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Faith International Ministries Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 593224880 ✦ Pensacola, FL ✦ Designated as a 501(c)(3)

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Overview

What is Faith International Ministries Inc?

Faith International Ministries Inc, situated in Pensacola, Florida, is a Christian-focused nonprofit organization. While the specifics of their mission are outlined in an attached document, the information provided suggests that they are dedicated to serving their community through charitable activities. The organization's purpose and objectives are detailed in the attached file. However, due to the limited data available, I cannot provide a more detailed summary of their mission or activities.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 30%

Faith International Ministries Inc has received a 30% score, resulting in a Zero-Star out of Four Star rating. This indicates significant concerns regarding the organization's accountability and financial health. The low score reflects deficiencies in several key areas, including a lack of independent board size and missing important policies such as conflict of interest, whistleblower, and document retention policies.

Despite having a majority of independent board members and a good score for documenting board meeting minutes, the organization struggles with transparency. It has also failed to list its website on its tax form and does not provide access to its tax documentation online, which raises questions about financial disclosure practices. The program expense ratio is notably low at 43.99%, suggesting limited funds are directed towards program activities.

While there are positive aspects such as material diversion of assets being rated well, the overall financial health and governance practices appear weak. Without improvements in transparency and accountability, potential donors may be hesitant to support the organization.


This AI summary has been generated from information found on Charity Navigator.

Is Faith International Ministries Inc legitimate?

Faith International Ministries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Faith International 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Faith International Ministries Inc?

Faith International Ministries Inc., as a Christian nonprofit organization, has a mission that is detailed in an attachment. While I cannot provide the specifics without the attachment, I can say that the mission of Faith International Ministries Inc. is focused on certain objectives, as indicated in the provided information. The organization seems to be committed to pursuing its mission, although the exact nature of this mission remains undisclosed.

Who is the CEO of Faith International Ministries Inc?

Larry N Forney is the President And Director of Faith International Ministries Inc.

What is the revenue of Faith International Ministries Inc?

Faith International Ministries Inc's revenue in 2022 was $66,901.

Who are the executives of Faith International Ministries Inc and what are their salaries?

There 5 volunteers at Faith International Ministries Inc.


Here are 2 key members and their salaries:


Larry Forney (President And Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Raymond E Stephenson (Secretary And Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Faith International Ministries Inc?

Faith International Ministries Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Faith International Ministries Inc

Faith International Ministries is a Christian nonprofit organization that operates with a specific mission statement, as outlined in the provided information. The organization does not disclose its mission directly, instead suggesting to refer to an attachment for further details. However, based on the given context, it can be inferred that Faith International Ministries is a religious organization committed to a purpose that is not explicitly stated. As a Christian nonprofit, it likely focuses on spreading spiritual messages, providing community support, or engaging in charitable activities aligned with its Christian beliefs. The absence of explicit mission details allows for a wide range of interpretations, making it challenging to provide a more precise summary.

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Impact




August, 2024

Faith International Ministries Inc has a significant impact on the community through its various activities and programs detailed in "Attachment #1." The organization's mission, centered around its Christian beliefs, reaches individuals and families in Pensacola, FL, providing support, guidance, and resources to those in need. Faith International Ministries Inc's efforts contribute to the spiritual growth and well-being of the community, making a positive difference in the lives of many.




This information is meant to be a general summary of Faith International 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.

Revenue
$66,901 (2022)
Expenses
$75,071 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $66,901

Assets and Liabilities:

  • Total Assets: $277,273
  • Total Liabilities: $174,631
  • Net Assets: $102,642

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

OTHERS

Organization Details

Founding Year

1994

Principal Officer

Larry N Forney

Main Address

PO BOX 17122, PENSACOLA, FL, 325227122

NTEE Category

Code: X21Z - Religion related

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