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Apostolic Restoration Ministry

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

EIN: 331140435 ✦ Ridgeland, MS ✦ Designated as a 501(c)(3)

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Overview

What is Apostolic Restoration Ministry?

Apostolic Restoration Ministry is a nonprofit organization, primarily functioning as a church. Its purpose is multifaceted, encompassing religious, educational, and scientific endeavors. Through their programs, they engage in various religious activities that promote spiritual growth and learning. The organization is dedicated to charitable pursuits, with a focus on religious activities, fostering an environment of spiritual development and education.

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 60%)

Apostolic Restoration Ministry has received a Two-Star rating from Charity Navigator, indicating a need for improvement in certain operational areas. The organization scored 60%, with its rating derived solely from its Accountability & Finance metrics. While it demonstrates a strong program expense ratio of 97.52%, highlighting that the majority of its funds are directed toward programs, there are significant deficiencies in governance and transparency.

The organization lacks independent board members, with a score of 0% in this area, which raises concerns about oversight and accountability. Additionally, there are missing financial statements and a lack of publicly accessible documents such as the tax form on its website, which could hinder transparency for donors. Although there is a conflict of interest policy in place, the absence of a whistleblower policy is noteworthy.

On a positive note, Apostolic Restoration Ministry has effectively managed its liabilities, boasting a 37.60% liabilities to assets ratio. This suggests financial stability, but the overall absence of independent oversight and incomplete documentation could undermine donor confidence and trust in the organization's governance practices.


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

Is Apostolic Restoration Ministry legitimate?

Apostolic Restoration Ministry is a legitimate nonprofit organization registered as a 501(c)(3) entity. Apostolic Restoration 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: $59,240
Professional Fundraising Fees: $0
Other Salaries and Wages: $29,085

For more financial information, click here

What is the mission statement of Apostolic Restoration Ministry?

Apostolic Restoration Ministry, as a church, is organized with a charitable purpose, serving both religious and educational needs. Its mission is to operate exclusively for religious, educational, and scientific purposes. Through their programs, they offer various religious activities, demonstrating their commitment to these objectives.

Who is the CEO of Apostolic Restoration Ministry?

Lanford E Porter is the Principal Officer of Apostolic Restoration Ministry.

What is the revenue of Apostolic Restoration Ministry?

Apostolic Restoration Ministry's revenue in 2022 was $638,899.

Who are the executives of Apostolic Restoration Ministry and what are their salaries?


There is 1 key member and their salary:


Lanford Porter (Pastor)
  • Compensation: $59,240
  • Related: $0
  • Other: $0
Where can I find the form 990 for Apostolic Restoration Ministry?

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

Mission Statement of Apostolic Restoration Ministry

Apostolic Restoration Ministry, as a religious organization, is established with a mission to serve charitable, religious, educational, and scientific purposes. This church-based organization offers a variety of religious activities through its programs, focusing on spiritual growth and community engagement. By organizing exclusively for these purposes, Apostolic Restoration Ministry aims to contribute positively to its members' and the broader community's spiritual and intellectual development.

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Impact




July, 2024

Apostolic Restoration Ministry's impact is primarily focused on fostering spiritual growth, providing educational opportunities, and promoting scientific exploration within its community. Through its religious activities and programs, the organization plays a crucial role in nurturing individuals' faith, knowledge, and curiosity. Its mission to organize exclusively for religious, educational, and scientific purposes underscores its commitment to holistic development and service to society. In Ridgeland, MS, Apostolic Restoration Ministry serves as a beacon of inspiration and enlightenment, enriching the lives of those who engage with its offerings.




This information is meant to be a general summary of Apostolic Restoration 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
$638,899 (2022)
Expenses
$446,354 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $248
  • Gross Receipts: $638,899

Assets and Liabilities:

  • Total Assets: $1,843,014
  • Total Liabilities: $700,220
  • Net Assets: $1,142,794

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Organization Details

Founding Year

2005

Principal Officer

Lanford E Porter

Main Address

316 PINEHURST CIRCLE, RIDGELAND, MS, 39157

NTEE Category

Code: X20 - Religion related

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