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Ceams Inc

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

EIN: 473886762 ✦ Dallas, TX ✦ Designated as a 501(c)(3)

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Overview

What is Ceams Inc?

Ceams Inc is a nonprofit organization based in Dallas, Texas, specifically at 6440 N Central Expressway 610. Their primary focus is on providing financial aid for missionaries and various religious organizations. More specifically, they contribute to the payment of tuition costs and related rental expenses for universities. While the information provided does not detail any global reach or additional programs, it's clear that Ceams Inc plays a significant role in supporting religious organizations and furthering education within their community.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 2 Stars (Needs Improvement)

Ceams Inc has received a Two-Star out of Four Star rating from Charity Navigator, indicating that while there are strengths in its accountability and financial practices, significant improvements are needed in transparency and governance. The organization achieved a score of 70% primarily from its Accountability & Finance metrics, with particularly high marks for its independent board structure and lack of material asset diversion.

Despite these positive aspects, Ceams Inc has notable deficiencies in areas critical for accountability. The organization lacks essential policies such as a conflict of interest policy, a whistleblower policy, and proper documentation of board meeting minutes. Additionally, the absence of its website listed on the tax form and failure to post its tax documents on its website contribute to a lower overall score.

Overall, while Ceams Inc demonstrates strong program expense management with a program expense ratio of 97.09%, its commitment to transparency and governance practices requires significant enhancement to meet best practice standards in nonprofit management.


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

Is Ceams Inc legitimate?

Ceams Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ceams 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: $0

For more financial information, click here

What is the mission statement of Ceams Inc?

Ceams Inc, as an organization, is committed to providing financial assistance for missionaries and various religious entities. This mission is carried out by making payments towards tuition costs and related rental expenses at universities. Essentially, their goal is to offer financial support to individuals and organizations dedicated to religious work, helping them further their missions and contribute to their communities.

Who is the CEO of Ceams Inc?

Douglas W Brady is the Director of Ceams Inc.

What is the revenue of Ceams Inc?

Ceams Inc's revenue in 2022 was $45,720.

Who are the executives of Ceams Inc and what are their salaries?

There 3 volunteers at Ceams Inc.


Here are 3 key members and their salaries:


Douglas W Brady (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Brady (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Betty Bracken (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Ceams Inc?

Ceams Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Ceams Inc

Ceams Inc, a nonprofit organization, is dedicated to providing financial support for missionaries and various religious organizations. In essence, Ceams Inc serves as a financial backbone, contributing to the educational expenses and related rental costs for these individuals and organizations. By doing so, Ceams Inc plays a vital role in enabling these missionaries and religious groups to carry out their religious duties and humanitarian endeavors effectively.

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Impact




August, 2024

Ceams Inc has a significant impact by providing financial support for missionaries and religious organizations. They fulfill this mission by making payments for tuition costs and related rentals to universities. This enables missionaries to pursue education and training necessary for their important work. Headquartered in Dallas, Texas, Ceams Inc plays a crucial role in supporting religious initiatives and aiding individuals in their endeavors to spread their faith.




This information is meant to be a general summary of Ceams 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.

Revenue
$45,720 (2022)
Expenses
$54,735 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $41,325
  • Gross Receipts: $45,720

Assets and Liabilities:

  • Total Assets: $1,014,737
  • Total Liabilities: $0
  • Net Assets: $1,014,737

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Organization Details

Founding Year

2015

Principal Officer

Douglas W Brady

Main Address

6440 N CENTRAL EXPRESSWAY 610, DALLAS, TX, 75206

NTEE Category

Code: X20 - Religion related

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