Overview
What is Proverbs2717 Inc?
Proverbs2717 Inc, located in Duluth, Georgia, is a nonprofit organization dedicated to instructing and educating its members in a Christian approach to overcoming daily challenges. Through monthly meetings with business leaders, they provide a platform for members to prepare and handle various issues from a faith perspective. By doing so, Proverbs2717 Inc aims to make a positive impact on the community and bring honor and glory to God.
Official website here: www.ironsharpensiron.net
What are the reviews and ratings of this charity?
Charity Navigator Rating: 54%, One-Star out of Four Stars
Proverbs2717 Inc has received a One-Star rating from Charity Navigator, indicating significant concerns about its accountability and financial practices. The overall score of 54% reflects a sole focus on the Accountability & Finance beacon, which suggests that the organization may not be meeting key transparency and governance standards expected of nonprofits.
Strengths noted include a high program expense ratio of 100%, indicating that all funds are directed toward its programs. Additionally, the organization has a favorable liabilities to assets ratio, showing financial stability in this regard. However, the lack of independent board members and several missing policies raises red flags about governance practices and ethical oversight.
Limitations are prominent, particularly around governance indicators. The organization scored zero for aspects such as having a conflict of interest policy, whistleblower protection, and documenting board meeting minutes. These deficiencies reveal a potential lack of commitment to maintaining accountability and transparency, which are critical for building trust with donors and the community.
This AI summary has been generated from information found on Charity Navigator.
Is Proverbs2717 Inc legitimate?
Proverbs2717 Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Proverbs2717 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
Official website here: www.ironsharpensiron.net
What is the mission statement of Proverbs2717 Inc?
Proverbs2717 Inc's mission is centered around educating and preparing its members in a Christian context, equipping them to manage daily challenges. By doing so, the organization aims to make a positive impact on the community and bring honor and glory to God. Through monthly meetings of business leaders, Proverbs2717 Inc provides a platform for its members to learn and grow in their faith while handling life's complexities in a Christ-like manner.
Official website here: www.ironsharpensiron.net
Who is the CEO of Proverbs2717 Inc?
Michael E Townsend is the Secretary of Proverbs2717 Inc. The CEO's salary of Proverbs2717 Inc is $0 and their total compensation is $0.
Official website here: www.ironsharpensiron.net
What is the revenue of Proverbs2717 Inc?
Proverbs2717 Inc's revenue in 2022 was $513,092.
Official website here: www.ironsharpensiron.net
Who are the executives of Proverbs2717 Inc and what are their salaries?
Here are 5 key members and their salaries (Proverbs2717 Inc's CEO's salary is $0 and their total compensation is $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
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.ironsharpensiron.net
Where can I find the form 990 for Proverbs2717 Inc?
Proverbs2717 Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ironsharpensiron.net
Learn more at the official website: www.ironsharpensiron.net
Mission Statement of Proverbs2717 Inc
Proverbs2717 Inc, a nonprofit organization, is committed to instructing and educating its members in a Christian approach to handling daily problems. By doing so, the organization aspires to make a statement to the community and bring honor and glory to God. The mission of Proverbs2717 Inc is twofold. Firstly, it aims to equip its members with the necessary skills and perspective to navigate life's challenges in a way that aligns with Christian values. Secondly, this mission serves as a testament to the community, demonstrating the organization's commitment to faith and its members' dedication to living by these principles. Proverbs2717 Inc achieves this mission through monthly meetings of business leaders, providing a platform for members to learn, share, and grow together in a Christian context.
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Impact
July, 2024
Proverbs2717 Inc has a significant impact by instructing, educating, and equipping members with a Christian approach to handling daily problems. Through their monthly meetings of business leaders, they not only empower individuals but also make a statement to the community about their faith and commitment to bringing honor and glory to God. Their work resonates with those seeking guidance through a religious lens, fostering personal growth and community connection based on shared values and beliefs.
This information is meant to be a general summary of Proverbs2717 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.
- Program Service Revenue: $367,275
- Gross Receipts: $513,092
Assets and Liabilities:
- Total Assets: $59,301
- Total Liabilities: $17,749
- Net Assets: $41,552
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$290,600
LIFEWORK
Revenue
$39,575
SEMINAR
Revenue
$37,100
Organization Details
Founding Year
2008
Phone
(678) 474-4601Principal Officer
Michael E Townsend
Main Address
2170 SATELLITE BLVD SUITE 175, DULUTH, GA, 30097
Website
www.ironsharpensiron.netNTEE Category
Code: X20 - Religion related
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