Overview
What is Converting Hearts Ministries Inc?
Converting Hearts Ministries Inc is a nonprofit organization based in Creedmoor, North Carolina. Their mission is to rescue men from addictions, offering a rehabilitation program that provides an opportunity for over 36 residential men and families each year. With a team of six dedicated individuals, the organization aims to change the lives of those struggling with addiction, providing them with a fresh start and a chance to live a better life.
Official website here: www.convertinghearts.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 76% (Three-Star out of Four Star rating)
Converting Hearts Ministries Inc has received a 76% rating from Charity Navigator, reflecting a focus on accountability and finance. The organization boasts a fully independent board, which is a positive indicator of governance and transparency. Additionally, the charity has demonstrated diligence in managing its finances, with a low liabilities to assets ratio and a substantial program expense ratio, suggesting that a significant portion of its resources is directed towards its mission.
However, there are notable limitations in the organization's accountability practices. The absence of a conflict of interest policy and a whistleblower policy, along with missing documentation for retention and destruction, are areas that could benefit from improvement. These factors contribute to the overall score, indicating that while the charity performs well in certain financial aspects, it needs to enhance its governance protocols to bolster its accountability framework.
Overall, Converting Hearts Ministries Inc shows strengths in financial management and governance structure, but it would gain from addressing the gaps in its policy documentation and transparency measures. Such improvements could elevate its rating and build greater trust among its stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Converting Hearts Ministries Inc legitimate?
Converting Hearts Ministries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Converting Hearts 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: $118,000
For more financial information, click here
Official website here: www.convertinghearts.org
What is the mission statement of Converting Hearts Ministries Inc?
The mission of Converting Hearts Ministries Inc is focused on rescuing men from the grips of addiction for life. This organization provides a rehabilitation program as an opportunity for men to break free from their addictions and start anew. In the current year, they have assisted over 36 residential men and families in their recovery journey.
Official website here: www.convertinghearts.org
Who is the CEO of Converting Hearts Ministries Inc?
Carlton W Edwards Ii is the Chairman of Converting Hearts Ministries Inc.
Official website here: www.convertinghearts.org
What is the revenue of Converting Hearts Ministries Inc?
Converting Hearts Ministries Inc's revenue in 2022 was $293,133.
Official website here: www.convertinghearts.org
Who are the executives of Converting Hearts Ministries Inc and what are their salaries?
The average compensation at Converting Hearts Ministries Inc during 2022 was $19,667. There are 6 employees at Converting Hearts Ministries Inc.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Official website here: www.convertinghearts.org
Where can I find the form 990 for Converting Hearts Ministries Inc?
Converting Hearts Ministries Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.convertinghearts.org
Learn more at the official website: www.convertinghearts.org
Mission Statement of Converting Hearts Ministries Inc
Converting Hearts Ministries, Inc. is a nonprofit organization dedicated to rescuing men from the grips of addiction for life. Their mission is to provide a rehabilitation program that offers an opportunity for men to turn their lives around. In the current year, they have extended this opportunity to over 36 residential men and families, aiming to help them break free from the chains of addiction and start anew.
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Impact
June, 2024
Converting Hearts Ministries Inc's impact can be seen in the lives of over 36 men and their families who have been given the opportunity to participate in a rehabilitation program. By focusing on rescuing individuals from addictions for life, this organization is making a direct and tangible difference in the community of Creedmoor, NC. Through their efforts, they are addressing mental health challenges and providing a pathway towards a healthier and more fulfilling life for those in need.
This information is meant to be a general summary of Converting Hearts 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: $59
- Gross Receipts: $293,133
Assets and Liabilities:
- Total Assets: $321,147
- Total Liabilities: $1,801
- Net Assets: $319,346
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Organization Details
Founding Year
2007
Phone
(919) 529-6802Principal Officer
Carlton W Edwards Ii
Main Address
PO BOX 524, CREEDMOOR, NC, 27522
Website
www.convertinghearts.orgNTEE Category
Code: F20 - Mental health
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