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Mt28 Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 270170851 ✦ Austin, TX ✦ Designated as a 501(c)(3)

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Overview

What is Mt28 Inc?

Mt28 Inc is a nonprofit organization based in Austin, Texas, with a focus on religious, charitable, and educational pursuits. Their primary mission is to support the Christian gospel in Turkey, specifically aiding a church and its church plants in four cities/villages. They provide financial assistance for building rent, utilities, staff salaries, and materials, ensuring the smooth operation of these religious institutions. Additionally, they fund the recording and online streaming of Sunday services, as well as provide Bibles and other Christian resources. Beyond Turkey, Mt28 Inc also engages in refugee relief and college ministry, aligning with their broader aim of impacting communities worldwide with the teachings of Jesus Christ.


Official website here: www.mt28.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 83%, Three-Star out of Four Star rating.

Mt28 Inc has received an 83% rating from Charity Navigator, indicating a strong performance in Accountability and Finance. This score reflects the charity's commitment to responsible financial practices, demonstrated by a high program expense ratio of 99.26%. Such figures suggest that the vast majority of funds are directed towards their programmatic efforts rather than administrative costs.

The organization boasts a fully independent board, with all ten members maintaining independence, which is a positive indicator of governance. Additionally, there are no reported issues related to material diversion of assets, further underscoring the charity's financial integrity. Key policies, including conflict of interest and documentation of board meeting minutes, are in place, enhancing transparency in their operations.

However, there are areas for improvement, particularly the absence of a whistleblower policy and document retention and destruction policies, which received zero points in those categories. Addressing these gaps could strengthen their governance framework and improve overall accountability.


This AI summary has been generated from information found on Charity Navigator.

Is Mt28 Inc legitimate?

Mt28 Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mt28 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.mt28.org

What is the mission statement of Mt28 Inc?

Mt28 Inc, as a religious, charitable, and educational organization, has a mission to foster the development of individuals into Christlike disciples who can in turn inspire others. The organization strives to create home-based environments that promote a genuine Christian community, characterized by love, service, and support. Additionally, Mt28 Inc supports the ongoing work of the Church abroad, financially and otherwise. Moreover, the organization is committed to engaging in any other religious, charitable, or educational activities that align with its purpose, as per the Internal Revenue Service Code and the Texas Tax Code. Currently, the organization has three primary program services: Gospel in Turkey, Refugee Relief, and College Ministry.


Official website here: www.mt28.org

Who is the CEO of Mt28 Inc?

Gregory Riggs is the Director of Mt28 Inc. The CEO's salary of Mt28 Inc is $0 and their total compensation is $0.


Official website here: www.mt28.org

What is the revenue of Mt28 Inc?

Mt28 Inc's revenue in 2022 was $203,378.


Official website here: www.mt28.org

Who are the executives of Mt28 Inc and what are their salaries?

There 4 volunteers at Mt28 Inc.


Here are 7 key members and their salaries (Mt28 Inc's CEO's salary is $0 and their total compensation is $0):


Matthew Rodriguez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Hitt (Director / Board Of Directors Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gregory E Riggs (Director / Board Secretary / Chief Executive Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Russell Parish (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jan Riggs (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Harbert (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Emily Lockwood Nee Toothman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.mt28.org

Where can I find the form 990 for Mt28 Inc?

Mt28 Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.mt28.org

Learn more at the official website: www.mt28.org

Mission Statement of Mt28 Inc

Mt28 Inc, a nonprofit organization, is dedicated to serving religious, charitable, and educational purposes. Its mission is multifaceted, encompassing four primary objectives. Firstly, it aims to cultivate individuals who embody the qualities of a disciple of Christ, capable of spreading His light and love to their community and beyond. Secondly, Mt28 Inc provides a nurturing environment for students, fostering a sense of Christian community characterized by love, service, and support. Thirdly, it supports the ongoing work of the Church abroad financially and in various other ways. Lastly, the organization is open to engaging in any other religious, charitable, or educational activities that align with its mission, as per the Internal Revenue Service Code and Texas Tax Code. The three primary program services of Mt28 Inc include Gospel in Turkey, Refugee Relief, and College Ministry, each contributing to its broader mission.

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Impact




October, 2024

Mt28 Inc significantly impacts communities in Turkey through its dedicated efforts to spread the Christian gospel and support local church initiatives. Its activities revolve around establishing and nurturing church plants across multiple cities and villages, providing essential resources such as building rent, utilities, and salaries for young pastors. This financial assistance enables pastors to effectively guide and support these emerging congregations and house churches in outlying areas.

The organization also ensures that vital Christian literature, including Bibles and printed materials, is readily accessible to visitors, with fifty to sixty individuals engaging with these resources daily. Additionally, Mt28 Inc invests in technology by supporting the recording and online streaming of church services, reaching a broader audience and fostering virtual community engagement.

Their outreach extends to public awareness through newspaper ads and targeted ministry efforts, including support for prisoners and prison staff, further amplifying their message of hope and community. Through these diverse initiatives, Mt28 Inc creates lasting impacts, fostering spiritual growth, community support, and educational opportunities in the regions it serves.




This information is meant to be a general summary of Mt28 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.

Revenue
$203,378 (2022)
Expenses
$194,204 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $9
  • Gross Receipts: $203,378

Assets and Liabilities:

  • Total Assets: $72,207
  • Total Liabilities: $121
  • Net Assets: $72,086

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Organization Details

Founding Year

2009

Principal Officer

Gregory Riggs

Main Address

6529 Needham Ln, Austin, TX, 787391512

NTEE Category

Code: X21 - Religion related

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