Overview
What is Divine Hope Reformed Bible Seminary?
Divine Hope Reformed Bible Seminary is a nonprofit organization situated in Demotte, Indiana. Their primary mission is to educate individuals incarcerated in correctional facilities, imparting them with Biblical and theological knowledge. This rigorous program aims to foster moral transformation, enabling inmates to live with hope, joy, and positively impact their families, churches, and communities upon release. By nurturing humility and holiness, Divine Hope seeks to develop peacemakers within prison communities and beyond. Their operations involve a team of four dedicated individuals.
Official website here: www.divinehopeseminary.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement, Two-Star out of Four Stars (Score: 69%)
Divine Hope Reformed Bible Seminary has been evaluated with a two-star rating, indicating that the organization needs improvement in several areas of accountability and finance. While the organization has a strong independent board with 100% of board members being independent, it lacks essential financial transparency, having no financial statements available for review. This raises concerns about the organization’s overall financial practices.
Strengths include a solid program expense ratio of 89.02%, suggesting that the majority of its resources are directed towards its mission-related expenses. The organization has also demonstrated no material diversion of assets, which is a positive sign regarding financial integrity. However, the absence of key policies, such as conflict of interest and whistleblower policies, along with missing financial documents on its website, suggests a need for enhanced governance practices.
Overall, while Divine Hope Reformed Bible Seminary performs well in some financial metrics, the lack of transparency and essential policies poses significant areas for growth. Addressing these issues could help improve its rating and foster greater trust among donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Divine Hope Reformed Bible Seminary legitimate?
Divine Hope Reformed Bible Seminary is a legitimate nonprofit organization registered as a 501(c)(3) entity. Divine Hope Reformed Bible Seminary 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: $263,594
For more financial information, click here
Official website here: www.divinehopeseminary.org
What is the mission statement of Divine Hope Reformed Bible Seminary?
Divine Hope Reformed Bible Seminary's mission is centered around delivering Biblical and theological education to individuals residing in correctional facilities. The primary objective of this intensive curriculum is to foster moral transformation within these individuals, enabling them to lead fulfilling lives filled with hope and joy. The seminary seeks to instill humility and holiness in its students, ultimately nurturing them to become beacons of moral change within their prison communities and beyond. By doing so, Divine Hope Reformed Bible Seminary aims to produce peaceful, transformative figures who can positively influence their families, churches, and wider communities.
Official website here: www.divinehopeseminary.org
What is the revenue of Divine Hope Reformed Bible Seminary?
Divine Hope Reformed Bible Seminary's revenue in 2023 was $556,411.
Official website here: www.divinehopeseminary.org
Who are the executives of Divine Hope Reformed Bible Seminary and what are their salaries?
The average compensation at Divine Hope Reformed Bible Seminary during 2023 was $87,865. There are 3 employees and 12 volunteers at Divine Hope Reformed Bible Seminary.
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Official website here: www.divinehopeseminary.org
Where can I find the form 990 for Divine Hope Reformed Bible Seminary?
Divine Hope Reformed Bible Seminary's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.divinehopeseminary.org
Learn more at the official website: www.divinehopeseminary.org
Mission Statement of Divine Hope Reformed Bible Seminary
Divine Hope Reformed Bible Seminary is a nonprofit organization dedicated to providing Biblical and theological education to individuals residing in correctional institutions. The primary objective of this institution is to facilitate the moral transformation of these individuals, enabling them to lead lives filled with hope and joy. The seminary aims to foster humility and holiness within its students, ultimately nurturing them to become exemplary figures of moral change. Divine Hope Reformed Bible Seminary strives to cultivate incarcerated men and women who can serve as beacons of peace within their prison communities and beyond, contributing positively to their families, churches, and broader societies.
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Impact
July, 2024
Divine Hope Reformed Bible Seminary's impact is profound and transformational. By providing Biblical and theological instruction to the residents of correctional institutions, the Seminary is actively working towards the moral transformation of these individuals. Through a rigorous program of studies, Divine Hope Reformed Bible Seminary aims to instill hope, joy, humility, and holiness in its students.
By nurturing and educating incarcerated men and women in the doctrines of Christ, the Seminary cultivates individuals who can serve as examples of moral transformation and be peacemakers within their prison communities and beyond. The impact of Divine Hope Reformed Bible Seminary extends beyond the classroom, as it equips its students to positively influence their families, churches, and communities with their newfound knowledge and values.
This information is meant to be a general summary of Divine Hope Reformed Bible Seminary. 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 2023.
- Investment Income: $973
- Gross Receipts: $568,381
Assets and Liabilities:
- Total Assets: $1,000,679
- Total Liabilities: $3,883
- Net Assets: $996,796
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Organization Details
Founding Year
2011
Principal Officer
Tom Zandstra
Website
www.divinehopeseminary.orgNTEE Category
Code: X20 - Religion related
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