Overview
What is Kerygma Ventures?
Kerygma Ventures is a nonprofit organization situated in Colleyville, Texas. They are committed to spreading the Gospel of Jesus Christ by educating and empowering individuals through seminars, retreats, conferences, and special events. Their primary focus is on helping people integrate the life-transforming teachings of God's word into their daily lives. In 2021, they organized over seven events, including their flagship programs, attracting over 400 participants. Their mission is carried out by a team of six dedicated individuals.
Official website here: www.kerygmaventures.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Star rating.
Kerygma Ventures has received a solid Three-Star rating from Charity Navigator, reflecting its high standards in accountability and finance, with a total score of 81%. The organization’s financial practices have been assessed positively, particularly in areas such as having an independent board and a low liability-to-assets ratio, demonstrating prudent financial management.
Key strengths of Kerygma Ventures include an independent board composed of 80% members, which enhances its governance and oversight capabilities. The organization has established policies for conflict of interest, whistleblowing, and document retention, contributing positively to its operational transparency. Additionally, the program expense ratio stands at an impressive 84.27%, indicating that a significant portion of its funds is directed towards its programs rather than administrative costs.
While Kerygma Ventures appears to excel in many areas, the rating is based solely on financial accountability, which may limit insights into its programmatic impact and effectiveness. However, the organization’s adherence to best practices in governance and finance suggests a commitment to responsible stewardship of its resources.
This AI summary has been generated from information found on Charity Navigator.
Is Kerygma Ventures legitimate?
Kerygma Ventures is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kerygma Ventures 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: $245,190
Professional Fundraising Fees: $0
Other Salaries and Wages: $230,389
For more financial information, click here
Official website here: www.kerygmaventures.com
What is the mission statement of Kerygma Ventures?
Kerygma Ventures is dedicated to spreading the Gospel of Jesus Christ. Their mission is to assist individuals in incorporating the life-changing teachings of God's word into their daily lives. They achieve this goal through various educational activities, including seminars, retreats, conferences, and special events. In 2021, the organization hosted over seven events, attracting over 400 attendees, including their flagship programs. These events aim to instruct and inspire participants in the life-transforming truths of God's word.
Official website here: www.kerygmaventures.com
Who is the CEO of Kerygma Ventures?
J Dudley Hall is the Presdir of Kerygma Ventures.
Official website here: www.kerygmaventures.com
What is the revenue of Kerygma Ventures?
Kerygma Ventures's revenue in 2022 was $1,224,294.
Official website here: www.kerygmaventures.com
Who are the executives of Kerygma Ventures and what are their salaries?
The average compensation at Kerygma Ventures during 2022 was $79,263. There are 6 employees at Kerygma Ventures.
Here are 5 key members and their salaries:
- Compensation: $181,580
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.kerygmaventures.com
Where can I find the form 990 for Kerygma Ventures?
Kerygma Ventures's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.kerygmaventures.com
Learn more at the official website: www.kerygmaventures.com
Mission Statement of Kerygma Ventures
Kerygma Ventures, a nonprofit organization, is committed to spreading the Gospel of Jesus Christ. They achieve this mission by assisting individuals in integrating the life-transforming principles of God's word into their daily lives. To accomplish this, Kerygma Ventures conducts various educational programs such as seminars, retreats, conferences, and special events. In 2021, they hosted over seven events, including their flagship programs, attracting over 400 attendees. The organization's diverse offerings aim to teach and train people in applying the powerful teachings of God's word to their personal lives, thereby fostering personal growth and spiritual transformation.
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Impact
July, 2024
Kerygma Ventures has a profound impact on individuals seeking to implement the life-transforming truths of God's word into their daily lives. Through seminars, retreats, conferences, and special events, Kerygma Ventures reaches over 400 people annually, providing them with the tools and teachings to deepen their faith and connection to the Gospel of Jesus Christ. By hosting a variety of programs such as retreats for leadership, marriage, and personal growth, Kerygma Ventures creates a transformative environment where individuals can grow spiritually and develop a deeper understanding of their faith. Their impact extends beyond just events, as they actively work to spread the Gospel message and empower individuals to live out their beliefs in practical ways. The organization's commitment to helping people integrate the teachings of God into their daily lives makes a lasting impact on the lives of those they reach.
This information is meant to be a general summary of Kerygma Ventures. 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 2022.
- Investment Income: -$5,261
- Program Service Revenue: $89,270
- Gross Receipts: $1,227,044
Assets and Liabilities:
- Total Assets: $3,841,094
- Total Liabilities: $39,454
- Net Assets: $3,801,640
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Program Registration
Revenue
$87,020
Honorarium
Revenue
$2,250
Organization Details
Founding Year
1975
Principal Officer
J Dudley Hall
Main Address
PO Box 2022, Colleyville, TX, 76034
Website
www.kerygmaventures.comNTEE Category
Code: X20 - Religion related
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