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Footstool Missions Center

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

EIN: 465749888 ✦ Torrance, CA ✦ Designated as a 501(c)(3)

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Overview

What is Footstool Missions Center?

The Footstool Missions Center is a nonprofit organization situated in Torrance, California, with a focus on supporting the Christian faith globally. Their primary activities include conducting training and seminars, providing assistance to Christian ministries and churches in South Korea and other East Asian countries, and offering monetary support to these organizations. The ultimate goal of Footstool Missions Center is to foster and promote the spread and growth of the Christian faith worldwide. They strive to do this by offering support, encouragement, and facilitation to Christian communities across various regions.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 75% (Three-Star out of Four Star rating)

Footstool Missions Center has received a Three-Star rating from Charity Navigator, indicating a solid performance in terms of accountability and finance. The organization's score reflects a strong commitment to financial transparency and responsible management, with 100% of its board members being independent. This demonstrates a robust governance structure, which is essential for maintaining trust with donors and stakeholders.

The organization excels in its financial metrics, boasting a program expense ratio of 97.28%, meaning that nearly all funds raised are directed towards its mission-related programs. Additionally, Footstool Missions Center has demonstrated no material diversion of assets and has a liabilities to assets ratio of 0.00%, highlighting its financial stability and prudent fiscal management.

While the overall rating is commendable, it is primarily based on a single beacon score focused solely on accountability and finance. There are no indications of program effectiveness or outcomes provided, which could offer a more comprehensive view of the charity’s impact. Nevertheless, the organization appears to be well-managed and dedicated to its mission.


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

Is Footstool Missions Center legitimate?

Footstool Missions Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Footstool Missions Center 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

What is the mission statement of Footstool Missions Center?

The Footstool Missions Center is dedicated to promoting and fostering the spread and expansion of the Christian faith globally. They accomplish this mission by conducting training and seminars on the Christian faith, providing support personnel to Christian ministries and churches in South Korea and other East Asian countries, and offering monetary assistance to Christian organizations in South Korea. In essence, their goal is to encourage and facilitate the expansion of the Christian faith worldwide.

What is the revenue of Footstool Missions Center?

Footstool Missions Center's revenue in 2023 was $815,470.

Who are the executives of Footstool Missions Center and what are their salaries?

Here are 3 key members and their salaries:


Ryan Klejment (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Hwang (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sangmin Lee (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Footstool Missions Center?

Footstool Missions Center's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Footstool Missions Center

Footstool Missions Center is committed to supporting, encouraging, and facilitating the spread and growth of the Christian faith worldwide. To accomplish this mission, the organization conducts training and seminars on the Christian faith. Furthermore, Footstool Missions Center provides support personnel to Christian ministries and churches in South Korea and other East Asian countries. The primary goal is to aid in the dissemination of the Christian faith in these regions. Additionally, the center offers monetary support to Christian ministries and churches in South Korea, further strengthening their capacity to share and spread the Christian faith.

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Impact




July, 2024

Footstool Missions Center's impact is seen in the support, encouragement, and facilitation of the spread and growth of the Christian faith throughout the world. Through training, seminars, and providing support personnel to Christian ministries and churches in South Korea and other East Asian countries, they actively contribute to the propagation of the Christian message. Additionally, their financial support to Christian ministries and churches in South Korea further enables the advancement of the Christian faith in these regions. The organization's efforts play a significant role in promoting Christian teachings and values, making a meaningful impact on communities and individuals in need of spiritual support and guidance.




This information is meant to be a general summary of Footstool Missions Center. 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
$815,470 (2023)
Expenses
$859,132 (2023)
Efficiency

Other financial information:

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

  • Gross Receipts: $815,470

Assets and Liabilities:

  • Total Assets: $78,676
  • Total Liabilities: $0
  • Net Assets: $78,676

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Organization Details

Founding Year

2014

Principal Officer

Ryan Klejment-Lavin

NTEE Category

Code: X20 - Religion related

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