Overview
What is New Providence Church Fndn Inc?
New Providence Church Foundation Inc is a nonprofit organization committed to supporting religious activities. They accomplish this by establishing restricted funds to finance Church functions and scholarship funds to aid seminary students. The foundation's mission is to contribute to the religious community by providing financial assistance for Church operations and educating future religious leaders. The organization's activities are centered around these two objectives, ensuring the continuity of religious activities and the nurturing of future spiritual leaders.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two Stars (73%)
New Providence Church Foundation Inc has received a Two-Star out of Four Star rating from Charity Navigator, indicating that it needs improvement. The overall score is primarily based on accountability and finance, where it earned a perfect score of 100%. The organization boasts a fully independent board, with all ten members being independent, and shows no material diversion of assets, which is a positive sign for governance.
Despite these strengths, the organization has significant weaknesses in transparency and governance policies. It has been scored poorly for not having critical documents such as a conflict of interest policy, whistleblower policy, and a document retention policy in place, which were all missing. Additionally, vital information such as the tax form was not posted on the nonprofit's website, further detracting from its overall rating.
While the program expense ratio is high at 99.33%, indicating that nearly all resources are directed towards programs, the lack of transparency and governance policies raises concerns about overall organizational health. Addressing these gaps would be essential for improving the nonprofit's rating and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is New Providence Church Fndn Inc legitimate?
New Providence Church Fndn Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Providence Church Fndn 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 New Providence Church Fndn Inc?
New Providence Church Foundation Inc's mission is centered around supporting religious activities. This is achieved by establishing restricted funds to aid in the functioning of churches and providing scholarships to assist students pursuing studies at seminaries. By doing so, the foundation contributes to the religious community and the education of future religious leaders.
Who is the CEO of New Providence Church Fndn Inc?
Donald Hodges is the Secretary of New Providence Church Fndn Inc.
What is the revenue of New Providence Church Fndn Inc?
New Providence Church Fndn Inc's revenue in 2022 was $12,552.
Who are the executives of New Providence Church Fndn Inc and what are their salaries?
Here are 4 key members and their salaries:
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Where can I find the form 990 for New Providence Church Fndn Inc?
New Providence Church Fndn Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of New Providence Church Fndn Inc
New Providence Church Foundation, as an organization, is committed to supporting religious activities. They accomplish this mission by establishing restricted funds, which are specifically intended to aid in the functioning of churches. Additionally, the foundation establishes scholarship funds to assist students pursuing studies at seminaries. This dual approach allows New Providence Church Foundation to contribute to both the spiritual and educational needs of the community. By providing financial support to churches and seminary students, the foundation plays a significant role in supporting religious activities and nurturing future religious leaders.
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Impact
October, 2024
New Providence Church Foundation Inc. plays a significant role in enhancing religious activities within the community by establishing restricted funds aimed at supporting church functions. This financial support enables various church activities to thrive, fostering a vibrant spiritual environment for the congregation.
In addition to supporting church functions, the foundation also focuses on education within the religious community by creating scholarship funds for seminary students. This initiative empowers aspiring ministers and religious leaders by alleviating some of the financial burdens associated with their education, ensuring a more accessible path to service and leadership in the church.
Overall, the foundation's efforts contribute to a stronger religious community in Maryville, TN, by promoting active participation in church life and encouraging the growth of future leaders in the faith.
This information is meant to be a general summary of New Providence Church Fndn 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: $12,552
- Gross Receipts: $12,552
Assets and Liabilities:
- Total Assets: $1,168,491
- Total Liabilities: $0
- Net Assets: $1,168,491
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Organization Details
Founding Year
1991
Phone
(865) 983-0182Principal Officer
Donald Hodges
Main Address
703 WEST BROADWAY, MARYVILLE, TN, 37802
NTEE Category
Code: X11 - Religion related
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