Overview
What is Macedonian Ministry Foundation Inc?
The Macedonian Ministry Foundation Inc, situated in Kennesaw, Georgia, is a nonprofit organization primarily focused on revitalizing mainline Protestant congregations and communities. They achieve this through the formation of "cohorts," monthly study groups led by trained mentors, where best practices in church renewal are discussed, and mutual support is provided. The organization develops a curriculum for these meetings, focusing on leadership development. Moreover, they conduct "Next Level Seminars" for pastors and lay leaders to attend together, aiming to enhance their faithfulness and effectiveness in their congregations and local communities. With a team of five dedicated individuals, the Macedonian Ministry Foundation Inc plays a significant role in fostering spiritual growth and community transformation.
Official website here: www.macedonianministry.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Star rating)
Macedonian Ministry Foundation Inc has received a solid Three-Star rating from Charity Navigator, reflecting its overall accountability and financial health. The organization boasts a strong score in several key areas, including a 100% independent board and a clean record regarding the material diversion of assets. Additionally, it maintains a high program expense ratio of nearly 78%, indicating that a significant portion of its funds is directed towards its mission.
However, there are some areas of concern that merit attention. The organization is missing critical policies such as the whistleblower policy and guidelines for document retention and destruction, both of which could enhance its governance framework. Furthermore, while the fundraising efficiency ratio is notably low, suggesting high costs relative to funds raised, the organization does maintain a healthy liabilities to assets ratio and an impressive working capital ratio.
Overall, while the Macedonian Ministry Foundation Inc demonstrates strong financial management and commitment to its mission, addressing the noted governance gaps could further strengthen its rating and operational transparency.
This AI summary has been generated from information found on Charity Navigator.
Is Macedonian Ministry Foundation Inc legitimate?
Macedonian Ministry Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Macedonian Ministry Foundation 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: $553,927
Professional Fundraising Fees: $0
Other Salaries and Wages: $392,296
For more financial information, click here
Official website here: www.macedonianministry.org/
What is the mission statement of Macedonian Ministry Foundation Inc?
The Macedonian Ministry Foundation Inc is organized and operated with the goal of revitalizing mainline Protestant congregations and communities. Their mission is to support the development of pastors, helping them become more faithful and effective leaders within their congregations and local communities. This is achieved through the organization of monthly "cohorts," guided by trained mentors, where best practices in church renewal are studied and mutual support is provided. Additionally, the foundation develops and implements a curriculum for these meetings, focusing on leadership. Furthermore, they conduct "Next Level Seminars" for pastors and lay leaders to attend together, aiming to enhance their abilities and collaborative efforts.
Official website here: www.macedonianministry.org/
Who is the CEO of Macedonian Ministry Foundation Inc?
Laura Whitaker is the Chair of Macedonian Ministry Foundation Inc.
Official website here: www.macedonianministry.org/
What is the revenue of Macedonian Ministry Foundation Inc?
Macedonian Ministry Foundation Inc's revenue in 2022 was $2,851,896.
Official website here: www.macedonianministry.org/
Who are the executives of Macedonian Ministry Foundation Inc and what are their salaries?
The average compensation at Macedonian Ministry Foundation Inc during 2022 was $189,245. There are 5 employees and 4 volunteers at Macedonian Ministry Foundation Inc.
Here are 9 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $3,500
- Related: $0
- Other: $0
- Compensation: $179,065
- Related: $0
- Other: $109,140
- Compensation: $184,620
- Related: $0
- Other: $81,100
- Compensation: $109,896
- Related: $0
- Other: $106,256
- Compensation: $100,807
- Related: $0
- Other: $52,197
Official website here: www.macedonianministry.org/
Where can I find the form 990 for Macedonian Ministry Foundation Inc?
Macedonian Ministry Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.macedonianministry.org/
Learn more at the official website: www.macedonianministry.org/
Mission Statement of Macedonian Ministry Foundation Inc
The Macedonian Ministry Foundation Inc is committed to revitalizing mainline Protestant congregations and strengthening community engagement. Their mission is twofold: firstly, they aim to assist in the development of pastors, helping them become more faithful and effective leaders within their congregations and local communities. This is achieved through organizing cohorts that meet regularly, under the guidance of a trained mentor. These cohorts study best practices in church renewal and offer mutual support to one another.
Secondly, the Macedonian Ministry Foundation Inc develops and implements a curriculum for these meetings, focusing on leadership development. They also conduct 'Next Level Seminars' for pastors and lay leaders to attend together. These seminars provide an opportunity for further learning and collaboration, fostering a united front in church renewal efforts. By investing in the growth and leadership of pastors, the Macedonian Ministry Foundation Inc seeks to empower congregations and communities, ultimately contributing to a more vibrant and resilient religious landscape.
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Impact
July, 2024
Macedonian Ministry Foundation Inc has a significant impact on the revitalization of mainline Protestant congregations and communities. Through the organization of cohorts that meet monthly with trained mentors, they facilitate the study of best practices in church renewal and provide mutual support. They also develop and implement a curriculum focusing on leadership for these meetings. Additionally, the foundation conducts "Next Level Seminars" for pastors and lay leaders to attend together, further enhancing their skills and effectiveness. Overall, their mission to develop pastors into more faithful and effective leaders in their congregations and communities is making a tangible difference in the religious landscape.
This information is meant to be a general summary of Macedonian Ministry Foundation 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.
- Investment Income: $126,970
- Program Service Revenue: $26,397
- Gross Receipts: $2,851,896
Assets and Liabilities:
- Total Assets: $5,462,472
- Total Liabilities: $463,690
- Net Assets: $4,998,782
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM REVENUE
Revenue
$19,769
PASTORAL CONSULTING RE
Revenue
$6,628
Organization Details
Founding Year
2012
Phone
(404) 551-5158Principal Officer
Laura Whitaker
Main Address
3006 WATERDANCE DRIVE, KENNESAW, GA, 30152
Website
www.macedonianministry.org/NTEE Category
Code: X99 - Religion related
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