Overview
What is New Song Ministries Inc?
New Song Ministries Inc, a Georgia-based nonprofit organization located at 825 Smith Road in Ball Ground, focuses on sharing the gospel message through Christian music concerts and youth conferences. With a team of 12 dedicated individuals, they organize events in both small and large venues to reach a wide audience of young people. Their mission is to uplift and inspire through music, spreading the Christian faith and creating meaningful experiences.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 58%
New Song Ministries Inc has received a One-Star out of Four Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The organization has an overall score of 58%, primarily affected by a lack of financial transparency, as it has not provided required financial statements. Despite strong performance in board independence and material asset management, the absence of key policies and documentation has raised red flags about governance.
One of the strengths of New Song Ministries is its high program expense ratio, which stands at 100%. This suggests that all funds are directed towards its mission-related activities, indicating a commitment to its programs. Additionally, the organization boasts a fully independent board, which is a positive indicator of governance integrity. However, the lack of basic policy documents, such as a conflict of interest policy and a whistleblower policy, poses potential risks.
Financially, the organization has a liabilities to assets ratio of 62.64%, which may indicate a level of financial strain. The salaries of key personnel are relatively high, which could be viewed as a concern given the overall financial scoring. Overall, while New Song Ministries shows dedication to its mission through program spending, it must address governance and transparency issues to improve its rating and build trust with supporters.
This AI summary has been generated from information found on Charity Navigator.
Is New Song Ministries Inc legitimate?
New Song Ministries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Song 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: $369,917
Professional Fundraising Fees: $0
Other Salaries and Wages: $515,898
For more financial information, click here
What is the mission statement of New Song Ministries Inc?
New Song Ministries Inc is a Christian music ministry dedicated to spreading the gospel message through live performances in various venues, catering to both small and large audiences. Their mission is to use music as a means to connect with young people and share the faith message that brings hope and inspiration. Through these concerts and youth conferences, the ministry aims to create engaging and uplifting experiences, fostering spiritual growth and deepening the connection with God for those in attendance. Their ultimate goal is to make a positive impact on the lives of the listeners, encouraging them to embrace the teachings of their faith.
Who is the CEO of New Song Ministries Inc?
Billy Goodwin is the Cfo of New Song Ministries Inc. The CEO's salary of New Song Ministries Inc is $181,000 and their total compensation is $362,000.
What is the revenue of New Song Ministries Inc?
New Song Ministries Inc's revenue in 2022 was $14,502,433.
Who are the executives of New Song Ministries Inc and what are their salaries?
The average compensation at New Song Ministries Inc during 2022 was $73,818. There are 12 employees and 50 volunteers at New Song Ministries Inc.
Here are 2 key members and their salaries (New Song Ministries Inc's CEO's salary is $181,000 and their total compensation is $362,000):
- Compensation: $188,917
- Related: $0
- Other: $188,917
- Compensation: $181,000
- Related: $0
- Other: $181,000
Where can I find the form 990 for New Song Ministries Inc?
New Song Ministries Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of New Song Ministries Inc
New Song Ministries, Inc. is a Christian music ministry that shares the gospel message through concert performances, reaching out to large and small crowds of young people. Their mission is centered around spreading the word of God through captivating and inspiring musical presentations.
This nonprofit organization brings the power of music and faith together, utilizing concert platforms to deliver the gospel message. By presenting their performances in various venues, they aim to touch the hearts and souls of their audience, instilling a deeper understanding and connection to their faith.
New Song Ministries goes beyond just putting on concerts; they also engage with young people through youth conferences. These events offer opportunities for attendees to connect with one another, learn from influential speakers, and grow in their spiritual journey. Through these events, the ministry fosters a sense of community and belonging, enabling young people to build lasting relationships and gain valuable insights.
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Impact
October, 2024
New Song Ministries Inc significantly impacts the community by sharing the Gospel message through engaging concert performances. By hosting concerts and youth conferences, they reach both large and small audiences, particularly young people, fostering spiritual growth and community connection. Their focus on music as a medium allows them to convey powerful messages of faith and hope, inspiring attendees and encouraging them to explore and deepen their spiritual journeys. Through these events, New Song Ministries Inc not only entertains but also cultivates a sense of belonging and purpose among participants, ultimately contributing to the moral and spiritual fabric of the community in Ball Ground, GA, and beyond.
This information is meant to be a general summary of New Song 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.
- Program Service Revenue: $14,502,433
- Gross Receipts: $14,502,433
Assets and Liabilities:
- Total Assets: $1,328,680
- Total Liabilities: $832,286
- Net Assets: $496,394
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
WINTER JAM TOUR
Revenue
$9,996,130
XTREME CONFERENCES
Revenue
$2,326,994
CONCERT INCOME
Revenue
$2,179,309
Organization Details
Founding Year
1981
Phone
(678) 938-0435Principal Officer
Billy Goodwin
Main Address
825 SMITH ROAD, BALL GROUND, GA, 30107
NTEE Category
Code: X800 - Religion related
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