Overview
What is Forgotten Man Ministries?
Forgotten Man Ministries is a nonprofit organization primarily focused on jail ministry, operating in Michigan. Their mission is to spread evangelism and discipleship among inmates housed in county jails. They accomplish this by strategically placing well-trained and devoted chaplains within these facilities. The organization's flagship program, the jail chaplaincy program, is currently set to be implemented in Grand Rapids, MI. Through these initiatives, Forgotten Man Ministries strives to offer support and guidance to incarcerated individuals, aiming to make a positive impact on their lives.
Official website here: www.jailministry.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% - Four-Star out of Four Star rating from Charity Navigator
Forgotten Man Ministries has achieved an impressive Four-Star rating from Charity Navigator, reflecting its high standards in accountability and finance. With a score of 97%, the organization demonstrates a strong commitment to transparency and effective management, with an independent board comprising 88% members. The charity has received full marks in several critical areas, including audit oversight and material diversion of assets, indicating robust financial practices.
The nonprofit allocates a significant portion of its budget towards program expenses, achieving a program expense ratio of 71.98%. This suggests that a large majority of its funding directly supports its mission-related activities rather than administrative costs. Additionally, its fundraising efficiency is commendably low at $0.11 per dollar raised, showcasing effective fundraising efforts relative to their expenses.
While the organization demonstrates solid financial health with a liabilities-to-assets ratio of 8.90%, there are aspects to monitor, such as its working capital ratio of 0.62 years, which could indicate potential liquidity challenges if not addressed. Overall, Forgotten Man Ministries appears to be a well-run nonprofit dedicated to its mission, with strong financial practices in place.
This AI summary has been generated from information found on Charity Navigator.
Is Forgotten Man Ministries legitimate?
Forgotten Man Ministries is a legitimate nonprofit organization registered as a 501(c)(3) entity. Forgotten Man 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: $106,467
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,380,691
For more financial information, click here
Official website here: www.jailministry.org
What is the mission statement of Forgotten Man Ministries?
Forgotten Man Ministries is dedicated to carrying out evangelism and discipleship among inmates in various county jails. They achieve this mission by placing trained and devoted chaplains within these jail facilities. The organization operates programs like their jail chaplaincy program, with the aim of extending their services in locations such as Grand Rapids, MI. Their primary goal is to spread the message and guide inmates towards spiritual growth while incarcerated.
Official website here: www.jailministry.org
Who is the CEO of Forgotten Man Ministries?
Nathan Deward is the Secretary of Forgotten Man Ministries.
Official website here: www.jailministry.org
What is the revenue of Forgotten Man Ministries?
Forgotten Man Ministries's revenue in 2023 was $2,277,779.
Official website here: www.jailministry.org
Who are the executives of Forgotten Man Ministries and what are their salaries?
The average compensation at Forgotten Man Ministries during 2023 was $23,606. There are 63 employees and 2000 volunteers at Forgotten Man Ministries.
Here are 9 key members and their salaries:
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Official website here: www.jailministry.org
Where can I find the form 990 for Forgotten Man Ministries?
Forgotten Man Ministries's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.jailministry.org
Learn more at the official website: www.jailministry.org
Mission Statement of Forgotten Man Ministries
Forgotten Man Ministries is dedicated to spreading the message of evangelism and discipleship among inmates in various county jails across Michigan. Their mission is accomplished through the strategic placement of trained and devoted chaplains within these jail facilities. The organization, known as Reach the Forgotten Jail Ministry, operates a jail chaplaincy program, focusing on delivering its services in Grand Rapids, MI. The aim of this ministry is to provide spiritual support and guidance to inmates, helping them navigate their time in prison and fostering a path towards personal growth and transformation. By integrating chaplains into the jail system, Forgotten Man Ministries seeks to create a supportive and nurturing environment, enabling inmates to explore their faith and develop a stronger relationship with God.
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Impact
July, 2024
Forgotten Man Ministries has a significant impact in Michigan county jails through its jail ministry programs. By providing trained and dedicated chaplains within the jails, the organization is able to reach and support inmates through evangelism and discipleship. This direct engagement with incarcerated individuals in Grand Rapids and other areas of Michigan helps in offering spiritual guidance and support to a population that may often feel forgotten or marginalized. Through their efforts, Forgotten Man Ministries plays a crucial role in bringing hope and transformation to those in the criminal justice system.
This information is meant to be a general summary of Forgotten Man 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: $33,256
- Gross Receipts: $2,277,779
Assets and Liabilities:
- Total Assets: $1,455,355
- Total Liabilities: $129,651
- Net Assets: $1,325,704
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Organization Details
Founding Year
1966
Phone
(616) 784-4620Principal Officer
Nathan Deward
Main Address
1480 BUCHANAN SW, GRAND RAPIDS, MI, 49507
Website
www.jailministry.orgNTEE Category
Code: I43Z - Crime
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