Overview
What is Prophetic Faith Hope Ministrie?
Prophetic Faith Hope Ministrie is a nonprofit organization that offers spiritual restoration to individuals. Their services primarily revolve around utilizing the teachings of the Bible to help people in need. Beyond spiritual aid, they also extend their support by providing essentials such as clothing and food. This holistic approach aims to uplift individuals physically and spiritually, fostering a sense of hope and renewal.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 34%, Zero-Star out of Four Star rating.
Prophetic Faith Hope Ministries has received a low score due to a lack of accountability and financial transparency, with a significant emphasis on governance issues. The organization has no independent board members, which raises concerns about oversight and decision-making processes. While it does have a conflict of interest policy and whistleblower protections in place, its failure to provide critical financial documents on its website negatively impacts its overall rating.
One positive aspect noted is the absence of material diversion of assets, indicating that funds are likely being used for their intended purposes. However, the program expense ratio is alarmingly low at 5.95%, suggesting that a minimal amount of their expenditures is directed towards their programs and services. This raises questions about the effectiveness and impact of their initiatives.
In summary, the organization faces significant challenges in terms of governance and financial reporting, which may deter potential donors from supporting its mission. To improve its standing, enhancing board independence and increasing transparency in financial matters would be essential steps.
This AI summary has been generated from information found on Charity Navigator.
Is Prophetic Faith Hope Ministrie legitimate?
Prophetic Faith Hope Ministrie is a legitimate nonprofit organization registered as a 501(c)(3) entity. Prophetic Faith Hope Ministrie 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 Prophetic Faith Hope Ministrie?
The Prophetic Faith Hope Ministrie's mission is centered around assisting individuals spiritually. Through church services, they strive to restore people's spiritual well-being using the teachings of the Bible. In addition to spiritual aid, the ministry also extends its support by providing essentials such as clothing and food. This holistic approach includes the distribution of Bibles, aiming to foster spiritual growth and restoration.
Who is the CEO of Prophetic Faith Hope Ministrie?
Terry Fabelo is the President of Prophetic Faith Hope Ministrie.
What is the revenue of Prophetic Faith Hope Ministrie?
Prophetic Faith Hope Ministrie's revenue in 2022 was $1,670.
Who are the executives of Prophetic Faith Hope Ministrie and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Prophetic Faith Hope Ministrie?
Prophetic Faith Hope Ministrie's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Prophetic Faith Hope Ministrie
Prophetic Faith Hope Ministrie's mission is centered around helping individuals spiritually, aiming to restore them through the teachings of the Bible. This nonprofit organization extends its assistance beyond just spiritual guidance. It also provides essentials such as clothing and food to those in need. Furthermore, Prophetic Faith Hope Ministrie demonstrates its commitment by distributing Bibles, serving as a beacon of hope and spiritual guidance for its community.
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Impact
August, 2024
Prophetic Faith Hope Ministrie has a profound impact on the community by helping people spiritually to be restored through the word of God. They provide much-needed assistance by offering church services, distributing clothes and food, and giving out Bibles. Through their mission of spiritual upliftment and material support, they make a significant difference in the lives of those they serve. Their dedication to providing spiritual guidance and practical help has a lasting and positive impact on the community in MIAMI BEACH, FL.
This information is meant to be a general summary of Prophetic Faith Hope Ministrie. 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.
- Gross Receipts: $1,670
Assets and Liabilities:
- Total Assets: $6,600
- Total Liabilities: $6,600
- Net Assets: $0
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Organization Details
Principal Officer
Terry Fabelo
Main Address
PO BOX 414599, MIAMI BEACH, FL, 33141
NTEE Category
Code: X20 - Religion related
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