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Deepstream Ministries Inc

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

EIN: 202278206 ✦ Pensacola, FL ✦ Designated as a 501(c)(3)

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Overview

What is Deepstream Ministries Inc?

Deepstream Ministries Inc is a small-scale nonprofit organization based in Pensacola, Florida. Their primary mission is to uplift the Guatemalan village of Buena Vista, focusing on spiritual, educational, emotional, mental, and social growth. They achieve this through various programs, such as the BasicO Program for middle school students, offering three well-equipped classrooms, resources, and dedicated teachers. The BasicO Program includes a computer lab, auditorium, cafeteria/patio soccer field, indoor garden, and study tables. Furthermore, Deepstream Ministries Inc emphasizes spiritual development, training future leaders for the village, and promoting a holistic approach. They operate the GATEWAY Program, the Milk/Nutrition Program, Faith-based teaching and training, health and hygiene seminars, classes for new mothers, and community park and team dorms. Additionally, they have constructed a multi-use facility for the underprivileged residents of Buena Vista, housing the Educate Buena Vista Project. Deepstream Ministries Inc aims to serve the families in Buena Vista with compassion and dedication, with a total of 2 employees working towards their mission.


Official website here: www.educatebv.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 69% (Two-Star out of Four Star rating)

Deepstream Ministries Inc has received a 69% score from Charity Navigator, reflecting a Two-Star rating. This rating indicates that while the organization demonstrates some strengths, there are significant areas for improvement, particularly in accountability and finance. The organization boasts a strong program expense ratio of 96.58%, which suggests that a large majority of its expenses are directed towards its programs.

One of the notable strengths of the organization is its commitment to independent governance, with 80% of its board members being independent. This aligns well with best practices in nonprofit governance, as it helps to ensure that the organization operates transparently and without conflicts of interest. However, the absence of crucial policies such as a conflict of interest policy, whistleblower policy, and document retention and destruction policy is a significant limitation, raising concerns about the organization's internal controls.

Additionally, Deepstream Ministries Inc has not provided financial statements, which has heavily impacted its scoring on accountability and finance metrics. The lack of transparency in this area may hinder potential donors from fully understanding the organization’s financial health and operational effectiveness. Overall, while the organization is effectively serving its programs, it needs to address its governance policies and financial reporting to enhance its credibility and trustworthiness among stakeholders.


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

Is Deepstream Ministries Inc legitimate?

Deepstream Ministries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Deepstream Ministries 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: $73,556
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.educatebv.com

What is the mission statement of Deepstream Ministries Inc?

Deepstream Ministries Inc's mission is centered around improving the well-being of a small Guatemalan village by addressing its spiritual, educational, emotional, mental, and social needs. Drawing strength from their faith in Jesus, they strive to empower the future leaders of the village, both spiritually and physically. The organization focuses on various initiatives, including middle school education, a transition program, a nutritional program, faith-based training, health and hygiene seminars, classes for new mothers, and community facilities. Deepstream Ministries Inc also constructed a multi-purpose facility for underprivileged individuals in the village, serving as a home for the Educate Buena Vista Project.


Official website here: www.educatebv.com

Who is the CEO of Deepstream Ministries Inc?

Steve Jones is the President of Deepstream Ministries Inc.


Official website here: www.educatebv.com

What is the revenue of Deepstream Ministries Inc?

Deepstream Ministries Inc's revenue in 2022 was $570,330.


Official website here: www.educatebv.com

Who are the executives of Deepstream Ministries Inc and what are their salaries?

The average compensation at Deepstream Ministries Inc during 2022 was $36,778. There are 2 employees and 85 volunteers at Deepstream Ministries Inc.


Here are 5 key members and their salaries:


Mark D Schmidt (President)
  • Compensation: $36,778
  • Related: $0
  • Other: $0
Gina M Schmidt (Vice President)
  • Compensation: $36,778
  • Related: $0
  • Other: $0
Stephen Jones (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Womack (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Johnston (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.educatebv.com

Where can I find the form 990 for Deepstream Ministries Inc?

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


Official website here: www.educatebv.com

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

Mission Statement of Deepstream Ministries Inc

Deepstream Ministries Inc is committed to enhancing the well-being of a small Guatemalan village named Buena Vista. Their mission is threefold, encompassing the spiritual, educational, emotional, and social development of families residing in this community. This holistic approach is grounded in their faith in Jesus and the Deepstream Way of living.

The organization's primary focus is on the future leaders of Buena Vista. Deepstream Ministries Inc invests in the spiritual, mental, and physical growth of young men and women through various programs. These initiatives include a middle school/basico program, The Gateway Program, a milk/nutrition program, faith-based teaching and training, health and hygiene seminars, classes for new mothers, and community park and team dorms.

Furthermore, Deepstream Ministries Inc built a multi-use facility for the underprivileged individuals of Buena Vista. This facility serves as the home for the Educate Buena Vista Project, which aims to uplift the community as a whole. Through these initiatives, Deepstream Ministries Inc seeks to improve the lives of families in Buena Vista, fostering an environment that nurtures their spiritual, educational, emotional, and social needs.

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Impact




July, 2024

Deepstream Ministries Inc's impact can be seen in the transformation of Buena Vista, a small Guatemalan village, through their holistic approach to improve the spiritual, educational, emotional, mental, and social environment for families. Their focus on training the future leaders of Buena Vista in spiritual, mental, and physical aspects demonstrates their commitment to sustainable change. The organization's Basico program provides essential education resources including classrooms, a computer lab, auditorium, and more, enhancing the learning experience for middle school students. By also offering programs like the Gateway Program, the Milk/Nutrition Program, faith-based teaching, and health seminars, Deepstream Ministries Inc is actively serving and uplifting the community in Buena Vista. Their dedication to serving underprivileged individuals and building facilities for educational projects reflects their mission to create a positive impact in the lives of those they serve.




This information is meant to be a general summary of Deepstream Ministries 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
$570,330 (2022)
Expenses
$601,468 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $97
  • Program Service Revenue: $48,781
  • Gross Receipts: $570,330

Assets and Liabilities:

  • Total Assets: $1,660,049
  • Total Liabilities: $0
  • Net Assets: $1,660,049

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

CRASHLEATHER INITIATIV

Revenue

$48,781

Organization Details

Founding Year

2005

Principal Officer

Steve Jones

Main Address

1765 E NINE MILE RD STE 1 389, PENSACOLA, FL, 32514

NTEE Category

Code: P46 - Human services

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