Overview
What is John Wesley-James Jones Memorial Foundation?
The John Wesley-James Jones Memorial Foundation, situated in Houghton, Michigan, is a nonprofit organization that primarily focuses on supporting the campus ministries of local churches. By offering scholarships and grants, this foundation aims to help college students maintain or establish connections with their local churches during their academic years. The foundation's mission involves strengthening the relationship between universities and their nearby churches, ultimately enriching both communities.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, Two-Star out of Four Star rating. The John Wesley-James Jones Memorial Foundation has received a rating of 73%, which indicates a moderate level of performance in terms of accountability and financial health. This rating reflects a solid performance in areas such as board independence and liabilities management but highlights significant gaps in governance policies.
One of the nonprofit's strengths includes a fully independent board with 10 out of 10 points, which suggests effective oversight. Additionally, the foundation has a strong program expense ratio of 80.38%, indicating that a considerable portion of its funds is directed towards its programs. The organization also has no material diversion of assets, showcasing financial integrity.
However, the foundation has notable limitations, particularly in governance practices. It lacks critical policies, including conflict of interest, whistleblower, and document retention policies, which received zero points. Furthermore, the absence of tax forms on its website raises transparency concerns. These issues suggest that while the foundation is financially stable, improvements in governance and transparency are necessary to enhance its overall rating.
This AI summary has been generated from information found on Charity Navigator.
Is John Wesley-James Jones Memorial Foundation legitimate?
John Wesley-James Jones Memorial Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. John Wesley-James Jones Memorial Foundation 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: $0
For more financial information, click here
What is the mission statement of John Wesley-James Jones Memorial Foundation?
The John Wesley-James Memorial Foundation's mission is centered around supporting the campus ministries of local churches. This mission is aimed at fostering connections between college students and their local churches during their academic years. The foundation achieves this goal through the provision of scholarships and grants. By doing so, it encourages students to maintain or establish a strong relationship with their local faith communities, thereby contributing to their personal growth and spiritual development during their college years.
Who is the CEO of John Wesley-James Jones Memorial Foundation?
Jacob Manchester is the President of John Wesley-James Jones Memorial Foundation.
What is the revenue of John Wesley-James Jones Memorial Foundation?
John Wesley-James Jones Memorial Foundation's revenue in 2022 was $35,600.
Who are the executives of John Wesley-James Jones Memorial Foundation and what are their salaries?
Here are 7 key members and their salaries:
- 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: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for John Wesley-James Jones Memorial Foundation?
John Wesley-James Jones Memorial Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of John Wesley-James Jones Memorial Foundation
The John Wesley-James Jones Memorial Foundation is committed to supporting the campus ministries of local churches. This nonprofit organization aims to foster connections between college students and their local churches, encouraging students to maintain or establish ties with their religious communities during their academic years. To achieve this goal, the foundation provides scholarships and grants to these campus ministries. By doing so, the John Wesley-James Jones Memorial Foundation plays a significant role in nurturing the spiritual growth and religious engagement of college students, ultimately strengthening the bond between them and their local faith communities.
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
August, 2024
The John Wesley-James Jones Memorial Foundation makes a significant impact by supporting local churches and their campus ministries at universities in Houghton, MI. Through scholarships and grants, the foundation encourages college students to maintain or develop ties with local churches during their college years. This support strengthens the connection between students and their faith communities, fostering a sense of belonging and spiritual growth.
This information is meant to be a general summary of John Wesley-James Jones Memorial Foundation. 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: $35,600
- Gross Receipts: $71,684
Assets and Liabilities:
- Total Assets: $1,077,089
- Total Liabilities: $0
- Net Assets: $1,077,089
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1998
Phone
(906) 482-8923Principal Officer
Jacob Manchester
Main Address
201 Isle Royal St, Houghton, MI, 49931
NTEE Category
Code: B82Z - Education
If you are a representative of John Wesley-James Jones Memorial Foundation 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.