Overview
What is Crown Financial Ministries Inc?
Crown Financial Ministries Inc is a nonprofit organization headquartered in Knoxville, Tennessee, with a global reach. Their primary mission is to educate and train individuals in biblical principles of finance and money management. They achieve this through their broadcasts on 1,249 terrestrial radio stations across the U.S. and internationally, as well as through digital platforms like blogs, tweets, and Facebook posts. With around 25 employees and over 10,000 volunteers worldwide, Crown Financial Ministries seeks to instill a sense of financial freedom, restoration, and flourishing in communities globally. Their work has impacted tens of millions of people in over 100 countries.
Official website here: www.crown.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 89%, Three-Star out of Four Star Rating
Crown Financial Ministries Inc has received a commendable 89% rating from Charity Navigator, indicating a strong commitment to accountability and financial health. The organization excels particularly in its leadership and adaptability, scoring a perfect 100 in that category. Its board largely consists of independent members, which enhances its governance and oversight capabilities.
The nonprofit demonstrates robust financial practices, with a low liabilities-to-assets ratio and high fundraising efficiency, showcasing its ability to manage resources effectively. Additionally, the organization has received perfect scores in constituent feedback and its usage of feedback for continuous improvement, reflecting a strong connection with the community it serves.
However, while the organization shows strengths in various operational aspects, its equity strategies score of 77 suggests there may be room for improvement in inclusivity and representation. Overall, Crown Financial Ministries Inc appears to be a trustworthy organization with solid financial and operational practices, though there are areas identified for potential enhancement.
This AI summary has been generated from information found on Charity Navigator.
Is Crown Financial Ministries Inc legitimate?
Crown Financial Ministries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Crown Financial 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: $648,389
Professional Fundraising Fees: $59,861
Other Salaries and Wages: $1,290,130
For more financial information, click here
Official website here: www.crown.org
What is the mission statement of Crown Financial Ministries Inc?
Crown Financial Ministries Inc's mission is centered around teaching biblical principles of finance and money management. The organization aims to equip leaders to implement these principles in their communities, believing that many global challenges stem from a lack of understanding of resources and their proper use. Since its inception in 1976, Crown has reached tens of millions of individuals across over 100 nations, transforming lives through its life-changing message of faithfully living by God's kingdom principles in various aspects of life. The ministry accomplishes its mission with a small team of about 25 employees and the support of over 10,000 passionate volunteers worldwide.
Official website here: www.crown.org
Who is the CEO of Crown Financial Ministries Inc?
Chuck Bentley is the Ceo of Crown Financial Ministries Inc. The CEO's salary of Crown Financial Ministries Inc is $151,888 and their total compensation is $210,159.
Official website here: www.crown.org
What is the revenue of Crown Financial Ministries Inc?
Crown Financial Ministries Inc's revenue in 2023 was $5,405,847.
Official website here: www.crown.org
Who are the executives of Crown Financial Ministries Inc and what are their salaries?
The average compensation at Crown Financial Ministries Inc during 2023 was $77,541. There are 25 employees and 10000 volunteers at Crown Financial Ministries Inc.
Here are 14 key members and their salaries (Crown Financial Ministries Inc's CEO's salary is $151,888 and their total compensation is $210,159):
- Compensation: $151,888
- Related: $0
- Other: $58,271
- Compensation: $119,002
- Related: $0
- Other: $19,919
- Compensation: $112,297
- Related: $0
- Other: $21,967
- Compensation: $100,925
- Related: $0
- Other: $11,901
- Compensation: $100,975
- Related: $0
- Other: $11,784
- Compensation: $80,491
- Related: $0
- Other: $4,829
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.crown.org
Where can I find the form 990 for Crown Financial Ministries Inc?
Crown Financial Ministries Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.crown.org
Learn more at the official website: www.crown.org
Mission Statement of Crown Financial Ministries Inc
Crown Financial Ministries, a faith-based organization established in 1976, is committed to educating leaders about biblical principles of finance and money management. The ministry's mission is to instill these principles in others, fostering a sense of freedom, restoration, and flourishing in their respective communities. Crown Financial Ministries believes that many of the world's challenges stem from a lack of comprehension of one's resources and how to effectively utilize them.
With a global presence in over 100 countries, Crown Financial Ministries has touched the lives of tens of millions of individuals, imparting the transformative message of living by God's kingdom principles in all aspects of life. The organization operates with a small team of about 25 employees, augmented by over 10,000 passionate volunteers worldwide. These volunteers play a critical role in spreading the ministry's teachings, helping to ignite a sense of true freedom in people's lives. Crown Financial Ministries' mission is not just about teaching financial principles, but about empowering leaders to create positive change in their communities, ultimately contributing to a world where individuals live in harmony with their resources.
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Impact
July, 2024
Crown Financial Ministries Inc's impact is significant and far-reaching. Through their efforts to teach biblical principles of finance and money management, they have reached a wide audience both in the U.S. and internationally. With programs broadcasted across a network of over 1,200 terrestrial radio stations and outlets, as well as through the internet, Crown potentially teaches God's financial principles to over 8 million listeners. Additionally, their CEO Chuck Bentley's blog and social media posts further extend the reach of their message.
Founded in 1976, Crown is dedicated to equipping leaders to bring freedom, restoration, and flourishing to the communities they serve. They believe that many of the world's challenges stem from a lack of understanding of how to best utilize the resources we have been given. Through their work, Crown has impacted tens of millions of people in over 100 nations with the life-transforming message of faithfully living by God's kingdom principles in all areas of life.
With a relatively small team of about 25 employees and the support of over 10,000 passionate volunteers worldwide, Crown Financial Ministries Inc has made a significant global impact in promoting financial literacy and wise stewardship based on biblical teachings.
This information is meant to be a general summary of Crown Financial 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 2023.
- Investment Income: $76,711
- Program Service Revenue: $396,700
- Gross Receipts: $5,885,918
Assets and Liabilities:
- Total Assets: $7,583,044
- Total Liabilities: $2,072,281
- Net Assets: $5,510,763
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM FEES
Revenue
$396,700
Organization Details
Founding Year
1976
Phone
(800) 722-1976Principal Officer
Chuck Bentley
Main Address
8351 E WALKER SPRINGS LANE STE 403, KNOXVILLE, TN, 379233141
Website
www.crown.orgNTEE Category
Code: X20Z - Religion related
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