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Wayne Montgomery Old Paths Tract Society

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

EIN: 350865294 ✦ Shoals, IN ✦ Designated as a 501(c)(3)

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Overview

What is Wayne Montgomery Old Paths Tract Society?

Wayne Montgomery Old Paths Tract Society is a nonprofit organization situated in Shoals, Indiana. With a team of 14 dedicated individuals, they specialize in providing printing services primarily for churches and religious organizations. Their mission is to disseminate gospel tracts, Sunday school literature, and books that promote Christian education, as well as periodicals and newsletters. These resources serve to support both home and foreign missions, contributing to the broader spread of religious teachings. Their primary activity revolves around publishing materials that advance Christian education and missionary efforts.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 52%, earning it a One-Star out of Four Star rating. This low rating indicates significant concerns regarding the organization’s accountability and financial transparency. The lack of independent board members and missing key policies raise questions about governance and conflict of interest safeguards.

The organization does report a strong program expense ratio of 100%, which suggests that all of its expenditures are directed towards its programs. However, the absence of financial statements and critical governance documents, such as the conflict of interest policy and the whistleblower policy, highlights a lack of transparency that is crucial for donor confidence.

Overall, while the Wayne Montgomery Old Paths Tract Society demonstrates effective program spending, its governance practices and financial transparency are lacking, as evidenced by the low scores in those areas. Donors may want to consider these factors when deciding on their support for the organization.


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

Is Wayne Montgomery Old Paths Tract Society legitimate?

Wayne Montgomery Old Paths Tract Society is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wayne Montgomery Old Paths Tract Society 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: $284,087

For more financial information, click here

What is the mission statement of Wayne Montgomery Old Paths Tract Society?

The Wayne Montgomery Old Paths Tract Society is dedicated to serving as publishers, providing gospel tracts, Sunday school literature, and books that promote Christian education. Their mission encompasses the production of periodicals and newsletters, all with the aim of supporting home and foreign missions. By offering these resources, they contribute to the advancement of Christian education and missionary work worldwide.

Who is the CEO of Wayne Montgomery Old Paths Tract Society?

Bryan Montgomery is the President of Wayne Montgomery Old Paths Tract Society.

What is the revenue of Wayne Montgomery Old Paths Tract Society?

Wayne Montgomery Old Paths Tract Society's revenue in 2022 was $584,647.

Who are the executives of Wayne Montgomery Old Paths Tract Society and what are their salaries?

The average compensation at Wayne Montgomery Old Paths Tract Society during 2022 was $20,292. There are 14 employees at Wayne Montgomery Old Paths Tract Society.


Here are 7 key members and their salaries:


Bryan Montgomery (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stanley D Montgomery (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gerald D Montgomery (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vaughn D Montgomery (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wayne Sanders (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edward A Cook (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melvin R Albright (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Wayne Montgomery Old Paths Tract Society?

Wayne Montgomery Old Paths Tract Society's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Wayne Montgomery Old Paths Tract Society

Wayne Montgomery Old Paths Tract Society is an organization dedicated to the publication and distribution of gospel tracts, Sunday school literature, and books that promote Christian education. Their mission extends beyond print materials, also encompassing the creation of periodicals and newsletters, all in support of both home and foreign missions. Through their printing services, they cater to various churches and religious organizations. By doing so, they contribute to the spread of religious teachings and education, playing a role in fostering spiritual growth within communities.

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Impact




July, 2024

Wayne Montgomery Old Paths Tract Society's impact can be seen through their dedication to printing and publishing gospel tracts, Sunday school literature, books promoting Christian education, and periodicals that support home and foreign missions. By providing printing services to churches and religious organizations, they help spread the teachings of Christianity and support missionary work both locally and abroad. Their work plays a crucial role in promoting faith, education, and community engagement within the Christian community.




This information is meant to be a general summary of Wayne Montgomery Old Paths Tract Society. 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
$584,647 (2022)
Expenses
$644,869 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $23
  • Program Service Revenue: $584,624
  • Gross Receipts: $584,647

Assets and Liabilities:

  • Total Assets: $348,143
  • Total Liabilities: $0
  • Net Assets: $348,143

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Programs

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

Sanatoga Corporation

Revenue

$88,701

Bible Missionary Publication

Revenue

$51,361

Bible Missionary Church

Revenue

$48,702

Allegheny Wesleyan Methodist

Revenue

$18,841

Evangelist of Truth

Revenue

$17,168

Organization Details

Founding Year

1976

Principal Officer

Bryan Montgomery

Main Address

11298 Old Paths Lane, Shoals, IN, 47581

NTEE Category

Code: A82Z - Arts

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