Overview
What is Joseph G Moretti Jr And Patricia A Moretti Ministries Inc?
Joseph G Moretti Jr and Patricia A Moretti Ministries Inc is a nonprofit organization committed to supporting like-minded Christian individuals, ministries, and organizations worldwide. Their mission focuses on spreading the gospel globally through various initiatives. Specifically, they contribute to the construction of worship centers in third world countries, Bible translations for various languages, Bible education, and Christian worship. The organization's efforts are geared towards making a significant impact on the global Christian community and furthering the reach of the gospel.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 85% (Three-Star out of Four Stars)
Joseph G Moretti Jr And Patricia A Moretti Ministries Inc has received a respectable Three-Star rating from Charity Navigator with an overall score of 85%. This rating reflects strong performance in areas of accountability and finance, indicating that the organization operates transparently and responsibly. The charity boasts a fully independent board and adheres to stringent policies regarding conflicts of interest and document retention, ensuring high governance standards.
Notably, the organization excels in managing its assets and expenses, with perfect scores in both program expense ratio and liabilities to assets ratio. These strengths suggest that they allocate a significant portion of their resources towards fulfilling their mission rather than administrative costs. The effective management of financial health is further highlighted by their performance in working capital and fundraising efficiency ratios.
However, the fundraising efficiency ratio indicates that there may be challenges in fundraising, as the reported figure is considerably low. This could suggest a need for improvement in their fundraising strategies to enhance financial growth and sustainability. Overall, while the organization demonstrates commendable governance and financial management, addressing fundraising efficiency could be critical for future success.
This AI summary has been generated from information found on Charity Navigator.
Is Joseph G Moretti Jr And Patricia A Moretti Ministries Inc legitimate?
Joseph G Moretti Jr And Patricia A Moretti Ministries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Joseph G Moretti Jr And Patricia A Moretti 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: $0
For more financial information, click here
What is the mission statement of Joseph G Moretti Jr And Patricia A Moretti Ministries Inc?
Joseph G Moretti Jr and Patricia A Moretti Ministries Inc are dedicated to supporting like-minded Christians and organizations in their mission to spread the gospel worldwide. Their focus is on building worship centers in third world countries, translating the Bible into various languages, providing Bible education, and promoting Christian worship. Through their efforts, they have successfully collaborated with third world ministries to bring about projects that support the Christian faith. The organization's work extends to the construction of worship centers, translation projects, and the provision of Bible education, all aimed at spreading the gospel message to diverse communities.
Who is the CEO of Joseph G Moretti Jr And Patricia A Moretti Ministries Inc?
William K Lyons is the President of Joseph G Moretti Jr And Patricia A Moretti Ministries Inc.
What is the revenue of Joseph G Moretti Jr And Patricia A Moretti Ministries Inc?
Joseph G Moretti Jr And Patricia A Moretti Ministries Inc's revenue in 2021 was $15,289,187.
Who are the executives of Joseph G Moretti Jr And Patricia A Moretti Ministries Inc and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990 for Joseph G Moretti Jr And Patricia A Moretti Ministries Inc?
Joseph G Moretti Jr And Patricia A Moretti Ministries Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Joseph G Moretti Jr And Patricia A Moretti Ministries Inc
Joseph G Moretti Jr and Patricia A Moretti Ministries Inc is a nonprofit organization with a mission to support like-minded Christian individuals, ministries, and organizations in their efforts to spread the gospel around the world. Moretti Ministries focuses its support on various projects, including the construction of worship centers in third world countries, Bible translations for all languages, Bible education, and Christian worship.
The organization's primary goal is to contribute to the global expansion of the Christian faith by collaborating with third world ministries on building projects. These efforts are crucial in providing religious communities with spaces to worship and come together, fostering spiritual growth and strengthening the bonds between believers. Furthermore, the translation of the Bible into different languages plays a significant role in making the holy text accessible to a wider audience, ensuring that individuals can connect with their faith on a deeper level.
Moretti Ministries also places importance on Bible education, recognizing the need for knowledge and understanding of religious texts. The organization supports initiatives that encourage the study and interpretation of the Bible, empowering individuals to apply its teachings in their daily lives and share the message of the gospel with others.
By working towards these objectives, Joseph G Moretti Jr and Patricia A Moretti Ministries Inc has proven successful in partnering with various ministries engaged in impactful building projects that support the Christian gospel. Their mission continues to bring hope and inspiration to communities around the world, encouraging spiritual growth and the spread of the gospel.
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Impact
October, 2024
Joseph G Moretti Jr And Patricia A Moretti Ministries Inc significantly impacts communities by fostering the growth of Christianity globally. By providing support to like-minded individuals, ministries, and organizations, they play a pivotal role in the dissemination of the Gospel, particularly in developing countries.
Their efforts focus on constructing worship centers which serve as vital community hubs for spiritual growth and fellowship. Furthermore, by facilitating Bible translations into various languages, they ensure that the teachings of Christianity are accessible to diverse populations, thereby enhancing understanding and engagement with the faith.
The organization also emphasizes Bible education and Christian worship, empowering individuals with knowledge and tools to deepen their faith. Through strategic partnerships with local ministries engaged in building projects, they not only contribute to the physical infrastructure of worship but also nurture the spiritual lives of countless believers, fostering a stronger, more connected Christian community worldwide.
This information is meant to be a general summary of Joseph G Moretti Jr And Patricia A Moretti 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 2021.
- Investment Income: $1,178
- Gross Receipts: $15,289,187
Assets and Liabilities:
- Total Assets: $15,706,337
- Total Liabilities: $0
- Net Assets: $15,706,337
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Organization Details
Founding Year
1991
Phone
(941) 468-5280Principal Officer
William K Lyons
Main Address
825 WRIGHT STREET, ENGLEWOOD, FL, 34223
NTEE Category
Code: X21Z - Religion related
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