Overview
What is Forum For Scriptural Christianity Inc?
Forum for Scriptural Christianity Inc., also known as Good News, is a nonprofit organization based in Spring, Texas. Their primary objective is to promote and preserve traditional, Bible-centered Christianity within the United Methodist Church. They achieve this through the publication of a printed magazine and maintaining a website, goodnewsmag.org. Their media outlets aim to educate, inform, and encourage United Methodists about the challenges and successes in upholding scriptural Christianity within their church. As a catalyst for faithful practice, Good News advocates for scriptural Christianity among all United Methodists, emphasizing Wesleyan doctrine and practice. They have a team of 11 dedicated individuals working towards their mission.
Official website here: www.goodnewsmag.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Forum For Scriptural Christianity Inc has earned a commendable Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and finance. The organization boasts a high score of 96% in this category, indicating effective management of funds and resources. Notably, it has a fully independent board, with all eight members being independent, ensuring that governance is free from conflicts of interest.
The nonprofit excels in various financial practices, including maintaining a low ratio of liabilities to assets at 6.50% and a program expense ratio of 72.03%. This suggests that the majority of its funds are directed towards its programs rather than administrative costs. Additionally, the organization has established comprehensive policies for conflict of interest, whistleblower protections, and document retention, which further enhance its accountability.
While the financial indicators are strong, there are no highlighted limitations in the data provided. Overall, Forum For Scriptural Christianity Inc demonstrates a robust operational framework, making it a trustworthy choice for potential donors looking to support a responsible and well-managed nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Forum For Scriptural Christianity Inc legitimate?
Forum For Scriptural Christianity Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Forum For Scriptural Christianity 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: $188,486
Professional Fundraising Fees: $0
Other Salaries and Wages: $277,674
For more financial information, click here
Official website here: www.goodnewsmag.org
What is the mission statement of Forum For Scriptural Christianity Inc?
Forum for Scriptural Christianity Inc's mission is to advocate for scriptural Christianity among United Methodists, aligning with Wesleyan doctrine and practice. They achieve this through the use of print and electronic media, engaging in the governance structure of the United Methodist Church. Their primary objectives with these media outlets are to inform, educate, and inspire United Methodists about the challenges and successes in preserving and renewing scriptural Christianity within their church. They publish a printed magazine and maintain a website, goodnewsmag.org, as part of their efforts.
Official website here: www.goodnewsmag.org
What is the revenue of Forum For Scriptural Christianity Inc?
Forum For Scriptural Christianity Inc's revenue in 2023 was $949,914.
Official website here: www.goodnewsmag.org
Who are the executives of Forum For Scriptural Christianity Inc and what are their salaries?
The average compensation at Forum For Scriptural Christianity Inc during 2023 was $58,270. There are 8 employees and 3 volunteers at Forum For Scriptural Christianity Inc.
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Official website here: www.goodnewsmag.org
Where can I find the form 990 for Forum For Scriptural Christianity Inc?
Forum For Scriptural Christianity Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.goodnewsmag.org
Learn more at the official website: www.goodnewsmag.org
Mission Statement of Forum For Scriptural Christianity Inc
Forum for Scriptural Christianity Inc, as an organization, is dedicated to advocating for scriptural Christianity within the United Methodist Church. They strive to uphold the Wesleyan doctrine and practice within the church community, using print and electronic media as their primary tools. The goal of their publications is multifaceted, aiming to inform, educate, and encourage United Methodists about the challenges and successes in preserving and renewing scriptural Christianity within their church. By participating in the governance structure of the United Methodist Church, Forum for Scriptural Christianity Inc seeks to support a faithful and vibrant practice of traditional, Bible-centered Christianity among its members.
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Impact
October, 2024
Forum For Scriptural Christianity Inc plays a significant role in promoting traditional, Bible-centered Christianity within the United Methodist Church. Through its initiatives, it provides a platform for United Methodists to engage with and understand the challenges and successes associated with maintaining and renewing scriptural beliefs within their denomination.
The organization publishes a magazine and maintains a website, which serve as vital resources for informing and educating its audience. These publications aim to encourage a vibrant practice of faith, drawing from the roots of Wesleyan doctrine. By addressing contemporary issues faced by the church and advocating for a return to scriptural foundations, Forum For Scriptural Christianity Inc fosters a community of believers committed to upholding their faith's principles.
Its efforts not only support individual spiritual growth but also influence the broader governance structure of the United Methodist Church, ensuring that traditional beliefs remain integral to its identity. This impactful advocacy helps strengthen the community of United Methodists and reinforces their commitment to scriptural Christianity, ultimately contributing to the church's overall vitality and direction.
This information is meant to be a general summary of Forum For Scriptural Christianity 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 2023.
- Investment Income: $55,136
- Program Service Revenue: $71,767
- Gross Receipts: $1,148,677
Assets and Liabilities:
- Total Assets: $2,105,396
- Total Liabilities: $136,889
- Net Assets: $1,968,507
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MAGAZINE ADVERTISING
Revenue
$29,565
WCA MANAGEMENT SERVICES
Revenue
$42,202
Organization Details
Founding Year
1967
Principal Officer
Rev Thomas A Lambrecht
Website
www.goodnewsmag.orgNTEE Category
Code: X21C - Religion related
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