Overview
What is Word Of Truth Teaching Ministries Inc?
Word of Truth Teaching Ministries Inc, situated in Ripley, Mississippi, is a nonprofit organization with a mission to spread the gospel of Jesus Christ. They specialize in renovating church buildings that are in need of repair, yet beyond the financial means of their respective congregations. Additionally, they host evangelistic events to share their beliefs and engage in missions work, aiming to spread the gospel further afield. The organization's activities are focused on uplifting and supporting various congregations, fostering spiritual growth and community within their faith.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73% (Two-Star out of Four Star rating)
Word Of Truth Teaching Ministries Inc has received a score of 73%, which translates into a Two-Star rating. This score reflects the organization’s approach to accountability and finance, indicating that while there are positive aspects, there remains room for improvement. The charity demonstrates strong governance practices, including a fully independent board, which is a positive factor in its overall evaluation.
The organization excels in several key financial metrics, such as a program expense ratio of 94.01%, suggesting that a significant portion of its funds is directed towards its mission-related activities. Additionally, it has no liabilities, enhancing its financial stability. These strengths highlight the charity’s commitment to effectively utilizing its resources to fulfill its objectives.
However, despite these strengths, the overall rating indicates that the organization may need to address certain operational areas to enhance its impact and transparency. Achieving higher accountability standards could further improve its standing and enable it to better serve its community.
This AI summary has been generated from information found on Charity Navigator.
Is Word Of Truth Teaching Ministries Inc legitimate?
Word Of Truth Teaching Ministries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Word Of Truth Teaching 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: $0
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What is the mission statement of Word Of Truth Teaching Ministries Inc?
Word of Truth Teaching Ministries Inc. is committed to spreading the message of Jesus Christ. Their mission involves renovating church buildings that are in need of repairs and are financially burdened, ensuring these congregations can continue their religious activities. Additionally, the organization hosts evangelistic events to preach the Gospel. Beyond this, they engage in missions work, striving to share the teachings of Jesus Christ with a wider audience.
Who is the CEO of Word Of Truth Teaching Ministries Inc?
Stanley H Phillips is the Ceo of Word Of Truth Teaching Ministries Inc. The CEO's salary of Word Of Truth Teaching Ministries Inc is $0 and their total compensation is $0.
What is the revenue of Word Of Truth Teaching Ministries Inc?
Word Of Truth Teaching Ministries Inc's revenue in 2022 was $42,619.
Who are the executives of Word Of Truth Teaching Ministries Inc and what are their salaries?
There 100 volunteers at Word Of Truth Teaching Ministries Inc.
Here are 3 key members and their salaries (Word Of Truth Teaching Ministries Inc's CEO's salary is $0 and their total compensation is $0):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Word Of Truth Teaching Ministries Inc?
Word Of Truth Teaching Ministries Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Word Of Truth Teaching Ministries Inc
Word of Truth Teaching Ministries Inc is dedicated to spreading the message of Jesus Christ. One of their key initiatives involves renovating church buildings that are in need of repairs, but are beyond the financial reach of their congregations. By undertaking these repairs, the ministry provides a tangible demonstration of their faith and commitment to their community.
In addition to physical restoration, Word of Truth Teaching Ministries Inc also hosts evangelistic events. These events serve as platforms for sharing the gospel, offering an opportunity for individuals to learn about and embrace Christianity. Through these events, the ministry aims to spread the teachings of Jesus Christ and inspire spiritual growth.
Furthermore, Word of Truth Teaching Ministries Inc engages in missions work to spread the gospel. This aspect of their mission involves traveling to different locations and sharing the message of Jesus Christ with those they encounter. By combining physical renovation, evangelistic events, and missions work, Word of Truth Teaching Ministries Inc seeks to make a meaningful impact on the lives of those they serve, spreading the gospel of Jesus Christ and offering support to congregations in need.
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Impact
August, 2024
Word of Truth Teaching Ministries Inc's impact is significant in spreading the gospel of Jesus Christ and renovating church buildings in need of repair for congregations that cannot afford to pay for the repairs. They also host evangelistic events to preach the gospel and engage in missions work to share the message of Christ. Through their activities, they are making a positive impact in Ripley, MS, and beyond by strengthening communities and spreading the teachings of Christianity.
This information is meant to be a general summary of Word Of Truth Teaching 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: $42,619
Assets and Liabilities:
- Total Assets: $8,784
- Total Liabilities: $0
- Net Assets: $8,784
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Organization Details
Founding Year
1979
Phone
(662) 587-3201Principal Officer
Stanley H Phillips
Main Address
211 WEST JEFFERSON STREET, RIPLEY, MS, 38663
NTEE Category
Code: X20 - Religion related
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