Overview
What is Christian Ministries Inc?
Christian Ministries Inc, established in Pensacola, Florida, is a nonprofit organization with a primary mission to foster the growth of ministries dedicated to spreading the teachings of Jesus Christ. Emphasizing on Christian education, they serve various Christian ministries and individuals in their pursuit of this goal. With a limited workforce of one employee, they strive to make a significant impact in promoting and supporting these ministries.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 52%, One-Star out of Four Star rating
Christian Ministries Inc has received a low accountability and finance score of 52%, indicating significant areas for improvement in financial transparency and management practices. While the organization boasts a fully independent board of directors, which is a positive aspect, it lacks essential financial statements and several important policies such as conflict of interest and whistleblower protections. This raises concerns about the nonprofit's governance and operational integrity.
Despite these issues, the organization has a commendable program expense ratio of 86%, suggesting that a large portion of its budget is directed towards programs rather than administrative costs. However, the liabilities to assets ratio of 130.72% signals a potentially precarious financial situation, as it indicates that the organization has more liabilities than assets. This could pose a risk to its long-term sustainability.
Overall, while Christian Ministries Inc demonstrates strong governance features with an independent board, its lack of transparency in financial reporting and missing key policies hinder its overall performance rating. Stakeholders may want to consider these factors when evaluating the organization's effectiveness and long-term viability.
This AI summary has been generated from information found on Charity Navigator.
Is Christian Ministries Inc legitimate?
Christian Ministries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Christian 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: $79,226
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Christian Ministries Inc?
Christian Ministries Inc's mission is centered around serving Christian ministries and individuals in their pursuit of a Christian education. Their primary objective is to foster the growth of ministries that are dedicated to spreading the Gospel of Jesus Christ. In doing so, they aim to support these ministries and individuals in their educational journey, contributing to the wider spread of Christian teachings. The organization's activities are geared towards serving this purpose, providing resources and opportunities for growth in the Christian education sphere.
Who is the CEO of Christian Ministries Inc?
J Nixon Daniel is the President of Christian Ministries Inc.
What is the revenue of Christian Ministries Inc?
Christian Ministries Inc's revenue in 2022 was $504,325.
Who are the executives of Christian Ministries Inc and what are their salaries?
The average compensation at Christian Ministries Inc during 2022 was $79,226. There is 1 employee and 3200 volunteers at Christian Ministries Inc.
Here are 9 key members and their salaries:
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- Compensation: $79,226
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Where can I find the form 990 for Christian Ministries Inc?
Christian Ministries Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Christian Ministries Inc
Christian Ministries Inc is committed to serving Christian ministries and individuals in their pursuit of a Christian education. Its mission is to foster the growth of ministries dedicated to spreading the gospel of Jesus Christ. In essence, the organization seeks to support and nurture religious communities and individuals who share a common goal of promoting Christian teachings. By doing so, Christian Ministries Inc plays a crucial role in the wider Christian community, assisting in the spread of faith and education.
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Impact
July, 2024
Christian Ministries Inc has a significant impact in the city of Pensacola, Florida by serving Christian ministries and individuals in their pursuit of a Christian education. By fostering the growth of ministries dedicated to spreading the Gospel of Jesus Christ, Christian Ministries Inc plays a crucial role in promoting religious education and spiritual development within the community. Their focus on housing indicates a commitment to providing essential support and resources to those in need, furthering their impact on the lives of individuals and organizations dedicated to Christian service.
This information is meant to be a general summary of Christian 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.
- Investment Income: -$922
- Program Service Revenue: $320,135
- Gross Receipts: $765,629
Assets and Liabilities:
- Total Assets: $1,200,740
- Total Liabilities: $1,569,780
- Net Assets: -$369,040
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTS
Revenue
$268,960
INTEREST REDUCTION SUB
Revenue
$43,309
MISCELLANEOUS INCOME
Revenue
$7,866
Organization Details
Founding Year
1989
Phone
(850) 608-6153Principal Officer
J Nixon Daniel
Main Address
501 COMMENDENCIA STREET, PENSACOLA, FL, 32502
NTEE Category
Code: L22 - Housing
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