Overview
What is Prassion Inc?
Prassion Inc, based in Fairfax, Virginia, is a nonprofit organization with a mission to spread the Gospel globally. They achieve this by planting and serving churches, offering medical assistance, and training future community leaders. Additionally, Prassion Inc establishes educational programs to foster growth and development. The organization provides support to missionaries and hosts inaugural worship services, aiming to save lives and restore families. Prassion Inc's dedication extends beyond spiritual matters, as they also invest in community development and future leaders.
Official website here: www.prassion.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Star Rating)
Prassion Inc has received an overall score of 83%, indicating a solid level of accountability and financial health. The charity displays strong governance features, including a fully independent board with five members and no material diversion of assets. Additionally, the organization maintains a high program expense ratio of 93.85%, suggesting that a significant portion of their funds is directed toward their programs.
While the financial metrics are commendable, there are areas for improvement in governance policies. Notably, Prassion Inc lacks a whistleblower policy and a document retention and destruction policy, which are key components of robust organizational practices. These omissions could raise concerns about transparency and risk management for stakeholders.
Overall, Prassion Inc demonstrates a strong commitment to its mission through effective financial management and independent oversight. However, strengthening governance practices would enhance its credibility and operational integrity.
This AI summary has been generated from information found on Charity Navigator.
Is Prassion Inc legitimate?
Prassion Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Prassion 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,000
For more financial information, click here
Official website here: www.prassion.org
What is the mission statement of Prassion Inc?
Prassion Inc's mission is centered around spreading the gospel globally. They achieve this by planting and serving churches, aiming to save lives and restore families. In addition to this, they offer medical assistance to help communities and train future leaders. Their commitment extends to establishing education programs to foster growth and development. The organization's work encompasses various initiatives such as providing missionary support and hosting inaugural worship services.
Official website here: www.prassion.org
Who is the CEO of Prassion Inc?
Daniel Shinjong Baeq is the President of Prassion Inc.
Official website here: www.prassion.org
What is the revenue of Prassion Inc?
Prassion Inc's revenue in 2022 was $59,701.
Official website here: www.prassion.org
Who are the executives of Prassion Inc and what are their salaries?
Here are 5 key members and their salaries:
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- Other: $0
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- Other: $0
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Official website here: www.prassion.org
Where can I find the form 990 for Prassion Inc?
Prassion Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.prassion.org
Learn more at the official website: www.prassion.org
Mission Statement of Prassion Inc
Prassion Inc, as a nonprofit organization, is committed to spreading the Gospel globally. They achieve this by planting and serving churches, aiming to save lives and restore families. Furthermore, Prassion provides medical assistance to train future community leaders. To accomplish this mission, they also establish educational programs. This multifaceted approach allows Prassion Inc to make a significant impact on both spiritual and practical levels, ultimately striving to improve the lives of individuals and communities.
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Impact
August, 2024
Prassion Inc's impact is significant in spreading the Gospel worldwide, planting and serving churches, saving lives, restoring families through medical assistance, training future community leaders, and establishing education programs. Through its programs such as missionary support and inaugural worship services, Prassion Inc is actively fulfilling its mission to make a positive difference in communities. Its location in Fairfax, VA serves as a hub for these impactful activities, making a tangible difference in the lives of many.
This information is meant to be a general summary of Prassion 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.
- Gross Receipts: $59,701
Assets and Liabilities:
- Total Assets: $641,024
- Total Liabilities: $0
- Net Assets: $641,024
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Organization Details
Founding Year
2013
Phone
(703) 505-1775Principal Officer
Daniel Shinjong Baeq
Main Address
10509 JUDICIAL DR 302, FAIRFAX, VA, 22030
Website
www.prassion.orgNTEE Category
Code: Z99 - Unknown
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