Overview
What is Sweetwater Area Ministries Inc?
Sweetwater Area Ministries Inc is a nonprofit organization situated in Sweetwater, Tennessee, specifically at 601 Sweetwater Vonore Road. Their mission is centered around leveraging the resources of their community to cater to the needs of the Sweetwater community more effectively. With a team of 17 dedicated individuals, they aim to foster a sense of unity and cooperation among local resources to provide better support for the community. The specific activities and services provided by Sweetwater Area Ministries Inc are not detailed in the information provided, but their overarching goal is to improve the well-being of their community through collective efforts.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement, Overall Score: 67%)
Sweetwater Area Ministries Inc has received a two-star rating from Charity Navigator, indicating that the organization needs improvement in certain areas. While it has a respectable program expense ratio of 88.04%, demonstrating that the majority of its expenses are directed towards its programs, the lack of independent board members and missing governance policies raise concerns about accountability and oversight.
The organization scored well in financial statements and oversight, with no material diversion of assets reported. However, significant weaknesses were noted, such as the absence of a conflict of interest policy, whistleblower policy, and adequate board independence, all of which are critical for maintaining transparency and trust. Additionally, the omission of the nonprofit's website on tax forms and the failure to publish its tax form on its website suggest a need for better communication and accountability.
Overall, while Sweetwater Area Ministries Inc shows strengths in program spending, its governance practices require significant enhancement to improve its rating and foster public confidence. Addressing the identified deficiencies could help the organization strengthen its overall impact and sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Sweetwater Area Ministries Inc legitimate?
Sweetwater Area Ministries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sweetwater Area 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: $248,660
For more financial information, click here
What is the mission statement of Sweetwater Area Ministries Inc?
Sweetwater Area Ministries Inc's mission is centered around bringing together the resources of the community to better serve the needs of its population. They strive to act as a unifying force, leveraging community resources to address the various needs within the community. This organization is committed to improving the lives of its community members by providing essential support and resources. By working collaboratively, Sweetwater Area Ministries Inc aims to create a more supportive and resilient community. Their activities are geared towards addressing the diverse needs of the community, ensuring that no individual is left behind.
Who is the CEO of Sweetwater Area Ministries Inc?
Unavailable
What is the revenue of Sweetwater Area Ministries Inc?
Sweetwater Area Ministries Inc's revenue in 2022 was $582,837.
Who are the executives of Sweetwater Area Ministries Inc and what are their salaries?
The average compensation at Sweetwater Area Ministries Inc during 2022 was $14,627. There are 17 employees at Sweetwater Area Ministries Inc.
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Where can I find the form 990 for Sweetwater Area Ministries Inc?
Sweetwater Area Ministries Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Sweetwater Area Ministries Inc
Sweetwater Area Ministries is committed to bringing together the resources of the community to better serve the needs of its residents. Their mission is to act as a bridge, leveraging the collective strength and assets of the community to address the various challenges and needs that arise within it. By coordinating and mobilizing resources, Sweetwater Area Ministries strives to improve the well-being and quality of life for the people of Sweetwater. Through their efforts, they aim to create a more supportive and inclusive community where everyone has access to the resources they need to thrive.
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Impact
July, 2024
Sweetwater Area Ministries Inc plays a crucial role in improving the welfare of the Sweetwater community by bringing together the resources of the community to better serve the needs of its residents. They are dedicated to addressing the human services needs of the community and working towards enhancing the overall well-being of Sweetwater. Through their efforts, they have made a meaningful impact in providing support and assistance to those in need within the Sweetwater area.
This information is meant to be a general summary of Sweetwater Area 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $46
- Gross Receipts: $582,837
Assets and Liabilities:
- Total Assets: $712,181
- Total Liabilities: $70,760
- Net Assets: $641,421
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Organization Details
Founding Year
1997
Main Address
601 SWEETWATER VONORE RD, Sweetwater, TN, 37874
NTEE Category
Code: P20Z - Human services
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