Overview
What is Destiny Ministries Inc?
Destiny Ministries Inc, located in Jacksonville, Florida, is a nonprofit organization with a global reach, extending its services to various countries such as England, New Zealand, Australia, Albania, Holland, South Africa, Ghana, and others. The primary mission of DM is to foster a deeper spiritual connection with Jesus Christ. They achieve this by supplying books and CDs containing inspirational messages to individuals, home groups, and home churches. Additionally, DM aims to support struggling churches and initiate new ones overseas. With a team of five dedicated employees, they are committed to spreading information that emphasizes a more profound life commitment to Christ.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 23%
Destiny Ministries Inc has received a zero-star rating, indicating significant concerns regarding its accountability and financial practices. The organization scored only 23% overall, reflecting a lack of essential policies and transparency measures. Although it has a majority of independent board members, other areas such as its independent board size and missing key governance policies have heavily impacted its rating.
The organization demonstrates a commitment to preventing material diversion of assets, which is a positive aspect noted in its evaluation. However, the absence of a conflict of interest policy, whistleblower policy, and proper documentation retention strategies raises serious issues regarding its governance and operational integrity. Furthermore, the charity's program expense ratio is quite low at 19.55%, suggesting that a minimal portion of its funds is being directed towards its programs.
Overall, the low rating from Charity Navigator signifies that Destiny Ministries Inc may require substantial improvements in its financial management and organizational transparency to build trust and effectively serve its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Destiny Ministries Inc legitimate?
Destiny Ministries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Destiny 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: $30,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $24,362
For more financial information, click here
What is the mission statement of Destiny Ministries Inc?
Destiny Ministries Inc's mission is centered around providing resources to foster a deeper commitment with Christ. This encompasses offering assistance to struggling local churches and initiatives to establish new churches abroad. The organization's primary goal is to distribute educational materials, such as books and CDs, to individuals and groups in various countries, including the United States, England, New Zealand, Australia, Albania, Holland, South Africa, and Ghana, among others. These resources aim to support their spiritual journey with Jesus Christ.
Who is the CEO of Destiny Ministries Inc?
Eugene Edwards is the President of Destiny Ministries Inc.
What is the revenue of Destiny Ministries Inc?
Destiny Ministries Inc's revenue in 2022 was $70,558.
Who are the executives of Destiny Ministries Inc and what are their salaries?
The average compensation at Destiny Ministries Inc during 2022 was $10,872. There are 5 employees at Destiny Ministries Inc.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990 for Destiny Ministries Inc?
Destiny Ministries Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Destiny Ministries Inc
Destiny Ministries Inc, a nonprofit organization, is dedicated to promoting a deeper commitment to Christ. They achieve this mission by providing informative resources to both struggling churches within the country and initiatives to establish new churches abroad. The organization's primary goal is to assist individuals and communities in their spiritual journey, facilitating a deeper understanding and connection with Jesus Christ.
Destiny Ministries Inc achieves this objective through various means. They collaborate with home groups, home churches, and individual Christians, providing them with a wealth of resources such as books and CDs containing inspirational messages. These resources serve as valuable tools in their pursuit of a more profound spiritual walk with Christ. By extending these services to multiple countries, including England, New Zealand, Australia, Albania, Holland, South Africa, Ghana, and others, Destiny Ministries Inc extends its impact globally, fostering spiritual growth and unity within diverse Christian communities.
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Impact
August, 2024
Destiny Ministries Inc's impact is profound in fostering a deeper spiritual walk with Jesus Christ among individuals and churches both locally and internationally. By providing information, books, and CDs focused on a deeper life commitment with Christ, Destiny Ministries Inc is empowering Christians in countries like England, New Zealand, Australia, Albania, Holland, South Africa, Ghana, and more to strengthen their faith and build thriving church communities. Through their mission to assist struggling churches and support church planting efforts overseas, Destiny Ministries Inc is playing a significant role in spreading the message of Christ and nurturing spiritual growth around the world.
This information is meant to be a general summary of Destiny 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.
- Investment Income: $568
- Gross Receipts: $70,558
Assets and Liabilities:
- Total Assets: $539,447
- Total Liabilities: $21,330
- Net Assets: $518,117
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Organization Details
Founding Year
1986
Principal Officer
Eugene Edwards
Main Address
3545 ST JOHNS BLUFF RD S STE PMB302, JACKSONVILLE, FL, 32224
NTEE Category
Code: X21Z - Religion related
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