Overview
What is Malachi Destiny & Purpose?
Malachi Destiny & Purpose is a nonprofit organization situated in Houston, Texas, dedicated to assisting inner-city families who are disadvantaged. Their mission encompasses various initiatives, including athletic discipleship, spiritual development, economic empowerment, and education. Through these programs, they aim to make a positive impact on the lives of these families, providing them with the necessary support and resources to overcome challenges and thrive.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement, Score: 73%, Two-Star out of Four Star rating
Malachi Destiny & Purpose holds a two-star rating from Charity Navigator, indicating that while the organization performs well in certain areas, there are aspects that require attention and improvement. With an accountability and finance score of 100%, the organization demonstrates strong governance practices, including having a majority of independent board members and maintaining thorough documentation of board meeting minutes.
The organization excels in financial management, evidenced by a program expense ratio of 95.37%, which suggests that it allocates a significant portion of its funds directly to program services. Additionally, they have a liabilities to assets ratio of 0.00%, indicating a robust financial position with no outstanding liabilities. Despite these strengths, the overall needs improvement rating suggests that there may be areas for growth or enhancement in other operational aspects that are not as clearly detailed in the data.
This AI summary has been generated from information found on Charity Navigator.
Is Malachi Destiny & Purpose legitimate?
Malachi Destiny & Purpose is a legitimate nonprofit organization registered as a 501(c)(3) entity. Malachi Destiny & Purpose 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: $41,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $8,858
For more financial information, click here
What is the mission statement of Malachi Destiny & Purpose?
Malachi Destiny & Purpose, an organization, is dedicated to serving disadvantaged families residing in urban areas. They achieve this goal through various initiatives, including athletic discipleship, spiritual development, economic empowerment, and educational programs. These initiatives are designed to uplift and support families in need, contributing to their overall well-being and development. The organization's mission is to extend a helping hand to these families, aiming to positively impact their lives and foster growth in Houston, Texas.
Who is the CEO of Malachi Destiny & Purpose?
Prince P Couisnard Sr is the Couisnard of Malachi Destiny & Purpose.
What is the revenue of Malachi Destiny & Purpose?
Malachi Destiny & Purpose's revenue in 2022 was $105,606.
Who are the executives of Malachi Destiny & Purpose and what are their salaries?
The average compensation at Malachi Destiny & Purpose during 2022 was $25,179. There are 2 employees and 60 volunteers at Malachi Destiny & Purpose.
Here are 4 key members and their salaries:
- Compensation: $41,500
- 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 Malachi Destiny & Purpose?
Malachi Destiny & Purpose's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Malachi Destiny & Purpose
Malachi Destiny & Purpose, a nonprofit organization, is committed to reaching out to families living in disadvantaged inner-city areas. They accomplish this mission through a multi-faceted approach, which includes athletic discipleship, spiritual development, economic development, and education. This nonprofit's programs in Houston, Texas, aim to uplift and empower these families, providing them with opportunities for growth and improvement in various aspects of their lives.
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Impact
October, 2024
Malachi Destiny & Purpose significantly impacts inner-city disadvantaged families in Houston, TX, by providing a range of transformative programs. Through athletic discipleship, individuals gain not only physical skills but also valuable life lessons in teamwork and resilience. The focus on spiritual development fosters a sense of community and personal growth, guiding participants in their faith journeys. Economic development initiatives aim to equip families with the tools and resources necessary for financial stability, while educational programs further empower individuals by enhancing their knowledge and skills. By addressing multiple facets of life—sports, faith, finances, and education—Malachi Destiny & Purpose creates a holistic approach to uplift and empower underserved populations, fostering hope and opportunity in the community.
This information is meant to be a general summary of Malachi Destiny & Purpose. 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: $105,606
Assets and Liabilities:
- Total Assets: $154,147
- Total Liabilities: $0
- Net Assets: $154,147
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Organization Details
Founding Year
2012
Phone
(713) 875-1502Principal Officer
Prince P Couisnard Sr
Main Address
3701 Charleston Street, Houston, TX, 77021
NTEE Category
Code: X20 - Religion related
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