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Financial Planning Ministry

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

EIN: 330081173 ✦ Irvine, CA ✦ Designated as a 501(c)(3)

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Overview

What is Financial Planning Ministry?

Financial Planning Ministry, based in Irvine, California, is a non-profit organization dedicated to promoting Christian stewardship and estate planning. Their primary mission is to offer stewardship education and assist families in creating their estate plans, ensuring a biblical approach. As part of their commitment to serving the financial needs of churches, they aim to help churches function more effectively. With a workforce of approximately 20 employees, they strive to provide the necessary guidance and support for families and religious institutions in managing their finances in a responsible and spiritually grounded manner.


Official website here: www.fpm.org

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 81% (Three-Star out of Four Star rating)

Financial Planning Ministry has received a solid Three-Star rating from Charity Navigator, reflecting its strong commitment to accountability and finance. The charity scored 81%, with its overall score derived solely from its performance in this area, indicating a focus on financial transparency and responsible management.

The organization demonstrates robust financial health, with a program expense ratio of 71.89%, meaning a significant portion of its resources is directed towards its mission-related activities. Additionally, it has received full points across various governance practices, including having a conflict of interest policy and a whistleblower policy in place, which enhances its accountability.

While the charity shows promising financial oversight with no material diversion of assets reported, it's important for potential donors to consider this score in the context of its overall effectiveness and impact on the community it serves. The ratings suggest that Financial Planning Ministry is a trustworthy organization, but further exploration into its programs and outcomes may provide a more complete picture.


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

Is Financial Planning Ministry legitimate?

Financial Planning Ministry is a legitimate nonprofit organization registered as a 501(c)(3) entity. Financial Planning 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: $785,417
Professional Fundraising Fees: $0
Other Salaries and Wages: $777,710

For more financial information, click here


Official website here: www.fpm.org

What is the mission statement of Financial Planning Ministry?

The Financial Planning Ministry, Inc. (FPM) is a not-for-profit organization committed to aiding Christian churches in managing their financial affairs. Its primary mission is to promote Christian stewardship and estate planning. The organization offers stewardship education based on biblical principles and assists families in creating their estate plans. By serving the financial needs of churches, FPM aims to help them effectively fulfill their religious duties and mission.


Official website here: www.fpm.org

Who is the CEO of Financial Planning Ministry?

Michael S Prior is the Director/Consultant of Financial Planning Ministry.


Official website here: www.fpm.org

What is the revenue of Financial Planning Ministry?

Financial Planning Ministry's revenue in 2022 was $3,620,471.


Official website here: www.fpm.org

Who are the executives of Financial Planning Ministry and what are their salaries?

The average compensation at Financial Planning Ministry during 2022 was $78,156. There are 20 employees and 4 volunteers at Financial Planning Ministry.


Here are 7 key members and their salaries:


Leo Sabo (Director/Consultant)
  • Compensation: $20,301
  • Related: $0
  • Other: $0
Alex Calder Directorconsultant (Partner Church Development Director)
  • Compensation: $24,696
  • Related: $0
  • Other: $0
Michael Miller (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jessica Furlong (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael S Prior (President)
  • Compensation: $116,414
  • Related: $0
  • Other: $145,167
D Clay Perkins (Executive Vice President/Secretary)
  • Compensation: $128,019
  • Related: $0
  • Other: $97,467
Grace Grubert (Cfo/Coo/Treasurer)
  • Compensation: $202,657
  • Related: $0
  • Other: $49,719


Official website here: www.fpm.org

Where can I find the form 990 for Financial Planning Ministry?

Financial Planning Ministry's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.fpm.org

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

Mission Statement of Financial Planning Ministry

The Financial Planning Ministry (FPM) is a non-profit organization that focuses on the promotion of Christian stewardship and estate planning. Established with the mission to serve the financial needs of Christian churches, FPM works diligently to educate families about biblical estate planning and assist them in creating their personal estate plans. By offering stewardship education, FPM aims to help individuals make informed decisions about their financial affairs, aligning their choices with their religious beliefs and values. Through its dedicated efforts, FPM endeavors to support the financial well-being of Christian communities, fostering a sense of responsibility and wisdom in the management of their resources.

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Impact




June, 2024

Financial Planning Ministry's impact lies in promoting Christian stewardship and estate planning among individuals and families. By providing stewardship education on biblical estate planning and assisting families in creating their estate plans, Financial Planning Ministry is empowering people to make wise financial decisions that align with their faith values. This not-for-profit organization based in Irvine, California, is dedicated to serving the financial needs of Christian churches, thereby contributing to the overall well-being and stability of communities. Through its mission-focused approach, Financial Planning Ministry is helping individuals achieve financial peace of mind and build a legacy that reflects their beliefs and values.




This information is meant to be a general summary of Financial Planning 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.

Revenue
$3,620,471 (2022)
Expenses
$3,260,400 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $3,995
  • Program Service Revenue: $3,036,498
  • Gross Receipts: $3,620,471

Assets and Liabilities:

  • Total Assets: $1,684,447
  • Total Liabilities: $569,589
  • Net Assets: $1,114,858

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Programs

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

Sponsorship revenue

Revenue

$3,036,498

Organization Details

Founding Year

1990

Principal Officer

Michael S Prior

Main Address

2010 Main Street 100, Irvine, CA, 926147265

NTEE Category

Code: F192 - Mental health

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