Overview
What is Fundamental Baptist World-Wide Mission Inc?
Fundamental Baptist World-Wide Mission Inc, headquartered in Memphis, Tennessee, is a nonprofit organization dedicated to supporting missionaries and their projects. They manage financial and regulatory matters for these missionaries, act as a liaison between them and foreign governments, offer training and counseling services, and provide printed materials for their use during their terms of service. Their primary function is to collect and distribute voluntary contributions to various missionaries and projects, both domestically and internationally. They have a small workforce of one individual, focusing on their mission to assist missionaries in various ways.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars
Fundamental Baptist World-Wide Mission Inc received a two-star rating from Charity Navigator, indicating a need for improvement in certain operational areas. While the organization scores well in aspects like board independence and financial accountability, it struggles with its working capital ratio, which is significantly low at 0.07 years. This may raise concerns about the sustainability of its operations in the long term.
The organization demonstrates strong financial integrity, showcasing a high program expense ratio of 97.74%, which highlights its commitment to direct program spending over administrative costs. Additionally, it has effective policies in place, such as conflict of interest and whistleblower policies, contributing to a transparent governance structure. These strengths suggest that the charity is focused on its mission and operational integrity.
However, the low working capital ratio indicates potential liquidity issues that could affect its ability to respond to urgent needs or unforeseen circumstances. Stakeholders may want to monitor the organization closely to ensure it addresses this financial limitation while maintaining its commitment to its programs and services.
This AI summary has been generated from information found on Charity Navigator.
Is Fundamental Baptist World-Wide Mission Inc legitimate?
Fundamental Baptist World-Wide Mission Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fundamental Baptist World-Wide Mission 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: $17,701
For more financial information, click here
What is the mission statement of Fundamental Baptist World-Wide Mission Inc?
Fundamental Baptist World-Wide Mission Inc's mission is centered around providing assistance to missionaries and their projects. This assistance encompasses financial and regulatory matters, serving as a liaison between missionaries and foreign governments, offering training and counseling, and providing printed materials for use during their terms of service. The organization's primary role is to collect and distribute voluntary contributions to these designated missionaries and projects, supporting their work on both domestic and international fields of service.
What is the revenue of Fundamental Baptist World-Wide Mission Inc?
Fundamental Baptist World-Wide Mission Inc's revenue in 2024 was $2,134,247.
Who are the executives of Fundamental Baptist World-Wide Mission Inc and what are their salaries?
The average compensation at Fundamental Baptist World-Wide Mission Inc during 2024 was $17,701. There is 1 employee and 2 volunteers at Fundamental Baptist World-Wide Mission Inc.
Here are 10 key members and their salaries:
- Compensation: $37,533
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Fundamental Baptist World-Wide Mission Inc?
Fundamental Baptist World-Wide Mission Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Fundamental Baptist World-Wide Mission Inc
Fundamental Baptist World-Wide Mission Inc is dedicated to supporting and aiding missionaries and their projects on both domestic and international fields. The organization's mission encompasses four key areas: firstly, it assists missionaries in managing their financial and regulatory matters, ensuring they have the necessary resources to carry out their work effectively. Secondly, Fundamental Baptist World-Wide Mission Inc acts as a liaison between missionaries and foreign governments, facilitating communication and understanding between the two parties. Thirdly, the nonprofit provides training and counseling services to missionaries, equipping them with the necessary skills to navigate the challenges they may face during their terms of service. Lastly, it supports missionaries by providing them with printed materials to use during their missions. The organization's mission is accomplished through the collection and distribution of voluntary contributions to these designated missionaries and projects.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Fundamental Baptist World-Wide Mission Inc has made a significant impact on aiding missionaries and missions projects in financial and regulatory matters, serving as a liaison between missionaries and foreign governments, training and counseling missionaries, and providing printed materials for use during their terms of service. The organization has successfully collected and distributed voluntary contributions to designated missionaries and missions projects, with payments benefiting 37 missionaries and projects both domestically and abroad. By supporting these individuals and initiatives, Fundamental Baptist World-Wide Mission Inc has played a crucial role in advancing religious missions and outreach efforts globally.
This information is meant to be a general summary of Fundamental Baptist World-Wide Mission 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 2024.
- Investment Income: $3,213
- Gross Receipts: $2,134,339
Assets and Liabilities:
- Total Assets: $205,605
- Total Liabilities: $39,627
- Net Assets: $165,978
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1995
Principal Officer
Rev Freeman Weems
NTEE Category
Code: X90 - Religion related
If you are a representative of Fundamental Baptist World-Wide Mission Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.