Overview
What is By The Spirit Ministries Inc?
By The Spirit Ministries Inc is a nonprofit organization situated in Lexington, Kentucky, with an additional presence in several other cities across the United States, including Jacksonville, Birmingham, Somerset, Richmond, and Jackson. Their primary mission is to equip and motivate church members to actively participate in spreading the Gospel of Jesus Christ globally, contributing to the realization of His Kingdom among various peoples and nations. As of now, their outreach extends beyond their home base to countries such as Nepal, Thailand, Cameroon, Niger, and Eswatini. With a modest workforce of one individual, they are committed to fulfilling this vision.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 71% (Two-Star out of Four Star rating)
By The Spirit Ministries Inc has a score of 71%, which reflects a moderate level of accountability and financial health. The organization scores particularly well in several key areas, including having a fully independent board and effective governance practices. They have achieved a perfect score in both their liabilities to assets ratio and program expense ratio, indicating strong financial management and commitment to their mission.
Strengths of By The Spirit Ministries include a well-structured board with all members being independent and a clear absence of material diversions of assets. The organization also demonstrates robust practices in documenting board meeting minutes and has a solid conflict of interest policy in place. These elements contribute positively to the organization's operational integrity and transparency.
However, despite its strengths, the overall rating of 71% suggests that there are areas for improvement. While the charity exhibits strong program expense ratios, the relatively low overall rating indicates potential concerns in other financial or operational aspects that may not have been highlighted in the strengths. Continued monitoring and enhancement of practices could help improve their rating in the future.
This AI summary has been generated from information found on Charity Navigator.
Is By The Spirit Ministries Inc legitimate?
By The Spirit Ministries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. By The Spirit Ministries 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: $43,973
Professional Fundraising Fees: $0
Other Salaries and Wages: $9,940
For more financial information, click here
What is the mission statement of By The Spirit Ministries Inc?
By The Spirit Ministries Inc's mission is centered around spreading the Gospel of Jesus Christ globally. Their objective is to empower and mobilize every believer from various churches to fulfill their strategic roles in achieving the Great Commission. This effort continues until the Kingdom of God is established among all nations. The organization has expanded its reach from several cities in the United States, including Lexington, Jacksonville, Birmingham, Somerset, Richmond, and Jackson, and is now sending missionary groups to countries such as Nepal, Thailand, Cameroon, Niger, and Eswatini.
Who is the CEO of By The Spirit Ministries Inc?
Miles Phelps is the Principal Officer of By The Spirit Ministries Inc.
What is the revenue of By The Spirit Ministries Inc?
By The Spirit Ministries Inc's revenue in 2022 was $757,987.
Who are the executives of By The Spirit Ministries Inc and what are their salaries?
The average compensation at By The Spirit Ministries Inc during 2022 was $53,913. There is 1 employee and 50 volunteers at By The Spirit Ministries Inc.
Here are 8 key members and their salaries:
- Compensation: $43,973
- Related: $0
- Other: $35,693
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for By The Spirit Ministries Inc?
By The Spirit Ministries Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of By The Spirit Ministries Inc
By The Spirit Ministries Inc is dedicated to spreading the message of Jesus Christ worldwide. Their mission is to empower and mobilize every believer within the Church, encouraging them to fulfill their strategic roles in completing the Great Commission. This commitment extends beyond their initial location in Lexington, as they have expanded their reach to cities such as Jacksonville, Birmingham, Somerset, Richmond, and Jackson.
As a part of their global mission, By The Spirit Ministries Inc sends missionary groups to various nations, including Nepal, Thailand, Cameroon, Niger, and Eswatini. This international outreach is crucial in their pursuit of sharing the Gospel of Jesus Christ with people from diverse backgrounds and cultures. Their goal is to establish His Kingdom among all nations, bringing about peace and unity through the teachings of Christ.
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Impact
July, 2024
By The Spirit Ministries Inc is making a significant impact in spreading the Gospel of Jesus Christ around the world. Their mission is to empower and mobilize believers to play their most strategic role in fulfilling the Great Commission until His Kingdom comes among all people groups. This organization, based in Lexington, KY, has expanded its reach to several cities and is sending missionary groups to Nepal, Thailand, Cameroon, Niger, and Eswatini. Through their efforts, By The Spirit Ministries Inc is actively spreading the message of Jesus Christ to diverse nations, making a profound impact on the lives of individuals worldwide.
This information is meant to be a general summary of By The Spirit Ministries 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.
- Program Service Revenue: $757,987
- Gross Receipts: $757,987
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Contributions
Revenue
$757,987
Organization Details
Founding Year
2013
Phone
(859) 229-1909Principal Officer
Miles Phelps
Main Address
136 West Gate Drive, Lexington, KY, 40502
NTEE Category
Code: X99 - Religion related
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