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Jacob's Well Outreach Ministries Inc

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

EIN: 562066389 ✦ Manson, NC ✦ Designated as a 501(c)(3)

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Overview

What is Jacob's Well Outreach Ministries Inc?

Jacob's Well Outreach Ministries Inc, located in Manson, NC, is a nonprofit organization dedicated to serving the poor and disadvantaged community. Their mission encompasses establishing essential services such as food and clothes ministries, a recreational facility for youth, battered men's and women's shelters, and a prison training ministry. These initiatives aim to provide support and resources to those in need, fostering a sense of community and empowerment. The organization raises revenue through ministry support programs to sustain their missions and make a positive impact on their local community.

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement. Overall Score: 70%, earning a Two-Star out of Four Star rating.

Jacob's Well Outreach Ministries Inc demonstrates several strengths in its operations, particularly in accountability and finance, scoring well with a 70% overall rating. The organization boasts a fully independent board, with all ten members noted as independent, and has a strong program expense ratio of 100%. Additionally, it has no liabilities, which reflects positively on its financial health.

However, there are significant areas that require attention. The organization lacks several essential policies and transparency measures, including a conflict of interest policy, a whistleblower policy, and proper documentation of board meeting minutes. Furthermore, the absence of a website listed on the tax form and missing postings for important documents on its website detracts from its overall rating, indicating room for improvement in governance and public accountability.


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

Is Jacob's Well Outreach Ministries Inc legitimate?

Jacob's Well Outreach Ministries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Jacob's Well Outreach 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Jacob's Well Outreach Ministries Inc?

Jacob's Well Outreach Ministries Inc is committed to reaching out to the disadvantaged and impoverished population. They accomplish this by establishing essential services such as food and clothes ministries, recreational facilities for youth, and shelters for battered men and women. Additionally, they offer a prison training ministry to provide support and assistance. Their mission is to extend help and create opportunities for these individuals, aiming to improve their lives and well-being.

Who is the CEO of Jacob's Well Outreach Ministries Inc?

Loretta Pettaway is the Principal Officer of Jacob's Well Outreach Ministries Inc.

What is the revenue of Jacob's Well Outreach Ministries Inc?

Jacob's Well Outreach Ministries Inc's revenue in 2022 was $32,165.

Who are the executives of Jacob's Well Outreach Ministries Inc and what are their salaries?

There 15 volunteers at Jacob's Well Outreach Ministries Inc.


There is 1 key member and their salary:


James Pettaway (Pastor)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Jacob's Well Outreach Ministries Inc?

Jacob's Well Outreach Ministries Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Jacob's Well Outreach Ministries Inc

Jacob's Well Outreach Ministries, a nonprofit organization, is committed to reaching out to the disadvantaged and impoverished communities. They achieve this by establishing various initiatives. Primarily, they set up a food and clothes ministry, providing essential resources for those in need. Additionally, they operate a recreational facility for youth, offering them a safe space for recreation and growth.

Beyond these initiatives, Jacob's Well Outreach Ministries also extends support to individuals who have experienced domestic violence. They run battered men's and women's shelters, offering a safe haven for victims seeking refuge. Furthermore, the organization recognizes the importance of rehabilitation and offers a prison training ministry, aiming to provide support and guidance to inmates upon release.

In summary, Jacob's Well Outreach Ministries is dedicated to improving the lives of the disadvantaged and poor. Through their food and clothes ministry, recreational facility for youth, battered men's and women's shelters, and prison training ministry, they strive to provide essential resources, safe spaces, and rehabilitative support to those in need.

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Impact




August, 2024

Jacob's Well Outreach Ministries Inc has made a significant impact in Manson, NC by providing essential services to the poor and disadvantaged in the community. Through their food and clothes ministry, recreational facility for youth, battered men's and women's shelters, and prison training ministry, they have been able to reach out to those in need and provide support to those facing challenges. Their dedication to serving the community and their mission to help those in need is evident in the programs and services they offer.




This information is meant to be a general summary of Jacob's Well Outreach 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.

Revenue
$32,165 (2022)
Expenses
$41,647 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $32,165

Assets and Liabilities:

  • Total Assets: $0
  • Total Liabilities: $0
  • Net Assets: $0

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Organization Details

Founding Year

2003

Principal Officer

Loretta Pettaway

Main Address

318 MANSON/DREWRY RD, MANSON, NC, 27553

NTEE Category

Code: X20 - Religion related

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