Overview
What is Holding Forth The Word Of Life Inc?
Holding Forth The Word of Life Inc. is a nonprofit organization located in Wrens, Georgia, at 112 Broad Street. Their primary mission is to spread the teachings of the Bible through various mediums such as TV, radio, books, CDs, tapes, and conferences. They conduct services on both Sunday mornings and Wednesday nights, welcoming individuals from all walks of life. Beyond religious instruction, they offer workshops to help individuals improve their lives spiritually, physically, mentally, and economically through mentoring classes. Their vision extends beyond their local premises, aiming for global expansion. With a team of 14 dedicated individuals, they strive to make the Bible's teachings accessible and beneficial to all nationalities and denominations.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 1 Star
Holding Forth The Word Of Life Inc has received a low rating of 50% from Charity Navigator, resulting in a One-Star out of Four Stars designation. This rating reflects significant concerns regarding the charity's accountability and financial transparency. Notably, the charity has no independent board members and lacks essential policies such as conflict of interest and whistleblower protections, which are critical for ensuring ethical governance.
Despite these weaknesses, the organization does demonstrate some strengths, including a solid program expense ratio of 68.17%, indicating that a majority of its funds are directed toward its programs rather than administrative costs. Additionally, the charity has a low liabilities to assets ratio of 0.10%, suggesting a stable financial position concerning debt.
Overall, while Holding Forth The Word Of Life Inc is effectively using its resources for program-related activities, the absence of independent governance and missing policies raise red flags about its operational integrity. Potential donors should exercise caution and consider these factors before contributing.
This AI summary has been generated from information found on Charity Navigator.
Is Holding Forth The Word Of Life Inc legitimate?
Holding Forth The Word Of Life Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Holding Forth The Word Of Life 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: $68,904
Professional Fundraising Fees: $0
Other Salaries and Wages: $174,376
For more financial information, click here
What is the mission statement of Holding Forth The Word Of Life Inc?
Holding Forth The Word of Life Inc is dedicated to spreading the teachings of the Bible to individuals from various nationalities and denominations. They accomplish this mission through various mediums such as television, radio, books, CDs, tapes, and conferences. Additionally, they offer Sunday morning and Wednesday night services, welcoming all people to their ministry. Beyond teaching the Bible, they also provide workshops to help individuals enhance their lives in various aspects, including spiritual, physical, mental, and economic growth. Their vision extends beyond their current reach, aiming to expand globally. They also offer mentoring classes where individuals can deepen their understanding of the Bible with the guidance of mentors.
Who is the CEO of Holding Forth The Word Of Life Inc?
Linda C Lariscy is the President & Ceo of Holding Forth The Word Of Life Inc. The CEO's salary of Holding Forth The Word Of Life Inc is $68,904 and their total compensation is $68,904.
What is the revenue of Holding Forth The Word Of Life Inc?
Holding Forth The Word Of Life Inc's revenue in 2022 was $901,401.
Who are the executives of Holding Forth The Word Of Life Inc and what are their salaries?
The average compensation at Holding Forth The Word Of Life Inc during 2022 was $17,377. There are 14 employees at Holding Forth The Word Of Life Inc.
Here are 5 key members and their salaries (Holding Forth The Word Of Life Inc's CEO's salary is $68,904 and their total compensation is $68,904):
- Compensation: $68,904
- Related: $0
- Other: $0
- 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 Holding Forth The Word Of Life Inc?
Holding Forth The Word Of Life Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Holding Forth The Word Of Life Inc
Holding Forth The Word Of Life Inc is dedicated to spreading the teachings of the Bible to individuals of various nationalities and denominations. Their mission is multifaceted, encompassing the use of various media platforms such as TV, radio, books, CDs, and tapes to disseminate these teachings. Beyond these traditional mediums, they also conduct workshops and conferences to help individuals improve various aspects of their lives, including their spiritual, physical, mental, and economic well-being.
At the heart of Holding Forth The Word Of Life Inc's activities is their commitment to teaching the Bible. This teaching extends beyond their physical premises located in Wrens, Georgia, to include Sunday Morning and Wednesday Night Services. Their services are open to all, reflecting their market place ministry philosophy, which welcomes people from all walks of life. Their ultimate vision is to expand their reach beyond their current boundaries, aiming for a global impact.
In addition to their Bible teaching and life skills workshops, Holding Forth The Word Of Life Inc also provides mentoring classes. These classes offer individuals the opportunity to learn directly from mentors, providing a personalized and intimate setting for Bible study and spiritual growth. This holistic approach, encompassing teaching, workshops, and mentoring, reflects Holding Forth The Word Of Life Inc's commitment to supporting and empowering individuals in their spiritual journeys.
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Impact
August, 2024
Holding Forth The Word Of Life Inc has had a significant impact on individuals and communities by providing accessible and comprehensive Bible teachings through various media platforms including TV, radio, books, CDs, and tapes. Their commitment to spreading the teachings of the Bible to people of all nationalities and denominations has fostered a welcoming and inclusive environment at their premises in Wrens, Georgia. By offering Sunday morning and Wednesday night services, workshops on life skills, mentorship programs, and conferences, they have positively influenced and empowered individuals spiritually, physically, mentally, and economically. With a vision to expand worldwide, Holding Forth The Word Of Life Inc continues to make a difference in the lives of many through their market place ministry approach.
This information is meant to be a general summary of Holding Forth The Word Of Life 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: $536
- Program Service Revenue: $55,211
- Gross Receipts: $901,401
Assets and Liabilities:
- Total Assets: $2,882,088
- Total Liabilities: $3,056
- Net Assets: $2,879,032
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DAY CARE
Revenue
$34,181
FIVE FOLD MINISTRY
Revenue
$425
MISCELLANEOUS
Revenue
$814
SALE OF T-SHIRTS & MISC
SCHOOL
Revenue
$19,791
Organization Details
Founding Year
2005
Phone
(706) 832-4792Principal Officer
Linda C Lariscy
Main Address
112 BROAD STREET, WRENS, GA, 30833
NTEE Category
Code: X20 - Religion related
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