Overview
What is Ministry Outreach Foundation?
Ministry Outreach Foundation is a nonprofit organization situated in Cordova, Tennessee, specifically at 65 Germantown CT 409, 38018. Their mission is twofold: firstly, they aim to unify and bolster the efforts of individuals and churches worldwide in spreading the message of Jesus Christ. Secondly, they are committed to assisting those in need. Through their projects and mission trips, they strive to make a global impact, extending their reach beyond their local base. The organization employs a team of 18 individuals dedicated to fulfilling this mission.
Official website here: www.mofonline.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 89% (Three-Star out of Four Star rating)
Ministry Outreach Foundation has received an 89% rating from Charity Navigator, highlighting its strong performance in accountability and finance. This rating reflects the organization's commitment to transparency and effective management of resources, with no material diversions of assets reported and a high percentage of independent board members.
The organization scored exceptionally well in several key areas, including financial oversight, with an audit committee and a solid program expense ratio of almost 88%. These metrics indicate that a significant portion of its funds are directed towards its programs, demonstrating a focus on achieving its mission rather than excessive administrative costs.
While the overall rating is positive, it is solely based on accountability and finance, suggesting that there may be limited information available regarding other aspects of the organization's impact or effectiveness. Potential donors and stakeholders may want to consider exploring further details about its programs and outreach efforts.
This AI summary has been generated from information found on Charity Navigator.
Is Ministry Outreach Foundation legitimate?
Ministry Outreach Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ministry Outreach Foundation 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: $483,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $527,850
For more financial information, click here
Official website here: www.mofonline.org
What is the mission statement of Ministry Outreach Foundation?
The Ministry Outreach Foundation's mission is centered around uniting individuals and churches in an endeavor to spread the message of Jesus Christ globally. Their primary objective is to share the Gospel and provide aid to those in need. They strive to amplify the efforts of individuals and religious institutions in this noble cause. The foundation supports various projects worldwide and organizes mission trips to further this mission.
Official website here: www.mofonline.org
Who is the CEO of Ministry Outreach Foundation?
Richard Hamlet is the President & Chairman of Ministry Outreach Foundation.
Official website here: www.mofonline.org
What is the revenue of Ministry Outreach Foundation?
Ministry Outreach Foundation's revenue in 2022 was $4,627,834.
Official website here: www.mofonline.org
Who are the executives of Ministry Outreach Foundation and what are their salaries?
The average compensation at Ministry Outreach Foundation during 2022 was $56,158. There are 18 employees at Ministry Outreach Foundation.
Here are 5 key members and their salaries:
- Compensation: $397,000
- Related: $0
- Other: $65,000
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $43,500
- Related: $0
- Other: $0
- Compensation: $42,500
- Related: $0
- Other: $0
Official website here: www.mofonline.org
Where can I find the form 990 for Ministry Outreach Foundation?
Ministry Outreach Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mofonline.org
Learn more at the official website: www.mofonline.org
Mission Statement of Ministry Outreach Foundation
The Ministry Outreach Foundation is a united effort aimed at enhancing the outreach of individuals and churches worldwide. With a strong commitment to their mission, this organization strives to propagate the gospel of Jesus Christ and offer aid to those in need. By bringing together various entities, the Ministry Outreach Foundation aims to amplify their collective impact, extending their reach beyond local boundaries.
The organization's mission is twofold: firstly, to promote the message of Jesus Christ globally, and secondly, to provide assistance to people in distress. By encouraging collaboration among individuals and churches, the Ministry Outreach Foundation amplifies the impact of their efforts, enabling them to extend their reach to more communities and make a meaningful difference in people's lives. They support various projects worldwide, ensuring that the message of love and hope embodied in the gospel of Jesus Christ reaches far and wide. Additionally, the Ministry Outreach Foundation extends its humanitarian efforts by participating in mission trips and providing aid to those in need.
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Impact
July, 2024
Ministry Outreach Foundation has a significant impact by bringing together and strengthening the efforts of individuals and churches to reach the world with the gospel of Jesus Christ and to minister to those in need. Through supported projects all over the world and mission trips, they are actively spreading their mission of spreading the gospel and providing assistance to those in need. Their work is making a positive difference in communities both locally and globally, serving as a beacon of hope and support for many.
This information is meant to be a general summary of Ministry Outreach Foundation. 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: $3,608,485
- Program Service Revenue: $494,211
- Gross Receipts: $436,039,039
Assets and Liabilities:
- Total Assets: $15,784,287
- Total Liabilities: $1,124,925
- Net Assets: $14,659,362
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CHRISTIAN MEDIA 1
Revenue
$494,211
Organization Details
Founding Year
2003
Phone
(901) 684-5556Principal Officer
Richard Hamlet
Main Address
65 GERMANTOWN CT 409, CORDOVA, TN, 38018
Website
www.mofonline.orgNTEE Category
Code: X122 - Religion related
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