Overview
What is Catch The Fire Ministries Inc?
Catch The Fire Ministries Inc is a nonprofit organization, headquartered at 2304 Page Road, Durham, NC 27703. With a mission to impact the city of Raleigh, Durham, and the Triangle Region of North Carolina, they strive to spread the Gospel of Jesus Christ. They play a crucial role in raising up leaders and ministering to the less fortunate within their community. Their non-denominational nature allows them to extend their aid both domestically and internationally, whenever necessary, to further their ministry. The organization operates under the name Catch The Fire Raleigh and employs a team of 30 individuals.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 32%
Catch The Fire Ministries Inc receives a low rating of 32%, indicating significant concerns regarding its accountability and financial health. While the organization boasts a fully independent board and adheres to some governance policies, such as conflict of interest and whistleblower protections, it falls short in critical areas like financial transparency and program expenses. The lack of accessible financial statements and a missing website on its tax form contribute to this unfavorable score.
Strengths of the organization include a commitment to having a majority of independent board members and maintaining proper documentation of board meeting minutes. However, these positives are overshadowed by glaring financial shortcomings. The program expense ratio is notably low at 14.22%, and the fundraising efficiency ratio is reported as $0.00, raising questions about the organization's ability to effectively utilize funds raised for its intended programs.
Overall, while Catch The Fire Ministries Inc demonstrates some governance strengths, its financial management and transparency issues significantly detract from its credibility as a nonprofit organization. Potential donors and supporters may wish to consider these factors carefully before engaging with the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Catch The Fire Ministries Inc legitimate?
Catch The Fire Ministries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Catch The Fire Ministries 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: $122,522
Professional Fundraising Fees: $0
Other Salaries and Wages: $757,098
For more financial information, click here
What is the mission statement of Catch The Fire Ministries Inc?
Catch The Fire Ministries Inc, a non-denominational church, is committed to making an impact in the cities of Raleigh, Durham, and the Triangle Region of North Carolina. Their primary mission is to spread the Gospel of Jesus Christ and raise up leaders within their community. Additionally, they demonstrate compassion by ministering to the less fortunate in their city. The church extends its reach beyond its local community, offering financial aid and resources to both domestic and international missions, with the goal of furthering the ministry and spreading the Gospel.
Who is the CEO of Catch The Fire Ministries Inc?
Duncan Smith is the President of Catch The Fire Ministries Inc.
What is the revenue of Catch The Fire Ministries Inc?
Catch The Fire Ministries Inc's revenue in 2022 was $1,815,186.
Who are the executives of Catch The Fire Ministries Inc and what are their salaries?
The average compensation at Catch The Fire Ministries Inc during 2022 was $29,321. There are 30 employees and 150 volunteers at Catch The Fire Ministries Inc.
Here are 8 key members and their salaries:
- Compensation: $23,811
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $27,507
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Catch The Fire Ministries Inc?
Catch The Fire Ministries Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Catch The Fire Ministries Inc
Catch The Fire Ministries Inc is a non-denominational church with a mission to make a significant impact on the city of Raleigh, Durham, and the Triangle region of North Carolina. Their primary objective is to spread the Gospel of Jesus Christ, raising up leaders and providing aid to the less fortunate within their community. This nonprofit church is dedicated to furthering its ministry and spreading the word of God both domestically and internationally when necessary. They offer their support and resources to various missions to help in this endeavor.
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Impact
July, 2024
Catch The Fire Ministries Inc has made a significant impact in the city of Raleigh, Durham, and the Triangle region of North Carolina by spreading the gospel of Jesus Christ. They are dedicated to raising up leaders within the community and ministering to the poor, providing support and hope to those in need. Additionally, the church's contributions to missions, both foreign and domestic, further their ministry and help in spreading the message of Christ around the world. Overall, Catch The Fire Ministries Inc plays a vital role in bringing spiritual guidance and support to the local community while also reaching out globally to make a difference.
This information is meant to be a general summary of Catch The Fire Ministries 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.
- Investment Income: $46
- Gross Receipts: $1,825,948
Assets and Liabilities:
- Total Assets: $4,140,240
- Total Liabilities: $1,360,400
- Net Assets: $2,779,840
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Organization Details
Founding Year
2002
Phone
(919) 848-3063Principal Officer
Duncan Smith
Main Address
2304 PAGE ROAD, DURHAM, NC, 27703
NTEE Category
Code: X20 - Religion related
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