Overview
What is Student Work Development Foundation Inc?
The Student Work Development Foundation Inc, located in Norman, Oklahoma, is a nonprofit organization with a focus on supporting other 501(c)(3) entities within the United States. These organizations primarily cater to college and university students, as well as international students, with the aim of helping them share and deepen their faith in Jesus Christ through evangelism and discipleship. The foundation's mission is to provide training and assistance to individuals and groups in these areas to enhance the effectiveness of their discipleship ministries. With a team of six dedicated employees, SWDF plays a significant role in the spiritual growth and development of college students across various organizations.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars, Needs Improvement (67%)
The Student Work Development Foundation Inc has received a "Needs Improvement" rating from Charity Navigator, indicating significant areas for enhancement in its accountability and financial practices. While the organization boasts a strong board composition with 100% independent members, it faces considerable challenges in transparency, as evidenced by the lack of financial statements and missing essential policies such as conflict of interest and whistleblower protections.
Despite these shortcomings, the organization demonstrates a commendable program expense ratio of 80.42%, suggesting that a substantial portion of its funding is directed towards its programs and services. Additionally, their liabilities to assets ratio stands at a favorable 0.00%, reflecting a solid financial foundation in terms of debt management. However, the missing information and policies highlight a need for improvement in organizational transparency and governance.
Overall, while the Student Work Development Foundation Inc shows promise in its programmatic focus, the lack of essential financial documentation and governance policies raises concerns that could affect donor confidence. Addressing these issues could significantly enhance the organization's standing and effectiveness in serving its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Student Work Development Foundation Inc legitimate?
Student Work Development Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Student Work Development Foundation 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: $148,440
Professional Fundraising Fees: $0
Other Salaries and Wages: $99,110
For more financial information, click here
What is the mission statement of Student Work Development Foundation Inc?
The Student Work Development Foundation Inc. is dedicated to aiding individuals and groups in enhancing their discipleship, education, evangelism, and missions efforts. Its primary objective is to strengthen discipleship ministries by providing necessary training and support. The organization focuses on assisting Section 501(c)(3) organizations within the U.S., including Baptist Collegiate Ministries, various colleges and universities, Christian Challenge, Campus Ventures, The Navigators, and churches that work with college students and international students. The goal is to empower these individuals to effectively share the Gospel of Jesus Christ and disciple others in the Word of God.
Who is the CEO of Student Work Development Foundation Inc?
Max Barnett is the Treasurer of Student Work Development Foundation Inc.
What is the revenue of Student Work Development Foundation Inc?
Student Work Development Foundation Inc's revenue in 2022 was $1,260,150.
Who are the executives of Student Work Development Foundation Inc and what are their salaries?
The average compensation at Student Work Development Foundation Inc during 2022 was $41,258. There are 6 employees at Student Work Development Foundation Inc.
Here are 8 key members and their salaries:
- Compensation: $85,240
- Related: $0
- Other: $0
- Compensation: $43,000
- Related: $0
- Other: $0
- Compensation: $41,797
- Related: $0
- Other: $0
- Compensation: $20,200
- Related: $0
- Other: $0
- Compensation: $2,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Student Work Development Foundation Inc?
Student Work Development Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Student Work Development Foundation Inc
The Student Work Development Foundation, Inc. (SWDF) is dedicated to aiding in the training and support of individuals and groups, focusing on discipleship, education, evangelism, and missions. The primary objective of SWDF is to enhance the effectiveness of discipleship ministries by providing assistance to various organizations, including Baptist Collegiate Ministries, various colleges and universities, The Christian Challenge, The Campus Ventures, The Navigators, and churches that cater to college students and international students. These organizations strive to help young men and women spread the Gospel of Jesus Christ and guide them in understanding and living by God's Word. In essence, SWDF's mission is to empower these organizations to foster more impactful discipleship and evangelism initiatives.
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Impact
July, 2024
Student Work Development Foundation Inc's impact is significant in providing training and support for individuals and groups in discipleship, education, evangelism, and missions. By assisting organizations like Baptist Collegiate Ministries, The Christian Challenge, The Navigators, and others, SWDF plays a crucial role in reaching out to college students and international students to evangelize and disciple them in the Gospel of Jesus Christ. This work helps in creating more effective discipleship ministries and spreading the Word of God among young men and women. Their mission to empower individuals and groups in various aspects of faith-based education and outreach is commendable and has a positive influence on the community they serve.
This information is meant to be a general summary of Student Work Development Foundation 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: $585,674
- Program Service Revenue: $69,272
- Gross Receipts: $1,270,541
Assets and Liabilities:
- Total Assets: $8,050,187
- Total Liabilities: $0
- Net Assets: $8,050,187
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Sullivant Retreat Center
Revenue
$69,272
Organization Details
Founding Year
1975
Phone
(405) 329-2990Principal Officer
Max Barnett
Main Address
PO Box 2100, Norman, OK, 73070
NTEE Category
Code: B80 - Education
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