Overview
What is Compass-Finances God's Way Inc?
Compass-Finances God's Way Inc is a nonprofit organization situated in Lake Mary, Florida. With a dedicated team of 13 individuals, their primary mission is to educate people globally on biblical financial principles. They achieve this through various methods, including small group Bible studies, both offline and online, and social media. The organization's goal is to help individuals apply these principles to their lives, marriages, businesses, and families, enabling them to know Christ more intimately and serve Him more freely. Additionally, they aim to contribute to funding the Great Commission, a biblical mandate to spread the Christian message worldwide.
Official website here: www.compass1.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 73%)
Compass-Finances God's Way Inc has received a Two-Star rating from Charity Navigator, indicating a need for improvement. The organization has a solid Program Expense Ratio of 79.51%, demonstrating a commitment to channeling most of its resources directly into its programs. Additionally, they have a high level of independence on their board, with 80% independent members, which reflects positively on their governance structure.
However, there are significant areas where the organization falls short. They did not provide financial statements that meet the necessary criteria, which impacted their score heavily. Furthermore, the absence of crucial policies such as the Whistleblower Policy and Document Retention and Destruction policy raises concerns about transparency and accountability. Lastly, the lack of a posted Tax Form on their website further limits public access to important financial information.
Overall, while Compass-Finances God's Way Inc shows strengths in program spending and board independence, addressing their governance and transparency issues will be essential for improving their overall effectiveness and trustworthiness as a nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Compass-Finances God's Way Inc legitimate?
Compass-Finances God's Way Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Compass-Finances God's Way 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: $582,373
For more financial information, click here
Official website here: www.compass1.org
What is the mission statement of Compass-Finances God's Way Inc?
Compass-Finances God's Way Inc is an organization with a mission to equip people worldwide. Their primary objective is to help individuals apply God's financial principles faithfully. By doing so, they aim to foster a deeper understanding of Christ, enable people to serve Him freely, and contribute to funding the Great Commission. The organization achieves this through various methods, primarily by facilitating small group Bible studies. These studies focus on educating individuals about God's views on money, as outlined in the Bible, and providing guidance on how to apply biblical financial principles to various aspects of life, including personal finance, marriages, businesses, and families. The ministry utilizes both offline and online delivery methods, including social media.
Official website here: www.compass1.org
Who is the CEO of Compass-Finances God's Way Inc?
Brandon Sieben is the Ceo of Compass-Finances God's Way Inc. The CEO's salary of Compass-Finances God's Way Inc is $75,000 and their total compensation is $75,000.
Official website here: www.compass1.org
What is the revenue of Compass-Finances God's Way Inc?
Compass-Finances God's Way Inc's revenue in 2022 was $1,049,699.
Official website here: www.compass1.org
Who are the executives of Compass-Finances God's Way Inc and what are their salaries?
The average compensation at Compass-Finances God's Way Inc during 2022 was $44,798. There are 13 employees at Compass-Finances God's Way Inc.
Here are 7 key members and their salaries (Compass-Finances God's Way Inc's CEO's salary is $75,000 and their total compensation is $75,000):
- Compensation: $93,250
- Related: $0
- Other: $0
- Compensation: $89,167
- Related: $0
- Other: $0
- Compensation: $75,000
- Related: $0
- Other: $0
- Compensation: $0
- 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.compass1.org
Where can I find the form 990 for Compass-Finances God's Way Inc?
Compass-Finances God's Way Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.compass1.org
Learn more at the official website: www.compass1.org
Mission Statement of Compass-Finances God's Way Inc
Compass-Finances God's Way Inc is an organization with a mission to equip individuals worldwide to faithfully apply God's financial principles. This mission is aimed at enabling people to know Christ more intimately, gain the freedom to serve Him, and contribute to funding the Great Commission. The organization achieves this by facilitating small group Bible studies, focusing on educating participants about God's views on money, as outlined in the Bible. Through these studies, individuals learn to apply biblical financial principles to various aspects of their lives, including their marriages, businesses, and families, using both offline and online delivery methods, including social media.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Compass-Finances God's Way Inc significantly impacts individuals and communities by promoting the application of biblical financial principles. Through a strong emphasis on small group Bible studies, the organization creates opportunities for participants to explore what the Bible teaches about money management. This approach not only empowers individuals to take control of their financial situations but also nurtures their spiritual growth, leading to a deeper relationship with Christ.
By educating people on how to effectively manage their finances, Compass-Finances God's Way Inc helps them experience greater financial freedom, enabling them to serve their communities and fund initiatives that align with their faith. The use of various delivery methods, including online platforms and social media, ensures that these teachings are accessible to a wide audience, transcending geographical barriers.
Overall, the organization facilitates a meaningful integration of faith and finance, allowing individuals to transform their financial practices into acts of stewardship that contribute to the greater commission and the well-being of their families and communities.
This information is meant to be a general summary of Compass-Finances God's Way 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: $1,123,732
Assets and Liabilities:
- Total Assets: $1,545,555
- Total Liabilities: $278,291
- Net Assets: $1,267,264
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2009
Phone
(407) 331-6000Principal Officer
Brandon Sieben
Main Address
31 SKYLINE DRIVE, LAKE MARY, FL, 32746
Website
www.compass1.orgNTEE Category
Code: P51 - Human services
If you are a representative of Compass-Finances God's Way Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.