Overview
What is Ministry Village At Olive Inc?
Ministry Village At Olive Inc is a nonprofit organization based in Pensacola, Florida, with a focus on addressing under-served community needs. This includes providing support for emotional, financial, mental, physical, spiritual, and vocational aspects. Their mission is to increase access to resources for individuals in need, aiming to make a positive impact on various aspects of their lives. The organization employs 74 individuals, demonstrating its commitment to its cause and the community it serves.
Official website here: www.ministryvillage.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77% (Three-Star out of Four Stars)
Ministry Village At Olive Inc has received a Three-Star rating from Charity Navigator, indicating a moderate level of accountability and financial health. The overall score is derived solely from the Accountability & Finance beacon, reflecting the organization's commitment to transparency and responsible financial management. Their board is fully independent, and there have been no significant issues with asset diversion, contributing positively to their financial credibility.
The organization excels in several key areas, including program expense ratio, which shows that 89.22% of its expenses are directed towards its charitable programs. Additionally, it demonstrates strong practices in board governance, as evidenced by the distribution of tax forms to board members before filing and the maintenance of meeting minutes. However, it is noted that certain policies, such as those regarding whistleblowers and document retention, are missing, which could be areas for improvement.
Despite its strengths, the organization faces challenges in fundraising efficiency, with a very low ratio of $0.002 raised per dollar spent on fundraising, suggesting that more effective strategies could be developed to enhance resource mobilization. The working capital ratio indicates a satisfactory ability to cover short-term liabilities, but ongoing efforts to bolster financial sustainability would further benefit the organization’s mission.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Ministry Village At Olive Inc?
100% of reviewers express a positive sentiment towards Ministry Village At Olive Inc on Facebook. Here is a brief overview of their comments:
The organization is viewed as a vital resource within the community, particularly for those who are less fortunate. Reviewers appreciate the ministry's outreach efforts, highlighting its role in providing support during times of crisis. The work done at Ministry Village is seen as an important extension of Olive Baptist Church's commitment to helping those in need.
Overall, there's a strong consensus that this nonprofit effectively fulfills its mission of serving the community and making a meaningful impact in people's lives during challenging circumstances.
This AI summary has been generated from reviews found on Facebook.
Is Ministry Village At Olive Inc legitimate?
Ministry Village At Olive Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ministry Village At Olive 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: $71,776
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,432,609
For more financial information, click here
Official website here: www.ministryvillage.org
What is the mission statement of Ministry Village At Olive Inc?
Ministry Village At Olive Inc's mission revolves around providing access to people in under-served communities who have needs in various areas. This encompasses emotional, financial, mental, physical, spiritual, and vocational assistance. The organization aims to bridge the gap in these essential areas, ensuring that everyone has the opportunity to lead a fulfilling life, regardless of their circumstances. They strive to empower and support individuals in their communities, working towards a more equitable society for all.
Official website here: www.ministryvillage.org
Who is the CEO of Ministry Village At Olive Inc?
Drayton Smith is the Executive Di of Ministry Village At Olive Inc.
Official website here: www.ministryvillage.org
What is the revenue of Ministry Village At Olive Inc?
Ministry Village At Olive Inc's revenue in 2023 was $2,931,809.
Official website here: www.ministryvillage.org
Who are the executives of Ministry Village At Olive Inc and what are their salaries?
The average compensation at Ministry Village At Olive Inc during 2023 was $20,330. There are 74 employees and 100 volunteers at Ministry Village At Olive Inc.
Here are 13 key members and their salaries:
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Official website here: www.ministryvillage.org
Where can I find the form 990 for Ministry Village At Olive Inc?
Ministry Village At Olive Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.ministryvillage.org
Learn more at the official website: www.ministryvillage.org
Mission Statement of Ministry Village At Olive Inc
Ministry Village At Olive Inc is a mission-driven organization dedicated to increasing access for individuals in underserved communities, addressing various needs such as emotional, financial, mental, physical, spiritual, and vocational issues. The nonprofit's primary goal is to ensure that those who are often overlooked or lacking resources receive the support they need to improve their lives.
In a proactive approach, Ministry Village At Olive Inc aims to bridge the gap in community services, offering assistance in a wide range of areas. By addressing both immediate and long-term needs, this organization seeks to empower individuals to rise above their circumstances and build a better future for themselves.
To achieve this mission, Ministry Village At Olive Inc focuses on providing holistic support, addressing not just the physical or financial needs of its clients but also their emotional and spiritual well-being. This comprehensive approach is designed to foster resilience and self-sufficiency among its beneficiaries, enabling them to overcome the challenges they face and lead fulfilling lives.
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Impact
June, 2024
Ministry Village At Olive Inc has a significant impact on the under-served community needs in Pensacola, FL. The organization works tirelessly to increase access to people dealing with emotional, financial, mental, physical, spiritual, and vocational challenges. Through their mission, Ministry Village At Olive Inc addresses a wide range of issues faced by individuals in the community, making a positive difference in the lives of those they serve. Their focus on mental health further highlights their commitment to holistic well-being and support for those in need.
This information is meant to be a general summary of Ministry Village At Olive 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 2023.
- Investment Income: $144
- Program Service Revenue: $1,441,387
- Gross Receipts: $2,954,292
Assets and Liabilities:
- Total Assets: $3,028,428
- Total Liabilities: $1,395,358
- Net Assets: $1,633,070
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EARLY LEARNING CENTER
Revenue
$1,090,120
BC SALES
Revenue
$339,471
CHARIS HOUSE PARTICIP. FEES
Revenue
$11,796
Organization Details
Founding Year
2008
Phone
(850) 475-1106Principal Officer
Drayton Smith
Main Address
1716 E OLIVE ROAD, PENSACOLA, FL, 32514
Website
www.ministryvillage.orgNTEE Category
Code: F22 - Mental health
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