Overview
What is Breaking Chains Honduras Inc?
Breaking Chains Honduras Inc is a nonprofit organization based in Oklahoma City, Oklahoma, with a focus on providing assistance to individuals in poverty in Tegucigalpa, Honduras. Their mission is to serve and bring about change for those affected by poverty through various means, including meeting basic needs, fostering human relationships, and offering opportunities for education and employment. The organization carries out its mission through street outreach, community benevolence, grants, and outreach programs, as well as young adult ministry and volunteer outreach. Their work is driven by a commitment to show love and restore communities through redemptive relationships with Jesus Christ, as manifested in church activities, community efforts, and programs like vacation Bible schools. The nonprofit is staffed by a team of four dedicated individuals.
Official website here: www.bchonduras.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement, 69%)
Breaking Chains Honduras Inc has received a two-star rating from Charity Navigator, indicating areas in need of improvement. While the organization boasts a strong program expense ratio of 92.77%, illustrating a commitment to its mission, it falls short in several accountability and financial practices. The lack of financial statements and missing policies such as conflict of interest and whistleblower protections are significant concerns.
The organization benefits from having an entirely independent board, which suggests good governance practices in some areas. Additionally, there is no material diversion of assets reported, and the liabilities to assets ratio stands at 0.00%, indicating financial stability in terms of managing debts. However, the absence of essential policies raises questions about the organization's overall transparency and accountability.
Overall, while Breaking Chains Honduras Inc shows strong program dedication, it needs to address its governance and financial documentation shortcomings to improve its rating and build greater trust with stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Breaking Chains Honduras Inc legitimate?
Breaking Chains Honduras Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Breaking Chains Honduras 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: $172,013
For more financial information, click here
Official website here: www.bchonduras.org
What is the mission statement of Breaking Chains Honduras Inc?
Breaking Chains Honduras Inc is a nonprofit organization dedicated to serving individuals living in poverty in the capital city. Their mission is to bring about change for those affected by poverty by meeting their basic needs and fostering human relationships, acting as a bridge towards a relationship with Christ. They achieve this through various initiatives, including street outreach, community benevolence, education and vocation programs, young adult ministry, and volunteer outreach.
Official website here: www.bchonduras.org
Who is the CEO of Breaking Chains Honduras Inc?
Jeff Brown is the President of Breaking Chains Honduras Inc.
Official website here: www.bchonduras.org
What is the revenue of Breaking Chains Honduras Inc?
Breaking Chains Honduras Inc's revenue in 2022 was $594,572.
Official website here: www.bchonduras.org
Who are the executives of Breaking Chains Honduras Inc and what are their salaries?
The average compensation at Breaking Chains Honduras Inc during 2022 was $43,003. There are 4 employees and 50 volunteers at Breaking Chains Honduras Inc.
Here are 6 key members and their salaries:
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Official website here: www.bchonduras.org
Where can I find the form 990 for Breaking Chains Honduras Inc?
Breaking Chains Honduras Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bchonduras.org
Learn more at the official website: www.bchonduras.org
Mission Statement of Breaking Chains Honduras Inc
Breaking Chains Honduras is a nonprofit organization dedicated to reaching out and making a difference in the lives of those living in poverty, primarily in the capital city of Honduras. Their mission is twofold: firstly, they aim to serve those affected by poverty by meeting their basic needs and fostering human relationships. These relationships act as a bridge towards establishing a relationship with Christ. Secondly, Breaking Chains Honduras seeks to serve through various initiatives such as street outreach, community benevolence, education and vocation programs, young adult ministry, and volunteer outreach. By engaging in these activities, the organization hopes to bring about change and improve the living conditions of those they serve.
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Impact
July, 2024
Breaking Chains Honduras Inc's impact can be seen in the positive changes it brings to the lives of those affected by poverty in Tegucigalpa, Honduras. Through street outreach and community benevolence initiatives, the organization provides essential support such as food, hygiene items, medical assistance, and living expenses to those in need. Additionally, Breaking Chains focuses on building redemptive relationships with Jesus Christ, aiming to heal and restore communities through their work.
The organization's dedication to serving the vulnerable population and their holistic approach to addressing basic needs, education, vocation initiatives, and spiritual development make a significant impact on the lives of individuals and communities in Tegucigalpa. By engaging in street outreach, community activities, and volunteer outreach efforts, Breaking Chains Honduras Inc is making a meaningful difference in the lives of those they serve.
This information is meant to be a general summary of Breaking Chains Honduras 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $594,572
Assets and Liabilities:
- Total Assets: $212,098
- Total Liabilities: $0
- Net Assets: $212,098
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Organization Details
Founding Year
2012
Phone
(765) 729-3056Principal Officer
Jeff Brown
Main Address
PO BOX 20454, OKLAHOMA CITY, OK, 73156
Website
www.bchonduras.orgNTEE Category
Code: Q33 - International
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