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Joseph Storehouse 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: 205013990 ✦ Woodbridge, VA ✦ Designated as a 501(c)(3)

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Overview

What is Joseph Storehouse Ministries Inc?

Joseph Storehouse Ministries Inc is a nonprofit organization located in Woodbridge, Virginia. With a focus on Christian education, they provide a nurturing and learning environment for children aged between 3 weeks and 4 years. Their educational programs, such as ABEKA and High Reach, support teachers in language development for infants and toddlers. The organization also uses evaluation guidelines to identify academic and social strengths and weaknesses in children aged 16 months and older, providing individual attention to targeted areas. In 2022, they fully resumed their school functions. Additionally, Joseph Storehouse Ministries Inc utilizes grants to improve their facilities and contribute to educational initiatives, including sending missionaries abroad and supporting other ministries that educate children in Christian principles while providing essential needs.


Official website here: www.ccacademyva.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 54% (One-Star out of Four Stars)

Joseph Storehouse Ministries Inc has received a low rating of 54% from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. While the organization has a strong program expense ratio of 81.34%, highlighting effective allocation of funds towards its mission, it lacks essential governance policies such as conflict of interest and whistleblower policies, which raises questions about oversight and transparency.

The charity is also criticized for not having independent board members and for the absence of financial statements, which is a crucial component for donor trust and accountability. The lack of an independent board further diminishes its credibility, as it suggests a potential for conflicts of interest and a lack of diverse oversight.

On a positive note, the organization has demonstrated that it manages its assets responsibly, with a liabilities to assets ratio of 35.43%. However, the overall rating reflects a need for improvement in governance practices and financial transparency to enhance donor confidence and ensure long-term sustainability.


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

Is Joseph Storehouse Ministries Inc legitimate?

Joseph Storehouse Ministries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Joseph Storehouse 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $589,430

For more financial information, click here


Official website here: www.ccacademyva.com

What is the mission statement of Joseph Storehouse Ministries Inc?

Joseph Storehouse Ministries Inc's mission is centered around providing educational services, serving as an extension of families and homes. They partner with the community to create an optimal learning environment, focusing on nurturing and developing reading and math skills in income-challenged demographics. Additionally, the organization sends missionaries abroad and supports other ministries in educating children in Christian principles while providing them with essentials such as food and clothing. The ministry also aims to strengthen the family and church community by working together to promote learning and growth.


Official website here: www.ccacademyva.com

Who is the CEO of Joseph Storehouse Ministries Inc?

Deborah L Patten is the Chief Operat of Joseph Storehouse Ministries Inc.


Official website here: www.ccacademyva.com

What is the revenue of Joseph Storehouse Ministries Inc?

Joseph Storehouse Ministries Inc's revenue in 2022 was $2,567,253.


Official website here: www.ccacademyva.com

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

The average compensation at Joseph Storehouse Ministries Inc during 2022 was $9,356. There are 63 employees at Joseph Storehouse Ministries Inc.


Here are 4 key members and their salaries:


Deborah L Patten (Chief Operat)
  • Compensation: $58,400
  • Related: $0
  • Other: $0
Charles Bennett (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sonoell B Clark (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Macarthur Patten (Board Chairm)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ccacademyva.com

Where can I find the form 990 for Joseph Storehouse Ministries Inc?

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


Official website here: www.ccacademyva.com

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

Mission Statement of Joseph Storehouse Ministries Inc

Joseph Storehouse Ministries Inc is dedicated to providing a Christian-centered educational environment that serves as an extension of families and homes. The organization partners with families and church communities to create an optimal setting for nurturing and learning, particularly focusing on income-challenged demographics. Their educational materials aim to enhance reading and math skills for these children. Furthermore, Joseph Storehouse Ministries Inc extends its reach beyond the local community by sending missionaries abroad and supporting other ministries that provide food, clothing, and education to children, all while instilling Christian principles.

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Impact




October, 2024

Joseph Storehouse Ministries Inc significantly contributes to the educational landscape by providing holistic support for early childhood development through its Christian education programs. By serving children aged 3 weeks to 4 years, the organization fosters an optimal learning environment that values partnership with families and the church community.

Through the use of the ABEKA and High Reach programs, it equips educators to promote language development and essential skills in reading and math, particularly targeting income-challenged demographics. These initiatives ensure that children receive individualized attention, identifying and nurturing their academic and social strengths while addressing any areas that require additional support.

In 2022, the organization reinstated its full range of school functions, taking significant steps to enhance its facilities through grant funding. This improvement in academic access helps create a more conducive learning environment and underscores its commitment to providing educational resources tailored to the needs of its community.

Furthermore, Joseph Storehouse Ministries extends its impact beyond local education by sending missionaries abroad and supporting other ministries dedicated to feeding and clothing children while instilling Christian principles. This multi-faceted approach not only uplifts individual children but also contributes to broader community welfare and educational equity.




This information is meant to be a general summary of Joseph Storehouse 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
$2,567,253 (2022)
Expenses
$2,065,015 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$8,317
  • Program Service Revenue: $1,810,905
  • Gross Receipts: $2,575,570

Assets and Liabilities:

  • Total Assets: $1,034,254
  • Total Liabilities: $366,451
  • Net Assets: $667,803

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Programs

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

CCA 12368 LLC

Revenue

$728,228

CADC 2720 LLC

Revenue

$417,191

CCA 12354 LLC

Revenue

$372,454

CADC 1511 LLC

Revenue

$277,861

USDA REIMBURSEMENT

Revenue

$11,494

Organization Details

Founding Year

2006

Principal Officer

Deborah L Patten

Main Address

4004 GENESEE PLACE SUITE 209, WOODBRIDGE, VA, 22192

NTEE Category

Code: X21 - Religion related

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