Overview
What is Bath Church Endowment Fund Inc?
Bath Church Endowment Fund Inc is a nonprofit organization whose primary purpose is to accumulate donations. These donations are then utilized to issue funding grants, supporting the existing ministry, special projects, and significant infrastructure enhancements at Bath Church. The fund serves as a financial resource for Bath Church, ensuring its continued growth and development while also enabling special initiatives.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, Two-Star out of Four Star rating. This rating reflects the charity's performance primarily in the area of Accountability & Finance, with a strong emphasis on financial practices and governance.
The Bath Church Endowment Fund Inc has demonstrated solid governance practices, scoring perfectly on multiple accountability metrics, including a fully independent board and no material diversion of assets. The organization also maintains a strong program expense ratio, indicating that all of its expenses are directed towards its mission-related activities.
However, while the charity performs well in these areas, the overall score is limited to a single beacon of evaluation. As a result, this two-star rating suggests that there may be areas for improvement in other aspects of the organization that are not captured in the current financial performance metrics.
This AI summary has been generated from information found on Charity Navigator.
Is Bath Church Endowment Fund Inc legitimate?
Bath Church Endowment Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bath Church Endowment Fund 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: $0
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What is the mission statement of Bath Church Endowment Fund Inc?
The Bath Church Endowment Fund Inc's mission is to collect donations and dispense funding grants, specifically to support the existing ministry, special projects, and significant infrastructure upgrades of Bath Church. Their objective is to provide financial assistance for the church's ongoing operations and major development initiatives. By accumulating donations and distributing grants, the Fund aims to contribute to the church's growth and continued service to its community.
Who is the CEO of Bath Church Endowment Fund Inc?
David C Claes is the Chairperson of Bath Church Endowment Fund Inc.
What is the revenue of Bath Church Endowment Fund Inc?
Bath Church Endowment Fund Inc's revenue in 2022 was $34,234.
Who are the executives of Bath Church Endowment Fund Inc and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990 for Bath Church Endowment Fund Inc?
Bath Church Endowment Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Bath Church Endowment Fund Inc
Bath Church Endowment Fund Inc's mission revolves around accumulating donations and distributing funding grants. This nonprofit organization primarily supports Bath Church's existing ministry, special projects, and significant capital expenditures. By accumulating donations, Bath Church Endowment Fund Inc contributes to the church's ongoing initiatives and major construction projects, ensuring the church's continued growth and impact. The organization's mission is crucial in providing financial support to Bath Church, enabling it to carry out its mission effectively and serve its community more comprehensively.
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Impact
October, 2024
Bath Church Endowment Fund Inc plays a crucial role in enhancing the community by providing essential funding for Bath Church's existing ministry, special projects, and major capital expenditures. Through the accumulation of donations, the organization ensures that resources are available to support various initiatives that foster spiritual growth and community engagement.
The impact of Bath Church Endowment Fund Inc can be seen in its ability to facilitate significant projects that align with the church's mission, enhancing worship experiences and community outreach. By issuing grants, the fund contributes to the maintenance and improvement of church facilities, enabling a welcoming environment for congregation members and the wider community. Thus, the organization not only sustains the church's existing programs but also empowers innovative projects that address the evolving needs of its members and the surrounding area in Akron, Ohio.
This information is meant to be a general summary of Bath Church Endowment Fund 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: $31,926
- Gross Receipts: $34,234
Assets and Liabilities:
- Total Assets: $1,115,257
- Total Liabilities: $0
- Net Assets: $1,115,257
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Organization Details
Founding Year
1998
Phone
(330) 666-3520Principal Officer
David C Claes
Main Address
3980 W Bath Rd, Akron, OH, 443331106
NTEE Category
Code: X112 - Religion related
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