Overview
What is 68 Ministries Inc?
68 Ministries Inc is a nonprofit organization based in Saint Johns, Florida, with a focus on supporting and leading the Costa Rican community. Their mission is twofold: to offer aid to the impoverished, distressed, and underprivileged individuals in Costa Rica, and to educate the public on matters that benefit the community at large. With a team of five dedicated individuals, 68 Ministries Inc works tirelessly to fulfill its mission, striving to make a positive impact on the lives of those in need in Costa Rica.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement, 69%)
68 Ministries Inc has received a two-star rating from Charity Navigator, indicating a need for improvement in its transparency and governance practices. While the organization has a solid program expense ratio of 83.63%, suggesting a strong commitment to its mission, it falls short in several areas of accountability and finance. The organization boasts a 100% independent board, which is a positive aspect, as it indicates a commitment to unbiased oversight.
However, significant concerns arise from the lack of financial statements, as well as missing policies regarding conflict of interest, whistleblower protections, and document retention. These factors contributed to a low score in accountability and finance, ultimately impacting the overall rating. The absence of these essential documents may hinder stakeholder trust and limit the organization's perceived reliability.
In conclusion, while 68 Ministries Inc demonstrates dedication to its mission through high program expenses, it must address its governance shortcomings to improve its rating. Strengthening transparency and implementing necessary policies will be crucial for enhancing credibility and fostering donor confidence.
This AI summary has been generated from information found on Charity Navigator.
Is 68 Ministries Inc legitimate?
68 Ministries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. 68 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: $72,100
Professional Fundraising Fees: $0
Other Salaries and Wages: $133,150
For more financial information, click here
What is the mission statement of 68 Ministries Inc?
68 Ministries Inc is dedicated to serving the underprivileged and distressed population in Costa Rica. Their mission encompasses providing relief to those in need and educating the public on beneficial community topics. The organization's missionaries offer support and leadership, contributing to the betterment of the Costa Rican community. They aim to make a positive impact by addressing the needs of the poor and fostering public awareness on beneficial subjects.
Who is the CEO of 68 Ministries Inc?
Spencer Boulter is the President of 68 Ministries Inc.
What is the revenue of 68 Ministries Inc?
68 Ministries Inc's revenue in 2022 was $688,311.
Who are the executives of 68 Ministries Inc and what are their salaries?
The average compensation at 68 Ministries Inc during 2022 was $41,050. There are 5 employees and 100 volunteers at 68 Ministries Inc.
Here are 8 key members and their salaries:
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- Other: $0
- Compensation: $77,353
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for 68 Ministries Inc?
68 Ministries Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of 68 Ministries Inc
68 Ministries Inc, a charitable organization, is committed to aiding the impoverished and distressed individuals in Costa Rica. Their primary mission is twofold: to offer relief to those in need and to educate the public on topics that can positively impact their community. The organization's missionaries play a significant role in supporting and leading the Costa Rican population, working tirelessly to uplift and empower those who are less fortunate. By focusing on both relief efforts and community education, 68 Ministries Inc seeks to contribute to a more prosperous and enlightened society in Costa Rica.
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Impact
July, 2024
68 Ministries Inc's impact is significant in providing relief to the poor distressed and underprivileged in Costa Rica. Through their mission, they educate the public on subjects beneficial to the community, thus creating a positive and lasting impact on the lives of the Costa Rican people. The missionaries of 6:8 Ministries provide vital support and leadership, contributing to the well-being and development of the community. Their work in human services is essential for addressing the needs of the vulnerable populations in Costa Rica, making a valuable contribution to improving the quality of life in the region.
This information is meant to be a general summary of 68 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.
- Program Service Revenue: $438,814
- Gross Receipts: $688,311
Assets and Liabilities:
- Total Assets: $817,454
- Total Liabilities: -$157
- Net Assets: $817,611
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Missionaries
Revenue
$156,116
Mission Teams
Revenue
$178,442
Children's Ranch
Revenue
$40,318
Costa Rica Programs
Revenue
$63,938
Organization Details
Founding Year
2007
Phone
(904) 343-3321Principal Officer
Spencer Boulter
Main Address
205 JOHNS GLEN DR, SAINT JOHNS, FL, 322593200
NTEE Category
Code: P20 - Human services
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