Overview
What is Businessmens Bible Class Gift Scholarship Fund Inc?
Businessmens Bible Class Gift Scholarship Fund Inc is a nonprofit organization committed to providing scholarships to students and aiding in church missions. Their primary objectives include offering financial assistance and scholarships to individuals in need and supporting various church-related missions. Additionally, the organization extends its reach to providing benevolence and support for religious activities, such as Bible Classes. Furthermore, they are involved in international missions, specifically in India, demonstrating their dedication to global impact.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 53%, One-Star out of Four Star rating. This score reflects significant concerns regarding the Businessmens Bible Class Gift Scholarship Fund Inc's accountability and financial practices. The charity is evaluated based on a single beacon score, and the lack of independent board members and missing essential governance policies have contributed to its low rating.
The organization scored particularly well in its program expense ratio, indicating that a substantial majority of its funds are directed toward programs rather than administrative costs. However, the absence of independent board members and critical governance documents, such as a conflict of interest policy and a whistleblower policy, raises concerns about transparency and oversight.
Overall, while the charity has been effective in channeling funds toward its programs, it is recommended that potential donors consider the governance issues highlighted in the rating. Addressing these shortcomings could enhance the organization's transparency and sustainability moving forward.
This AI summary has been generated from information found on Charity Navigator.
Is Businessmens Bible Class Gift Scholarship Fund Inc legitimate?
Businessmens Bible Class Gift Scholarship Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Businessmens Bible Class Gift Scholarship Fund 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 Businessmens Bible Class Gift Scholarship Fund Inc?
The Businessmens Bible Class Gift Scholarship Fund Inc's mission is primarily focused on providing scholarships to students and aiding in church missions. This organization provides assistance and scholarships to individuals in need, with a strong emphasis on both academic support and church-related activities. Additionally, the fund is involved in various missions, including providing relief when necessary. In summary, the primary goal of Businessmens Bible Class Gift Scholarship Fund Inc is to support the education of students and contribute to the mission of churches through scholarships and other forms of aid.
Who is the CEO of Businessmens Bible Class Gift Scholarship Fund Inc?
Shelton Prince is the Chairman of Businessmens Bible Class Gift Scholarship Fund Inc.
What is the revenue of Businessmens Bible Class Gift Scholarship Fund Inc?
Businessmens Bible Class Gift Scholarship Fund Inc's revenue in 2022 was $8,762.
Who are the executives of Businessmens Bible Class Gift Scholarship Fund Inc and what are their salaries?
Here are 6 key members and their salaries:
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Where can I find the form 990 for Businessmens Bible Class Gift Scholarship Fund Inc?
Businessmens Bible Class Gift Scholarship Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Businessmens Bible Class Gift Scholarship Fund Inc
The Businessmen's Bible Class Gift Scholarship Fund Inc is committed to a mission that encompasses two main objectives. Primarily, the organization provides scholarships to students, aiming to support their educational pursuits. Beyond scholarships, this nonprofit also extends its support to church missions, contributing to various initiatives and projects. The fund's activities are not limited to financial aid; it also offers benevolence and assists individuals in need, demonstrating a holistic approach to its mission. Moreover, the Businessmen's Bible Class Gift Scholarship Fund Inc includes support for Bible Class and international missions, such as those in India, further expanding its scope and impact. In essence, this nonprofit is dedicated to uplifting students and contributing to the success of church missions, both domestically and internationally.
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Impact
August, 2024
Businessmen's Bible Class Gift Scholarship Fund Inc has made a significant impact by providing scholarships to students and supporting church missions. Through their work, they have been able to support individuals in pursuing their education and contribute to various church missions. The scholarships and assistance provided by this organization have helped in making a positive difference in the lives of many individuals, giving them the opportunity to achieve their academic goals and further contribute to their communities. Additionally, the support towards church missions has helped in spreading religious teachings and providing relief to those in need. Overall, the impact of Businessmen's Bible Class Gift Scholarship Fund Inc has been profound in promoting education, supporting church missions, and fostering benevolence in the community.
This information is meant to be a general summary of Businessmens Bible Class Gift Scholarship Fund 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: $8,262
- Gross Receipts: $8,762
Assets and Liabilities:
- Total Assets: $510,797
- Total Liabilities: $0
- Net Assets: $510,797
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Organization Details
Phone
(770) 634-9299Principal Officer
Shelton Prince
Main Address
2355 FARM BELL LANE, LAWRENCEVILLE, GA, 30044
NTEE Category
Code: X99 - Religion related
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