Overview
What is Restoration Word Ministries Inc?
Restoration Word Ministries Inc, based in Charlotte, North Carolina, is a nonprofit organization dedicated to teaching the Gospel of Jesus Christ and supporting the needy. Their primary activities include preparing and distributing meals to the homeless, conducting Bible studies, offering a discipleship program, and operating a children's ministry. The discipleship program provides a paid internship, life skills training, and Christian discipleship to participants. The children's ministry focuses on building relationships with children living in poverty and discipling them from a Christian perspective. Additionally, the organization provides transitional housing for men in the discipleship program and hosts a mobile food pantry. Their mission extends beyond teaching the Gospel, aiming to train believers to become who they are called to be and assist the poor.
Official website here: www.cltdc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 58% (One-Star out of Four Star rating)
Restoration Word Ministries Inc has received a One-Star rating from Charity Navigator, reflecting a score of 58%. This rating indicates that while the organization shows some strengths in areas such as governance, with 87% of its board members being independent, its overall financial transparency and accountability are lacking. The absence of financial statements has substantially impacted its score, leading to concerns about the organization's fiscal health.
The organization has taken positive steps in governance, as indicated by the presence of a whistleblower policy, a conflict of interest policy, and documented board meeting minutes. Additionally, it has a low liabilities to assets ratio, demonstrating a manageable level of debt. However, its program expense ratio of 51.73% suggests that a significant portion of its expenses may not be directed towards its programs, which could raise questions about operational efficiency.
Overall, while Restoration Word Ministries Inc shows commitment to governance and maintains a low risk of asset diversion, its lack of financial disclosures and relatively low program expense ratio highlight critical areas that require improvement for greater accountability and transparency.
This AI summary has been generated from information found on Charity Navigator.
Is Restoration Word Ministries Inc legitimate?
Restoration Word Ministries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Restoration Word 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: $90,673
Professional Fundraising Fees: $0
Other Salaries and Wages: $472,483
For more financial information, click here
Official website here: www.cltdc.org
What is the mission statement of Restoration Word Ministries Inc?
Restoration Word Ministries Inc's mission is centered around teaching and training Christians globally, helping them understand their role in the body of Christ, living in victory, walking in divine health, and prospering as children of God. The organization aims to prepare believers for the end-time harvest of souls, anticipating the imminent return of Jesus Christ. Additionally, Restoration Word Ministries Inc is committed to supporting missions and aiding the less fortunate.
Official website here: www.cltdc.org
Who is the CEO of Restoration Word Ministries Inc?
James B Noble Ii is the President of Restoration Word Ministries Inc.
Official website here: www.cltdc.org
What is the revenue of Restoration Word Ministries Inc?
Restoration Word Ministries Inc's revenue in 2022 was $798,738.
Official website here: www.cltdc.org
Who are the executives of Restoration Word Ministries Inc and what are their salaries?
The average compensation at Restoration Word Ministries Inc during 2022 was $40,225. There are 14 employees and 2000 volunteers at Restoration Word Ministries Inc.
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Official website here: www.cltdc.org
Where can I find the form 990 for Restoration Word Ministries Inc?
Restoration Word Ministries Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cltdc.org
Learn more at the official website: www.cltdc.org
Mission Statement of Restoration Word Ministries Inc
Restoration Word Ministries Inc, a nonprofit organization, is dedicated to fulfilling its primary exempt purpose. Its mission, in essence, is threefold. Firstly, it aims to educate and train Christians worldwide, helping them comprehend their role in the body of Christ. This enlightenment empowers them to live victoriously, maintain divine health, and prosper as God's children.
Secondly, Restoration Word Ministries Inc is called to prepare fellow believers for the end-time harvest of souls. This involves nurturing and equipping them to fulfill the roles that God has destined for them in this significant spiritual event, which is anticipated to precede the imminent return of Jesus Christ, their Lord and Savior.
Lastly, this nonprofit organization has a mission to support missions and aid the poor. It extends its assistance to those in need, contributing to various charitable causes and initiatives. By carrying out these activities, Restoration Word Ministries Inc plays a significant role in the broader Christian community, fostering spiritual growth, and promoting acts of compassion and generosity.
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Impact
July, 2024
Restoration Word Ministries Inc's impact is profound and far-reaching. Through their dedicated efforts, they have been actively teaching and spreading the gospel of Jesus Christ, supporting missions, and assisting the poor in the Charlotte, NC community. Their work goes beyond mere words, as volunteers actively engage in preparing and distributing food to the homeless, providing vital support and encouragement to those in need. Their outreach extends to children living in poverty, offering them guidance and discipleship from a Christian perspective.
Additionally, Restoration Word Ministries Inc houses a discipleship program that offers practical training, spiritual growth, and community service opportunities for individuals seeking to grow in their faith. They also provide transitional housing for men in need, nurturing them through a supportive living arrangement as they work towards self-improvement and independence. By organizing programs like Youth Tuesday Live and the Mobile Food Pantry, they are actively engaging with the community and providing essential resources to those in need.
In essence, Restoration Word Ministries Inc is making a tangible difference in the lives of many, fostering a community of support, faith, and empowerment. Their mission to teach and train believers to live victoriously in Christ, while also supporting missions and aiding the less fortunate, is truly impactful and inspiring.
This information is meant to be a general summary of Restoration Word 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 2022.
- Gross Receipts: $798,738
Assets and Liabilities:
- Total Assets: $457,713
- Total Liabilities: $21,026
- Net Assets: $436,687
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Organization Details
Founding Year
1998
Phone
(704) 375-1990Principal Officer
James B Noble Ii
Main Address
PO BOX 30877, CHARLOTTE, NC, 282020877
Website
www.cltdc.orgNTEE Category
Code: X21 - Religion related
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