Overview
What is Bold Venture Ministries Inc?
Bold Venture Ministries Inc, based in LaGrange, Georgia, is a Christian missionary organization dedicated to addressing gender-based violence against women and girls in various nations. The organization's compassionate arm, known as The Mordecai Project, establishes and supports shelters and sponsorship programs to aid these vulnerable individuals. Beyond this, Bold Venture Ministries Inc also focuses on training Christian leaders and advancing Christian missionary work worldwide, addressing challenges faced by women and Christian leaders in these nations.
Official website here: www.themordecaiproject.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 68%, Two-Star out of Four Star rating. This score reflects a strong emphasis on accountability and finance, with the organization receiving full marks in several key areas, including having a majority of independent board members and no material diversion of assets.
While Bold Venture Ministries shows strengths in governance, such as an independent board and a favorable liabilities to assets ratio, it has significant gaps in policy documentation. Notably, the charity lacks a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, which are critical for ensuring transparency and accountability.
The program expense ratio stands at 63.21%, indicating that a majority of its expenditures go towards its programs, which is a positive sign. However, the absence of essential policies could pose risks to its operational integrity. Overall, while the organization demonstrates some solid financial practices, improvements in governance policies are needed to enhance its overall effectiveness and trustworthiness.
This AI summary has been generated from information found on Charity Navigator.
Is Bold Venture Ministries Inc legitimate?
Bold Venture Ministries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bold Venture 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.themordecaiproject.org
What is the mission statement of Bold Venture Ministries Inc?
Bold Venture Ministries Inc is a Christian missionary organization with a focus on three main areas. Firstly, it trains Christian leaders to carry out their roles effectively. Secondly, it promotes Christian missionary work globally in various nations. Lastly, the organization addresses the issue of gender-based violence, particularly in nations where women and girls face oppression, abuse, exploitation, or neglect. Through its compassionate arm known as The Mordecai Project, Bold Venture Ministries provides support to women and girls in several countries by establishing shelters and implementing sponsorship programs.
Official website here: www.themordecaiproject.org
Who is the CEO of Bold Venture Ministries Inc?
Lee Grady is the President of Bold Venture Ministries Inc.
Official website here: www.themordecaiproject.org
What is the revenue of Bold Venture Ministries Inc?
Bold Venture Ministries Inc's revenue in 2023 was $499,027.
Official website here: www.themordecaiproject.org
Who are the executives of Bold Venture Ministries Inc and what are their salaries?
Here are 9 key members and their salaries:
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Official website here: www.themordecaiproject.org
Where can I find the form 990 for Bold Venture Ministries Inc?
Bold Venture Ministries Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.themordecaiproject.org
Learn more at the official website: www.themordecaiproject.org
Mission Statement of Bold Venture Ministries Inc
Bold Venture Ministries Inc, a Christian missionary organization, is dedicated to several key initiatives. Primarily, the organization focuses on training Christian leaders and advancing Christian missionary work in various nations worldwide. Beyond this, Bold Venture Ministries Inc also confronts a pressing issue: gender-based violence. In nations where women and girls are oppressed, abused, exploited, or neglected, this organization takes a stand.
Bold Venture Ministries Inc's mission is multifaceted and compassionate. As a Christian missionary organization, it plays a crucial role in equipping and empowering Christian leaders. However, its commitment does not stop there. Recognizing the prevalence of gender-based violence, Bold Venture Ministries Inc takes an active role in addressing this issue in several nations. Their efforts include establishing and supporting shelters for women and girls who have been affected by such violence.
The compassionate arm of Bold Venture Ministries Inc is known as The Mordecai Project. Through this project, they provide help to women and girls in various nations, working towards their safety and well-being. Their initiatives not only include the establishment of shelters but also sponsorship programs, offering vital support to those in need.
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Impact
July, 2024
Bold Venture Ministries Inc's impact is significant in its focus on training Christian leaders, advancing missionary work globally, and addressing the issue of gender-based violence in various nations. Through its Mordecai Project, the organization plays a critical role in helping women and girls in several countries by establishing shelters and sponsorship programs. This holistic approach not only provides immediate support but also works towards empowering and uplifting those who are oppressed, abused, exploited, or neglected. The organization's dedication to making a difference in the lives of vulnerable individuals demonstrates a commitment to both faith-based values and social responsibility.
This information is meant to be a general summary of Bold Venture 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: $219,413
- Gross Receipts: $499,027
Assets and Liabilities:
- Total Assets: $337,760
- Total Liabilities: $0
- Net Assets: $337,760
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MORDECAI PROJECT
Revenue
$176,304
BOLD VENTURE CONFERENCES
Revenue
$43,109
Organization Details
Founding Year
2015
Phone
(407) 929-4371Principal Officer
Lee Grady
Main Address
P O BOX 2781, LAGRANGE, GA, 30241
Website
www.themordecaiproject.orgNTEE Category
Code: X99 - Religion related
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