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Family First Ministries Inc

Family First 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: 611359735 ✦ Hazard, KY ✦ Designated as a 501(c)(3)

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Overview

What is Family First Ministries Inc?

Family First Ministries Inc is a nonprofit organization committed to assisting underserved individuals in their community. Their primary mission involves providing essential resources, specifically emergency food boxes and clothing, to those in need. By offering these necessities, Family First Ministries Inc strives to make a tangible difference in the lives of those who may be struggling. Their activities are centered around this mission, aiming to alleviate some of the burdens associated with food and clothing insecurity.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 80% (Three-Star out of Four Stars)

Family First Ministries Inc has received an 80% rating from Charity Navigator, indicating a solid level of accountability and financial health. This score is derived entirely from its performance in the Accountability & Finance beacon, reflecting the organization’s commitment to responsible management of its resources.

The organization excels in key areas, showcasing a fully independent board with 100% members and solid governance practices. It has demonstrated strong financial management with no material diversion of assets and a favorable liabilities to assets ratio of 26.79%. Furthermore, the organization allocates all its expenses towards programs, achieving a program expense ratio of 100%.

While the overall rating is commendable, it is based on a single beacon, which means there may be limited insights into other operational aspects, such as impact or effectiveness of programs. Nevertheless, Family First Ministries Inc appears to maintain a robust structure focused on transparency and sound financial practices.


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

Is Family First Ministries Inc legitimate?

Family First Ministries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Family First 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 Family First Ministries Inc?

Family First Ministries Inc's mission is centered around providing essential aid to underserved communities. Specifically, they strive to alleviate hunger and clothing needs by distributing emergency food boxes and clothing. Their activities are geared towards offering immediate relief and assistance, thereby improving the living conditions of those in need.

Who is the CEO of Family First Ministries Inc?

David Lickliter is the Vice President of Family First Ministries Inc.

What is the revenue of Family First Ministries Inc?

Family First Ministries Inc's revenue in 2022 was $705,622.

Who are the executives of Family First Ministries Inc and what are their salaries?


Here are 4 key members and their salaries:


Phillip Mullins (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Merill Doug Collins (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Lickliter (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Cornett (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Family First Ministries Inc?

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

Mission Statement of Family First Ministries Inc

Family First Ministries Inc is committed to providing essential aid to those in need. Their primary mission is to distribute emergency food boxes and clothing to underserved individuals. Through this initiative, they aim to alleviate the hardships faced by these individuals, ensuring they have access to basic necessities. The organization's work is centered around providing food and clothing, offering a vital lifeline to those who require it.

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Impact




July, 2024

Family First Ministries Inc's impact is significant in providing emergency food boxes and clothing to underserved individuals in Hazard, Kentucky. Their mission to provide essential resources to those in need directly addresses food insecurity and lack of proper clothing in the community. Through their efforts, they are making a tangible difference in the lives of individuals facing challenges by ensuring they have access to basic necessities.




This information is meant to be a general summary of Family First 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
$705,622 (2022)
Expenses
$610,119 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $21,122
  • Gross Receipts: $785,500

Assets and Liabilities:

  • Total Assets: $317,470
  • Total Liabilities: $172,296
  • Net Assets: $145,174

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Organization Details

Founding Year

1998

Principal Officer

David Lickliter

Main Address

PO BOX 477, HAZARD, KY, 41702

NTEE Category

Code: P20 - Human services

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