Overview
What is Free Will Baptist Press Foundation Incorporated?
The Free Will Baptist Press Foundation Incorporated, situated in Ayden, North Carolina, operates as a nonprofit organization with a mission to provide affordable Christian literature materials and religious goods to various churches, organizations, and individuals. This charitable entity specializes in printing and distributing low-cost religious materials for use in religious activities, extending its assistance to churches within the Original Free Will Baptist Convention, as well as to other organizations and individuals. The foundation's purpose is to support the religious needs of the community by offering these materials at a cost that is subsidized by the organization itself. With a workforce of around 10 dedicated employees, the Free Will Baptist Press Foundation Incorporated plays a significant role in promoting religious literacy and engagement within its community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Stars)
The Free Will Baptist Press Foundation Incorporated has earned a Three-Star rating from Charity Navigator, reflecting a solid performance in Accountability & Finance. This rating is based entirely on a single beacon score, indicating that the organization has met various financial and governance standards effectively. The fiscal year reported is FY2023.
Strengths of the organization include a fully independent board, as all 10 members are independent, and a favorable liabilities to assets ratio of 42.52%. Additionally, the foundation maintains transparency with a conflict of interest policy and documents board meeting minutes, showcasing its commitment to good governance practices. The program expense ratio is also commendable at 69.97%, indicating that a significant portion of funds is dedicated to programmatic activities.
While the overall rating is positive, it is important for potential donors and supporters to consider the aspects of financial health and governance that contribute to this score. The organization appears to be well-managed, but ongoing evaluation of its program effectiveness and community impact would provide a more comprehensive understanding of its overall effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Free Will Baptist Press Foundation Incorporated legitimate?
Free Will Baptist Press Foundation Incorporated is a legitimate nonprofit organization registered as a 501(c)(3) entity. Free Will Baptist Press Foundation Incorporated 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: $128,150
Professional Fundraising Fees: $0
Other Salaries and Wages: $86,335
For more financial information, click here
What is the mission statement of Free Will Baptist Press Foundation Incorporated?
The Free Will Baptist Press Foundation Incorporated is committed to providing low-cost printed religious materials to various entities within the Original Free Will Baptist Convention, including churches, the convention itself, Sunday school groups, Original Free Will Baptist ministries, and other organizations and individuals. These materials are intended for use in religious activities. The charity operates with the printing costs covered by itself, and assistance is available to churches who may find it challenging to cover the costs associated with these activities.
Who is the CEO of Free Will Baptist Press Foundation Incorporated?
John Richard Watson is the Vice Preside of Free Will Baptist Press Foundation Incorporated.
What is the revenue of Free Will Baptist Press Foundation Incorporated?
Free Will Baptist Press Foundation Incorporated's revenue in 2022 was $471,357.
Who are the executives of Free Will Baptist Press Foundation Incorporated and what are their salaries?
The average compensation at Free Will Baptist Press Foundation Incorporated during 2022 was $21,448. There are 10 employees at Free Will Baptist Press Foundation Incorporated.
Here are 11 key members and their salaries:
- Compensation: $54,200
- Related: $0
- Other: $0
- Compensation: $47,950
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- Other: $0
- Compensation: $26,000
- Related: $0
- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990 for Free Will Baptist Press Foundation Incorporated?
Free Will Baptist Press Foundation Incorporated's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Free Will Baptist Press Foundation Incorporated
Free Will Baptist Press Foundation Incorporated is a charitable organization with a mission to offer affordable printed religious materials to churches within the Original Free Will Baptist Convention, as well as to the convention itself, Sunday school groups, and various ministries and organizations. This nonprofit aims to keep the costs of these materials low, with assistance available to churches who may struggle to cover the expenses. By providing these resources, Free Will Baptist Press Foundation Incorporated supports religious activities across its network, contributing to the spiritual growth and engagement of its affiliated communities.
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Impact
July, 2024
Free Will Baptist Press Foundation Incorporated has a significant impact by providing low-cost printed religious materials to churches in the Original Free Will Baptist Convention, Sunday school groups, Free Will Baptist ministries, and other organizations and individuals for use in religious activities. This enables these groups to access Christian literature materials and various religious goods at affordable prices, helping them in their spiritual endeavors. Through their mission of making printed religious materials accessible and affordable, Free Will Baptist Press Foundation Incorporated plays a vital role in supporting religious education and outreach within the Free Will Baptist community.
This information is meant to be a general summary of Free Will Baptist Press Foundation Incorporated. 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: $17
- Gross Receipts: $964,738
Assets and Liabilities:
- Total Assets: $381,815
- Total Liabilities: $218,998
- Net Assets: $162,817
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Organization Details
Founding Year
1964
Phone
(252) 746-6128Principal Officer
John Richard Watson
Main Address
3928 LEE ST, AYDEN, NC, 28513
NTEE Category
Code: X83 - Religion related
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