Overview
What is Gospel Enterprises Inc?
Gospel Enterprises Inc, based in Lake Wacammaw, North Carolina, is a nonprofit organization that operates The Anchorage, a year-round Christian camp and conference center. Their primary mission is to spread the gospel of Jesus Christ, nurture strong Christian character, and inspire individuals towards Christian service. They offer a unique lakefront camping experience, including activities such as swimming, boating, water skiing, fishing, gym activities, and Bible study sessions, both individually and in groups. Their team comprises 42 dedicated individuals.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (63%)
Gospel Enterprises Inc has received a two-star rating from Charity Navigator, indicating significant room for improvement in its accountability and financial practices. The overall score of 63% reflects concerns, particularly in the areas of financial transparency and governance. Notably, the organization scored zero points for having its financial statements available, which raises questions about accessibility and transparency for potential donors.
Strengths of the organization include a high score for its liabilities to assets ratio and program expense ratio, suggesting that it may be efficiently allocating resources towards its mission. Furthermore, the organization has established certain good governance practices, such as a conflict of interest policy and maintaining minutes of board meetings. However, the absence of independent board members and weaknesses in financial documentation detract from its overall accountability.
Limitations highlighted in the evaluation include a lack of posted tax forms on its website and deficiencies in policies related to whistleblower protection and document retention. These issues contribute to a lower perception of trustworthiness, which could impact donor confidence. To improve its rating, Gospel Enterprises Inc may need to enhance transparency and strengthen its governance frameworks.
This AI summary has been generated from information found on Charity Navigator.
Is Gospel Enterprises Inc legitimate?
Gospel Enterprises Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gospel Enterprises 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: $75,959
Professional Fundraising Fees: $0
Other Salaries and Wages: $113,080
For more financial information, click here
What is the mission statement of Gospel Enterprises Inc?
Gospel Enterprises Inc operates a year-round Christian camp and conference center, with the primary purpose of spreading the message of Jesus Christ, fostering strong Christian character, and encouraging individuals towards Christian service. The organization strives to create a unique lakefront camping experience, offering activities such as swimming, boating, water skiing, fishing, and gym activities, alongside personal and group Bible studies. The mission of Gospel Enterprises Inc is to provide a nurturing environment that challenges individuals to deepen their religious beliefs and commitments.
Who is the CEO of Gospel Enterprises Inc?
David Ulrich is the Chairmanpresident of Gospel Enterprises Inc.
What is the revenue of Gospel Enterprises Inc?
Gospel Enterprises Inc's revenue in 2022 was $827,977.
Who are the executives of Gospel Enterprises Inc and what are their salaries?
The average compensation at Gospel Enterprises Inc during 2022 was $4,501. There are 42 employees and 50 volunteers at Gospel Enterprises Inc.
Here are 13 key members and their salaries:
- Compensation: $41,106
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- Other: $0
- Compensation: $34,863
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Where can I find the form 990 for Gospel Enterprises Inc?
Gospel Enterprises Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Gospel Enterprises Inc
Gospel Enterprises Inc is a nonprofit organization dedicated to spreading the teachings of Jesus Christ, fostering strong Christian character, and encouraging individuals to engage in Christian service. Their primary undertaking is The Anchorage, a year-round Christian camp and conference center. This facility serves as a platform to share the gospel, nurture spiritual growth, and inspire individuals to serve their communities.
At The Anchorage, Gospel Enterprises Inc offers a unique lakefront camping experience. Activities include swimming, boating, water skiing, fishing, and gym exercises. The center also provides opportunities for personal and group Bible study, allowing individuals to delve deeper into their faith. The ultimate goal of these experiences is to challenge participants to live out their Christian beliefs and contribute positively to their communities.
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Impact
July, 2024
Gospel Enterprises Inc, through its operation of The Anchorage, a year-round Christian camp and conference center, has a significant impact on spreading the Gospel of Jesus Christ, fostering strong Christian character, and encouraging individuals to engage in Christian service. The organization offers a unique lakefront camping experience with activities such as swimming, boating, water skiing, fishing, gym activities, and personal and group Bible study. By providing these opportunities for spiritual growth and fellowship, Gospel Enterprises Inc plays a vital role in nurturing the faith and values of individuals who participate in its programs.
This information is meant to be a general summary of Gospel Enterprises 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.
- Investment Income: $47
- Program Service Revenue: $529,226
- Gross Receipts: $827,977
Assets and Liabilities:
- Total Assets: $855,361
- Total Liabilities: $399
- Net Assets: $854,962
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CAMP PROGRAM FEES
Revenue
$302,717
CAMP STORE SALES
Revenue
$66,541
LOCAL PROGRAMS
Revenue
$19,616
TOURNAMENTS
Revenue
$26,394
SPECIAL PROGRAMS
Revenue
$113,958
Organization Details
Founding Year
1975
Principal Officer
David Ulrich
Main Address
P O BOX 126, LAKE WACCAMAW, NC, 28450
NTEE Category
Code: X21Z - Religion related
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