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Christ Palace International Ministries

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

EIN: 475245215 ✦ Katy, TX ✦ Designated as a 501(c)(3)

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Overview

What is Christ Palace International Ministries?

Christ Palace International Ministries is a religious organization situated in Katy, Texas. Serving as a church, its primary function is to offer spiritual sustenance to its community members. The ministry expands its reach beyond typical religious activities, providing resources and services for ethnic and immigrant groups as well. This inclusive approach allows the church to cater to a diverse congregation, fostering a sense of unity and belonging among its members.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 50%, One-Star out of Four Star rating.

Christ Palace International Ministries has received a low score of 50%, indicating significant concerns regarding its accountability and financial practices. The organization lacks independent board members, which raises questions about governance and oversight. Additionally, it has not provided financial statements or established essential policies such as conflict of interest, whistleblower, and document retention, all of which are critical for transparency.

Despite these shortcomings, the organization has shown a strong commitment to program expenses, achieving a 100% program expense ratio. This suggests that all of its reported expenditures are directed towards its programs rather than administrative costs. However, the absence of a website listed on its tax form and missing documentation further complicates the evaluation of its financial health and operations.

Overall, while Christ Palace International Ministries demonstrates a focus on programmatic spending, the lack of essential accountability measures and transparency is a significant limitation that potential donors and supporters should consider.


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

Is Christ Palace International Ministries legitimate?

Christ Palace International Ministries is a legitimate nonprofit organization registered as a 501(c)(3) entity. Christ Palace International Ministries 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: $60,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Christ Palace International Ministries?

Christ Palace International Ministries, as a church, is dedicated to offering spiritual nourishment to its congregation. This is accomplished through various programs, notably those catering to ethnic and immigrant communities, providing essential services for these groups.

Who is the CEO of Christ Palace International Ministries?

Mark Amoateng is the President of Christ Palace International Ministries.

What is the revenue of Christ Palace International Ministries?

Christ Palace International Ministries's revenue in 2023 was $1,284,787.

Who are the executives of Christ Palace International Ministries and what are their salaries?

The average compensation at Christ Palace International Ministries during 2023 was $60,000. There is 1 employee and 23 volunteers at Christ Palace International Ministries.


There is 1 key member and their salary:


Mark Amoateng (President)
  • Compensation: $60,000
  • Related: $0
  • Other: $0
Where can I find the form 990 for Christ Palace International Ministries?

Christ Palace International Ministries's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Christ Palace International Ministries

Christ Palace International Ministries, a church-based organization, is dedicated to providing spiritual nourishment to its congregants. Beyond this, the ministry offers programs specifically tailored to ethnic and immigrant communities, extending its services to these groups. The church's mission is to create an inclusive environment where individuals from diverse backgrounds can find solace and spiritual growth.

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Impact




July, 2024

Christ Palace International Ministries has had a significant impact on the community of Katy, TX by providing spiritual nourishment to its congregants. The church offers programs that cater to a diverse range of individuals, including ethnic and immigrant communities. Through its services, Christ Palace International Ministries has been able to reach out and support those in need, demonstrating a commitment to serving the community and promoting spiritual well-being.




This information is meant to be a general summary of Christ Palace International Ministries. 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
$1,284,787 (2023)
Expenses
$420,877 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Gross Receipts: $1,284,787

Assets and Liabilities:

  • Total Assets: $1,410,030
  • Total Liabilities: $82,935
  • Net Assets: $1,327,095

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Organization Details

Founding Year

2016

Principal Officer

Mark Amoateng

Main Address

20343 Oasis Bend Dr, Katy, TX, 77493

NTEE Category

Code: P84 - Human services

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