Overview
What is Missional Wisdom Foundation?
Missional Wisdom Foundation, a nonprofit organization situated in Southlake, Texas, focuses on adult Christian development and education. With a team of eight dedicated individuals, they operate as an extension ministry of the United Methodist Church, striving to support and educate adults within their community. Their mission is centered around this specific area, aiming to foster spiritual growth and development among adults. The organization is involved in various activities, primarily based on Christian education and outreach. Their location at 185 S White Chapel Blvd, Southlake, TX 76092, further highlights their presence and commitment to their mission in the community.
Official website here: www.missionalwisdom.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 56%, One-Star out of Four Stars
The Missional Wisdom Foundation has received a low score of 56% from Charity Navigator, resulting in a One-Star rating. This rating indicates challenges in the areas of accountability and finance, particularly due to a lack of independent board members, which raises concerns about governance and oversight. While the charity has demonstrated some strengths, such as a high program expense ratio of 74.27%, indicating a strong commitment to its mission, other areas have not met best practices.
Significant gaps were noted in governance policies, including the absence of a whistleblower policy and a document retention and destruction policy, both of which are critical for transparency and accountability. Additionally, the foundation's tax form is not posted on its website, which could hinder potential donors' ability to assess its financial health and operational integrity. However, the organization has a solid material diversion of assets score, indicating no mismanagement of funds.
Overall, while the Missional Wisdom Foundation displays a commitment to its programs, the overall performance highlights notable weaknesses in governance and transparency, which could impact donor trust and engagement. Addressing these issues may be essential for improving its rating and ensuring a more robust operational framework moving forward.
This AI summary has been generated from information found on Charity Navigator.
Is Missional Wisdom Foundation legitimate?
Missional Wisdom Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Missional Wisdom Foundation 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: $208,521
For more financial information, click here
Official website here: www.missionalwisdom.com
What is the mission statement of Missional Wisdom Foundation?
The Missional Wisdom Foundation is dedicated to adult Christian development and education, serving as an extension ministry of the United Methodist Church. Their mission encompasses fostering personal growth and learning within the Christian community. This organization promotes a new monastic lifestyle, encouraging communal living and collaborative workspaces, with a focus on generating revenue.
Official website here: www.missionalwisdom.com
Who is the CEO of Missional Wisdom Foundation?
James L Duggins is the President of Missional Wisdom Foundation.
Official website here: www.missionalwisdom.com
What is the revenue of Missional Wisdom Foundation?
Missional Wisdom Foundation's revenue in 2022 was $467,670.
Official website here: www.missionalwisdom.com
Who are the executives of Missional Wisdom Foundation and what are their salaries?
The average compensation at Missional Wisdom Foundation during 2022 was $26,065. There are 8 employees and 20 volunteers at Missional Wisdom Foundation.
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.missionalwisdom.com
Where can I find the form 990 for Missional Wisdom Foundation?
Missional Wisdom Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.missionalwisdom.com
Learn more at the official website: www.missionalwisdom.com
Mission Statement of Missional Wisdom Foundation
Missional Wisdom Foundation, an extension ministry of the United Methodist Church, is dedicated to adult Christian development and education. Their mission is centered around fostering this growth and education within the adult community, promoting a holistic development that aligns with the teachings and values of the United Methodist Church. This nonprofit serves as a platform for individuals to deepen their spiritual understanding and grow in their Christian faith. By focusing on adult education, Missional Wisdom Foundation seeks to equip individuals with the tools and knowledge necessary to live a fulfilling and meaningful Christian life.
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Impact
July, 2024
Missional Wisdom Foundation impacts lives by fostering adult Christian development and education through its new monastic community living and coworking revenue model. Through its unique approach, it provides opportunities for individuals to deepen their faith, engage in spiritual practices, and learn from one another in a supportive community environment. The foundation's work not only enriches the lives of those directly involved but also has a ripple effect in promoting spiritual growth and connection within the wider community.
This information is meant to be a general summary of Missional Wisdom Foundation. 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.
- Program Service Revenue: $92,248
- Gross Receipts: $475,168
Assets and Liabilities:
- Total Assets: $1,070,819
- Total Liabilities: $633,800
- Net Assets: $437,019
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MIXED PROJECTS
Revenue
$92,248
Organization Details
Founding Year
2010
Phone
(817) 915-5181Principal Officer
James L Duggins
Main Address
185 S WHITE CHAPEL BLVD, Southlake, TX, 76092
Website
www.missionalwisdom.comNTEE Category
Code: X99 - Religion related
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