Overview
What is Third Baptist Church Endowment Fund Xxx-Xx-Xxxx?
The Third Baptist Church Endowment Fund Xxx-Xx-Xxxx is a charitable entity established to support various necessities and objectives of the Third Baptist Church, located at 42 McClurg Road, Youngstown, Ohio 44512. The fund serves as a resource, operated solely for the benefit of the church, with the mission to provide financial assistance in achieving its goals and needs.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 71%, earning it a Two-Star out of Four Star rating. This rating reflects a moderate level of performance in the areas of accountability and finance within the organization. While the Third Baptist Church Endowment Fund has a solid foundation with a fully independent board, the overall score indicates a need for improvement in transparency and governance policies.
The organization showcases strong accountability practices, evidenced by having a majority independent board and a favorable liabilities-to-assets ratio. However, several areas were flagged for improvement, such as the lack of a conflict of interest policy and a whistleblower policy, both of which are critical for fostering trust and safeguarding against potential misconduct.
Additionally, the fund's program expense ratio was relatively low, suggesting that a larger portion of its budget may not be directed towards its programs. The absence of essential documents on the nonprofit's website, including tax forms and board meeting minutes, further highlights transparency issues that could affect donor confidence. Overall, while the Third Baptist Church Endowment Fund demonstrates some commendable practices, there are significant areas that require attention to improve its rating and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Third Baptist Church Endowment Fund Xxx-Xx-Xxxx legitimate?
Third Baptist Church Endowment Fund Xxx-Xx-Xxxx is a legitimate nonprofit organization registered as a 501(c)(3) entity. Third Baptist Church Endowment Fund Xxx-Xx-Xxxx 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: $6,576
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Third Baptist Church Endowment Fund Xxx-Xx-Xxxx?
The Third Baptist Church Endowment Fund Xxx-Xx-Xxxx is operated with the primary goal of providing financial support to meet the needs and objectives of the Third Baptist Church. This fund aims to contribute to various demands of the church, ensuring its continuity and growth. The mission of this endowment fund is centered around providing financial resources to uphold and advance the church's vision and goals.
Who is the CEO of Third Baptist Church Endowment Fund Xxx-Xx-Xxxx?
Miriam Lee is the Treasurer of Third Baptist Church Endowment Fund Xxx-Xx-Xxxx.
What is the revenue of Third Baptist Church Endowment Fund Xxx-Xx-Xxxx?
Third Baptist Church Endowment Fund Xxx-Xx-Xxxx's revenue in 2022 was $67,749.
Who are the executives of Third Baptist Church Endowment Fund Xxx-Xx-Xxxx and what are their salaries?
Here are 11 key members and their salaries:
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- Compensation: $6,576
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Where can I find the form 990 for Third Baptist Church Endowment Fund Xxx-Xx-Xxxx?
Third Baptist Church Endowment Fund Xxx-Xx-Xxxx's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Third Baptist Church Endowment Fund Xxx-Xx-Xxxx
The Third Baptist Church Endowment Fund Xxx-Xx-Xxxx is designed to serve a specific purpose. Its mission is to provide financial support for the various needs and objectives of the Third Baptist Church. This fund operates with the sole intention of aiding and contributing to the church's cause, ensuring its continued growth and success. The endowment fund is an integral part of the church's operations, providing the necessary resources to meet its goals and fulfill its mission.
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Impact
October, 2024
The Third Baptist Church Endowment Fund serves a pivotal role in sustaining and advancing the mission of the Third Baptist Church in Youngstown, Ohio. By providing financial resources, the fund ensures that the church can meet its various needs and objectives, ultimately fostering a vibrant community centered around its religious activities. This support enables the church to maintain its facilities, enhance its programs, and offer outreach initiatives that resonate with both congregants and the broader community. The endowment enriches the spiritual life of its members and strengthens the church's ability to respond to changing needs, ensuring its ongoing impact in the region.
This information is meant to be a general summary of Third Baptist Church Endowment Fund Xxx-Xx-Xxxx. 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.
- Investment Income: $67,749
- Gross Receipts: $407,875
Assets and Liabilities:
- Total Assets: $881,182
- Total Liabilities: $0
- Net Assets: $881,182
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Organization Details
Founding Year
2012
Phone
(330) 743-7000Principal Officer
Miriam Lee
Main Address
42 MCCLURG ROAD, YOUNGSTOWN, OH, 44512
NTEE Category
Code: X11 - Religion related
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