Overview
What is Verse By Verse Ministry International Inc?
Verse By Verse Ministry International Inc is a nonprofit organization situated in San Antonio, Texas. With a focus on Bible study, this Christian ministry aims to teach the Scriptures systematically, delving into the historical and theological context. Their primary objective is twofold: to persuade non-believers of the authenticity of the Gospel and to prepare believers for their role in ministry. They operate with a team of nine dedicated individuals, fostering a community that promotes the clear and bold preaching of God's Word. The ministry is non-denominational and unaffiliated, welcoming individuals from various backgrounds to join their mission.
Official website here: www.versebyverseministry.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement, 73%)
Verse By Verse Ministry International Inc has received a two-star rating from Charity Navigator, indicating that the organization is in need of improvement. The overall score of 73% suggests that while the nonprofit meets certain standards, there are areas that require attention to enhance its accountability and financial health.
The organization demonstrates noteworthy strengths, including a fully independent board, which scored 8 out of 8 points for majority independent members. They also show good financial management practices, with a perfect score in the material diversion of assets and liabilities to assets ratio. However, their program expense ratio suggests that a smaller portion of their expenses is dedicated to program services, which may be a concern for potential donors.
Despite solid governance practices, some areas still need enhancement to achieve a higher rating. The financial transparency and allocation of resources could be improved, as indicated by the overall assessment. Overall, while Verse By Verse Ministry International Inc maintains a competent structure, it should focus on refining its financial practices and maximizing its program expenditures to better serve its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Verse By Verse Ministry International Inc legitimate?
Verse By Verse Ministry International Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Verse By Verse Ministry International 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: $345,559
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.versebyverseministry.org
What is the mission statement of Verse By Verse Ministry International Inc?
Verse By Verse Ministry International is a non-profit, non-denominational organization with a strong Christian focus. Their primary mission is to promote the preaching and teaching of the Bible, presenting it in its historical and theological context. Their goal is twofold: to convince unbelievers of the truth of the Gospel and to empower believers for their role in ministry. By doing so, they aim to equip believers with a solid understanding of God's Word, enabling them to effectively serve their communities and spread the Christian faith.
Official website here: www.versebyverseministry.org
Who is the CEO of Verse By Verse Ministry International Inc?
James E Rowland is the President of Verse By Verse Ministry International Inc.
Official website here: www.versebyverseministry.org
What is the revenue of Verse By Verse Ministry International Inc?
Verse By Verse Ministry International Inc's revenue in 2022 was $990,763.
Official website here: www.versebyverseministry.org
Who are the executives of Verse By Verse Ministry International Inc and what are their salaries?
The average compensation at Verse By Verse Ministry International Inc during 2022 was $38,395. There are 9 employees and 50 volunteers at Verse By Verse Ministry International Inc.
Here are 4 key members and their salaries:
- Compensation: $98,850
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.versebyverseministry.org
Where can I find the form 990 for Verse By Verse Ministry International Inc?
Verse By Verse Ministry International Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.versebyverseministry.org
Learn more at the official website: www.versebyverseministry.org
Mission Statement of Verse By Verse Ministry International Inc
Verse By Verse Ministry International is a non-profit, non-denominational, and unaffiliated Christian organization committed to advocating for the dissemination of God's Word with clarity and boldness. They strive to present the study of the Scriptures in their historical and theological context, with the ultimate goal of convincing unbelievers of the truth of the Gospel and supporting believers in their role in ministry. The ministry's purpose is twofold: first, to persuade individuals who have yet to embrace faith in the Gospel, and second, to empower believers with the necessary tools and knowledge to carry out their ministry work effectively.
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Impact
October, 2024
Verse By Verse Ministry International Inc has made a significant impact by promoting a thorough understanding of the Bible through systematic teaching. By working through the books of the Bible in a clear and methodical manner, the ministry aims to present God's Word in its historical and theological context. This approach serves two primary purposes: to persuade those who may not yet believe in the Gospel and to equip believers with the knowledge and understanding necessary for effective ministry.
The organization emphasizes bold, clear preaching and teaching, focusing on the transformative power of Scripture. By doing so, it fosters a deeper spiritual insight among its audience, encouraging personal growth in faith and understanding. Additionally, it supports a community of believers who are better prepared to engage with others and share their faith, creating a ripple effect that extends the ministry's influence beyond its immediate reach.
Located in San Antonio, Texas, the ministry’s dedication to teaching has provided resources and support for individuals and churches alike, nurturing an environment where the Bible is not just read but deeply studied and applied in daily life. This impact is felt not only locally but also across broader Christian communities as individuals are trained to live out their faith more effectively.
This information is meant to be a general summary of Verse By Verse Ministry International 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: $219
- Program Service Revenue: $6,443
- Gross Receipts: $990,763
Assets and Liabilities:
- Total Assets: $1,458,872
- Total Liabilities: $11,316
- Net Assets: $1,447,556
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
923110
Revenue
$6,443
Organization Details
Founding Year
2008
Principal Officer
James E Rowland
Main Address
PO Box 702107, San Antonio, TX, 78270
Website
www.versebyverseministry.orgNTEE Category
Code: T31 - Philanthropy
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