Overview
What is Cbm Ministries Of The Mid-Atlantic Inc?
Cbm Ministries of the Mid-Atlantic Inc, located in Fairmont, North Carolina (145 Grace Drive), is a nonprofit organization dedicated to serving children. During the summer, they host a camp for around 450 children, offering engaging activities that promote Christian values and service. Throughout the school year, their Released Time Classes cater to approximately 3,500 to 4,000 children, fostering spiritual growth. The organization's mission is to encourage and equip children to actively serve Jesus Christ in their communities, local churches, and beyond. With a committed workforce of 24 individuals, Cbm Ministries of the Mid-Atlantic Inc strives to make a positive impact on young lives.
Official website here: www.cbmcampgrace.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Stars
Cbm Ministries Of The Mid-Atlantic Inc has received a three-star rating from Charity Navigator, with a score of 76%. This rating indicates a solid performance in accountability and finance, reflecting the organization’s commitment to transparency and responsible financial management. The rating is primarily derived from a single beacon score focused on the organization’s fiscal practices for the most recent fiscal year, FY2023.
The nonprofit demonstrates several strengths, including a fully independent board with 100% independent members and a strong program expense ratio of 97.91%, indicating that the vast majority of its expenditures are directed towards its programs rather than administrative costs. Additionally, the organization has no material diversion of assets and reports a low liabilities-to-assets ratio of 6.15%, which contributes positively to its financial health.
However, the organization has notable limitations in governance policies, as it lacks a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy. These missing elements may raise concerns about internal controls and ethical practices. Nonetheless, Cbm Ministries Of The Mid-Atlantic Inc shows a strong commitment to its mission through effective program spending and a well-structured board.
This AI summary has been generated from information found on Charity Navigator.
Is Cbm Ministries Of The Mid-Atlantic Inc legitimate?
Cbm Ministries Of The Mid-Atlantic Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cbm Ministries Of The Mid-Atlantic 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: $213,814
For more financial information, click here
Official website here: www.cbmcampgrace.com
What is the mission statement of Cbm Ministries Of The Mid-Atlantic Inc?
Cbm Ministries of the Mid-Atlantic Inc's mission is centered around providing camp facilities and programs that inspire and equip children to actively serve Jesus Christ in their community, local church, and beyond. Through these initiatives, the organization aims to foster a spirit of service among children, enabling them to contribute positively to their communities and religious institutions. During the summer, the ministry hosts a camp for approximately 450 children of various ages, offering activities designed to promote Christian values. Additionally, the organization conducts Released Time Classes during the school year, reaching out to an estimated 3,500 to 4,000 children, thereby providing them with opportunities to explore their faith further.
Official website here: www.cbmcampgrace.com
Who is the CEO of Cbm Ministries Of The Mid-Atlantic Inc?
Brooks Lowry is the Treasurer of Cbm Ministries Of The Mid-Atlantic Inc.
Official website here: www.cbmcampgrace.com
What is the revenue of Cbm Ministries Of The Mid-Atlantic Inc?
Cbm Ministries Of The Mid-Atlantic Inc's revenue in 2022 was $607,708.
Official website here: www.cbmcampgrace.com
Who are the executives of Cbm Ministries Of The Mid-Atlantic Inc and what are their salaries?
The average compensation at Cbm Ministries Of The Mid-Atlantic Inc during 2022 was $8,909. There are 24 employees at Cbm Ministries Of The Mid-Atlantic Inc.
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Official website here: www.cbmcampgrace.com
Where can I find the form 990 for Cbm Ministries Of The Mid-Atlantic Inc?
Cbm Ministries Of The Mid-Atlantic Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cbmcampgrace.com
Learn more at the official website: www.cbmcampgrace.com
Mission Statement of Cbm Ministries Of The Mid-Atlantic Inc
Cbm Ministries of the Mid-Atlantic Inc is committed to inspiring and empowering children to actively serve Jesus Christ in their communities, local churches, and beyond. This nonprofit organization achieves this mission by providing camp facilities and programs that foster a spirit of Christian service. During the summer, about 450 children of various ages participate in these camps, engaging in activities designed to nurture their faith and service-oriented attitudes.
Beyond the summer camps, Cbm Ministries of the Mid-Atlantic Inc also reaches out to children during the school year through their Released Time Classes. These classes, which see approximately 3,500 to 4,000 children annually, are an integral part of the organization's mission. By providing these opportunities for spiritual growth and service, Cbm Ministries of the Mid-Atlantic Inc aims to equip children with the tools and motivation to serve their communities and their faith in a meaningful way.
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Impact
July, 2024
Cbm Ministries Of The Mid-Atlantic Inc has a significant impact on the lives of children in the community by providing summer camp facilities and programs that encourage and equip them for active service for Jesus Christ. Approximately 450 children of all ages benefit from these activities designed to foster Christian service. Additionally, during the school year, around 3,500 to 4,000 children participate in the released time classes, further extending the organization's reach. Through these initiatives, Cbm Ministries Of The Mid-Atlantic Inc is actively shaping a new generation of individuals committed to serving their community, local church, and beyond in the name of Jesus Christ.
This information is meant to be a general summary of Cbm Ministries Of The Mid-Atlantic 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: $8
- Program Service Revenue: $358,192
- Gross Receipts: $607,708
Assets and Liabilities:
- Total Assets: $1,044,153
- Total Liabilities: $67,951
- Net Assets: $976,202
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Missionary Support
Revenue
$235,000
Camp Fees
Revenue
$95,006
Events
Revenue
$28,186
Organization Details
Founding Year
1997
Principal Officer
Brooks Lowry
Main Address
145 GRACE DRIVE, FAIRMONT, NC, 28340
Website
www.cbmcampgrace.comNTEE Category
Code: X20Z - Religion related
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