Overview
What is Kbc Ministries Inc?
Kbc Ministries Inc is a nonprofit organization situated in Spring, Texas, primarily focused on providing support to Kishenev Bible Church, a seminary, and missionaries in Chisinau, Moldova, as well as other regions in Eastern Europe. The organization derives its income entirely from public contributions. The majority of its funds, including those used during 2022, have been allocated to aid Ukrainian refugees transitioning through Moldova, covering essential expenses such as food, clothing, and transportation. Additionally, Kbc Ministries Inc offers various forms of assistance, including general support, programs for children, medical supplies, and financial aid, to the Kishenev Bible Church and seminary, as well as the missionaries working in the region.
Official website here: www.moldova.ministryhome.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating 77% - Three-Star out of Four Star Rating
Kbc Ministries Inc has received a Three-Star rating from Charity Navigator, reflecting a solid score based entirely on Accountability & Finance. The organization demonstrates notable strengths, such as a fully independent board and a high program expense ratio, indicating that a significant portion of their resources is directed toward their programs and mission.
However, the rating also highlights some weaknesses, particularly the absence of financial statements and several key policies, including a whistleblower policy and document retention guidelines. These gaps may raise concerns regarding transparency and governance practices, despite the organization not facing any material diversion of assets.
Overall, while Kbc Ministries Inc exhibits strong financial stewardship and operational efficiency, addressing the noted limitations could enhance their accountability and overall rating in future assessments.
This AI summary has been generated from information found on Charity Navigator.
Is Kbc Ministries Inc legitimate?
Kbc Ministries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kbc 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: $32,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,750
For more financial information, click here
Official website here: www.moldova.ministryhome.org/
What is the mission statement of Kbc Ministries Inc?
Kbc Ministries Inc serves as a support organization, providing aid to Kishinev Bible Church, the Christian Seminary in Chisinau, Moldova, and various missionaries in the region. Their mission encompasses offering general support, facilitating programs for children, and providing medical supplies and financial assistance for various needs, including those of Ukrainian refugees. The organization's primary objective is to contribute to the betterment of these entities, ensuring they can carry out their religious and educational functions effectively. During 2022, a significant portion of their funds were allocated towards assisting Ukrainian refugees, providing them with essentials such as food, clothing, and transportation. While the organization's activities extend beyond Moldova, its primary focus remains on supporting communities in Eastern Europe.
Official website here: www.moldova.ministryhome.org/
Who is the CEO of Kbc Ministries Inc?
Cliff Oliver is the Director of Kbc Ministries Inc.
Official website here: www.moldova.ministryhome.org/
What is the revenue of Kbc Ministries Inc?
Kbc Ministries Inc's revenue in 2022 was $2,110,023.
Official website here: www.moldova.ministryhome.org/
Who are the executives of Kbc Ministries Inc and what are their salaries?
The average compensation at Kbc Ministries Inc during 2022 was $17,375. There are 2 employees and 2 volunteers at Kbc Ministries Inc.
Here are 3 key members and their salaries:
- Compensation: $32,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.moldova.ministryhome.org/
Where can I find the form 990 for Kbc Ministries Inc?
Kbc Ministries Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.moldova.ministryhome.org/
Learn more at the official website: www.moldova.ministryhome.org/
Mission Statement of Kbc Ministries Inc
Kbc Ministries Inc serves as a supporting organization for Kishinev Bible Church, a Christian seminary, and missionaries in various locations, including Chisinau, Moldova, and other parts of Eastern Europe. The primary mission of Kbc Ministries Inc is to provide general support, programs for children, medical supplies, and financial and other necessary aid to these entities. In 2022, a significant portion of their resources was allocated to assisting Ukrainian refugees passing through Moldova. The support included essentials such as food, clothing, and transportation costs. Although the mission of Kbc Ministries Inc extends beyond Ukraine, their recent efforts reflect their commitment to offering aid during times of need. The organization relies on public contributions for its income, ensuring that the majority of its funds are distributed to the supported entities.
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Impact
October, 2024
Kbc Ministries Inc. has made a significant impact through its support for the Kishinev Bible Church and the Christian Seminary in Chisinau, Moldova. It plays a crucial role in providing essential resources and assistance, particularly for children and Ukrainian refugees. In 2022, the organization directed a substantial portion of its funds to aid Ukrainian refugees in transit through Moldova, addressing urgent needs such as food, clothing, and transportation.
With a focus on community support, Kbc Ministries facilitates programs that not only uplift local congregations but also extend help to marginalized populations. Their ongoing commitment to assisting Ukrainian refugees exemplifies their adaptability and responsiveness to humanitarian crises, ensuring that critical support continues as needs evolve. By channeling resources and fostering partnerships within the region, Kbc Ministries Inc. contributes to building resilience and hope in a time of uncertainty for many affected by conflict and displacement.
This information is meant to be a general summary of Kbc 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.
- Gross Receipts: $2,110,023
Assets and Liabilities:
- Total Assets: $896,005
- Total Liabilities: $4,358
- Net Assets: $891,647
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Organization Details
Founding Year
2007
Phone
(210) 722-8728Principal Officer
Cliff Oliver
Main Address
23710 CREEKVIEW DR, SPRING, TX, 77389
NTEE Category
Code: Q123 - International
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