Overview
What is Praxis Ministries?
Praxis Ministries is a nonprofit organization that serves as a valuable resource for churches and other charitable entities. Their primary mission is to assist these organizations in their efforts to spread the word, foster spiritual growth, and contribute to their local communities through evangelism, discipleship, and community service initiatives. By providing support in these areas, Praxis Ministries aims to help these entities make a positive impact on people's lives.
What are the reviews and ratings of this charity?
Charity Navigator Rating: One-Star out of Four Stars (50%)
Praxis Ministries has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial management. The charity's score reflects a lack of essential governance practices, such as an independent board composition, where only 33% of the board members are independent, and the absence of critical policies like conflict of interest and whistleblower protections.
Despite some positive aspects, including a strong program expense ratio of 89.81%, which suggests that the majority of funds are directed toward its programs, the organization lacks transparency. Important financial statements are not available, and the absence of required documentation, such as meeting minutes and tax forms on its website, further raises red flags about its operational practices.
Overall, while Praxis Ministries demonstrates a commitment to programmatic spending, the deficiencies in accountability and governance may hinder its credibility and effectiveness as a nonprofit organization. This rating serves as a caution signal for potential donors and supporters looking for transparency and responsible stewardship of funds.
This AI summary has been generated from information found on Charity Navigator.
Is Praxis Ministries legitimate?
Praxis Ministries is a legitimate nonprofit organization registered as a 501(c)(3) entity. Praxis Ministries 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: $46,696
Professional Fundraising Fees: $0
Other Salaries and Wages: $237,188
For more financial information, click here
What is the mission statement of Praxis Ministries?
Praxis Ministries is committed to aiding churches and non-profit organizations in their efforts to spread faith, nurture believers, and contribute to their communities. The organization provides support in various aspects, including evangelism, discipleship, and community service. By doing so, Praxis Ministries aims to strengthen these institutions and empower them to make a positive impact in people's lives.
Who is the CEO of Praxis Ministries?
Jason Raber is the President of Praxis Ministries.
What is the revenue of Praxis Ministries?
Praxis Ministries's revenue in 2022 was $760,681.
Who are the executives of Praxis Ministries and what are their salaries?
The average compensation at Praxis Ministries during 2022 was $18,926. There are 15 employees at Praxis Ministries.
Here are 4 key members and their salaries:
- Compensation: $14,946
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $1,750
- Related: $0
- Other: $0
- Compensation: $36,000
- Related: $0
- Other: $0
Where can I find the form 990 for Praxis Ministries?
Praxis Ministries's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Praxis Ministries
Praxis Ministries, a non-profit organization, is dedicated to empowering churches and other charitable organizations in their efforts to spread the message of faith, nurture believers, and serve their communities. By providing support in the areas of evangelism, discipleship, and community service, Praxis Ministries aims to help these organizations fulfill their roles more effectively. By doing so, the non-profit seeks to contribute to the broader mission of spreading faith and promoting positive change in communities across the nation.
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Impact
July, 2024
Praxis Ministries supports churches and non-profits in their evangelism, discipleship, and community service endeavors. Through their work, they have made a significant impact on helping these organizations carry out their missions effectively. They have played a crucial role in helping spread religious teachings, develop stronger communities, and facilitate positive change in society. Their efforts have led to the growth and improvement of numerous religious and community-based initiatives, ultimately making a positive difference in the lives of many individuals.
This information is meant to be a general summary of Praxis Ministries. 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: $760,681
Assets and Liabilities:
- Total Assets: $220,316
- Total Liabilities: $7,733
- Net Assets: $212,583
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Organization Details
Founding Year
2014
Principal Officer
Jason Raber
Main Address
2150 E SOUTHERN AVE, TEMPE, AZ, 852827504
NTEE Category
Code: X20 - Religion related
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