Overview
What is 21st Century Ministries Inc?
21st Century Ministries Inc, doing business as Inspiration Academy, is a nonprofit organization situated in Bradenton, Florida. With a strong commitment to nurturing and inspiring students, it employs a mentorship model to foster an integrated life of faith. The academy, which has 59 employees, has seen a growth in enrollment over the past two years, aiming to serve more families within the community. Additionally, the school has expanded its sports offerings, giving students the opportunity to join various teams and push beyond their limits. Furthermore, Inspiration Academy has broadened its drama offerings, allowing students to participate in two plays and a musical within the past year. The organization's mission is to create a supportive environment filled with family, care, and love, as stated in their attached statement.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 67% (Two-Star out of Four Stars)
21st Century Ministries Inc has received a 67% rating from Charity Navigator, which indicates a moderate level of performance among nonprofits. The score reflects the organization’s strong governance practices, as evidenced by its fully independent board and effective documentation of board meeting minutes. Additionally, it maintains a low liabilities to assets ratio, which suggests sound financial health.
The organization demonstrates a commendable commitment to its mission, as evidenced by an impressive program expense ratio of 96.08%. This indicates that a significant majority of its expenses are directed toward its programs rather than administrative costs. The lack of any material diversion of assets further reinforces its operational integrity.
However, the overall rating remains at the Two-Star level, suggesting there may be areas for improvement in accountability and financial practices. Stakeholders might benefit from more transparency or further engagement with the community to enhance the organization's overall effectiveness and reputation.
This AI summary has been generated from information found on Charity Navigator.
Is 21st Century Ministries Inc legitimate?
21st Century Ministries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. 21st Century 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: $73,571
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,134,634
For more financial information, click here
What is the mission statement of 21st Century Ministries Inc?
21st Century Ministries Inc, operating under the name Inspiration Academy, has a mission to foster, nourish, and inspire students by employing a mentorship model. This approach aims to cultivate an integrated life of faith from within, creating an environment that promotes family, care, and love. Through this model, the organization strives to develop students holistically, helping them to grow both personally and spiritually.
Over the past two years, the school has seen an increase in enrollment, aiming to serve more families in the community. Furthermore, Inspiration Academy has expanded its sports offerings, providing students with more opportunities to join teams and push beyond their perceived limits. Additionally, the school has broadened its drama offerings, allowing students to participate in various plays and a musical.
Who is the CEO of 21st Century Ministries Inc?
Eddie Speir is the Director And Chairman of 21st Century Ministries Inc.
What is the revenue of 21st Century Ministries Inc?
21st Century Ministries Inc's revenue in 2023 was $5,059,686.
Who are the executives of 21st Century Ministries Inc and what are their salaries?
The average compensation at 21st Century Ministries Inc during 2023 was $37,427. There are 59 employees and 50 volunteers at 21st Century Ministries Inc.
Here are 5 key members and their salaries:
- Compensation: $75,000
- Related: $0
- Other: $0
- Compensation: $61,153
- 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 21st Century Ministries Inc?
21st Century Ministries Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of 21st Century Ministries Inc
21st Century Ministries Inc, operating under the name Inspiration Academy, is committed to fostering, nourishing, and inspiring students. Their mission is accomplished through a mentorship model, aiming to instill an integrated life of faith from within, in an environment characterized by family, care, and love. The organization strives to achieve this by creating opportunities that challenge and extend students beyond their perceived limitations.
In practice, 21st Century Ministries Inc accomplishes this by nurturing student growth in various ways. For instance, they have expanded their enrollment to serve more families in the community. Additionally, the academy has introduced new sports programs, providing students with the chance to be part of teams and push beyond their self-imposed boundaries. The school has also broadened its drama offering, allowing students to participate in multiple plays and a musical, further enhancing their experiences.
In summary, 21st Century Ministries Inc, through Inspiration Academy, is dedicated to cultivating, nourishing, and inspiring its students, fostering an integrated life of faith. They do this by offering a supportive and loving environment, encouraging growth through mentorship, and providing diverse opportunities in sports and drama, pushing students beyond their perceived limitations.
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Impact
July, 2024
21st Century Ministries Inc, operating as Inspiration Academy, aims to cultivate, nourish, and inspire students by integrating faith into their lives. The organization has shown tangible impact by increasing enrollment, expanding sports programs, and providing opportunities for students to participate in drama productions. By creating a mentorship model and fostering a supportive environment, 21st Century Ministries Inc is shaping the lives of students and serving more families in the community.
This information is meant to be a general summary of 21st Century 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 2023.
- Program Service Revenue: $3,411,325
- Gross Receipts: $5,059,686
Assets and Liabilities:
- Total Assets: $1,932,616
- Total Liabilities: $628,400
- Net Assets: $1,304,216
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SCHOOL TUITION
Revenue
$873,534
BASEBALL ACADEMY
Revenue
$759,829
TENNIS ACADEMY
Revenue
$1,039,524
OTHER SCHOOL FEES AND I
Revenue
$378,863
BOARDING INCOME
Revenue
$359,575
Organization Details
Founding Year
2015
Principal Officer
Eddie Speir
Main Address
7900 40TH AVE W, BRADENTON, FL, 34209
NTEE Category
Code: X21 - Religion related
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