Overview
What is Continental Baptist Missions?
Continental Baptist Missions, located in Rockford, Michigan, is a nonprofit organization that serves as a hub for supporting missionaries and missionary churches across the United States. Their primary mission is to facilitate the establishment and growth of Biblically grounded and spiritually nurturing Baptist churches throughout North America. They achieve this by offering various services, including assistance in church planting. The organization welcomes prayer and financial contributions from churches and individuals, and subsequently distributes these resources to their missionary beneficiaries. With a team of nine dedicated employees, Continental Baptist Missions plays a vital role in fostering the spiritual growth of Baptist communities in North America.
Official website here: www.gocbm.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87% (Three-Star out of Four Star rating)
Continental Baptist Missions has earned a solid three-star rating from Charity Navigator, reflecting a strong commitment to accountability and financial health. With an overall score of 87%, the organization demonstrates robust governance, highlighted by a 94% independent board and the absence of material diversion of assets. This indicates a high level of transparency and adherence to best practices in nonprofit management.
Strengths of Continental Baptist Missions include its impressive program expense ratio of 82.70%, showcasing that a significant portion of its funding is directed toward its mission-related activities. Additionally, the organization has successfully maintained a low liabilities to assets ratio of 13.07%, which suggests financial stability and prudent management of resources. The presence of comprehensive policies regarding conflict of interest and whistleblower protections further enhances its operational integrity.
However, the fundraising efficiency ratio is notably low at $0.012, indicating that the organization may face challenges in generating funds effectively relative to its fundraising expenses. While its financial indicators are strong, improving fundraising strategies could enhance overall effectiveness and support for its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Continental Baptist Missions legitimate?
Continental Baptist Missions is a legitimate nonprofit organization registered as a 501(c)(3) entity. Continental Baptist Missions 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: $81,034
Professional Fundraising Fees: $0
Other Salaries and Wages: $261,513
For more financial information, click here
Official website here: www.gocbm.org
What is the mission statement of Continental Baptist Missions?
Continental Baptist Missions has a mission to offer support services for the establishment and growth of Biblically grounded and spiritually nurturing Baptist churches across North America. Their primary goal is to foster the development of these churches, ensuring they uphold sound biblical principles and maintain a strong spiritual foundation. To achieve this, they provide assistance in church planting within the United States and solicit prayer and financial aid from churches and individuals. The collected funds are then distributed to the beneficiary missionaries and churches.
Official website here: www.gocbm.org
Who is the CEO of Continental Baptist Missions?
Brad Hoff is the Principal Officer of Continental Baptist Missions.
Official website here: www.gocbm.org
What is the revenue of Continental Baptist Missions?
Continental Baptist Missions's revenue in 2022 was $2,317,388.
Official website here: www.gocbm.org
Who are the executives of Continental Baptist Missions and what are their salaries?
The average compensation at Continental Baptist Missions during 2022 was $38,061. There are 9 employees and 35 volunteers at Continental Baptist Missions.
Here are 20 key members and their salaries:
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Official website here: www.gocbm.org
Where can I find the form 990 for Continental Baptist Missions?
Continental Baptist Missions's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.gocbm.org
Learn more at the official website: www.gocbm.org
Mission Statement of Continental Baptist Missions
Continental Baptist Missions, a nonprofit organization, is committed to supporting the establishment and growth of Biblically sound and spiritually healthy Baptist churches across North America. Their mission is centered around providing essential services to missionaries and missionary churches. This encompasses offering assistance in the process of church planting, extending their reach throughout the United States. The organization encourages prayer and financial contributions from various churches and individuals, channeling these resources to the beneficiary missionaries. By doing so, Continental Baptist Missions plays a crucial role in fostering the expansion of Baptist faith and promoting spiritual well-being within North American communities.
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Impact
July, 2024
Continental Baptist Missions has a significant impact in supporting the planting and development of Biblically sound and spiritually healthy Baptist churches throughout North America. They provide vital services for missionaries and missionary churches, as well as assist in church planting efforts across the United States. Through their work, Continental Baptist Missions plays a crucial role in nurturing and spreading the Baptist faith in communities and guiding the growth of religious congregations. Their dedication to this mission is evident in the positive influence they have on fostering and maintaining strong and thriving Baptist churches.
This information is meant to be a general summary of Continental Baptist Missions. 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: -$7,500
- Program Service Revenue: $20,089
- Gross Receipts: $6,536,183
Assets and Liabilities:
- Total Assets: $2,438,953
- Total Liabilities: $321,056
- Net Assets: $2,117,897
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Publication Revenues
Revenue
$255
Conference
Revenue
$6,895
Building ministry
Revenue
$12,939
Organization Details
Founding Year
1942
Principal Officer
Brad Hoff
Main Address
11650 Northland Drive, Rockford, MI, 49341
Website
www.gocbm.orgNTEE Category
Code: X20 - Religion related
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