support system that extends beyond the track.
This information is meant to be a general summary of Sxmx Ministry 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.
- Investment Income: -$481
- Gross Receipts: $50,355
Assets and Liabilities:
- Total Assets: $157,771
- Total Liabilities: $0
- Net Assets: $157,771
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Organization Details
Founding Year
2004
Phone
(502) 495-0261Principal Officer
Mitch Barnes
Main Address
8216 Limehouse Lane, Louisville, KY, 40220
NTEE Category
Code: X21 - Religion related
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