Overview
What is Living Faith World Ministries?
Living Faith World Ministries is a nonprofit organization situated in Daytona Beach, Florida. With a specific focus on the holy Bible, they provide a space for congregation and instruction of its principles. Their primary mission revolves around bringing together individuals to learn and understand the teachings within this sacred text.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 56%, One-Star out of Four Star rating.
Living Faith World Ministries has received a low rating of 56% from Charity Navigator, indicating areas of concern in both accountability and financial practices. The organization lacks independent board members and has not submitted financial statements, which contributes to its overall low score. However, it does have a positive aspect in that it shows no material diversion of assets and maintains a strong program expense ratio of 100%, suggesting that all of its expenses are directed toward its programs.
The absence of critical governance documents such as a whistleblower policy and proper documentation on its website raises red flags regarding transparency. Additionally, the organization's failure to meet basic accountability standards, such as posting its tax form online and having an independent board, limits its credibility and potential for donor trust.
While Living Faith World Ministries appears to be effectively using its funds for its programs, the lack of independent oversight and accountability measures may deter potential supporters who prioritize transparency and governance in their charitable contributions.
This AI summary has been generated from information found on Charity Navigator.
Is Living Faith World Ministries legitimate?
Living Faith World Ministries is a legitimate nonprofit organization registered as a 501(c)(3) entity. Living Faith World Ministries 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:
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What is the mission statement of Living Faith World Ministries?
Living Faith World Ministries is dedicated to serving as a gathering place, where individuals can learn and explore the principles enshrined in the Holy Bible. The ministry's mission is centered around educating its community about the teachings found within sacred scriptures. By providing a conducive environment, Living Faith World Ministries fosters a deeper understanding of these principles, aiming to inspire and guide its members.
Who is the CEO of Living Faith World Ministries?
Tony Barhoo is the President of Living Faith World Ministries.
What is the revenue of Living Faith World Ministries?
Living Faith World Ministries's revenue in 2022 was $657,395.
Who are the executives of Living Faith World Ministries 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 Living Faith World Ministries?
Living Faith World Ministries's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Living Faith World Ministries
Living Faith World Ministries serves as a gathering place, fostering an environment where the teachings within the Holy Bible are explored and shared. Their mission is centered around congregating individuals and delving into the fundamental principles enshrined within this sacred text. By providing a platform for spiritual learning and fellowship, Living Faith World Ministries aims to enrich the lives of its members, fostering a deeper understanding and appreciation of the Bible's teachings.
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Impact
July, 2024
Living Faith World Ministries provides a place for individuals to congregate and learn the principles found in the Holy Bible. Through its activities and teachings, this organization impacts the community by fostering spiritual growth, building a sense of community among believers, and promoting values rooted in the Christian faith. Located in Daytona Beach, Florida, Living Faith World Ministries plays a significant role in offering religious education and support to its members, contributing to the spiritual well-being of its attendees and the broader community.
This information is meant to be a general summary of Living Faith World Ministries. 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.
- Gross Receipts: $657,395
Assets and Liabilities:
- Total Assets: $4,153,757
- Total Liabilities: $0
- Net Assets: $4,153,757
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Organization Details
Founding Year
1999
Principal Officer
Tony Barhoo
Main Address
950 DERBYSHIRE ROAD, DAYTONA BEACH, FL, 32117
NTEE Category
Code: X20 - Religion related
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