Overview
What is Mount Olive Ministries Inc?
Mount Olive Ministries Inc is a nonprofit organization situated in Mount Olive, Mississippi. Their primary focus is on community and spiritual development, aiming to revitalize the Mount Olive neighborhoods and surrounding areas. As part of their mission, they operate a K-12 private school named Grace Christian School, which recently expanded its grounds by purchasing 80 acres of land. This new facility will house a state-of-the-art school, featuring a trade center, a STEM lab, sports facilities, and more. The school is dedicated to advancing student education, particularly in STEM fields, offering students opportunities for trade careers. With a workforce of 20 employees, Mount Olive Ministries Inc is committed to enhancing the community through education and development.
Official website here: www.mtoliveministries.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82%, Three-Star out of Four Stars
Mount Olive Ministries Inc has earned a Three-Star rating from Charity Navigator, indicating a generally positive assessment of its overall financial health and accountability practices. The organization scored well in various categories, particularly in its financial statements and program expense ratio, suggesting a strong commitment to its mission and efficient use of its resources.
However, there are several areas where the organization could improve its accountability and transparency. Notably, it is missing key governance policies, such as a conflict of interest policy, whistleblower policy, and document retention and destruction policy. Additionally, the absence of board meeting minutes and the failure to post its tax form on its website raise concerns about its operational transparency.
Despite these limitations, the organization demonstrates a solid financial position, with a low liabilities-to-assets ratio and a high program expense ratio. Overall, while Mount Olive Ministries Inc shows promise in its mission-driven work, addressing its governance gaps could enhance its credibility and effectiveness in serving its community.
This AI summary has been generated from information found on Charity Navigator.
Is Mount Olive Ministries Inc legitimate?
Mount Olive Ministries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mount Olive 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: $96,075
Professional Fundraising Fees: $0
Other Salaries and Wages: $214,871
For more financial information, click here
Official website here: www.mtoliveministries.com
What is the mission statement of Mount Olive Ministries Inc?
Mount Olive Ministries Inc's mission is centered around revitalizing neighborhoods and surrounding communities through a combination of spiritual and community development. This is achieved with the objective of glorifying God. The organization operates a private K-12 school, Grace Christian School, and has acquired 80 acres of land to construct a new facility for the school. The focus of Grace Christian School is on STEM education, aiming to enhance students' educational experiences. The new school will also incorporate a trade center for exploring trade careers, a STEM lab, sports activities, and more.
Official website here: www.mtoliveministries.com
Who is the CEO of Mount Olive Ministries Inc?
Tony C Duckworth Sr is the Board Member of Mount Olive Ministries Inc.
Official website here: www.mtoliveministries.com
What is the revenue of Mount Olive Ministries Inc?
Mount Olive Ministries Inc's revenue in 2022 was $515,699.
Official website here: www.mtoliveministries.com
Who are the executives of Mount Olive Ministries Inc and what are their salaries?
The average compensation at Mount Olive Ministries Inc during 2022 was $15,547. There are 20 employees and 10 volunteers at Mount Olive Ministries Inc.
Here are 8 key members and their salaries:
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- Compensation: $1,525
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- Compensation: $96,075
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- Other: $4,088
Official website here: www.mtoliveministries.com
Where can I find the form 990 for Mount Olive Ministries Inc?
Mount Olive Ministries Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mtoliveministries.com
Learn more at the official website: www.mtoliveministries.com
Mission Statement of Mount Olive Ministries Inc
Mount Olive Ministries Inc, a nonprofit organization, is dedicated to revitalizing neighborhoods and surrounding counties through spiritual and community development. Their mission is to glorify God by revitalizing the Mount Olive neighborhoods, aiming to uplift the community as a whole. To achieve this, Mount Olive Ministries operates a private school, Grace Christian School, which focuses on STEM education to advance student learning. In addition to the school, the organization has acquired 80 acres of land to construct a new K-12 facility for Grace Christian School. This new facility will provide various amenities such as a trade center for exploring trade careers, a STEM lab, sports activities, and more, further enriching the educational experience for students. Overall, Mount Olive Ministries Inc is committed to revitalizing their community through spiritual growth and comprehensive development opportunities.
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Impact
July, 2024
Mount Olive Ministries Inc is making a significant impact by revitalizing Mount Olive neighborhoods through spiritual and community development. They are achieving this through their K-12 grade private school, Grace Christian School, which focuses on providing STEM education to advance student learning. By purchasing 80 acres of land to build a new school, they are creating opportunities for students to explore trade careers, engage in STEM activities, sports, and more. This initiative not only enhances educational opportunities for the youth but also contributes to the overall improvement of the community.
This information is meant to be a general summary of Mount Olive 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: $1,994
- Program Service Revenue: $31,807
- Gross Receipts: $569,830
Assets and Liabilities:
- Total Assets: $899,185
- Total Liabilities: $355,430
- Net Assets: $543,755
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SCHOOL TUITION
Revenue
$31,807
Organization Details
Founding Year
1993
Phone
(601) 797-4377Principal Officer
Tony C Duckworth Sr
Main Address
PO BOX 875, MOUNT OLIVE, MS, 39119
Website
www.mtoliveministries.comNTEE Category
Code: I21Z - Crime
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