Overview
What is The Great Commission Inc?
The Great Commission Inc is a nonprofit organization that relies on undesignated donations and property sales to fund its operations. In 2022, a significant portion of these funds were channeled towards missionary efforts, amounting to $408,813. The organization is committed to ensuring that 100% of designated gifts are directly transferred to individual ministries to maximize their impact. The board of directors closely monitors the allocation of funds, with a majority being dedicated to missionary works.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80%, Three-Star out of Four Star rating.
The Great Commission Inc has earned a solid Three-Star rating from Charity Navigator, reflecting an overall score that emphasizes its strong accountability and financial practices. The charity's operations are governed by an entirely independent board, showcasing commitment to transparency and ethical oversight. Notable strengths include a high program expense ratio of 97.73%, indicating that a significant majority of its funds are directed toward its mission-related activities.
The organization demonstrates robust financial health, with a liabilities to assets ratio of just 0.21%, suggesting a strong ability to manage its debts. Furthermore, it adheres to best practices by having a documented conflict of interest policy and consistently recording board meeting minutes. These factors contribute positively to its accountability score, which is vital for maintaining donor trust.
However, the rating is based solely on accountability and finance, meaning that other aspects of performance, such as program effectiveness or community impact, are not reflected in this score. Prospective donors may want to consider additional information about the charity's programs and outcomes to gain a more comprehensive understanding of its overall effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is The Great Commission Inc legitimate?
The Great Commission Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Great Commission 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: $12,000
For more financial information, click here
What is the mission statement of The Great Commission Inc?
The Great Commission Inc's mission involves raising funds through various means and investing them in specialized ministries. A significant portion of these funds is allocated towards missionary efforts, amounting to $408,813 in 2022. The organization follows a policy of directly channeling 100% of designated gifts to individual ministries, aiming to maximize their impact. The board of directors at The Great Commission Inc ensures that their financial contributions primarily support missionary initiatives.
Who is the CEO of The Great Commission Inc?
Warren Pedan is the Treasurer of The Great Commission Inc.
What is the revenue of The Great Commission Inc?
The Great Commission Inc's revenue in 2022 was $137,549.
Who are the executives of The Great Commission Inc and what are their salaries?
The average compensation at The Great Commission Inc during 2022 was $12,000. There is 1 employee at The Great Commission Inc.
Here are 4 key members and their salaries:
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- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for The Great Commission Inc?
The Great Commission Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Great Commission Inc
The Great Commission Inc is dedicated to raising funds and investing them in various special ministries. A significant portion of these funds, including proceeds from undesigned gifts and property sales, are allocated towards missionary efforts. The organization's board of directors ensures that a substantial amount is directed towards these initiatives, amounting to $408,813 in 2022. Additionally, The Great Commission Inc follows a policy of channeling 100% of designated gifts directly to the respective individual ministries, aiming to maximize their impact. This approach allows the organization to contribute effectively to various missionary efforts.
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Impact
October, 2024
The Great Commission Inc has made a substantial impact through its focused investments in missionary efforts, allocating a total of $408,813 in 2022 alone. By raising funds through undesignated gifts and property sales, the organization ensures that a significant portion of these resources supports various special ministries dedicated to spreading religious teachings and providing community support.
One of the organization's key policies is to direct 100% of designated gifts straight to individual ministries, maximizing the impact of contributions and ensuring that each ministry receives the resources needed to thrive. This approach not only enhances the effectiveness of their philanthropic efforts but also fosters a strong sense of accountability and purpose.
Based in Greenville, South Carolina, The Great Commission Inc has created a ripple effect within the community and beyond, empowering diverse ministries to reach individuals and communities with essential services and spiritual guidance. Their commitment to missionary work reflects an ongoing endeavor to make a meaningful difference in the lives of those they serve.
This information is meant to be a general summary of The Great Commission 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 2022.
- Investment Income: -$229,137
- Gross Receipts: $470,606
Assets and Liabilities:
- Total Assets: $313,275
- Total Liabilities: $682
- Net Assets: $312,593
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Organization Details
Founding Year
1987
Principal Officer
Warren Pedan
Main Address
700 N Parker Road, Greenville, SC, 29609
NTEE Category
Code: X20 - Religion related
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