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Presbyterian Outlook Foundation Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 541186581 ✦ Richmond, VA ✦ Designated as a 501(c)(3)

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Overview

What is Presbyterian Outlook Foundation Inc?

Presbyterian Outlook Foundation Inc, based in Richmond, Virginia, is a nonprofit organization with a mission to create and curate reliable resources for the church. They achieve this objective by publishing 18 editions of "The Presbyterian Outlook" annually, offering thought-provoking commentary and valuable information to over 6,000 subscribers. The foundation's publications serve as a platform for committed conversations among disciples of Jesus Christ, contributing to the proclamation of the gospel. With a workforce of six dedicated individuals, Presbyterian Outlook Foundation Inc contributes to the religious and intellectual discourse within the church community.


Official website here: www.pres-outlook.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 84%, Three-Star out of Four Star Rating

The Presbyterian Outlook Foundation Inc has received a score of 84%, which reflects a stable performance in its accountability and financial practices. The organization benefits from a fully independent board, highlighting strong governance with 100% independent members and a significant number of board members in total. It also scores highly in areas such as financial statement review and the management of assets, indicating sound financial health.

However, there are notable limitations in the organization’s policies. The foundation lacks several important governance policies, such as a conflict of interest policy, a whistleblower policy, and document retention and destruction policies, which could affect transparency and accountability. Additionally, the absence of the tax form on the nonprofit's website may hinder access to critical financial information for stakeholders.

Overall, while the Presbyterian Outlook Foundation Inc demonstrates solid financial management and governance through its independent board structure and high program expense ratio, addressing the missing policies could enhance its accountability and public trust.


This AI summary has been generated from information found on Charity Navigator.

Is Presbyterian Outlook Foundation Inc legitimate?

Presbyterian Outlook Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Presbyterian Outlook 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $247,980

For more financial information, click here


Official website here: www.pres-outlook.com

What is the mission statement of Presbyterian Outlook Foundation Inc?

The Presbyterian Outlook Foundation's mission is centered around creating and curating reliable resources for the church. It connects followers of Jesus Christ through compelling and dedicated conversations, contributing to the proclamation of the Gospel. The foundation achieves this goal by publishing various editions of "The Presbyterian Outlook" throughout the year, providing thought-provoking commentary and valuable information to over 6000 subscribers.


Official website here: www.pres-outlook.com

Who is the CEO of Presbyterian Outlook Foundation Inc?

Matthew Rich is the President of Presbyterian Outlook Foundation Inc.


Official website here: www.pres-outlook.com

What is the revenue of Presbyterian Outlook Foundation Inc?

Presbyterian Outlook Foundation Inc's revenue in 2022 was $898,746.


Official website here: www.pres-outlook.com

Who are the executives of Presbyterian Outlook Foundation Inc and what are their salaries?

The average compensation at Presbyterian Outlook Foundation Inc during 2022 was $41,330. There are 6 employees at Presbyterian Outlook Foundation Inc.


Here are 18 key members and their salaries:


Matthew Rich (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bridgett Green (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Allison (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Benjamin Kane (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerry Andrews (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anne Apple (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Glen Bell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Chaapel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christine Chakoian (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sharon Core (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Currie (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Dunham (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shadreck Kamwendo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fred Lyon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ann Herlin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lana Russell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lindy Vogado (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Hostetter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.pres-outlook.com

Where can I find the form 990 for Presbyterian Outlook Foundation Inc?

Presbyterian Outlook Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.pres-outlook.com

Learn more at the official website: www.pres-outlook.com

Mission Statement of Presbyterian Outlook Foundation Inc

The Presbyterian Outlook Foundation's mission is centered around creating and curating reliable resources for the church. This organization, known as the Presbyterian Outlook, serves as a bridge connecting followers of Jesus Christ. They accomplish this through compelling and dedicated conversations, contributing significantly to the proclamation of the gospel. The Foundation's efforts are materialized through the publication of 18 issues of "The Presbyterian Outlook" annually. These publications offer thought-provoking commentary and valuable information to over 6,000 subscribers, thereby enriching their understanding and fostering meaningful discussions within the church community.

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Impact




July, 2024

Presbyterian Outlook Foundation Inc's impact is significant in creating and curating trustworthy resources for the church. Through their publication, "The Presbyterian Outlook," they connect disciples of Jesus Christ through compelling and committed conversation for the proclamation of the Gospel. With the publication of 18 issues over the course of the year, they provide valuable information and thought-provoking commentary to over 6000 subscribers. This organization based in Richmond, VA, plays a crucial role in fostering dialogue and sharing important insights within the Presbyterian community.




This information is meant to be a general summary of Presbyterian Outlook 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.

Revenue
$898,746 (2022)
Expenses
$910,783 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $4,254
  • Program Service Revenue: $618,045
  • Gross Receipts: $898,746

Assets and Liabilities:

  • Total Assets: $547,182
  • Total Liabilities: $228,163
  • Net Assets: $319,019

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

ADVERTISING REVENUE

Revenue

$323,248

SUBSCRIPTION REVENUE

Revenue

$228,858

EXTRAS

Revenue

$56,420

WEBINARS

Revenue

$9,519

Organization Details

Founding Year

1980

Principal Officer

Matthew Rich

Main Address

1 N 5TH STREET 500, RICHMOND, VA, 23219

NTEE Category

Code: X830 - Religion related

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