Overview
What is Rbc Ministries?
Rbc Ministries, also known as Our Daily Bread Ministries, is a Grand Rapids, Michigan-based nonprofit organization with a mission to make the profound wisdom of the Bible accessible to all. They achieve this through the publication of devotional materials, an active internet ministry, and radio broadcasting. With a team of 305 employees, Rbc Ministries aims to foster a deeper connection with God for individuals and families by bringing the Bible's life-changing knowledge within reach.
Official website here: www.odb.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Stars)
Rbc Ministries has received a Three-Star rating from Charity Navigator, indicating a solid performance overall. The charity excels in Accountability & Finance, scoring 89%, which shows strong financial oversight and governance, including a majority of independent board members. However, the Impact & Measurement score of 64% suggests room for improvement in demonstrating the effectiveness of its programs and outcomes.
The organization demonstrates a high level of transparency and adherence to best practices, with comprehensive policies in place for conflict of interest and whistleblower protections. Financially, Rbc Ministries maintains a healthy program expense ratio of 88.32%, ensuring that a significant portion of its funding goes directly toward its programs rather than administrative costs.
Despite its strengths, the Working Capital Ratio of 0.26 years is a concern, indicating potential liquidity issues. The relatively low score in Culture & Community (16%) may reflect challenges in engaging the broader community or measuring the social impact effectively. Overall, while Rbc Ministries showcases a strong financial foundation, it may benefit from enhanced strategies to improve its impact and community connections.
This AI summary has been generated from information found on Charity Navigator.
Is Rbc Ministries legitimate?
Rbc Ministries is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rbc Ministries 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: $1,611,305
Professional Fundraising Fees: $0
Other Salaries and Wages: $18,516,437
For more financial information, click here
Official website here: www.odb.org
What is the mission statement of Rbc Ministries?
Rbc Ministries' mission is geared towards making the wisdom of the Bible relatable and reachable for all. They achieve this objective through various means, which include the publication of devotional materials, internet ministry, and radio broadcasting. The ministry's primary offering is "Our Daily Bread," a devotional for individuals and families who are keen on cultivating a deep connection with God.
Official website here: www.odb.org
Who is the CEO of Rbc Ministries?
Matt Lucas is the President of Rbc Ministries.
Official website here: www.odb.org
What is the revenue of Rbc Ministries?
Rbc Ministries's revenue in 2023 was $64,910,282.
Official website here: www.odb.org
Who are the executives of Rbc Ministries and what are their salaries?
The average compensation at Rbc Ministries during 2023 was $65,993. There are 305 employees and 100 volunteers at Rbc Ministries.
Here are 21 key members and their salaries:
- Compensation: $185,657
- Related: $0
- Other: $7,380
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $232,306
- Related: $0
- Other: $25,607
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $185,657
- Related: $0
- Other: $21,656
- Compensation: $184,112
- Related: $0
- Other: $23,694
- Compensation: $146,287
- Related: $0
- Other: $19,012
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $149,494
- Related: $0
- Other: $22,320
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $194,829
- Related: $0
- Other: $17,513
- Compensation: $220,699
- Related: $0
- Other: $24,497
- Compensation: $146,287
- Related: $0
- Other: $11,054
- Compensation: $250,365
- Related: $0
- Other: $16,376
- Compensation: $239,622
- Related: $0
- Other: $13,736
- Compensation: $148,463
- Related: $0
- Other: $5,875
Official website here: www.odb.org
Where can I find the form 990 for Rbc Ministries?
Rbc Ministries's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.odb.org
Learn more at the official website: www.odb.org
Mission Statement of Rbc Ministries
Rbc Ministries, a dedicated organization, strives to make the profound wisdom of the Bible comprehensible and accessible to all. By publishing devotional materials, engaging in internet ministry, and broadcasting through radio, Rbc Ministries brings the life-changing insights of the Scriptures within reach of a wider audience.
The organization's unwavering commitment is to help individuals and families cultivate a deep, meaningful relationship with God through its monthly devotional publication, "Our Daily Bread." This thoughtfully curated resource invites readers to connect with divine wisdom and grow spiritually, fostering a sense of intimacy with the Almighty.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
RBC Ministries significantly impacts individuals and families by making the life-changing wisdom of the Bible accessible and understandable. Through their publication of devotional materials, most notably "Our Daily Bread," they help cultivate a closer relationship with God, fostering spiritual growth and encouragement. Additionally, their outreach through internet ministry and radio broadcasting expands their reach, allowing them to connect with diverse audiences seeking guidance and inspiration in their daily lives. This effort not only nurtures personal faith but also builds community and provides a source of hope and direction in challenging times.
This information is meant to be a general summary of Rbc Ministries. 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: $37,636
- Program Service Revenue: $5,220,207
- Gross Receipts: $65,019,670
Assets and Liabilities:
- Total Assets: $21,310,620
- Total Liabilities: $5,186,890
- Net Assets: $16,123,730
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Religious Books/Music
Revenue
$4,938,040
Seminary & Certificate Courses
Revenue
$282,167
Organization Details
Founding Year
1942
Phone
(616) 942-6770Principal Officer
Matt Lucas
Main Address
PO BOX 2222, GRAND RAPIDS, MI, 49501
Website
www.odb.orgNTEE Category
Code: X20Z - Religion related
If you are a representative of Rbc Ministries and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.