Overview
What is The Foundry Ministries Inc?
The Foundry Ministries Inc is a nonprofit organization located in Bessemer, Alabama. With a mission to restore hope and rebuild the lives of the addicted and destitute, the organization operates a Christ-centered rescue mission and long-term addiction recovery center. They provide shelter, food, and clothing to homeless men and women, housing over 300 individuals. In addition to these services, The Foundry Ministries Inc offers various community outreach programs such as food distribution and medical care, aiming to support those in need. The organization employs 205 dedicated individuals in its noble cause.
Official website here: www.foundryministries.com
What are the reviews and ratings of this charity?
Charity Navigator rating: 80% (Three-Star out of Four Star rating)
The Foundry Ministries Inc has achieved a commendable score of 80%, reflecting a strong commitment to accountability and finance, with an impressive 93% score in this area. Their governance structure is robust, featuring a fully independent board and rigorous financial oversight. However, the organization has room for improvement, highlighted by the absence of a whistleblower policy and document retention procedures, which are crucial for transparency.
Furthermore, the organization excels in its culture and community engagement, earning a perfect score in that category. This indicates a strong emphasis on constituent feedback and utilizing this information to inform practices, ensuring that its programs effectively meet community needs. Their program expense ratio of 82.59% also suggests a significant portion of funds directly supports their mission.
Unfortunately, user reviews from GreatNonprofits could not be retrieved, and therefore, insights into public sentiment regarding their services and impact are not available. Overall, The Foundry Ministries shows potential and strength but could benefit from enhancing certain governance policies for even greater transparency and accountability.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about The Foundry Ministries Inc?
86% of 66 reviewers on Facebook recommend The Foundry Ministries Inc. Here is a summary of their reviews:
Many individuals express deep appreciation for the transformative impact the organization has on its participants. One reviewer noted a remarkable change in their daughter within just three weeks of being involved, highlighting the spiritual atmosphere and the dedication of the staff. This sentiment reflects a strong confidence in the program's ability to foster positive change in the lives of those it serves.
Overall, the feedback indicates a profound respect for the efforts being made by The Foundry Ministries Inc. to support individuals on their journeys toward recovery and personal growth. The strong recommendation rate suggests that many believe in the mission and effectiveness of this nonprofit.
This AI summary has been generated from reviews found on Facebook.
Is The Foundry Ministries Inc legitimate?
The Foundry Ministries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Foundry 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: $478,883
Professional Fundraising Fees: $78,126
Other Salaries and Wages: $2,390,240
For more financial information, click here
Official website here: www.foundryministries.com
What is the mission statement of The Foundry Ministries Inc?
The Foundry Ministries Inc operates as a non-profit, Christ-centered organization, providing a rescue mission and long-term addiction recovery center. Their mission is to restore hope and rebuild the lives of the addicted and destitute. They accomplish this through a Christ-centered recovery program, offering shelter, food, and clothing to homeless men and women. The organization goes beyond housing, also providing community outreach services such as food distribution and medical care for over 300 individuals.
Official website here: www.foundryministries.com
Who is the CEO of The Foundry Ministries Inc?
Micah Andrews is the Chairman of The Foundry Ministries Inc. The CEO's salary of The Foundry Ministries Inc is $115,000 and their total compensation is $115,132.
Official website here: www.foundryministries.com
What is the revenue of The Foundry Ministries Inc?
The Foundry Ministries Inc's revenue in 2022 was $8,931,425.
Official website here: www.foundryministries.com
Who are the executives of The Foundry Ministries Inc and what are their salaries?
The average compensation at The Foundry Ministries Inc during 2022 was $13,996. There are 205 employees and 100 volunteers at The Foundry Ministries Inc.
Here are 21 key members and their salaries (The Foundry Ministries Inc's CEO's salary is $115,000 and their total compensation is $115,132):
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- Compensation: $35,000
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- Other: $2,541
- Compensation: $115,000
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- Other: $6,112
- Compensation: $66,750
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- Other: $3,342
Official website here: www.foundryministries.com
Where can I find the form 990 for The Foundry Ministries Inc?
The Foundry Ministries Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.foundryministries.com
Learn more at the official website: www.foundryministries.com
Mission Statement of The Foundry Ministries Inc
The Foundry Ministries Inc is committed to restoring hope and rebuilding the lives of the destitute and addicted through a Christ-centered recovery program. As a non-profit organization, it operates a rescue mission and long-term addiction recovery center. This mission is manifested in providing shelter, food, and clothing to homeless men and women, housing over 300 individuals. Beyond these basic necessities, The Foundry Ministries Inc extends its services to the community, offering food distribution and medical care. The organization's holistic approach aims to provide a pathway to recovery, not just physically but also spiritually, thereby transforming the lives of those in need.
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Impact
July, 2024
The Foundry Ministries Inc plays a crucial role in restoring hope and rebuilding the lives of individuals struggling with addiction and homelessness through its Christ-centered recovery programs. With a focus on providing shelter, food, and clothing to those in need, the organization has impacted over 300 individuals by offering not just basic necessities but also long-term support and services. Additionally, the ministry extends its reach to the community through various outreach efforts such as food distribution and medical care, making a tangible difference in the lives of many.
This information is meant to be a general summary of The Foundry 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: -$27,030
- Program Service Revenue: $708,741
- Gross Receipts: $9,136,481
Assets and Liabilities:
- Total Assets: $6,292,436
- Total Liabilities: $3,253,583
- Net Assets: $3,038,853
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENU
Revenue
$708,741
Organization Details
Founding Year
1994
Phone
(205) 428-8449Principal Officer
Micah Andrews
Main Address
PO BOX 824, BESSEMER, AL, 350210824
Website
www.foundryministries.comNTEE Category
Code: P28Z - Human services
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