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Equipping With 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: 383770606 ✦ Statesville, NC ✦ Designated as a 501(c)(3)

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Overview

What is Equipping With Truth Ministries Inc?

Equipping With Truth Ministries Inc is a nonprofit organization situated in Statesville, North Carolina, with a focus on uplifting children in Uganda who are struggling due to poverty and lack of opportunities. The organization's mission is to empower individuals to lead Godly, fulfilling lives that honor Christ. In Uganda, children face hardships such as food scarcity, inadequate shelter, and limited access to education. Equipping With Truth Ministries seeks to provide support and hope to these children, some of whom live with their families and others in boarding schools. The organization's activities aim to improve their living conditions and provide them with an education, ultimately breaking the cycle of poverty and oppression in their lives.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 79% (Three-Star out of Four Star Rating)

Equipping With Truth Ministries Inc has received a solid Three-Star rating from Charity Navigator, indicating a good level of accountability and financial health. The rating is solely derived from its Accountability & Finance score, reflecting the organization's commitment to responsible management of its resources. With a score of 79, the charity has demonstrated a strong adherence to financial best practices.

Notable strengths include an independent board with full compliance in areas such as board size and member independence. The organization has also excelled in maintaining policies regarding conflict of interest, whistleblower protection, and document retention, all contributing to its high score in governance. Additionally, the charity has shown a commendable liabilities to assets ratio, underscoring its financial stability.

While the overall rating is favorable, the score primarily reflects governance and financial practices rather than programmatic effectiveness or impact. Users may want to consider this aspect if they are interested in the charity's outcomes and service delivery beyond its financial metrics.


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

Is Equipping With Truth Ministries Inc legitimate?

Equipping With Truth Ministries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Equipping With 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $102,734

For more financial information, click here

What is the mission statement of Equipping With Truth Ministries Inc?

Equipping With Truth Ministries Inc's mission is centered around equipping and empowering individuals to live fulfilling lives that honor Christ. Their objective is to help individuals lead lives that elevate Christ. The organization focuses on providing support for children in Uganda who are facing challenging circumstances, such as food scarcity, inadequate shelter, and limited access to education. Their mission extends beyond this, aiming to equip these individuals with the tools necessary to break the cycle of poverty and oppression in their lives.

Who is the CEO of Equipping With Truth Ministries Inc?

James G Mclelland Jr is the Board Chairman of Equipping With Truth Ministries Inc.

What is the revenue of Equipping With Truth Ministries Inc?

Equipping With Truth Ministries Inc's revenue in 2022 was $764,155.

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

There 25 volunteers at Equipping With Truth Ministries Inc.


Here are 9 key members and their salaries:


James G Mclelland (Board Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ralph Carter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
J Mclelland (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dennis Leaman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dodd Mays (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Stephens (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ted Vance (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Mallory (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Betty Jo Mclelland (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Equipping With Truth Ministries Inc?

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

Mission Statement of Equipping With Truth Ministries Inc

Equipping With Truth Ministries Inc is dedicated to empowering and equipping individuals to live fulfilling lives that honor Christ. Their mission is centered around providing support to help individuals lead Godly lives, ultimately uplifting Christ. This nonprofit organization recognizes the challenges faced by many children in Uganda, including food scarcity, inadequate shelter, and limited access to education. In response to these issues, Equipping With Truth Ministries Inc has initiated a Child Development Program. Through this program, they aim to improve the lives of these children, providing them with the necessities they need and offering them an opportunity for education. The ultimate goal is to break the cycle of poverty and oppression, enabling these children to lead more prosperous lives and honor Christ in their actions.

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Impact




July, 2024

Equipping With Truth Ministries Inc's impact can be seen in the lives of the children in Uganda who are part of their Child Development Program. These children, facing hardships such as inadequate shelter, lack of food, and limited access to education, are given a chance to break the cycle of poverty and oppression. Through the ministry's efforts, these children are empowered to have hope for a better future and are equipped with the necessary resources to live fulfilling lives that exalt Christ.




This information is meant to be a general summary of Equipping With 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
$764,155 (2022)
Expenses
$670,829 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $6,464
  • Gross Receipts: $764,155

Assets and Liabilities:

  • Total Assets: $1,253,602
  • Total Liabilities: $348
  • Net Assets: $1,253,254

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Organization Details

Founding Year

2007

Principal Officer

James G Mclelland Jr

Main Address

119 West Broad Street, Statesville, NC, 28677

NTEE Category

Code: X20 - Religion related

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