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Kings And Priests Ministries

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

EIN: 272714340 ✦ Placentia, CA ✦ Designated as a 501(c)(3)

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Overview

What is Kings And Priests Ministries?

Kings And Priests Ministries is a nonprofit organization based in Placentia, California, with a single employee. Their primary focus is on Biblical Business Training (BBT), offering seminars to individuals or groups to teach effective local business setup and management using biblical principles. Additionally, the organization conducts short-term mission trips to underdeveloped countries, combining sharing the Gospel with providing business education and training to stimulate local economies. By doing so, they aim to enhance the spiritual and physical well-being of the communities in these countries.


Official website here: www.kpmmission.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Stars, 60%)

Kings And Priests Ministries has received a two-star rating from Charity Navigator, indicating a need for improvement in various areas of accountability and finance. The organization's overall score of 60% highlights some strengths, such as a high program expense ratio of 83.89%, suggesting that a significant portion of its funds is directed towards its mission-related activities.

Despite these strengths, the organization faces notable limitations, particularly in governance. There are no independent board members, which raises concerns about oversight and potential conflicts of interest. Additionally, essential financial transparency measures are lacking, including missing financial statements and board meeting minutes, which could hinder stakeholder trust and accountability.

While Kings And Priests Ministries showcases commendable efforts in program spending, the absence of critical governance practices and documentation could impact its operational effectiveness and reputation. Addressing these weaknesses may enhance its standing and credibility with donors and the public.


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

Is Kings And Priests Ministries legitimate?

Kings And Priests Ministries is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kings And Priests Ministries 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: $10,500

For more financial information, click here


Official website here: www.kpmmission.org

What is the mission statement of Kings And Priests Ministries?

Kings And Priests Ministries' mission revolves around conducting short-term missions to underdeveloped countries. Their primary objectives include spreading the Gospel and offering business education and training to empower local communities. By undertaking these missions, the organization aims to expand Christianity globally and simultaneously address the immediate physical needs of the people in these countries. This holistic approach aims to improve the quality of life for these individuals through these educational and training initiatives.


Official website here: www.kpmmission.org

Who is the CEO of Kings And Priests Ministries?

Daniel Kang is the President & Ceo of Kings And Priests Ministries. The CEO's salary of Kings And Priests Ministries is $0 and their total compensation is $0.


Official website here: www.kpmmission.org

What is the revenue of Kings And Priests Ministries?

Kings And Priests Ministries's revenue in 2022 was $718,358.


Official website here: www.kpmmission.org

Who are the executives of Kings And Priests Ministries and what are their salaries?

The average compensation at Kings And Priests Ministries during 2022 was $10,500. There is 1 employee and 30 volunteers at Kings And Priests Ministries.


Here are 3 key members and their salaries (Kings And Priests Ministries's CEO's salary is $0 and their total compensation is $0):


Daniel Kang (President & Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeong Chuel Kim (Cfo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Abraham Jaewoo Jeon (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.kpmmission.org

Where can I find the form 990 for Kings And Priests Ministries?

Kings And Priests Ministries's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.kpmmission.org

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

Mission Statement of Kings And Priests Ministries

Kings and Priests Ministries is an organization dedicated to spreading the Gospel and making a tangible impact in poorly developed countries. Their primary mission involves conducting short-term mission trips, where they share their faith and offer business education and training to the local population. The ultimate goal is to promote Christianity globally while simultaneously addressing the immediate physical needs of these communities, aiming to improve their overall quality of life. By providing business education and training, Kings and Priests Ministries empowers the local people to boost their economy and create sustainable livelihoods. This holistic approach ensures that the message of Christianity is not only heard but also embodied through practical actions, ultimately benefiting the community as a whole.

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Impact




October, 2024

Kings And Priests Ministries makes a significant impact through its short-term mission trips to underdeveloped countries, where it focuses on both spiritual and economic upliftment. By proclaiming the Gospel, they aim to expand Christianity while addressing the immediate physical needs of communities. Their approach includes providing essential business education and training, which empowers individuals with the skills needed to establish and manage successful local businesses.

Through the Biblical Business Training (BBT) outreach, Kings And Priests Ministries offers seminars that blend practical business knowledge with biblical principles. This initiative not only fosters entrepreneurial spirit but also helps to stimulate local economies, leading to increased quality of life for participants and their families. By addressing both spiritual and socioeconomic needs, they contribute to sustainable development and empower communities to break the cycle of poverty.




This information is meant to be a general summary of Kings And Priests Ministries. 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
$718,358 (2022)
Expenses
$500,768 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $414
  • Gross Receipts: $718,358

Assets and Liabilities:

  • Total Assets: $988,985
  • Total Liabilities: $409
  • Net Assets: $988,576

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Organization Details

Founding Year

2010

Principal Officer

Daniel Kang

Main Address

203 W SANTA FE AVE STE E, PLACENTIA, CA, 92870

NTEE Category

Code: X20 - Religion related

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