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Spread Truth Ministries Inc

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

EIN: 371414019 ✦ Bloomington, IL ✦ Designated as a 501(c)(3)

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Overview

What is Spread Truth Ministries Inc?

Spread Truth Ministries Inc, based in Bloomington, Illinois, is a nonprofit organization dedicated to spreading the Christian faith and equipping believers to share it effectively. They have an international focus, particularly in Kenya and other African regions, where they collaborate with local organizations, churches, governments, and food banks to address both spiritual and basic needs. Their approach involves hands-on training and resources to empower Christians to share their faith confidently and lovingly. Moreover, Spread Truth Ministries has made significant strides in combating Female Genital Mutilation (FGM), with over 370 girls successfully completing their curriculum. As of now, the organization employs a team of seven individuals.


Official website here: www.spreadtruth.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 73%)

Spread Truth Ministries Inc has received a Two-Star rating from Charity Navigator, indicating that the organization has areas needing improvement despite some strengths in governance and financial practices. The nonprofit boasts a fully independent board, which is a positive sign for accountability, and has a good record regarding asset management, with no material diversions reported.

However, the organization faces significant challenges in transparency, with no financial statements available, which has heavily impacted its overall financial score. Additionally, the lack of a whistleblower policy and a document retention and destruction policy raises concerns about governance practices. While the program expense ratio is relatively strong at 66.78%, the absence of certain critical policies and documents could hinder trust from potential donors.


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

What do the Facebook reviews say about Spread Truth Ministries Inc?

100% of 30 reviewers on Facebook recommend Spread Truth Ministries Inc. Here is a summary of their reviews:

Many participants express that their experience with the ministry, particularly through mission trips to New York City, has been profoundly impactful. They emphasize the rewarding nature of sharing their faith and witnessing transformative moments, such as individuals choosing to embrace their beliefs. The enthusiasm for ongoing involvement with the organization is evident, with users eagerly anticipating future mission trips and activities.

Overall, the sentiments conveyed in the reviews reflect a deep appreciation for the ministry's efforts and a strong connection to its mission. People feel fulfilled and inspired by their experiences and firmly believe in the positive impact of the organization's work.


This AI summary has been generated from reviews found on Facebook.

Is Spread Truth Ministries Inc legitimate?

Spread Truth Ministries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Spread Truth Ministries 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: $130,468
Professional Fundraising Fees: $0
Other Salaries and Wages: $263,909

For more financial information, click here


Official website here: www.spreadtruth.com

What is the mission statement of Spread Truth Ministries Inc?

Spread Truth Ministries Inc's mission is centered around creating educational materials and resources to empower Christians, enabling them to share their faith confidently and in a compassionate manner. This mission extends beyond the United States, reaching Kenya and other parts of Africa. In Africa, the focus shifts slightly due to the greater need for basic necessities and personal care. Spread Truth addresses this need by collaborating with local organizations, churches, governments, and food banks. Through these partnerships, both the spiritual and basic needs of those being trained and those being witnessed to are met. Additionally, Spread Truth has led training programs for over 500 pastors and helped over 370 girls graduate from an FGM (Female Genital Mutilation) curriculum.


Official website here: www.spreadtruth.com

Who is the CEO of Spread Truth Ministries Inc?

William Mccorkle is the Executive Director of Spread Truth Ministries Inc.


Official website here: www.spreadtruth.com

What is the revenue of Spread Truth Ministries Inc?

Spread Truth Ministries Inc's revenue in 2022 was $927,239.


Official website here: www.spreadtruth.com

Who are the executives of Spread Truth Ministries Inc and what are their salaries?

The average compensation at Spread Truth Ministries Inc during 2022 was $56,340. There are 7 employees and 15 volunteers at Spread Truth Ministries Inc.


Here are 9 key members and their salaries:


William Mccorkle (Executive Director)
  • Compensation: $77,214
  • Related: $0
  • Other: $0
Art Simpson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Crisalli (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Horine (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevan Taylor (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Hall (Vice-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Jackson (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ed Scearce (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ben Mengarelli (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.spreadtruth.com

Where can I find the form 990 for Spread Truth Ministries Inc?

Spread Truth Ministries Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.spreadtruth.com

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

Mission Statement of Spread Truth Ministries Inc

Spread Truth Ministries Inc is committed to developing educational materials and resources to empower Christians, enabling them to confidently share their faith in a relevant and loving manner. Their mission is to reach out to the lost and train up Christians to effectively communicate their beliefs. In Africa, specifically in Kenya and surrounding areas, Spread Truth carries out this mission through hands-on training. However, due to the current need for basic necessities and personal care in these regions, the organization collaborates with local organizations, churches, governments, and food banks to address both spiritual and material needs. As a result, both those being trained and those being witnessed to have their basic needs met. Spread Truth has successfully trained over 500 pastors in the Gospel and helped over 370 girls graduate from an FGM (Female Genital Mutilation) curriculum, underscoring their commitment to spreading the truth of Christianity while addressing the unique challenges faced in the African context.

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Impact




July, 2024

Spread Truth Ministries Inc's impact is profound, as it focuses on developing training materials and resources to empower Christians to confidently share their faith in relevant and loving ways. The organization's program in Kenya and surrounding areas of Africa aims to reach the lost and equip Christians to share their faith effectively. Spread Truth not only provides hands-on training but also addresses the basic needs and personal care of individuals in these regions by partnering with local organizations, churches, governments, and food banks. This holistic approach ensures that both spiritual and practical needs are met for those being trained and the communities they serve. With over 500 pastors trained in the gospel and more than 370 girls graduating from the FGM curriculum "What is a Little Girl Worth," Spread Truth Ministries Inc is making a significant impact in spreading the message of Christ and positively impacting lives in Africa.




This information is meant to be a general summary of Spread Truth Ministries 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
$927,239 (2022)
Expenses
$1,004,443 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $64
  • Program Service Revenue: $64,045
  • Gross Receipts: $990,341

Assets and Liabilities:

  • Total Assets: $329,205
  • Total Liabilities: $161,514
  • Net Assets: $167,691

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Programs

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

PROGRAM FEES

Revenue

$64,045

Organization Details

Founding Year

2006

Principal Officer

William Mccorkle

Main Address

306 N MAIN ST, BLOOMINGTON, IL, 61701

NTEE Category

Code: X21 - Religion related

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