Overview
What is One Way Ministries?
One Way Ministries is a nonprofit organization situated in Aurora, Illinois. With a focus on Africa, especially the less reached populations of Northern Ghana, One Way Ministries aims to empower local workers through training and resource provision. Their core mission is to mobilize and equip Christian leaders across the continent, promoting the exaltation of Jesus Christ and the advancement of His gospel to the multitudes. This is achieved through prayer, proclamations, praise, and partnership. The organization employs a team of 24 individuals.
Official website here: www.owm.org and www.prayercast.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 86% (Three-Star out of Four Stars)
One Way Ministries has received a solid rating of 86%, indicating a strong performance in accountability and finance. The organization boasts an independent board composed entirely of independent members, showcasing a commitment to governance and oversight. Significant strengths include a high program expense ratio of 81.12% and exemplary fundraising efficiency, with just $0.04 spent to raise a dollar, highlighting its effective allocation of resources towards its mission.
The charity also demonstrates transparency and ethical practices, as evidenced by the presence of a conflict of interest policy, whistleblower policy, and the documentation of board meeting minutes. Furthermore, the organization has maintained a healthy liabilities to assets ratio of 32.97%, indicating financial stability. However, while the overall performance is commendable, potential donors might still want to keep an eye on ongoing operational developments and overall mission impact to ensure their contributions align with their philanthropic goals.
This AI summary has been generated from information found on Charity Navigator.
Is One Way Ministries legitimate?
One Way Ministries is a legitimate nonprofit organization registered as a 501(c)(3) entity. One Way 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: $115,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $777,658
For more financial information, click here
Official website here: www.owm.org and www.prayercast.com
What is the mission statement of One Way Ministries?
One Way Ministries' mission is centered around activating people worldwide to exalt Jesus Christ and advance His gospel to the multitudes. They achieve this mission through various means, primarily focusing on prayer, proclamations, praise, and partnerships. The organization's mission statement encourages individuals to engage in these activities with the goal of spreading Christ's message to a vast audience.
One Way Ministries has a specific focus on reaching out to less-reached populations, particularly those in Africa. Their efforts in this region include training and resourcing local workers, with a primary focus on North Ghana. Additionally, they work on mobilizing and training Christian leaders across the continent to contribute to the broader mission.
Official website here: www.owm.org and www.prayercast.com
Who is the CEO of One Way Ministries?
Michael Thompson is the President & Director of One Way Ministries.
Official website here: www.owm.org and www.prayercast.com
What is the revenue of One Way Ministries?
One Way Ministries's revenue in 2022 was $2,485,087.
Official website here: www.owm.org and www.prayercast.com
Who are the executives of One Way Ministries and what are their salaries?
The average compensation at One Way Ministries during 2022 was $37,194. There are 24 employees and 7 volunteers at One Way Ministries.
Here are 11 key members and their salaries:
- Compensation: $59,900
- Related: $0
- Other: $25,100
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
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- Other: $0
- Compensation: $30,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.owm.org and www.prayercast.com
Where can I find the form 990 for One Way Ministries?
One Way Ministries's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.owm.org and www.prayercast.com
Learn more at the official website: www.owm.org and www.prayercast.com
Mission Statement of One Way Ministries
One Way Ministries, as an organization, is dedicated to inspiring and mobilizing individuals globally to elevate Jesus Christ and propagate His message to vast audiences. Their mission is threefold, encompassing prayer, proclamations, praise, and partnership. In essence, they strive to engage people worldwide in spiritual activities that exalt Jesus Christ and promote the spread of His gospel.
To accomplish this mission, One Way Ministries focuses on training and supporting local workers, particularly in regions with limited access to religious teachings. This is exemplified in their One Way Africa initiative, which targets the less reached populations in Africa, with a significant emphasis on Northern Ghana. By equipping and empowering local leaders, they aim to create a ripple effect of faith and spiritual growth in these communities. Additionally, One Way Ministries fosters collaboration and partnerships with like-minded organizations to amplify their collective impact in spreading the gospel.
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Impact
October, 2024
One Way Ministries has a profound impact on communities, particularly in Africa, where it focuses on reaching some of the continent's least reached peoples. By emphasizing the training and resourcing of local workers, it empowers them to become effective leaders and evangelists in their communities. The organization's efforts in Northern Ghana serve as a focal point, but its work extends throughout the continent, mobilizing and equipping Christian leaders to spread the Gospel.
Through a combination of prayer, proclamations, praise, and partnerships, One Way Ministries actively engages God's people to glorify Jesus Christ and share His message broadly. This multifaceted approach not only addresses spiritual needs but also fosters local ownership and sustainability in outreach efforts. As a result, One Way Ministries contributes to the spiritual growth and development of individuals and communities, inspiring hope and transformation in areas that have historically been under-resourced.
This information is meant to be a general summary of One Way 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $145
- Program Service Revenue: $166,602
- Gross Receipts: $2,568,169
Assets and Liabilities:
- Total Assets: $3,332,101
- Total Liabilities: $1,098,826
- Net Assets: $2,233,275
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEDIA INCOME
Revenue
$133,802
YOUNG ADULTS INTERNSHI
Revenue
$32,800
Organization Details
Founding Year
1999
Phone
(630) 626-4990Principal Officer
Michael Thompson
Main Address
495 N COMMONS DRIVE, AURORA, IL, 60504
NTEE Category
Code: X20 - Religion related
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