Overview
What is Antioch Ministries Inc?
Antioch Ministries Inc, based in Augusta, Georgia, serves as a community development organization with a focus on housing. They specialize in the FSRP program, which aims to provide decent and affordable housing for families and individuals falling under the low-income to moderate-income bracket. This includes families who are HUD-designated Section 8 entitled persons. Their mission is to revitalize neighborhoods within HUD-designated low-income census tracts, contributing to the overall betterment of the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Zero-Star out of Four Star rating. Overall score: 31%.
Antioch Ministries Inc has received a concerning zero-star rating from Charity Navigator, indicating significant issues regarding its accountability and financial practices. The organization's overall score stands at just 31%, reflecting inadequate transparency in its financial reporting and governance. Notably, while it boasts a fully independent board, the absence of essential financial statements and key policies such as conflict of interest and whistleblower protections severely undermines its credibility.
The organization's financial health is also in question, with a program expense ratio of only 8.13%, suggesting that a minimal portion of resources is being directed towards its mission-driven activities. Furthermore, its liabilities to assets ratio of 29.39% raises alarms about potential financial instability. Although the organization maintains proper documentation for board meeting minutes and has a document retention policy, these strengths are overshadowed by the lack of transparency in reporting its financial activities.
Overall, Antioch Ministries Inc's performance raises significant concerns for potential donors and stakeholders. The gaps in governance and financial documentation, coupled with low program spending, suggest that the organization may not be effectively fulfilling its charitable mission. Potential supporters are urged to consider these factors carefully before engaging with or contributing to the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Antioch Ministries Inc legitimate?
Antioch Ministries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Antioch 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: $84,913
Professional Fundraising Fees: $0
Other Salaries and Wages: $49,140
For more financial information, click here
What is the mission statement of Antioch Ministries Inc?
Antioch Ministries Inc's mission is centered around providing decent and affordable housing for families with low to moderate income levels. They accomplish this through neighborhood development projects within areas designated as low-income census tracks by the HUD. Their community development program, known as the Family Self-Sufficiency Program (FSRP), is specifically designed to offer such housing to HUD-designated Section 8 entitled individuals and families. Their primary aim is to contribute to the improvement of living conditions for these families, promoting a sense of community and stability.
Who is the CEO of Antioch Ministries Inc?
Reverend Kenneth Martin is the Principal Officer of Antioch Ministries Inc.
What is the revenue of Antioch Ministries Inc?
Antioch Ministries Inc's revenue in 2022 was $571,040.
Who are the executives of Antioch Ministries Inc and what are their salaries?
Here are 2 key members and their salaries:
- Compensation: $79,999
- Related: $0
- Other: $0
- Compensation: $4,914
- Related: $0
- Other: $0
Where can I find the form 990 for Antioch Ministries Inc?
Antioch Ministries Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Antioch Ministries Inc
Antioch Ministries Inc, a community-focused organization, is committed to providing decent and affordable housing for families with low and moderate incomes. They achieve this goal through neighborhood development projects within HUD-designated low-income census tracts. By undertaking these housing projects, Antioch Ministries Inc contributes to the creation of sustainable and livable communities for these families, ensuring that they have access to suitable housing options that fit their financial circumstances. Their mission is to bridge the housing gap within their community, offering a range of housing solutions to HUD-designated Section 8 entitled individuals and families.
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Impact
July, 2024
Antioch Ministries Inc's impact is evident in their mission to provide decent and affordable housing for low-income and moderate-income families through neighborhood development projects within HUD-designated low-income census tracks. Their community development program focuses on creating housing and neighborhood development projects that benefit individuals and families in need. By offering affordable housing options and support services, Antioch Ministries Inc positively impacts the lives of those in their community, particularly HUD-designated Section 8 entitled individuals and families. Their work contributes to the overall improvement of living conditions and the well-being of residents in Augusta, GA.
This information is meant to be a general summary of Antioch 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: $490,495
- Gross Receipts: $571,040
Assets and Liabilities:
- Total Assets: $1,069,866
- Total Liabilities: $314,481
- Net Assets: $755,385
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOW INCOME HOUSING DEVELOPMENT
Revenue
$490,495
Organization Details
Founding Year
1997
Phone
(706) 724-0995Principal Officer
Reverend Kenneth Martin
Main Address
PO BOX 1565, AUGUSTA, GA, 30913
NTEE Category
Code: K31 - Food
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