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Ago 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: 562458850 ✦ Laguna beach, CA ✦ Designated as a 501(c)(3)

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Overview

What is Ago Ministries Inc?

Ago Ministries Inc, located in Laguna Beach, California, is a small nonprofit organization with a single employee. Their primary mission is to promote missions, ministry, and scholarships, aiming to honor Jesus Christ and spread God's love to college campuses and beyond. This mission-driven organization works diligently to show affection and support to educational institutions, embodying its purpose through various activities.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 53%, One-Star out of Four Stars

Ago Ministries Inc has received a low score of 53%, which translates to a One-Star rating on Charity Navigator. This rating is solely based on the Accountability & Finance category, indicating significant areas of concern regarding governance and transparency within the organization. The lack of independent board members and missing critical policies such as conflict of interest and whistleblower policies have notably impacted their score.

While Ago Ministries has demonstrated a strong program expense ratio of 100%, indicating that all expenses are directed towards their programs, other financial accountability measures are lacking. The organization has a material diversion of assets score of 10 out of 10, which shows that they are not mismanaging their funds. However, the absence of policies and the overall governance structure raises red flags for potential donors seeking transparency.

To improve their standing, Ago Ministries needs to address the gaps in governance, particularly by incorporating independent board members and implementing essential policies for accountability. Without these improvements, potential supporters may hesitate to contribute, given the current rating and the organization's overall governance issues.


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

Is Ago Ministries Inc legitimate?

Ago Ministries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ago 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: $3,600

For more financial information, click here

What is the mission statement of Ago Ministries Inc?

Ago Ministries Inc exists with a mission to foster missions, ministry, and scholarships as a means to honor Jesus Christ and demonstrate God's love. This organization targets college campuses and extends its reach beyond, aiming to promote these initiatives. The overarching goal is to spread God's love and support through various means, including missions and ministries. The organization also provides scholarships to further its mission and show compassion to individuals in need.

Who is the CEO of Ago Ministries Inc?

Branden Shaffer is the Chairman of Ago Ministries Inc.

What is the revenue of Ago Ministries Inc?

Ago Ministries Inc's revenue in 2022 was $45,512.

Who are the executives of Ago Ministries Inc and what are their salaries?

The average compensation at Ago Ministries Inc during 2022 was $3,600. There is 1 employee at Ago Ministries Inc.


Here are 2 key members and their salaries:


John Seevers (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Branden Shaffer (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Ago Ministries Inc?

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

Mission Statement of Ago Ministries Inc

Ago Ministries Inc is dedicated to promoting missions, ministry, and scholarships with the primary aim of honoring Jesus Christ and demonstrating God's love. This nonprofit organization seeks to extend its reach beyond college campuses, striving to make a meaningful impact in various communities. The mission of Ago Ministries Inc is multifaceted, encompassing three key areas: missions, ministry, and scholarships. Through missions, the organization works towards spreading the message of Christianity and showing love to others. The ministry aspect involves engaging in spiritual activities, such as worship and prayer, to strengthen individuals' faith. Lastly, the scholarship program is designed to support students financially, enabling them to pursue their education while remaining connected to their religious beliefs. In essence, Ago Ministries Inc serves to honor Jesus Christ and spread His love by promoting missions, ministry, and education in various settings.

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Impact




August, 2024

Ago Ministries Inc's impact is centered on promoting missions, ministry, and scholarships to honor Jesus Christ and demonstrate God's love to college campuses and beyond. Their efforts serve to inspire and support individuals in their faith journey while also providing opportunities for education and engagement with the community. Through their focus on philanthropy and spreading the message of Christianity, Ago Ministries Inc plays a crucial role in building a network of support and encouragement for those seeking spiritual growth and academic advancement.




This information is meant to be a general summary of Ago 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
$45,512 (2022)
Expenses
$7,811 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $5,867
  • Gross Receipts: $45,512

Assets and Liabilities:

  • Total Assets: $400,116
  • Total Liabilities: $0
  • Net Assets: $400,116

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Organization Details

Principal Officer

Branden Shaffer

Main Address

1968 SOUTH COAST HWY 1927, LAGUNA BEACH, CA, 92651

NTEE Category

Code: T30 - Philanthropy

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