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Prepare The Way Ministries

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 450545347 ✦ Centennial, CO ✦ Designated as a 501(c)(3)

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Overview

What is Prepare The Way Ministries?

Prepare The Way Ministries is a nonprofit organization situated in Centennial, Colorado. Their primary mission is to promote global evangelism and foster a deeper understanding of Jesus Christ. They achieve this goal by establishing various religious institutions such as churches, bible schools, colleges, and K-12 schools. In addition to this, they have a strong focus on Colorado and its neighboring states, where they support and establish houses of prayer and provide essential sound equipment. Furthermore, they collaborate with regional churches to organize and run state-wide prayer initiatives, impacting hundreds of individuals and drawing them closer to their faith. Additionally, they offer leadership development opportunities for pastors and leaders in the metro Denver area. With a dedicated workforce of one individual, Prepare The Way Ministries is committed to spreading the message of Jesus Christ worldwide.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 97% (Four-Star out of Four Star rating)

Prepare The Way Ministries has achieved an impressive 97% score, reflecting its strong performance in accountability and finance. The organization’s high rating is attributed to its effective governance practices, with a board composed entirely of independent members and a robust set of policies in place to ensure ethical operations. This level of oversight and transparency is crucial for fostering trust with donors and stakeholders alike.

The nonprofit excels in its program expense ratio, dedicating 85% of its expenses to programmatic activities, which indicates a strong commitment to its mission. Additionally, it has demonstrated fiscal responsibility by maintaining a liabilities to assets ratio of 0.00%, signaling that it is operating without debt. These financial metrics showcase the organization’s dedication to using its resources efficiently to impact its community positively.

While the data reflects a highly effective organization, there are no specific limitations noted in the feedback. Overall, Prepare The Way Ministries stands out as a reputable nonprofit, fulfilling its mission with integrity and accountability.


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

Is Prepare The Way Ministries legitimate?

Prepare The Way Ministries is a legitimate nonprofit organization registered as a 501(c)(3) entity. Prepare The Way 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: $87,070
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Prepare The Way Ministries?

Prepare The Way Ministries is committed to promoting worldwide evangelism and fostering a deep understanding and faith in Jesus Christ. They achieve this objective through various means, such as establishing and maintaining churches, Bible schools, colleges, and K-12 schools. The organization's mission is to make Jesus Christ known to the world, utilizing all available resources at their disposal. They have supported and established houses of prayer and provided necessary equipment, collaborating with regional churches to coordinate state-wide prayer initiatives. Additionally, they engage in leadership development for pastors and leaders in specific areas.

Who is the CEO of Prepare The Way Ministries?

Daniel Yeackley is the President of Prepare The Way Ministries.

What is the revenue of Prepare The Way Ministries?

Prepare The Way Ministries's revenue in 2022 was $94,661.

Who are the executives of Prepare The Way Ministries and what are their salaries?

The average compensation at Prepare The Way Ministries during 2022 was $87,070. There is 1 employee at Prepare The Way Ministries.


Here are 4 key members and their salaries:


Daniel Yeackley (President)
  • Compensation: $30,000
  • Related: $0
  • Other: $57,070
Jennie Yeackley (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nick Dafni (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Thompson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Prepare The Way Ministries?

Prepare The Way Ministries's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Prepare The Way Ministries

Prepare the Way Ministries is dedicated to promoting worldwide evangelism and fostering a deep understanding and faith in Jesus Christ. To achieve this mission, the organization employs various strategies, such as establishing and maintaining churches, bible schools, colleges, and K-12 schools. Their primary objective is to make these resources available to spread the word of Jesus Christ through any means possible.

Prepare the Way Ministries has also been actively involved in planting and maintaining houses of prayer across multiple states, including Colorado. They have provided essential sound equipment to support these prayer spaces and collaborated with regional churches to coordinate state-wide prayer initiatives. These initiatives have positively impacted numerous individuals, helping them to draw closer to their faith. Furthermore, Prepare the Way Ministries has undertaken leadership development programs for pastors and leaders in the metro Denver area, contributing to the growth and success of local religious communities.

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Impact




October, 2024

Prepare The Way Ministries has made a significant impact in promoting worldwide evangelism and fostering faith in Jesus Christ. By establishing and supporting various houses of prayer across Colorado and surrounding states, the organization has created environments where individuals can draw closer to God. Their initiatives, including the coordination of statewide prayer efforts, have engaged hundreds of people, enhancing community spiritual life.

The ministry has also played a vital role in leadership development for pastors and church leaders in the Denver metro area, equipping them with the tools and training necessary to better serve their congregations. Furthermore, by providing resources such as sound equipment, Prepare The Way Ministries has ensured that worship and prayer gatherings can be conducted effectively, enhancing the overall worship experience. Through the establishment of churches and educational institutions like Bible schools, colleges, and K-12 schools, the organization continues to embed its mission into diverse aspects of community life, making a lasting contribution to spiritual growth and community development.




This information is meant to be a general summary of Prepare The Way 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.

Revenue
$94,661 (2022)
Expenses
$107,873 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $94,661

Assets and Liabilities:

  • Total Assets: $1,360
  • Total Liabilities: $0
  • Net Assets: $1,360

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Organization Details

Founding Year

2006

Principal Officer

Daniel Yeackley

Main Address

6530 E Lake Place, Centennial, CO, 80111

NTEE Category

Code: X99 - Religion related

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