Overview
What is Central Missionary Clearinghouse Inc?
Central Missionary Clearinghouse Inc is a nonprofit organization committed to spreading the teachings of Christianity globally. Through their missionary work, they establish churches and schools, serve as a hub for translating, printing, and distributing Bibles and Christian literature. Their ultimate goal is to promote and uphold the Christian faith and its principles around the world.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 50% (One-Star out of Four Stars)
Central Missionary Clearinghouse Inc has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial management. The organization has a relatively strong program expense ratio of 98.67%, which suggests that most of its resources are allocated directly towards its mission. However, the overall financial health is poor, with a liabilities to assets ratio of 85.92%, raising alarms about its sustainability.
The organization has some strengths in governance, such as having a majority of independent board members, which is an indicator of good oversight. Despite this, it falls short in several critical areas, including the absence of essential policies like a conflict of interest policy and a whistleblower policy. Financial statements have not undergone a review or compilation, which limits transparency and could impact donor trust.
Lastly, the fundraising efficiency ratio is notably low at $0.00, suggesting that the organization may struggle to effectively generate funds. The presence of issues such as missing website information on tax forms further detracts from its credibility and accountability. Overall, while Central Missionary Clearinghouse Inc shows commitment to its mission, substantial improvements in financial practices and governance are necessary for better ratings and support from the community.
This AI summary has been generated from information found on Charity Navigator.
Is Central Missionary Clearinghouse Inc legitimate?
Central Missionary Clearinghouse Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Central Missionary Clearinghouse 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: $174,800
Professional Fundraising Fees: $0
Other Salaries and Wages: $214,870
For more financial information, click here
What is the mission statement of Central Missionary Clearinghouse Inc?
Central Missionary Clearinghouse Inc is dedicated to spreading the teachings of Christianity. Through various missionary and evangelistic efforts, they work towards the establishment of churches and schools. Additionally, they focus on translating, printing, and distributing Bibles and Christian literature to share the principles of Christianity with people around the world. Their ultimate goal is to promote and spread the message of Christianity.
Who is the CEO of Central Missionary Clearinghouse Inc?
Larry H Maddox is the President of Central Missionary Clearinghouse Inc.
What is the revenue of Central Missionary Clearinghouse Inc?
Central Missionary Clearinghouse Inc's revenue in 2023 was $45,431,669.
Who are the executives of Central Missionary Clearinghouse Inc and what are their salaries?
The average compensation at Central Missionary Clearinghouse Inc during 2023 was $64,945. There are 6 employees at Central Missionary Clearinghouse Inc.
Here are 6 key members and their salaries:
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- Other: $0
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- Other: $0
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Where can I find the form 990 for Central Missionary Clearinghouse Inc?
Central Missionary Clearinghouse Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Central Missionary Clearinghouse Inc
Central Missionary Clearinghouse Inc, a dedicated organization, works tirelessly to propagate the teachings of Christianity and its underlying principles. By engaging in evangelistic and missionary initiatives, this charitable entity strives to establish churches and schools as part of its mission. In addition, it focuses on the translation, printing, and distribution of Bibles and Christian literature to further the reach of this faith. Through these efforts, Central Missionary Clearinghouse Inc aims to spread the message of Christianity and inspire spiritual growth in individuals around the world.
Central Missionary Clearinghouse Inc's commitment to evangelism is reflected in its various projects. By establishing churches and schools, it creates communities where individuals can learn about and practice the tenets of Christianity. Moreover, the translation, printing, and distribution of Bibles and Christian literature play a vital role in sharing the teachings of this faith with those who may not have access to them otherwise. Central Missionary Clearinghouse Inc is a beacon of hope for those seeking to deepen their understanding of Christianity and its principles.
Central Missionary Clearinghouse Inc's mission extends beyond just spreading the word; it also focuses on the practical application of these teachings. By providing educational opportunities, it empowers individuals to make a positive impact on their communities and contribute to the betterment of society as a whole. Through the establishment of schools, Central Missionary Clearinghouse Inc offers a chance at a brighter future for countless young people, enabling them to learn and grow in a nurturing environment. With its unwavering dedication to its cause, Central Missionary Clearinghouse Inc continues to inspire and uplift individuals around the world, fostering a deeper connection to their faith and community.
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Impact
October, 2024
Central Missionary Clearinghouse Inc actively promotes Christianity and its principles on a global scale. It engages in evangelistic and missionary endeavors aimed at establishing churches and schools, thereby fostering communities rooted in Christian values. The organization is dedicated to translating, printing, and distributing Bibles and Christian literature, making religious texts and teachings accessible to diverse populations. Based in Houston, Texas, Central Missionary Clearinghouse Inc plays a vital role in spreading the Christian faith, supporting educational initiatives, and enhancing spiritual growth through its various outreach programs.
This information is meant to be a general summary of Central Missionary Clearinghouse 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.
- Investment Income: $119,856
- Program Service Revenue: $657,103
- Gross Receipts: $45,431,669
Assets and Liabilities:
- Total Assets: $7,560,708
- Total Liabilities: $6,496,794
- Net Assets: $1,063,914
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Fee Income
Revenue
$618,270
Direct Support CMC
Revenue
$2,095
Building Fund
Revenue
$36,738
Organization Details
Founding Year
1974
Principal Officer
Larry H Maddox
Main Address
PO Box 219228, Houston, TX, 772189228
NTEE Category
Code: X20 - Religion related
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