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Good Friends Inc

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

EIN: 363322577 ✦ Murrysville, PA ✦ Designated as a 501(c)(3)

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Overview

What is Good Friends Inc?

Good Friends Inc is a nonprofit organization situated in Murrysville, Pennsylvania. With a team of six dedicated individuals, their primary mission is to propagate the teachings of the Bible and spread the word of Jesus Christ. They achieve this through various mediums, including television ministry outreach, printed materials, and Bible study resources. The organization is actively engaged in producing and reproducing these materials to reach a broader audience, aiming to touch the faith of people in various walks of life. The ultimate goal of Good Friends Inc is to contribute to the dissemination of the Gospel and the making of disciples worldwide.


Official website here: www.thestreamtv.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81% (Three-Star out of Four Stars)

Good Friends Inc has received a Three-Star rating from Charity Navigator, indicating a solid level of accountability and finance management. The charity's score is derived entirely from its Accountability & Finance metrics, reflecting a strong commitment to ethical practices and transparency.

The organization demonstrates excellent governance with a fully independent board, having 100% of its board members free from conflicts of interest. Additionally, it has effective policies in place for material diversion of assets, whistleblower protection, and document retention, all contributing positively to its operational integrity.

However, while the Program Expense Ratio stands at a commendable 76.66%, which suggests efficient allocation of resources towards its programs, further insights into the impact of these programs or areas for improvement were not highlighted in the available data. Overall, Good Friends Inc shows promising fiscal responsibility and organizational strength.


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

Is Good Friends Inc legitimate?

Good Friends Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Good Friends 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: $109,318

For more financial information, click here


Official website here: www.thestreamtv.com

What is the mission statement of Good Friends Inc?

Good Friends Inc, as outlined in its mission statement, is committed to spreading the teachings of Jesus Christ and the Bible. Their primary objective is to reach out to individuals worldwide, regardless of their faith, with the goal of making disciples from all nations. They achieve this mission through various mediums, including television ministry, production, and reproduction of religious materials, such as Bible study materials and scripture readings. Additionally, they disseminate the good news through publications, thereby sharing the Gospel and promoting the word of God.


Official website here: www.thestreamtv.com

Who is the CEO of Good Friends Inc?

Cathy Hembree is the Board Director/Member of Good Friends Inc.


Official website here: www.thestreamtv.com

What is the revenue of Good Friends Inc?

Good Friends Inc's revenue in 2022 was $857,995.


Official website here: www.thestreamtv.com

Who are the executives of Good Friends Inc and what are their salaries?

The average compensation at Good Friends Inc during 2022 was $18,220. There are 6 employees and 30 volunteers at Good Friends Inc.


Here are 6 key members and their salaries:


Kevin Bateman (Board Director/Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pete Giacalone (Board Director/Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Walt Rattray (8435 N 39Th Ave)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eugene Heiskell (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cathy Hembree (Cfo)
  • Compensation: $21,090
  • Related: $0
  • Other: $0
Charles Rod Hembree (Coo)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.thestreamtv.com

Where can I find the form 990 for Good Friends Inc?

Good Friends Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.thestreamtv.com

Learn more at the official website: www.thestreamtv.com

Mission Statement of Good Friends Inc

Good Friends Inc, a nonprofit organization, is dedicated to spreading the teachings of Jesus Christ and the Bible. Their mission is threefold: firstly, they utilize various media to disseminate the Word of God through television ministry outreach. Secondly, they strive to share the Gospel of Jesus Christ and the Bible, aiming to convert individuals from all faith backgrounds. Lastly, they produce and reproduce printed materials related to the Bible, including Bible study materials and scripture readings. Good Friends Inc's objective is to reach every person, regardless of their religious beliefs, with the message of Jesus Christ and the teachings of the Bible.

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Impact




October, 2024

Good Friends Inc significantly impacts its community and beyond by sharing the teachings of the Bible through various media outlets. Through its television ministry, it reaches a vast audience, spreading the Gospel of Jesus Christ and making Bible teachings accessible to people from all walks of life. The production and distribution of printed materials further enhance this outreach, allowing individuals to engage with the Word of God in multiple formats.

By prioritizing youth development, Good Friends Inc targets younger generations, equipping them with spiritual knowledge and resources that encourage their growth in faith. This initiative fosters a sense of community and encourages a shared commitment to disciple-making across diverse populations. Through its focused efforts in education and outreach, Good Friends Inc contributes to a deeper understanding of spirituality, compassion, and connection within the Murrysville area and beyond.




This information is meant to be a general summary of Good Friends 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.

Revenue
$857,995 (2022)
Expenses
$927,787 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $857,995

Assets and Liabilities:

  • Total Assets: $22,010
  • Total Liabilities: $0
  • Net Assets: $22,010

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Organization Details

Founding Year

1985

Principal Officer

Cathy Hembree

Main Address

PO BOX 150, MURRYSVILLE, PA, 156680150

NTEE Category

Code: O40Z - Youth development

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