Overview
What is Ok To Share Ministry Inc?
Ok To Share Ministry Inc is a nonprofit organization situated in Holdenville, Oklahoma. Their primary mission is to extend assistance to churches and economically disadvantaged individuals by offering home maintenance products at reduced prices. These products are either obtained through donations or purchased at a lower cost. The organization aims to make these essential items more accessible to those in need, contributing to their overall well-being.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 50%, One-Star out of Four Star rating.
Ok To Share Ministry Inc has received a low rating on Charity Navigator, indicating significant concerns in its accountability and financial practices. The organization scored 50% overall, reflecting a lack of independent board members and missing essential governance policies, which are critical for transparency and effective oversight.
Despite these weaknesses, the organization has demonstrated a strong commitment to its programs, achieving a 100% program expense ratio. This suggests that all of its expenses are directed towards its mission, an important strength that points to a focus on service delivery. However, the absence of critical governance measures raises questions about the effectiveness of its leadership.
The lack of posted documents, including board meeting minutes and tax forms, further affects the charity's transparency. With no conflict of interest or whistleblower policies in place, potential donors may have reservations about the organization’s operational integrity. Overall, while Ok To Share Ministry Inc is fully dedicated to its mission, significant improvements are necessary to enhance accountability and trust.
This AI summary has been generated from information found on Charity Navigator.
Is Ok To Share Ministry Inc legitimate?
Ok To Share Ministry Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ok To Share Ministry 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: $40,260
Professional Fundraising Fees: $0
Other Salaries and Wages: $147,140
For more financial information, click here
What is the mission statement of Ok To Share Ministry Inc?
The mission of Ok To Share Ministry Inc, as stated, is centered around providing home maintenance products at a reduced price to churches and individuals who are economically disadvantaged. These products are either obtained through donations or purchased at a lower cost. The organization's goal is to contribute to the well-being of these communities by making essential home maintenance items more accessible.
Who is the CEO of Ok To Share Ministry Inc?
Unavailable
What is the revenue of Ok To Share Ministry Inc?
Ok To Share Ministry Inc's revenue in 2020 was $488,797.
Who are the executives of Ok To Share Ministry Inc and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $40,260
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Ok To Share Ministry Inc?
Ok To Share Ministry Inc's most recent form 990 was submitted in 2020 and can be accessed here.
Mission Statement of Ok To Share Ministry Inc
Ok To Share Ministry Inc is a nonprofit organization with a mission to provide home maintenance products to churches and individuals who are economically disadvantaged at reduced prices. The organization sources these products either through donations or by purchasing them at lower costs. By doing so, Ok To Share Ministry Inc aims to make essential home maintenance items accessible to those who may not be able to afford them otherwise. This mission aligns with the organization's goal of helping vulnerable communities and faith-based institutions, thereby contributing to their well-being and improving their living conditions.
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Impact
July, 2024
Ok To Share Ministry Inc's impact can be seen in the positive difference it makes in the lives of churches and low-income individuals by providing home maintenance products at reduced prices. By offering these products, Ok To Share Ministry Inc helps these communities maintain and improve their living conditions, ultimately contributing to their well-being and quality of life. This not only supports the recipients directly but also strengthens the community as a whole.
This information is meant to be a general summary of Ok To Share Ministry 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 2020.
- Program Service Revenue: $454,897
- Gross Receipts: $488,797
Assets and Liabilities:
- Total Assets: $47,662
- Total Liabilities: $1,195
- Net Assets: $46,467
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Sales
Revenue
$454,897
Organization Details
Founding Year
2010
Phone
(405) 379-9901Main Address
13514 N 365 Road, Holdenville, OK, 74848
NTEE Category
Code: P29 - Human services
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