Overview
What is Reaching Hearts International Inc?
Reaching Hearts International Inc is a nonprofit organization situated in Laurel, Maryland. Its primary focus is on community and missionary outreach, extending its reach beyond the United States to various international locations. The organization fulfills donors' requests to forward their tithes to the Seventh-day Adventist (SDA) conferences. With a small team of one dedicated individual, Reaching Hearts International Inc is committed to making a positive impact globally, providing essential support and services to communities in need.
Official website here: www.reachinghearts.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Star rating (Needs Improvement)
Reaching Hearts International Inc has received a rating of 73%, indicating a need for improvement in several areas of accountability and transparency. The organization is notable for having a fully independent board, which suggests strong governance practices, and an impressive program expense ratio of nearly 98%, indicating that most of its resources are used directly for its programs.
However, the organization faces significant limitations, particularly in transparency. It did not provide financial statements, which is a critical component for assessing financial health and accountability. Additionally, key policies such as conflict of interest and document retention are missing, which can raise concerns about governance practices and oversight.
Despite these concerns, the organization does maintain positive aspects such as a low liabilities to assets ratio, ensuring it isn't heavily burdened by debt. Overall, while Reaching Hearts International Inc demonstrates strengths in program expenditure and board independence, it must address its transparency and governance deficiencies to improve its standing and donor confidence.
This AI summary has been generated from information found on Charity Navigator.
Is Reaching Hearts International Inc legitimate?
Reaching Hearts International Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Reaching Hearts International 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: $9,590
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.reachinghearts.org
What is the mission statement of Reaching Hearts International Inc?
Reaching Hearts International Inc's mission revolves around community and missionary outreach, extending beyond the borders of the United States. Their primary goal is to serve and support communities both domestically and internationally. The organization is committed to this mission, as reflected in their activities and mission statement. Additionally, they forward tithes, as per donor requests, to the Seventh-day Adventist (SDA) conferences. This suggests their dedication to religious and charitable causes. Overall, Reaching Hearts International Inc is an organization that seeks to make a positive impact on communities worldwide through its missionary and outreach efforts.
Official website here: www.reachinghearts.org
Who is the CEO of Reaching Hearts International Inc?
Michael Oxentenko is the President of Reaching Hearts International Inc.
Official website here: www.reachinghearts.org
What is the revenue of Reaching Hearts International Inc?
Reaching Hearts International Inc's revenue in 2022 was $1,063,737.
Official website here: www.reachinghearts.org
Who are the executives of Reaching Hearts International Inc and what are their salaries?
The average compensation at Reaching Hearts International Inc during 2022 was $9,590. There is 1 employee and 50 volunteers at Reaching Hearts International Inc.
Here are 9 key members and their salaries:
- Compensation: $9,590
- Related: $0
- Other: $63,610
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.reachinghearts.org
Where can I find the form 990 for Reaching Hearts International Inc?
Reaching Hearts International Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.reachinghearts.org
Learn more at the official website: www.reachinghearts.org
Mission Statement of Reaching Hearts International Inc
Reaching Hearts International Inc is an organization dedicated to community and missionary outreach, extending its reach both within the United States and beyond its borders. The mission of this nonprofit is centered around its commitment to this outreach, aiming to make a positive impact in various communities domestically and internationally. While the information provided does not detail the specific goals or initiatives of Reaching Hearts International Inc, it is clear that the organization is focused on using its resources to make a difference in the lives of people around the world.
In line with its mission, Reaching Hearts International Inc channels tithes forwarded to Seventh-day Adventist (SDA) conferences as per the requests of its donors. This suggests that the nonprofit may rely on the support of its community to fund its outreach initiatives. However, without further information, it is unclear what specific activities or projects the organization is involved in or how it carries out its mission in practice. Regardless, Reaching Hearts International Inc remains committed to its mission of community and missionary outreach, working to make a positive impact in communities around the world.
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Impact
July, 2024
Reaching Hearts International Inc's impact lies in its community and missionary outreach efforts both domestically and in countries outside the United States. Through their work, they are able to make a tangible difference in the lives of those in need, spreading their message of hope and support to communities far and wide. Their dedication to serving others and sharing their mission is truly inspiring and impactful.
This information is meant to be a general summary of Reaching Hearts International 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: $3,594
- Gross Receipts: $1,063,737
Assets and Liabilities:
- Total Assets: $5,116,782
- Total Liabilities: $54,987
- Net Assets: $5,061,795
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Organization Details
Founding Year
2000
Phone
(301) 549-1889Principal Officer
Michael Oxentenko
Main Address
6100 Brooklyn Bridge Road, Laurel, MD, 207072639
Website
www.reachinghearts.orgNTEE Category
Code: X99 - Religion related
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