Overview
What is Strategic Resource Group Inc?
Strategic Resource Group Inc, based in Easton, Maryland, is a nonprofit organization with a team of three individuals. Their primary focus is providing grants to missionary organizations, indigenous churches, and Christian ministries in the Arabian Peninsula, Middle East, North Africa, Pakistan, and Afghanistan. Through these grants, they support projects that express the love of Christ to communities in these regions. In total, they have funded 418 projects for 190 organizations.
What are the reviews and ratings of this charity?
Charity Navigator rating: 92% (Four-Star out of Four Star rating)
Strategic Resource Group Inc has received an impressive Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial health. The charity's high score is entirely based on its excellent performance in Accountability & Finance, demonstrating robust management practices and transparency in operations, essential for donor trust.
The organization boasts a fully independent board, with all six members being independent, and has received top marks for its financial oversight practices. Key policies such as conflict of interest, whistleblower, and document retention are all in place, ensuring that the organization maintains high ethical standards. Additionally, the charity exhibits exceptional efficiency, with a program expense ratio of 92.64%, indicating that a significant portion of its expenditures directly supports its mission.
While the overall financial health appears strong, the working capital ratio of 0.49 years may suggest that the organization could improve its liquidity position. Nonetheless, the data reflects a nonprofit that prioritizes accountability and effective use of resources, making it a trustworthy option for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Strategic Resource Group Inc legitimate?
Strategic Resource Group Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Strategic Resource Group 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $376,750
For more financial information, click here
What is the mission statement of Strategic Resource Group Inc?
Strategic Resource Group Inc is a philanthropic organization dedicated to supporting missionary groups, indigenous churches, and Christian ministries in various regions, including the Arabian Peninsula, Middle East, North Africa, Pakistan, and Afghanistan. Their primary activity is providing resources to these entities, enabling them to spread the message of love and compassion to those in need. By offering grants and funding for projects, Strategic Resource Group Inc empowers these organizations to make a significant impact in the lives of people in these regions. Through their initiatives, the organization is helping to strengthen the reach and impact of Christian communities in these parts of the world.
Who is the CEO of Strategic Resource Group Inc?
J Latture is the Chairman of Strategic Resource Group Inc.
What is the revenue of Strategic Resource Group Inc?
Strategic Resource Group Inc's revenue in 2022 was $41,457,581.
Who are the executives of Strategic Resource Group Inc and what are their salaries?
The average compensation at Strategic Resource Group Inc during 2022 was $125,583. There are 3 employees and 5 volunteers at Strategic Resource Group Inc.
Here are 10 key members and their salaries:
- Compensation: $174,750
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- Other: $0
- Compensation: $160,000
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- Other: $0
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- Other: $0
Where can I find the form 990 for Strategic Resource Group Inc?
Strategic Resource Group Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Strategic Resource Group Inc
Strategic Resource Group Inc, a nonprofit organization, is dedicated to providing essential resources to missionary organizations, indigenous churches, and other Christian ministries. With a focus on spreading the love of Christ, this group operates in various regions, including the Arabian Peninsula, Middle East, North Africa, Pakistan, and Afghanistan.
Through their grant program, Strategic Resource Group Inc has supported 190 missionary organizations, indigenous churches, and other Christian ministries. Their initiatives have directly funded 418 projects, totaling 786 grants. This substantial investment enables these groups to continue their vital work in these communities, fostering spiritual growth and development. By extending a helping hand, Strategic Resource Group Inc is instrumental in expanding the reach of these ministries and amplifying their impact.
In essence, Strategic Resource Group Inc acts as a bridge between these Christian organizations and the resources they need to thrive. By facilitating the necessary funding, the organization ensures that these ministries can continue to deliver their message of love and hope to the communities they serve. This unwavering commitment to supporting Christian organizations in their mission to help those in need is a testament to Strategic Resource Group Inc's steadfast dedication and its belief in the transformative power of faith.
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Impact
October, 2024
Strategic Resource Group Inc plays a pivotal role in empowering missionary organizations, indigenous churches, and various Christian ministries across the Arabian Peninsula, Middle East, North Africa, Iran, and Turkey. By providing essential resources, the organization supports the expression of love and compassion, fostering positive impact in communities where these ministries operate.
Through its funding initiatives, Strategic Resource Group has successfully delivered 786 grants, facilitating 418 projects for 190 different organizations. This extensive financial support enhances the capability of these ministries to address local needs, promote spiritual growth, and engage in community development. The strategic allocation of resources enables these organizations to implement effective outreach programs that have a lasting influence on individuals and communities in the regions they serve.
Ultimately, Strategic Resource Group Inc emerges as a significant catalyst for change, promoting the values of service and solidarity in vulnerable areas, and contributing to a broader mission of hope and transformation.
This information is meant to be a general summary of Strategic Resource Group 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.
- Investment Income: $149,362
- Gross Receipts: $41,581,214
Assets and Liabilities:
- Total Assets: $17,542,917
- Total Liabilities: $1,947,125
- Net Assets: $15,595,792
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Organization Details
Founding Year
1997
Phone
(206) 919-5312Principal Officer
J Latture
Main Address
PO BOX 1809, EASTON, MD, 21601
NTEE Category
Code: X20 - Religion related
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