Overview
What is Word On Fire?
Word on Fire Catholic Ministries is a nonprofit global media organization, based unspecified, dedicated to supporting Bishop Robert Barron's work and reaching millions with the message to draw them towards or back to the Catholic faith through religious education.
Official website here: www.wordonfire.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 97% (Four-Star out of Four Star rating)
Word On Fire has achieved a remarkable 97% score on Charity Navigator, reflecting its strong accountability and financial practices. The organization demonstrates a commitment to transparency and effective governance, evidenced by a fully independent board and a comprehensive set of policies regarding conflict of interest, whistleblowing, and document retention.
The nonprofit excels in financial health, maintaining an impressive program expense ratio of 77%, which indicates that a significant portion of its resources is directed towards its mission. Additionally, the fundraising efficiency ratio is notably low at $0.07 per dollar raised, highlighting its capacity to manage fundraising costs effectively. It also boasts a low liabilities to assets ratio of 7.51%, reinforcing its financial stability.
While Word On Fire shows significant strengths, the data does not indicate any specific limitations or areas of concern. Overall, the organization's high rating underscores its dedication to fiscal responsibility and effective governance practices, making it a trustworthy choice for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Word On Fire legitimate?
Word On Fire is a legitimate nonprofit organization registered as a 501(c)(3) entity. Word On Fire 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: $1,190,871
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,813,026
For more financial information, click here
Official website here: www.wordonfire.org
What is the mission statement of Word On Fire?
Word on Fire is a nonprofit global media apostolate dedicated to religious education. Its mission is to support the work that reaches out to millions, inviting them towards or back to the Catholic faith. This organization functions as a catalyst, fostering a deeper connection with the faith through various means.
Official website here: www.wordonfire.org
Who is the CEO of Word On Fire?
Father Steve Grunow is the President of Word On Fire.
Official website here: www.wordonfire.org
What is the revenue of Word On Fire?
Word On Fire's revenue in 2022 was $13,917,766.
Official website here: www.wordonfire.org
Who are the executives of Word On Fire and what are their salaries?
The average compensation at Word On Fire during 2022 was $86,274. There are 58 employees at Word On Fire.
Here are 18 key members and their salaries:
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- Compensation: $161,854
- Related: $0
- Other: $1,691
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- Compensation: $58,783
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- Other: $1,691
- Compensation: $41,107
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- Compensation: $163,000
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- Compensation: $131,985
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- Compensation: $130,502
- Related: $0
- Other: $274
- Compensation: $151,281
- Related: $0
- Other: $5,435
- Compensation: $124,031
- Related: $0
- Other: $341
- Compensation: $118,088
- Related: $0
- Other: $5,406
- Compensation: $110,241
- Related: $0
- Other: $5,435
Official website here: www.wordonfire.org
Where can I find the form 990 for Word On Fire?
Word On Fire's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.wordonfire.org
Learn more at the official website: www.wordonfire.org
Mission Statement of Word On Fire
Word On Fire is a global media apostolate and a nonprofit organization that supports Bishop Robert Barron's work in reaching out to millions of people and drawing them towards or back to the Catholic faith. This religious education initiative aims to make a significant impact on people's spiritual journeys by providing valuable and inspiring content.
Word On Fire Catholic Ministries is dedicated to spreading the teachings and values of the Catholic faith through various media platforms. By collaborating with Bishop Barron, they have managed to engage and captivate audiences worldwide. Their mission is to share the beauty, wisdom, and relevance of the Catholic faith with those seeking spiritual growth or reconnection. Through their efforts, they have touched the lives of countless individuals, helping them deepen their faith and strengthen their spiritual foundation.
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Impact
October, 2024
Word On Fire significantly impacts the landscape of religious education and engagement within the Catholic community. Through the dynamic and innovative leadership of Bishop Robert Barron, it reaches millions worldwide, providing resources that invite individuals to explore, embrace, or rediscover the Catholic faith. By utilizing modern media and technology, Word On Fire effectively engages a diverse audience, making theological teachings accessible and relatable. This outreach not only fosters deeper understanding among existing believers but also draws those outside the faith, encouraging exploration and dialogue about Catholicism in today’s context. Its commitment to spreading the message of faith has made it a vital resource for spiritual growth and renewal in the Church.
This information is meant to be a general summary of Word On Fire. 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: $1,110,819
- Gross Receipts: $21,907,400
Assets and Liabilities:
- Total Assets: $28,188,890
- Total Liabilities: $801,139
- Net Assets: $27,387,751
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Organization Details
Founding Year
2007
Phone
(847) 380-5573Principal Officer
Father Steve Grunow
Main Address
25 NW POINT BLVD, ELK GROVE VILLAGE, IL, 60007
Website
www.wordonfire.orgNTEE Category
Code: X81 - Religion related
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