Overview
What is Time Of Grace Ministry?
Time of Grace Ministry is a nonprofit organization based in Milwaukee, Wisconsin. Their primary mission is to spread religious teachings and guidance, doing so through television programming, satellite networks, digital media, and print resources. The organization, which employs around 20 individuals, aims to help individuals strengthen their spiritual journeys by sharing the truth of God's word in a simple and clear manner. Time of Grace connects people to God's grace, fostering a sense of love, forgiveness, and joy, enabling individuals to overcome life's challenges.
Official website here: www.timeofgrace.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 91%, Four-Star out of Four Star rating.
Time Of Grace Ministry has achieved a strong four-star rating, indicating high performance in accountability and finance. The organization excels with a 100% score in leadership and adaptability, showcasing effective governance and strategic oversight. Their financial practices are robust, demonstrated by a program expense ratio of 80.15%, indicating a commitment to utilizing funds effectively for programmatic purposes.
Strengths of Time Of Grace Ministry include a significant proportion of independent board members (85%) and effective financial oversight measures, achieving 20 out of 20 points in audit and oversight. The organization has a clear focus on strategic growth, with ambitious goals for increasing engagement and revenue over the next six years. Their transparent policies around conflicts of interest and whistleblower protections further enhance their credibility.
However, there are some limitations noted in the financial ratios, particularly the liabilities to assets ratio at 44.30% and a working capital ratio of 0.31 years, which suggest some areas for improvement in financial stability. Overall, Time Of Grace Ministry appears to be well-managed and dedicated to growth, but continued attention to financial health will be important as they pursue their strategic objectives.
This AI summary has been generated from information found on Charity Navigator.
Is Time Of Grace Ministry legitimate?
Time Of Grace Ministry is a legitimate nonprofit organization registered as a 501(c)(3) entity. Time Of Grace Ministry 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: $199,344
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,055,357
For more financial information, click here
Official website here: www.timeofgrace.org
What is the mission statement of Time Of Grace Ministry?
The Time of Grace Ministry is dedicated to supporting individuals seeking spiritual growth and aiming to overcome challenges in their spiritual journey. They achieve this by disseminating the truth of God's word in a straightforward and clear manner through various mediums, including television, print, and digital platforms. The ministry's mission is to connect people with God's grace, helping them understand their unconditional love and forgiveness. As a result, individuals can begin to experience a joyful life despite the challenges life presents. The ministry's content is viewed by millions of people monthly.
Official website here: www.timeofgrace.org
Who is the CEO of Time Of Grace Ministry?
Matt Trotter is the Vice President-Executive Committee of Time Of Grace Ministry. The CEO's salary of Time Of Grace Ministry is $136,612 and their total compensation is $161,063.
Official website here: www.timeofgrace.org
What is the revenue of Time Of Grace Ministry?
Time Of Grace Ministry's revenue in 2022 was $4,309,923.
Official website here: www.timeofgrace.org
Who are the executives of Time Of Grace Ministry and what are their salaries?
The average compensation at Time Of Grace Ministry during 2022 was $62,735. There are 20 employees and 36 volunteers at Time Of Grace Ministry.
Here are 17 key members and their salaries (Time Of Grace Ministry's CEO's salary is $136,612 and their total compensation is $161,063):
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- Compensation: $38,280
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- Compensation: $136,612
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- Other: $24,451
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- Compensation: $113,559
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- Compensation: $112,662
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- Other: $5,653
- Compensation: $100,296
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- Other: $31,860
Official website here: www.timeofgrace.org
Where can I find the form 990 for Time Of Grace Ministry?
Time Of Grace Ministry's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.timeofgrace.org
Learn more at the official website: www.timeofgrace.org
Mission Statement of Time Of Grace Ministry
Time of Grace Ministry is dedicated to providing spiritual growth and reducing struggles for individuals on their faith journey. Utilizing various mediums such as television, print, and digital platforms, the Ministry shares God's word in a straightforward and understandable manner, reaching millions of viewers every month. By connecting individuals to God's grace, Time of Grace Ministry aims to instill a sense of love and forgiveness, enabling them to begin experiencing a joy-filled life despite the challenges life may present.
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Impact
October, 2024
Time Of Grace Ministry significantly impacts individuals seeking spiritual growth and fulfillment. By sharing the truth of God's Word through various media platforms—including television, print, and digital channels—the ministry reaches millions each month, providing accessible resources for those on their spiritual journeys.
The initiative fosters a connection to God's grace, helping people understand that they are loved and forgiven. This message is crucial for many facing life's challenges, as it offers a pathway to a joy-filled life, emphasizing growth over struggle. By making spiritual teachings clear and relatable, Time Of Grace empowers individuals to navigate their faith with confidence and hope. The reach of their programming not only engages audiences in Milwaukee but extends to a wider community, creating a ripple effect of support and encouragement for believers everywhere.
This information is meant to be a general summary of Time Of Grace Ministry. 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: -$8,446
- Gross Receipts: $4,406,175
Assets and Liabilities:
- Total Assets: $2,370,995
- Total Liabilities: $1,050,446
- Net Assets: $1,320,549
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Organization Details
Founding Year
2000
Phone
(414) 562-8463Principal Officer
Matt Trotter
Main Address
135 S 84TH STREET 220, MILWAUKEE, WI, 53214
Website
www.timeofgrace.orgNTEE Category
Code: X99 - Religion related
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