Overview
What is His1040 Inc?
His1040 Inc is a nonprofit organization based in Virginia Beach, Virginia. Their primary mission is to fulfill the Great Commission by empowering native and indigenous missionaries among unreached people groups. In response to the global pandemic in 2020, His1040 provided significant relief to underserved communities in remote areas, distributing essential items such as food, water, medicine, and blankets in three waves. They also installed wells with handpumps in tribal areas and supplied motorcycles and bicycles for enhanced mobility. Additionally, sewing centers in Bangladesh and India transitioned to producing face masks, enabling women to earn a living. His1040 also offered compassionate grief counseling to those who had lost loved ones due to the pandemic.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement)
His1040 Inc has received a two-star rating from Charity Navigator, indicating that the organization has room for improvement in its accountability and financial practices. With an overall score of 71%, the nonprofit shows strength in having 100% independent board members and an excellent program expense ratio of 98.92%, indicating that most of its spending goes directly to its programs.
However, the organization faces significant challenges, particularly in transparency. It has not provided any financial statements, which heavily impacts its score in that category. Additionally, important governance policies such as a whistleblower policy and document retention guidelines are missing, which could raise concerns about its operational integrity.
Overall, while His1040 Inc demonstrates a commitment to its mission through a high program expense ratio and an independent board, it needs to address its transparency issues and improve its financial reporting to enhance its standing and effectiveness as a nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
Is His1040 Inc legitimate?
His1040 Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. His1040 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: $0
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What is the mission statement of His1040 Inc?
His1040 Inc's mission is centered around fulfilling the Great Commission by empowering native and indigenous missionaries among unreached people groups. The organization's activities focus on providing relief, such as food, water, medicine, and blankets, to underserved communities in remote areas, particularly during the global pandemic. They also install wells with handpumps in tribal areas and provide mobility aids like motorcycles and bicycles to workers. In times of grief, such as during the Covid-19 pandemic, they offer compassionate counseling. Additionally, His1040 Inc supports women by enabling sewing centers to transition into producing face masks, thereby providing an income source.
Who is the CEO of His1040 Inc?
Napoleon C Igna is the Principal Officer of His1040 Inc.
What is the revenue of His1040 Inc?
His1040 Inc's revenue in 2020 was $524,566.
Who are the executives of His1040 Inc and what are their salaries?
Here are 3 key members and their salaries:
- 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 His1040 Inc?
His1040 Inc's most recent form 990 was submitted in 2020 and can be accessed here.
Mission Statement of His1040 Inc
His1040 Inc is dedicated to fulfilling the Great Commission among unreached people groups. They achieve this mission by empowering native and indigenous missionaries. This nonprofit organization recognizes the importance of local individuals in spreading the message and reaching out to communities that may be overlooked or inaccessible. In 2020, His1040 Inc demonstrated its commitment to this mission by providing relief to underserved communities during the global pandemic. They distributed essential items such as food, water, medicine, and blankets to these remote areas in three waves. Additionally, His1040 Inc installed wells with handpumps in tribal areas and provided transportation tools like motorcycles and bicycles to workers. The organization also offered compassionate grief counseling to those who had lost loved ones due to Covid-19. An impressive initiative from His1040 Inc was the transition of their sewing centers in Bangladesh and India to produce face masks, allowing local women to generate income during challenging times. By empowering native missionaries and providing essential aid to remote communities, His1040 Inc is making significant strides in fulfilling its mission.
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Impact
July, 2024
His1040 Inc's impact in 2020 was significant despite the challenges posed by the global pandemic. The organization provided crucial relief to underserved people groups in remote areas through three waves of distributions that included essential items such as food, water, medicine, and blankets. Additionally, His1040 continued its mission of installing wells with hand pumps in remote tribal areas, providing mobility assistance to workers through motorcycles and bicycles, and offering compassionate grief counseling to those who had lost loved ones to Covid-19. Sewing centers in Bangladesh and India were repurposed to produce face masks, enabling many women to earn a living during this difficult time. His1040's efforts underscore its commitment to fulfilling the Great Commission among unreached people groups by empowering native and indigenous missionaries.
This information is meant to be a general summary of His1040 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 2020.
- Investment Income: $2
- Gross Receipts: $524,566
Assets and Liabilities:
- Total Assets: $36,546
- Total Liabilities: $2
- Net Assets: $36,544
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Organization Details
Founding Year
2001
Principal Officer
Napoleon C Igna
Main Address
PO BOX 64368, Virginia Beach, VA, 234674368
NTEE Category
Code: X20 - Religion related
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