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Bible Way Church Of Georgetown

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

EIN: 570760817 ✦ Georgetown, SC ✦ Designated as a 501(c)(3)

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Overview

What is Bible Way Church Of Georgetown?

Bible Way Church of Georgetown is a nonprofit organization situated in Georgetown, South Carolina. With a dedicated team of 21 individuals, their primary mission is to provide child day care services for underprivileged children whose parents are employed. This essential service allows working parents to maintain their livelihoods while ensuring the well-being of their young ones. The church's child care services aim to cater to the needs of these children, providing a nurturing environment that supports their overall development.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 87% (Three-Star out of Four Star rating)

Bible Way Church Of Georgetown has received an overall score of 87%, indicating a strong performance in terms of accountability and finance. This rating is primarily based on a single beacon score focused on financial practices, showcasing the organization’s commitment to responsible financial management.

One of the notable strengths of Bible Way Church Of Georgetown is its governance structure, with 72% of board members being independent. This level of independence, alongside a well-defined conflict of interest policy and thorough documentation of board meeting minutes, reflects a robust framework for oversight and transparency. Additionally, the charity has no material diversion of assets, further establishing trust in its operations.

However, while the organization excels in accountability and finance, the rating does not provide insights into its programmatic effectiveness or community impact. Prospective donors and supporters may want to seek additional information regarding the specific outcomes of the church's initiatives to gain a fuller picture of its overall mission and effectiveness.


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

Is Bible Way Church Of Georgetown legitimate?

Bible Way Church Of Georgetown is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bible Way Church Of Georgetown 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: $131,640
Professional Fundraising Fees: $0
Other Salaries and Wages: $250,282

For more financial information, click here

What is the mission statement of Bible Way Church Of Georgetown?

The Bible Way Church, in its mission, strives to provide essential childcare services for needy children whose parents are employed. This commitment is aimed at alleviating the burden of childcare for working families and ensuring the children receive adequate supervision and care during the day. By offering these services, the church aims to contribute positively to the lives of these children and their families, promoting a sense of community and support.

Who is the CEO of Bible Way Church Of Georgetown?

Gemerial S Grayson is the Secretary of Bible Way Church Of Georgetown.

What is the revenue of Bible Way Church Of Georgetown?

Bible Way Church Of Georgetown's revenue in 2022 was $671,071.

Who are the executives of Bible Way Church Of Georgetown and what are their salaries?

The average compensation at Bible Way Church Of Georgetown during 2022 was $18,187. There are 21 employees at Bible Way Church Of Georgetown.


Here are 3 key members and their salaries:


John Smith (Director)
  • Compensation: $52,000
  • Related: $0
  • Other: $0
Brittney L Grayson (Director)
  • Compensation: $45,840
  • Related: $0
  • Other: $0
Gemerial S Grayson (Secretary)
  • Compensation: $33,800
  • Related: $0
  • Other: $0
Where can I find the form 990 for Bible Way Church Of Georgetown?

Bible Way Church Of Georgetown's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Bible Way Church Of Georgetown

Bible Way Church of Georgetown dedicates its efforts to providing essential child day care services for children whose parents are employed. This mission is a vital support system for working families, ensuring their young ones receive the care they need while their parents attend to their responsibilities. The church's commitment extends to providing a safe and nurturing environment for these children, enabling them to grow and learn under responsible care. This service is an invaluable resource for parents who may not otherwise have access to reliable child care, allowing them to maintain employment and secure a better future for their families.

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Impact




July, 2024

The impact of Bible Way Church Of Georgetown lies in its provision of child day care services for needy children of working parents. By offering this essential service, the church directly supports working families in Georgetown, South Carolina. This assistance allows parents to remain employed and contribute to the local economy while ensuring that their children are well-cared for in a safe and nurturing environment. The church's mission to cater to the needs of these children and families demonstrates their commitment to the well-being of the community and the future success of its young members.




This information is meant to be a general summary of Bible Way Church Of Georgetown. 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
$671,071 (2022)
Expenses
$576,182 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $90,442
  • Gross Receipts: $674,896

Assets and Liabilities:

  • Total Assets: -$670,874
  • Total Liabilities: $0
  • Net Assets: -$670,874

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PARENTS PAYMENTS FOR DA

Revenue

$90,442

Organization Details

Founding Year

1975

Principal Officer

Gemerial S Grayson

Main Address

PO BOX 38, GEORGETOWN, SC, 29442

NTEE Category

Code: P330 - Human services

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