Overview
What is Baptist Women In Ministry Inc?
Baptist Women in Ministry Inc is a significant nonprofit organization that plays a catalytic role in the Baptist community. Their mission is to stimulate growth and development within this sphere. Notable achievements for 2022/2023 include finalizing a strategic planning process, which resulted in a fresh vision, mission statement, a conceptual framework, core values, and strategic objectives to steer the organization for the subsequent three years.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 71%)
Baptist Women In Ministry Inc receives a two-star rating from Charity Navigator, indicating that it requires improvement in certain operational areas. With an overall score of 71%, the organization demonstrates strengths in areas such as having a fully independent board and a solid program expense ratio of 88.49%, which suggests that a significant portion of their resources is directed toward their mission-related activities.
However, the nonprofit faces notable weaknesses, particularly in financial transparency, as it has not provided any financial statements. Additionally, it lacks a whistleblower policy and a document retention and destruction policy, which may raise concerns regarding governance and accountability. These factors contribute to the organization's overall rating and suggest areas for potential enhancement to improve stakeholder trust and support.
This AI summary has been generated from information found on Charity Navigator.
Is Baptist Women In Ministry Inc legitimate?
Baptist Women In Ministry Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Baptist Women In Ministry 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: $126,149
Professional Fundraising Fees: $0
Other Salaries and Wages: $114,117
For more financial information, click here
What is the mission statement of Baptist Women In Ministry Inc?
Baptist Women in Ministry Inc serves as a driving force in Baptist communities, acting as a catalyst. The organization recently completed a strategic planning process, resulting in a new mission statement. Their mission now is to stimulate growth and development in Baptist life. The strategic planning process also led to the establishment of a new vision, theory of change, organizational values, and strategic goals, which will guide the organization for the next three years.
Who is the CEO of Baptist Women In Ministry Inc?
Meredith Stone is the Executive Di of Baptist Women In Ministry Inc.
What is the revenue of Baptist Women In Ministry Inc?
Baptist Women In Ministry Inc's revenue in 2023 was $574,456.
Who are the executives of Baptist Women In Ministry Inc and what are their salaries?
The average compensation at Baptist Women In Ministry Inc during 2023 was $34,324. There are 7 employees and 9 volunteers at Baptist Women In Ministry Inc.
Here are 10 key members and their salaries:
- Compensation: $66,293
- Related: $0
- Other: $59,856
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- Other: $0
Where can I find the form 990 for Baptist Women In Ministry Inc?
Baptist Women In Ministry Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Baptist Women In Ministry Inc
Baptist Women In Ministry serves as a driving force in Baptist communities, striving to catalyze growth and development. As part of its mission, the organization completed a strategic planning process in 2022/2023, resulting in a new vision, mission statement, theory of change, organizational values, and strategic goals. These elements will guide Baptist Women In Ministry for the next three years, aiming to shape its role and impact within Baptist life. The new mission statement emphasizes Baptist Women In Ministry's role as a catalyst, working towards fostering change and growth within Baptist communities.
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Impact
July, 2024
Baptist Women in Ministry serves as a catalyst in Baptist life, impacting the community by empowering and supporting women in their ministries. Their strategic planning process in 2022/2023 resulted in a new vision, mission statement, theory of change, organizational values, and strategic goals to guide the organization for the next three years. These efforts have helped strengthen the organization and its ability to advocate for gender equality and inclusion within the Baptist community.
This information is meant to be a general summary of Baptist Women In Ministry 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 2023.
- Investment Income: $4,993
- Gross Receipts: $574,456
Assets and Liabilities:
- Total Assets: $472,482
- Total Liabilities: $0
- Net Assets: $472,482
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Organization Details
Founding Year
1991
Principal Officer
Meredith Stone
Main Address
PO BOX 7458, WACO, TX, 76714
NTEE Category
Code: X20 - Religion related
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