Overview
What is Challenge For Living Ministries Inc?
Challenge For Living Ministries Inc, based in Mint Hill, North Carolina (28227), is a nonprofit organization with a Christian focus. Their primary mission is to provide humanitarian aid and social services globally. They achieve this by offering financial support to various Christian ministries worldwide, with a special focus on those headquartered in the United States. Furthermore, CFL plays a role in preparing local pastors for leadership roles in an international context, while also spreading the message of Jesus Christ.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 20% (Zero-Star out of Four Star rating)
Challenge For Living Ministries Inc has received a low rating of 20%, indicating significant concerns regarding its accountability and financial practices. Although it has a high percentage of independent board members, the organization struggles with various governance and transparency issues, such as missing conflict of interest and whistleblower policies.
The organization reports a program expense ratio of only 7.49%, suggesting that a minimal portion of its resources is allocated to the programs it promotes. Additionally, the absence of key documentation, including board meeting minutes and tax forms on its website, raises questions about its operational transparency and commitment to best practices in nonprofit management.
Overall, while Challenge For Living Ministries Inc has some strengths in board independence, the glaring deficiencies in its financial management and accountability mechanisms are concerning. Potential donors may want to seek more information or consider other organizations with stronger financial health and transparency.
This AI summary has been generated from information found on Charity Navigator.
Is Challenge For Living Ministries Inc legitimate?
Challenge For Living Ministries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Challenge For Living Ministries 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: $50,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $50,000
For more financial information, click here
What is the mission statement of Challenge For Living Ministries Inc?
Challenge For Living Ministries Inc., as a Christian organization, is committed to carrying out humanitarian aid and offering social services. They focus on equipping pastors to effectively lead local congregations in an international setting, while also spreading the message of Jesus Christ. Moreover, this organization is involved in providing financial assistance to various Christian ministries worldwide, primarily those based in the United States.
Who is the CEO of Challenge For Living Ministries Inc?
Joe Brown is the Chairman of Challenge For Living Ministries Inc.
What is the revenue of Challenge For Living Ministries Inc?
Challenge For Living Ministries Inc's revenue in 2021 was $96,057.
Who are the executives of Challenge For Living Ministries Inc and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $50,000
- 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 Challenge For Living Ministries Inc?
Challenge For Living Ministries Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Challenge For Living Ministries Inc
Challenge For Living Ministries Inc, a Christian organization, is committed to delivering humanitarian aid and offering social services. Their primary mission is to empower local pastors to lead congregations effectively in an international setting. Furthermore, they dedicate themselves to spreading the gospel of Jesus Christ. In addition to this, they extend their charitable efforts by making donations to various Christian ministries, with these donations primarily going to organizations based in the United States.
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Impact
October, 2024
Challenge For Living Ministries Inc has a profound impact by providing humanitarian aid and social services on an international scale. Through equipping pastors, the organization enhances local congregations’ leadership abilities, fostering spiritual growth and community development. By donating to various Christian ministries across the globe, primarily those headquartered in the United States, Challenge For Living Ministries Inc strengthens the reach of the gospel and supports vital programs that address the needs of marginalized communities. Their commitment to preaching the gospel of Jesus Christ not only nurtures faith but also promotes social transformation, enabling individuals and communities to thrive.
This information is meant to be a general summary of Challenge For Living Ministries 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 2021.
- Investment Income: $57
- Gross Receipts: $96,057
Assets and Liabilities:
- Total Assets: $599,182
- Total Liabilities: $0
- Net Assets: $599,182
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Organization Details
Founding Year
1993
Phone
(704) 577-1340Principal Officer
Joe Brown
Main Address
7427 Matthews-Mint Hill Road 105, Mint Hill, NC, 28227
NTEE Category
Code: X21Z - Religion related
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