Overview
What is Malachi Network Inc?
Malachi Network Inc, based in Quarryville, Pennsylvania, is a nonprofit organization with a global mission. They focus on supporting missionaries and church planters worldwide, contributing to relief and development efforts while spreading the message of Jesus and the hope of salvation. Their primary objective is to train, mobilize, and encourage these individuals, empowering them to spread their faith and make a positive impact in their communities. Malachi Network Inc operates beyond national borders, contributing to various projects and initiatives that uplift and inspire those who share their mission.
Official website here: www.malachinetwork.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star Rating)
Malachi Network Inc has received a solid three-star rating from Charity Navigator, reflecting an 81% score based entirely on its Accountability & Finance metrics. This rating indicates a strong commitment to transparency and sound financial practices, which are crucial elements for building trust with donors. The evaluation stems from their performance in various areas, with a specific focus on their financial accountability.
The organization demonstrates impressive financial health, highlighted by a program expense ratio of 94.73%, signifying that a significant portion of their expenditures is directed towards program services. Additionally, Malachi Network Inc boasts a fully independent board, with 85% of its members meeting independence criteria, which enhances governance and oversight. The absence of material diversions of assets further underscores their integrity in handling funds.
However, while the score reflects strong accountability and finance practices, the summary lacks information on other potential performance areas such as outcomes and impact metrics. This limited scope could suggest that while their financial practices are commendable, further insights into their operational effectiveness and programmatic success would provide a more holistic view of the organization's overall effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Malachi Network Inc legitimate?
Malachi Network Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Malachi Network 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: $42,832
Professional Fundraising Fees: $0
Other Salaries and Wages: $71,091
For more financial information, click here
Official website here: www.malachinetwork.org
What is the mission statement of Malachi Network Inc?
Malachi Network Inc's mission is centered around training, mobilizing, and inspiring church planters and missionaries globally. Their purpose is to equip these individuals to spread the love of Jesus and the message of salvation in Christ. Additionally, Malachi Network supports these missionaries in their relief and development efforts around the world. The organization aims to empower and encourage these dedicated individuals in their endeavors, contributing to the spread of faith and humanitarian aid worldwide.
Official website here: www.malachinetwork.org
Who is the CEO of Malachi Network Inc?
Richard Stevenson is the Ceo of Malachi Network Inc. The CEO's salary of Malachi Network Inc is $0 and their total compensation is $0.
Official website here: www.malachinetwork.org
What is the revenue of Malachi Network Inc?
Malachi Network Inc's revenue in 2022 was $536,373.
Official website here: www.malachinetwork.org
Who are the executives of Malachi Network Inc and what are their salaries?
Here are 11 key members and their salaries (Malachi Network Inc's CEO's salary is $0 and their total compensation is $0):
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Official website here: www.malachinetwork.org
Where can I find the form 990 for Malachi Network Inc?
Malachi Network Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.malachinetwork.org
Learn more at the official website: www.malachinetwork.org
Mission Statement of Malachi Network Inc
Malachi Network Inc, a nonprofit organization, is dedicated to a mission of training, mobilizing, and encouraging church planters and missionaries worldwide. Their primary objective is to equip individuals with the necessary skills and motivation to spread the message of Jesus Christ and the salvation available in Christ to communities around the globe. The organization supports these missionaries in their relief and development work, as well as their efforts to share the love of Jesus in various countries. Malachi Network Inc's mission is crucial in fostering the growth of Christian communities and promoting spiritual development worldwide.
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Impact
July, 2024
Malachi Network Inc plays a significant role in training, mobilizing, and encouraging missionaries and church planters globally. By supporting missionaries in various countries, the organization facilitates relief and development initiatives alongside sharing the message of Jesus Christ and salvation. Malachi Network's impact extends to empowering individuals to spread their faith and promote positive change in communities worldwide.
This information is meant to be a general summary of Malachi Network 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: $536,373
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Organization Details
Founding Year
2010
Phone
(816) 714-6060Principal Officer
Richard Stevenson
Main Address
PO Box 292, Quarryville, PA, 17566
Website
www.malachinetwork.orgNTEE Category
Code: X192 - Religion related
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