Overview
What is 1040 Connections Inc?
1040 Connections Inc is a nonprofit organization situated in Chattanooga, Tennessee. Their primary mission is to spread hope to underprivileged populations, enabling them to learn about and experience the Good News of Jesus Christ. They achieve this goal by uniting the Christian community, equipping believers, and engaging with the least reached people groups. As part of their initiatives, they organized 36 seminars in various Indian states, impacting over 1,370 leaders through their UMMEED project. Furthermore, their literacy programs in another nation assisted over 120 individuals in learning to read and write. The organization's work is grounded in the belief that Jesus Christ has the power to cleanse hearts and transform lives, offering forgiveness to individuals seeking it. Their team consists of five dedicated employees.
Official website here: www.1040connections.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
1040 Connections Inc has achieved an impressive Four-Star rating from Charity Navigator with a score of 96%. This high rating indicates a strong commitment to accountability and financial transparency, which is crucial for building trust with donors and stakeholders. The charity demonstrates exemplary practices, receiving top marks in various categories, especially in its oversight and governance systems.
The organization boasts a majority of independent board members, ensuring unbiased decision-making, and has established comprehensive policies for conflict of interest and whistleblower protection. Additionally, its program expense ratio of 79.68% signifies that a significant portion of donations is directed towards its mission-related activities rather than administrative costs, reflecting its effective allocation of resources.
While the data showcases numerous strengths, it is essential for potential donors to stay informed about the organization's ongoing operations and impact. Overall, 1040 Connections Inc appears to be a well-managed nonprofit that prioritizes accountability and effective use of funds.
This AI summary has been generated from information found on Charity Navigator.
Is 1040 Connections Inc legitimate?
1040 Connections Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. 1040 Connections 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: $152,930
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,294
For more financial information, click here
Official website here: www.1040connections.org
What is the mission statement of 1040 Connections Inc?
1040 Connections Inc's mission is centered around extending hope to unreached populations, enabling them to hear, experience, and spread the good news of Jesus. They achieve this by fostering connections within the Christian community, equipping believers, and engaging with the least reached. Through initiatives like the Ummeed Project, they have developed over a thousand leaders, and literacy programs have helped over a hundred individuals learn to read and write in another nation. For those seeking spiritual growth, 1040 Connections offers insights into understanding how to purify one's heart and live a virtuous life, emphasizing that Jesus Christ is the key to overcoming sin and fear.
Official website here: www.1040connections.org
Who is the CEO of 1040 Connections Inc?
Leslie Segraves is the President of 1040 Connections Inc.
Official website here: www.1040connections.org
What is the revenue of 1040 Connections Inc?
1040 Connections Inc's revenue in 2022 was $1,447,766.
Official website here: www.1040connections.org
Who are the executives of 1040 Connections Inc and what are their salaries?
The average compensation at 1040 Connections Inc during 2022 was $31,245. There are 5 employees and 25 volunteers at 1040 Connections Inc.
Here are 8 key members and their salaries:
- Compensation: $68,300
- Related: $0
- Other: $1,461
- Compensation: $54,040
- Related: $0
- Other: $733
- Compensation: $30,590
- 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
Official website here: www.1040connections.org
Where can I find the form 990 for 1040 Connections Inc?
1040 Connections Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.1040connections.org
Learn more at the official website: www.1040connections.org
Mission Statement of 1040 Connections Inc
1040 Connections Inc exists with a mission to bring hope to unreachable communities, enabling them to hear, experience, and spread the good news of Jesus. They achieve this by bridging the gap between the global body of Christ, equipping believers, and engaging with the least reached populations. The organization's activities are centered around connecting the faith community, providing practical theological instruction, and engaging with the most isolated communities.
Through their UMMEED project, 1040 Connections has developed over 1,370 leaders by conducting seminars across various states in India. In another nation, their literacy programs have aided more than 120 individuals in learning to read and write, demonstrating the organization's commitment to empowering individuals and communities. The organization also offers resources and guidance for individuals seeking to understand the concept of having a clean heart, going beyond good deeds and pleasing God. They believe that Jesus Christ offers the unique ability to make this possible, having lived a perfect life and paying the penalty for wrongdoings through his death on the cross. The resurrection of Jesus serves as a testament to his power over death and the freedom from fear that he offers through forgiveness.
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Impact
July, 2024
1040 Connections Inc impacts communities by casting hope to unreached peoples, allowing them to hear, experience, and multiply the good news of Jesus. Through developing leaders and providing relevant theological instruction, 1040 Connections impacts the whole person and community. Their Ummeed project has successfully developed 1,370 leaders through seminars in multiple states of India and has helped over 120 people learn to read and write through literacy programs in another nation. By sharing the message of Jesus Christ and offering forgiveness and hope, 1040 Connections Inc brings about positive transformation in individuals and communities.
This information is meant to be a general summary of 1040 Connections 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
- Gross Receipts: $1,451,900
Assets and Liabilities:
- Total Assets: $2,128,476
- Total Liabilities: $7,519
- Net Assets: $2,120,957
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Organization Details
Founding Year
2000
Principal Officer
Leslie Segraves
Main Address
2120 NORTHGATE PARK LANE STE 400, CHATTANOOGA, TN, 37415
Website
www.1040connections.orgNTEE Category
Code: X20 - Religion related
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