Francis Asbury Society Inc

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

EIN: 311066863 ✦ Wilmore, KY ✦ Designated as a 501(c)(3)

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Overview

What is Francis Asbury Society Inc?

Francis Asbury Society Inc is a nonprofit organization located in Wilmore, Kentucky. Their primary mission is to disseminate the gospel of Jesus Christ through various means, such as evangelism, discipleship, missions, conferences, and Christian literature. They achieve this by collaborating with various organizations, providing quality speakers who embody Wesleyan-Holiness theology and live Godly lives. The speakers spread the life-changing message of God, and the society also mentors promising young speakers. The organization covers expenses related to speaker salaries, travel, and meal reimbursements. With a team of 17 members, they strive to positively impact communities and spread the word of God.


Official website here: www.francisasburysociety.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 98%, Four-Star out of Four Stars

The Francis Asbury Society Inc holds an impressive Four-Star rating from Charity Navigator, reflecting strong performance in accountability and finance. With a score of 98%, the charity demonstrates a commitment to transparency and responsible management of funds. The entirety of its score is derived from robust accountability measures, indicating that the organization effectively adheres to best practices in financial management.

Strengths of the organization include a fully independent board of directors, with 100% of its members meeting independence criteria. Additionally, the charity has a solid program expense ratio of 68.27%, indicating a significant portion of its resources is directed towards its programs. The organization has also established comprehensive policies regarding conflicts of interest, whistleblower protections, and document retention, ensuring ethical governance and operational integrity.

While the financial metrics are strong, the program expense ratio could be improved slightly to maximize the impact of funds on direct services. Nonetheless, the absence of material diversions of assets and the proactive posting of financial documents on its website further bolster the organization’s credibility and trustworthiness among donors and stakeholders.


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

Is Francis Asbury Society Inc legitimate?

Francis Asbury Society Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Francis Asbury Society 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: $74,174
Professional Fundraising Fees: $0
Other Salaries and Wages: $418,713

For more financial information, click here


Official website here: www.francisasburysociety.com

What is the mission statement of Francis Asbury Society Inc?

The Francis Asbury Society Inc's mission is centered around the dissemination of Christianity. They achieve this through various means, including evangelism, discipleship, missions, conferences, and the distribution of Christian literature. Their activities extend beyond this, as they engage with organizations to lead evangelistic and renewal ministries, embodying Wesleyan-Holiness theology and living exemplary lives. They spread God's life-transforming message and are recognized for their quality as speakers. They also invest in promising young speakers, mentoring them as part of their society.


Official website here: www.francisasburysociety.com

Who is the CEO of Francis Asbury Society Inc?

Gary Avers is the Board Chair of Francis Asbury Society Inc.


Official website here: www.francisasburysociety.com

What is the revenue of Francis Asbury Society Inc?

Francis Asbury Society Inc's revenue in 2022 was $780,051.


Official website here: www.francisasburysociety.com

Who are the executives of Francis Asbury Society Inc and what are their salaries?

The average compensation at Francis Asbury Society Inc during 2022 was $28,993. There are 17 employees and 19 volunteers at Francis Asbury Society Inc.


Here are 15 key members and their salaries:


Chris Bounds (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Swaim (Board Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dennis Kinlaw (Board Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Friedeman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joy Griffin (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cheryll Johnson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Abson Joseph (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ann Kelly (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Luce (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jay Mccants (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Miller (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Tipton (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Vickers (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ron Smith (President)
  • Compensation: $43,543
  • Related: $0
  • Other: $0
Gary Avers (Treasurer)
  • Compensation: $30,631
  • Related: $0
  • Other: $0


Official website here: www.francisasburysociety.com

Where can I find the form 990 for Francis Asbury Society Inc?

Francis Asbury Society Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.francisasburysociety.com

Learn more at the official website: www.francisasburysociety.com

Mission Statement of Francis Asbury Society Inc

Francis Asbury Society Inc, a nonprofit organization, is dedicated to the dissemination of the Gospel of Jesus Christ. They achieve this mission through various means, including evangelism, discipleship, missions, conferences, and the distribution of Christian literature. The society actively engages with other organizations, providing them with speakers who embody Wesleyan-Holiness theology, lead godly lifestyles, and passionately share God's transformative message. These speakers are recognized for their excellent communication skills and are commissioned to spread the life-changing message of Jesus Christ. The organization also invests in promising young speakers, mentoring them to carry on the tradition of spreading the Gospel effectively. In addition to these activities, Francis Asbury Society Inc covers expenses associated with speaker remuneration, travel, and meal reimbursements.

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Impact




October, 2024

The Francis Asbury Society Inc significantly impacts communities through the dissemination of the Gospel of Jesus Christ. By engaging in evangelism, discipleship, missions, and Christian literature, it fosters spiritual growth and renewal among individuals and organizations. The Society's speakers play a crucial role by partnering with various ministries, providing leadership in evangelistic efforts, and embodying Wesleyan-holiness theology.

Through conferences and training, they promote a lifestyle grounded in faith and integrity, inspiring participants to embrace and spread God's transformative message. The Society also invests in emerging voices by mentoring promising young speakers, ensuring the continuation of its mission across generations. Their financial commitments support these initiatives through speaker remuneration, travel costs, and group gatherings, reinforcing their dedication to impactful outreach and quality ministry. Overall, the Francis Asbury Society Inc cultivates a vibrant community of faith, responding to spiritual needs and encouraging a deeper relationship with God.




This information is meant to be a general summary of Francis Asbury Society 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.

Revenue
$780,051 (2022)
Expenses
$1,056,493 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $23,006
  • Program Service Revenue: $44,228
  • Gross Receipts: $819,523

Assets and Liabilities:

  • Total Assets: $3,460,216
  • Total Liabilities: $33,496
  • Net Assets: $3,426,720

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Programs

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

CONFERENCE FEES

Revenue

$44,228

Organization Details

Founding Year

1983

Principal Officer

Gary Avers

Main Address

PO BOX 7, WILMORE, KY, 403900007

NTEE Category

Code: X20 - Religion related

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