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Seeds Of Mustard Ministries Corporation

Thrift'N Gift

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

EIN: 273361003 ✦ Cary, NC ✦ Designated as a 501(c)(3)

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Overview

What is Seeds Of Mustard Ministries Corporation?

Seeds of Mustard Ministries Corporation is a faith-based nonprofit organization, located in Cary, North Carolina, with a mission to aid children and families enduring challenging situations. They fulfill this mission by channeling funds to compatible organizations, aligning with their Christian beliefs. The organization also operates a thrift shop named Thrift'n Gift, providing quality clothing, furnishings, and household items to the local community at affordable prices. With a dedicated workforce of 32 individuals, Seeds of Mustard Ministries Corporation aspires to uplift and support those in need.


Official website here: www.seedsofmustard.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: Two-Star out of Four Stars

Seeds Of Mustard Ministries Corporation has received a two-star rating from Charity Navigator, indicating a need for improvement in several areas. The organization scored 73%, reflecting good performance in certain aspects, such as maintaining a majority independent board and a strong program expense ratio of 93.38%. These points suggest that the nonprofit is focused on direct service delivery, which is a positive attribute for stakeholders.

However, the evaluation also highlights significant weaknesses, particularly regarding transparency and governance. The organization has not provided financial statements, lacks a whistleblower policy, and does not have a document retention and destruction policy in place. Furthermore, the absence of posted tax forms on the nonprofit's website raises concerns about accessibility to financial information for potential donors and supporters.

Overall, while Seeds Of Mustard Ministries Corporation demonstrates effective program spending and commitment to governance through an independent board, the noted deficiencies in financial transparency and operational policies indicate areas that require attention and improvement to enhance trust and accountability among its stakeholders.


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

Is Seeds Of Mustard Ministries Corporation legitimate?

Seeds Of Mustard Ministries Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Seeds Of Mustard Ministries Corporation 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: $260,555
Professional Fundraising Fees: $0
Other Salaries and Wages: $544,139

For more financial information, click here


Official website here: www.seedsofmustard.org

What is the mission statement of Seeds Of Mustard Ministries Corporation?

Seeds of Mustard Ministries Corporation is dedicated to assisting children and families in crisis situations. They achieve this by providing funding to organizations with similar aims. The organization operates as a faith-based corporation, supporting those in need in the name of Jesus Christ. One of their initiatives is the Thrift 2 Gift thrift shop, which offers quality clothing, furnishings, and home items to the local community at affordable prices. The primary mission of Seeds of Mustard Ministries Corporation is to support the needs of vulnerable children and families during challenging times.


Official website here: www.seedsofmustard.org

Who is the CEO of Seeds Of Mustard Ministries Corporation?

George E King Jr is the President of Seeds Of Mustard Ministries Corporation.


Official website here: www.seedsofmustard.org

What is the revenue of Seeds Of Mustard Ministries Corporation?

Seeds Of Mustard Ministries Corporation's revenue in 2022 was $2,129,492.


Official website here: www.seedsofmustard.org

Who are the executives of Seeds Of Mustard Ministries Corporation and what are their salaries?

The average compensation at Seeds Of Mustard Ministries Corporation during 2022 was $25,147. There are 32 employees and 125 volunteers at Seeds Of Mustard Ministries Corporation.


Here are 5 key members and their salaries:


George E King Jr (President)
  • Compensation: $177,093
  • Related: $0
  • Other: $0
Nicolette S King (Treasurer)
  • Compensation: $83,462
  • Related: $0
  • Other: $0
Michael Ballance (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deborah Dillon (Vp & Secreta)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Lepage (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.seedsofmustard.org

Where can I find the form 990 for Seeds Of Mustard Ministries Corporation?

Seeds Of Mustard Ministries Corporation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.seedsofmustard.org

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

Mission Statement of Seeds Of Mustard Ministries Corporation

Seeds of Mustard Ministries Corporation is a faith-based organization dedicated to supporting the needs of children and families in crisis situations. This is achieved by providing funding to like-minded organizations, acting as a philanthropic entity that aligns with its mission. By doing so, Seeds of Mustard Ministries Corporation extends its reach and impact, contributing to a broader network of organizations that share its commitment to assisting those in difficulties.

In addition to its financial support, Seeds of Mustard Ministries Corporation operates the Thrift 2 Gift thrift shop. This initiative provides the local community with access to quality clothing, furnishings, and home items at reasonable prices. By offering these essential items at affordable costs, Seeds of Mustard Ministries Corporation addresses the material needs of individuals and families in crisis, offering a practical and tangible form of support beyond its financial contributions. The organization's Thrift 2 Gift shop empowers community members to improve their living conditions, thereby contributing to their overall well-being and ability to navigate through challenging times.

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Impact




October, 2024

Seeds Of Mustard Ministries Corporation makes a significant impact by addressing the urgent needs of children and families in crisis situations. Through financial support for like-minded organizations, it ensures that vulnerable populations receive essential resources and assistance. Their operations include the Thrifts 2 Gift thrift shop, which provides affordable quality clothing, furnishings, and home items to the local community in Cary, NC. This initiative not only supplies necessary goods to those in need but also promotes community engagement and support. By focusing on faith-based support and outreach, the organization fosters a nurturing environment for families facing difficult circumstances, embodying its mission to serve in the name of Jesus Christ.




This information is meant to be a general summary of Seeds Of Mustard Ministries Corporation. 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
$2,129,492 (2022)
Expenses
$1,634,125 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $1,814,625
  • Gross Receipts: $2,132,462

Assets and Liabilities:

  • Total Assets: $1,068,519
  • Total Liabilities: $8,179
  • Net Assets: $1,060,340

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

THRIFT'N GIFT STORE

Revenue

$1,334,271

CHAPLAIN SERVICES

Revenue

$480,354

Organization Details

Founding Year

2010

Principal Officer

George E King Jr

Main Address

900 E CHATHAM STREET, CARY, NC, 27511

NTEE Category

Code: P29 - Human services

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