Overview
What is Waterhose Ministries Inc?
Waterhose Ministries Inc, situated in Lubbock, Texas, is a nonprofit organization with a mission to foster spiritual growth within its local community and globally. Their primary objective is to conduct local church services and encourage the Christian community. Additionally, they are committed to supporting international pastors and church leaders by training them to spread the gospel in their respective nations. This is complemented by demonstrating God's love through providing ministry and service opportunities to local churches through short-term missions. The organization's activities are geared towards teaching and serving, aiming to strengthen the Christian community both domestically and internationally.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement) - Overall score: 73%
Waterhose Ministries Inc has received a rating indicating that it needs improvement, with an overall score of 73%. The nonprofit demonstrates strong accountability in certain areas, achieving full points for the majority of its board being independent, the size of the board, and its liability-to-assets ratio. Additionally, it has a solid program expense ratio, indicating that a significant portion of its funds is directed towards its programs.
However, the organization has notable weaknesses that impact its overall rating. Missing policies, such as those for conflict of interest and whistleblowing, have contributed to its lower score in accountability and finance. Furthermore, the absence of a documented retention and destruction policy, along with a tax form not posted on the nonprofit's website, raises concerns regarding transparency and governance practices.
Overall, while Waterhose Ministries Inc demonstrates strengths in financial management and board independence, it must address its policy deficiencies to improve its accountability and enhance donor confidence.
This AI summary has been generated from information found on Charity Navigator.
Is Waterhose Ministries Inc legitimate?
Waterhose Ministries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Waterhose 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: $55,129
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Waterhose Ministries Inc?
Waterhose Ministries Inc's mission is centered around training and encouraging international pastors and church leaders, empowering them to spread the gospel in their respective nations. The organization also aims to demonstrate God's love by offering ministry and service opportunities through short-term missions. Additionally, Waterhose Ministries provides a teaching and service-oriented ministry to encourage and strengthen the body of Christ within local communities and abroad. Their activities are designed to build and support the local church, fostering growth and unity in faith.
Who is the CEO of Waterhose Ministries Inc?
James R Riggin is the Member of Waterhose Ministries Inc.
What is the revenue of Waterhose Ministries Inc?
Waterhose Ministries Inc's revenue in 2022 was $113,726.
Who are the executives of Waterhose Ministries Inc and what are their salaries?
Here are 6 key members and their salaries:
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- Compensation: $25,129
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- Other: $30,000
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Where can I find the form 990 for Waterhose Ministries Inc?
Waterhose Ministries Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Waterhose Ministries Inc
Waterhose Ministries Inc is dedicated to fulfilling a twofold mission. Primarily, the organization aims to educate and inspire international pastors and church leaders, encouraging them to share the gospel within their respective nations. This is achieved through a teaching-oriented ministry that seeks to build and strengthen the Christian community both locally and abroad.
Secondly, Waterhose Ministries Inc offers service opportunities to local churches through short-term missions. This dual approach allows the organization to demonstrate God's love through practical actions, fostering a sense of unity and community among believers. By providing these opportunities, Waterhose Ministries Inc aims to encourage spiritual growth and strengthen the body of Christ within the local community and beyond.
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Impact
October, 2024
Waterhose Ministries Inc significantly impacts both local and international communities by conducting church services and fostering a teaching and service-oriented ministry. In Lubbock, TX, and beyond, it encourages and builds the body of Christ, creating a supportive environment for spiritual growth.
The organization focuses on training and empowering international pastors and church leaders to effectively reach their own nations with the Gospel. This mission not only strengthens the local church but also contributes to the global outreach of Christian teachings.
Additionally, Waterhose Ministries demonstrates God's love through various ministry and service opportunities, particularly through short-term missions, which create bridges of support and encourage collaboration among churches. This multifaceted approach helps to cultivate faith, community involvement, and global connections within the Christian community.
This information is meant to be a general summary of Waterhose 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $113,726
Assets and Liabilities:
- Total Assets: $46,446
- Total Liabilities: $746
- Net Assets: $45,700
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Organization Details
Founding Year
2007
Phone
(806) 687-0665Principal Officer
James R Riggin
Main Address
6405 95TH ST, LUBBOCK, TX, 79424
NTEE Category
Code: X192 - Religion related
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