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Fossores

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

EIN: 464517795 ✦ Jackson, MI ✦ Designated as a 501(c)(3)

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Overview

What is Fossores?

Fossores is a nonprofit organization located in Jackson, Michigan, with a single employee. Their primary focus is to support and empower pastors through various means, including training, coaching, and providing resources. This encompasses access to ministerial materials, group cohorts, retreats, and other tools designed to guide, teach, and inspire individuals involved in the pastoral sector. Their mission is to equip and strengthen pastors, contributing positively to religious communities.


Official website here: www.fossoreschapterhouse.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 61% (Two-Star out of Four Star rating)

Fossores has received a rating of 61% from Charity Navigator, indicating a need for improvement in some areas of accountability and financial management. While the organization benefits from a fully independent board with no material diversion of assets, there are significant gaps in governance policies, such as the absence of a conflict of interest policy and whistleblower protections.

The organization performs well in program spending, with an impressive program expense ratio of 81.03%, suggesting that a substantial majority of its funds are directed toward its mission-related activities. However, the liabilities to assets ratio of 70.31% raises concerns about its financial stability, as it indicates a high level of liabilities compared to its assets.

Overall, while Fossores demonstrates strengths in independent governance and program efficiency, the lack of critical policies and a concerning liabilities ratio highlight areas that require attention to enhance its overall accountability and sustainability as a nonprofit organization.


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

What do the Facebook reviews say about Fossores?

100% of 5 reviewers on Facebook recommend Fossores. Here is a summary of their reviews:

The overall sentiment towards Fossores is exceptionally positive, with users praising it as an environment that fosters reflection, deep conversation, and spiritual growth. Reviewers appreciate the opportunity to connect with new friends and engage in meaningful discussions that challenge them personally and spiritually.

In addition, the theme of innovation stands out, highlighting the nonprofit's commitment to excellence and providing unique experiences. Participants feel encouraged and supported in their journey towards personal and spiritual development, making Fossores a valued resource in the community.


This AI summary has been generated from reviews found on Facebook.

Is Fossores legitimate?

Fossores is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fossores 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: $39,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.fossoreschapterhouse.com

What is the mission statement of Fossores?

Fossores, an organization, is dedicated to providing pastors with education and support. Their mission encompasses offering training, coaching, and various resources to individuals involved in the pastoral sector. This is achieved through access to ministerial materials, group cohorts, retreats, and other resources designed to guide, teach, and inspire these individuals.


Official website here: www.fossoreschapterhouse.com

Who is the CEO of Fossores?

Dr David Mcdonald is the President of Fossores.


Official website here: www.fossoreschapterhouse.com

What is the revenue of Fossores?

Fossores's revenue in 2022 was $188,652.


Official website here: www.fossoreschapterhouse.com

Who are the executives of Fossores and what are their salaries?

The average compensation at Fossores during 2022 was $39,000. There is 1 employee and 130 volunteers at Fossores.


Here are 5 key members and their salaries:


Dr David Mcdonald (President)
  • Compensation: $39,000
  • Related: $0
  • Other: $0
Greg Gallagher (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Loren Kerns (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Josh Kirchmeier (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Phillips (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.fossoreschapterhouse.com

Where can I find the form 990 for Fossores?

Fossores's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.fossoreschapterhouse.com

Learn more at the official website: www.fossoreschapterhouse.com

Mission Statement of Fossores

Fossores, a nonprofit organization, is committed to providing pastors with the necessary resources, coaching, and training. Its mission is to guide, teach, and inspire individuals involved in the pastoral sector. Fossores achieves this by offering various retreats, group cohorts, and access to ministerial materials. These resources are designed to support, educate, and empower pastors, enabling them to serve their communities effectively. By providing these resources, Fossores aims to strengthen the pastoral community and contribute to the growth and development of religious institutions.

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Impact




October, 2024

Fossores significantly impacts the pastoral community by equipping pastors with the necessary training, coaching, and resources to enhance their effectiveness in ministry. By offering access to ministerial materials, group cohorts, and retreats, Fossores fosters a supportive environment that encourages personal and professional growth. This comprehensive approach not only guides and inspires individuals in their pastoral roles but also enhances the overall quality of spiritual leadership within the community. In essence, Fossores plays a crucial role in developing well-rounded, informed pastors who can better serve their congregations and contribute to their communities.




This information is meant to be a general summary of Fossores. 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
$188,652 (2022)
Expenses
$211,564 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $79,213
  • Gross Receipts: $188,652

Assets and Liabilities:

  • Total Assets: $507,644
  • Total Liabilities: $395,515
  • Net Assets: $112,129

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Programs

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

CONSULTING/TEACHING

Revenue

$39,614

MINISTRY RETREATS

Revenue

$23,238

MEMBERSHIP DUES

Revenue

$15,014

COHORT INCOME

Revenue

$968

ONLINE STORE SALES

Revenue

$379

Organization Details

Founding Year

2018

Principal Officer

Dr David Mcdonald

Main Address

5580 SLAYTON ROAD, JACKSON, MI, 49201

NTEE Category

Code: X20 - Religion related

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