Overview
What is Book Of Mormon Central?
Book of Mormon Central is a nonprofit organization based in American Fork, Utah. Their primary focus is on conducting historical research and providing relevant information. Their mission includes delving into the ancient past, drawing from various sources to expand understanding of the Book of Mormon and its historical context. With a specific location in Utah, they contribute to the field of historical research, offering valuable insights to those interested in the subject.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 62% (Two-Star out of Four Star rating)
Book Of Mormon Central has received a Two-Star rating from Charity Navigator, indicating some concerns regarding its accountability and financial transparency. The organization has a low score in several key areas, such as having no independent board members and missing essential policies like conflict of interest and whistleblower protections. These factors contribute to its overall score of 62%, suggesting that there is room for improvement in governance practices.
On a positive note, the nonprofit demonstrates a strong program expense ratio of 88.40%, indicating that the majority of its funds are directed towards its programs rather than administrative costs. Additionally, it has an impressive liabilities to assets ratio of 5.99%, which suggests sound financial health. With a working capital ratio of 1.91 years, the organization appears to have sufficient resources to cover its obligations in the near term.
Despite these strengths, the lack of independent oversight and transparency in financial documentation raises significant concerns for potential donors. The absence of a conflict of interest policy and other governance documents could undermine trust and accountability. Overall, while Book Of Mormon Central shows promise in its programmatic spending, it must address its governance deficiencies to enhance its ratings and strengthen donor confidence.
This AI summary has been generated from information found on Charity Navigator.
Is Book Of Mormon Central legitimate?
Book Of Mormon Central is a legitimate nonprofit organization registered as a 501(c)(3) entity. Book Of Mormon Central 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: $1,871,283
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What is the mission statement of Book Of Mormon Central?
Book of Mormon Central, as an organization, is dedicated to conducting historical research and disseminating related information. Their mission involves delving into historical data to provide insights and promote understanding. The organization's activities revolve around advancing knowledge and fostering a deeper appreciation of historical contexts, particularly with regards to the Book of Mormon. They aim to serve as a reliable source of information for individuals interested in historical research, offering a wealth of data for scholarly analysis and personal exploration.
Who is the CEO of Book Of Mormon Central?
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What is the revenue of Book Of Mormon Central?
Book Of Mormon Central's revenue in 2022 was $6,007,022.
Who are the executives of Book Of Mormon Central and what are their salaries?
Here are 8 key members and their salaries:
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Where can I find the form 990 for Book Of Mormon Central?
Book Of Mormon Central's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Book Of Mormon Central
Book of Mormon Central is a nonprofit organization that is dedicated to providing historical research and information. Their mission is to delve into the historical context of the Book of Mormon, a holy text in the Latter-day Saint religion. By conducting extensive research and sharing their findings, this organization aims to foster a deeper understanding of this religious text and its historical significance. They strive to create a platform where individuals can explore the historical background of the Book of Mormon, thereby enriching their religious experience and fostering a broader perspective on this sacred text. Their work is centered around providing historical research and information in an accessible and engaging manner, making it an invaluable resource for those interested in the Book of Mormon and its historical context.
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Impact
October, 2024
Book Of Mormon Central significantly impacts the understanding of the Book of Mormon by providing comprehensive historical research and information related to its text and context. Located in American Fork, UT, the organization aims to enhance scholarship and accessibility to resources that illuminate the scriptures. By offering a wealth of knowledge, it enriches the study experience for both individuals and scholars, fostering a deeper engagement with the religious text. The insights and research it disseminates help bridge gaps in understanding, contributing to ongoing discussions within the faith community and beyond.
This information is meant to be a general summary of Book Of Mormon Central. 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: $27,018
- Gross Receipts: $6,007,022
Assets and Liabilities:
- Total Assets: $5,623,754
- Total Liabilities: $336,927
- Net Assets: $5,286,827
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Organization Details
Founding Year
2007
Phone
(801) 473-6405Main Address
553 E 100 N, AMERICAN FORK, UT, 84003
NTEE Category
Code: X99 - Religion related
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