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Friends Of Agape

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 462853104 ✦ Colorado springs, CO ✦ Designated as a 501(c)(3)

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Overview

What is Friends Of Agape?

Friends of Agape is a nonprofit organization situated in Colorado Springs, Colorado. Their primary focus is to aid in Bible translation and distribution, utilizing accelerated models in various formats such as print, audio, and video. Their mission is twofold: to reinforce churches globally in fulfilling Jesus' Great Commission and to express His love and mercy through acts of service towards the underprivileged. The organization engages in training and strengthening church networks to effectively disseminate the Scriptures, thereby reaching out to those without access to it.


Official website here: www.friendsofagape.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 97% (Four-Star out of Four Star Rating)

Friends Of Agape has demonstrated a strong commitment to accountability and finance, earning a high 97% rating from Charity Navigator. This score reflects the organization's effective management of funds, with a remarkable program expense ratio of 91.77% and an efficient fundraising cost of only $0.03. Key strengths include a fully independent board, comprehensive oversight policies, and a robust financial health indicator, allowing them to manage assets and liabilities effectively.

The organization has complied with vital governance practices, including the listing of conflict of interest and whistleblower policies, which further solidifies its commitment to transparency and ethical operations. With a solid working capital ratio, Friends Of Agape is well-positioned to sustain its programs and impact from year to year, although the lack of recent assessments on impact and community adaptability could suggest areas for improvement in performance measurement.

Currently, there are no user reviews available from GreatNonprofits, preventing additional insights into the experiences of individuals and stakeholders connected to Friends Of Agape. Overall, the organization stands out for its financial integrity and strong governance practices, while its impact measurement remains an opportunity for further development.


This AI summary has been generated from information found on Charity Navigator.

Is Friends Of Agape legitimate?

Friends Of Agape is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of Agape 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: $0

For more financial information, click here


Official website here: www.friendsofagape.org

What is the mission statement of Friends Of Agape?

Friends of Agape's mission is focused on supporting the global fulfillment of Jesus' teachings. Specifically, the organization aims to strengthen churches and demonstrate love and compassion through acts of mercy. One of their key activities involves assisting Bible translation efforts for communities without access to Scripture, facilitating the distribution of the Bible in various formats such as print, audio, and video. This is done to help churches apply accelerated models effectively. In essence, Friends of Agape strives to spread the teachings of Jesus and strengthen religious communities worldwide by promoting Bible translation and church strengthening.


Official website here: www.friendsofagape.org

Who is the CEO of Friends Of Agape?

Unavailable


Official website here: www.friendsofagape.org

What is the revenue of Friends Of Agape?

Friends Of Agape's revenue in 2023 was $9,731,898.


Official website here: www.friendsofagape.org

Who are the executives of Friends Of Agape and what are their salaries?

There 8 volunteers at Friends Of Agape.


Here are 9 key members and their salaries:


Harold Overstreet (Board Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Koeniger (Board Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Coghlan (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ken Axt (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rosamma Finney (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Paterson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sahrie Wenceslao (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Dinolfo (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Hoffman (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.friendsofagape.org

Where can I find the form 990 for Friends Of Agape?

Friends Of Agape's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.friendsofagape.org

Learn more at the official website: www.friendsofagape.org

Mission Statement of Friends Of Agape

Friends of Agape, as an organization, is committed to assisting in the fulfillment of Jesus' Great Commission globally. They achieve this by focusing on two primary aspects: strengthening churches and practicing love and mercy according to Jesus' Great Commandment. In essence, Friends of Agape aims to support churches around the world and manifest love and compassion towards the less fortunate.

To execute their mission, Friends of Agape engages with the Scripture-less population. They collaborate with church networks to implement accelerated models of Bible translation, ensuring that the sacred texts are made available in various formats, including print, audio, and video. By doing so, they enable individuals who were previously without access to the Bible to connect with its teachings, fostering spiritual growth and strengthening the faith within communities.

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Impact




July, 2024

Friends Of Agape's impact can be seen in the strengthening of churches globally, the training provided to church networks, the facilitation of Bible translation efforts, and the support given to serving the poor. By engaging the Scripture-less and applying accelerated models of Bible translation and distribution in various formats, Friends Of Agape is contributing significantly to spreading the message of Christianity. Additionally, their acts of love and mercy in serving the vulnerable demonstrate a commitment to living out Jesus' Great Commandment.




This information is meant to be a general summary of Friends Of Agape. 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.

Revenue
$9,731,898 (2023)
Expenses
$7,378,049 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $23,923
  • Program Service Revenue: $58,740
  • Gross Receipts: $9,731,898

Assets and Liabilities:

  • Total Assets: $6,541,023
  • Total Liabilities: $24,847
  • Net Assets: $6,516,176

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Biblical translation

Revenue

$58,740

Organization Details

Founding Year

2013

Main Address

PO Box 49522, Colorado Springs, CO, 80949

NTEE Category

Code: X20 - Religion related

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