Overview
What is Prophecy Watchers Inc?
Prophecy Watchers Inc, based in Oklahoma City, Oklahoma, is a nonprofit organization dedicated to sharing the message of biblical prophecy through various perspectives and opinions from diverse authors and sources. Their primary mission is threefold: to evangelize individuals outside Christian belief, educate Christians about their faith's tenets, and exalt the gospel of grace. They achieve this by disseminating DVDs, CDs, and publications that provide a comprehensive understanding of biblical prophecy, offering hope and comfort. The organization employs a team of 20 individuals, devoted to spreading this message.
Official website here: www.prophecywatchers.com/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 67% - Two-Star out of Four Star rating
Prophecy Watchers Inc has received a two-star rating from Charity Navigator, indicating a moderate level of accountability and finance management. The organization's score reflects several weaknesses, particularly in governance areas such as board independence and the absence of key policies, including conflict of interest and whistleblower protections. This suggests potential concerns regarding oversight and transparency.
Despite its governance limitations, Prophecy Watchers demonstrates strengths in financial management with a program expense ratio of 100%, indicating all expenses are directed towards its mission-related activities. Additionally, the organization maintains a low liabilities to assets ratio, showcasing a solid financial position. However, the fundraising efficiency ratio is noted as $0.00, which raises questions about its fundraising effectiveness.
Overall, while Prophecy Watchers Inc excels in directing funds to its programs, significant governance and financial management issues remain. Prospective donors may want to consider these factors when evaluating their support for the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Prophecy Watchers Inc legitimate?
Prophecy Watchers Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Prophecy Watchers 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $634,635
For more financial information, click here
Official website here: www.prophecywatchers.com/
What is the mission statement of Prophecy Watchers Inc?
Prophecy Watchers Inc's mission is centered around evangelizing individuals outside of Christian belief, educating Christians in the core principles of their faith, exalting the gospel of grace, and clearly expounding biblical prophecy. To achieve this, the organization undertakes several activities. They actively evangelize non-believers, providing them with the message of faith. They also educate Christians, helping them deepen their understanding of their faith's tenets. Furthermore, they emphasize the grace of the gospel, bringing hope and comfort to believers. Lastly, they meticulously explain biblical prophecies, ensuring clarity and accuracy.
Official website here: www.prophecywatchers.com/
Who is the CEO of Prophecy Watchers Inc?
Gary G Stearman is the President of Prophecy Watchers Inc.
Official website here: www.prophecywatchers.com/
What is the revenue of Prophecy Watchers Inc?
Prophecy Watchers Inc's revenue in 2022 was $3,974,702.
Official website here: www.prophecywatchers.com/
Who are the executives of Prophecy Watchers Inc and what are their salaries?
The average compensation at Prophecy Watchers Inc during 2022 was $31,732. There are 20 employees at Prophecy Watchers Inc.
Here are 7 key members and their salaries:
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Official website here: www.prophecywatchers.com/
Where can I find the form 990 for Prophecy Watchers Inc?
Prophecy Watchers Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.prophecywatchers.com/
Learn more at the official website: www.prophecywatchers.com/
Mission Statement of Prophecy Watchers Inc
Prophecy Watchers Inc is an organization dedicated to several key objectives. Primarily, it aims to reach out to individuals outside the Christian faith, sharing the core beliefs of Christianity. Beyond evangelization, Prophecy Watchers Inc also serves to educate Christians in the fundamental teachings of their faith, fostering a deeper understanding and commitment to their beliefs.
Another significant part of Prophecy Watchers Inc's mission is to exalt the Gospel of Grace. This aspect focuses on bringing hope and comfort to those within the Christian community, reminding them of the grace offered by their faith. Additionally, Prophecy Watchers Inc takes on the responsibility of interpreting Bible prophecy accurately and clearly. This responsibility involves providing a comprehensive and understandable explanation of prophecies, helping Christians navigate their faith with a solid understanding of these historical and spiritual texts.
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Impact
July, 2024
Prophecy Watchers Inc impacts individuals and communities by evangelizing those outside Christian belief, educating Christians in the tenets of the faith, exalting the gospel of grace, and expounding on Bible prophecy. Through the distribution of DVDs, CDs, and other publications, they enhance the message of biblical prophecy by providing multiple viewpoints and opinions from various authors and sources. Their mission to evangelize, educate, exalt, and expound brings hope, comfort, and clarity to those seeking spiritual guidance and understanding.
This information is meant to be a general summary of Prophecy Watchers 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: $682
- Program Service Revenue: $1,872,985
- Gross Receipts: $3,975,224
Assets and Liabilities:
- Total Assets: $2,583,847
- Total Liabilities: $411,310
- Net Assets: $2,172,537
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SALES OF BOOKS/DVDS/MEDIA
Revenue
$1,675,234
MAGAZINE
Revenue
$134,189
CONFERENCES
Revenue
$63,562
Organization Details
Founding Year
2014
Phone
(405) 608-2268Principal Officer
Gary G Stearman
Main Address
PO BOX 20530, OKLAHOMA CITY, OK, 731560530
Website
www.prophecywatchers.com/NTEE Category
Code: X83 - Religion related
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