Overview
What is Truth Ministries Of Spokane?
Truth Ministries Of Spokane is a nonprofit organization situated in Spokane, Washington, specifically at 6833 N Cincinnati St. Their primary mission is to offer assistance to the homeless men residing in the local community. The organization employs a team of eight dedicated individuals, working tirelessly to provide the necessary services for these individuals in need. While the exact nature of these services isn't specified in the provided information, it can be inferred that they may include things like shelter, food, counseling, and other forms of support.
Official website here: www.truthministriesspokane.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 52%, One-Star out of Four Star rating.
Truth Ministries Of Spokane has received a low rating of 52%, indicating significant areas for improvement in its accountability and financial practices. The organization lacks independent board members, which is critical for governance and oversight, and has not provided financial statements, raising concerns about transparency. Additionally, several important policies, including those related to conflicts of interest and whistleblower protections, are missing.
On a positive note, Truth Ministries has a strong program expense ratio of 70%, suggesting that a substantial portion of its budget is dedicated to its programs rather than administrative costs. The organization also demonstrates good financial health with a liabilities to assets ratio of just 2.97%, indicating it is managing its debts well. However, the lack of essential governance policies and documentation detracts from the overall effectiveness and reliability of the nonprofit.
In summary, while Truth Ministries Of Spokane is committed to its programs, the lack of transparency and independent oversight poses challenges that potential donors and stakeholders should consider. Addressing these governance issues will be critical for enhancing its reputation and operational effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Truth Ministries Of Spokane legitimate?
Truth Ministries Of Spokane is a legitimate nonprofit organization registered as a 501(c)(3) entity. Truth Ministries Of Spokane 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: $172,800
Professional Fundraising Fees: $0
Other Salaries and Wages: $116,440
For more financial information, click here
Official website here: www.truthministriesspokane.com
What is the mission statement of Truth Ministries Of Spokane?
Truth Ministries Of Spokane is committed to serving the homeless men in their community. Their mission is centered around providing essential assistance to these individuals, aiming to improve their overall well-being. Through their activities, they offer various services designed to support and uplift the lives of these homeless men. Their work is focused on making a positive impact in the community by addressing the unique needs of the homeless population. While specific details about the nature of these services are not provided, it is clear that Truth Ministries Of Spokane is dedicated to helping homeless men in a meaningful way.
Official website here: www.truthministriesspokane.com
Who is the CEO of Truth Ministries Of Spokane?
Marty Mckinney is the President of Truth Ministries Of Spokane.
Official website here: www.truthministriesspokane.com
What is the revenue of Truth Ministries Of Spokane?
Truth Ministries Of Spokane's revenue in 2022 was $635,184.
Official website here: www.truthministriesspokane.com
Who are the executives of Truth Ministries Of Spokane and what are their salaries?
The average compensation at Truth Ministries Of Spokane during 2022 was $36,155. There are 8 employees at Truth Ministries Of Spokane.
Here are 5 key members and their salaries:
- Compensation: $86,400
- Related: $0
- Other: $0
- Compensation: $86,400
- Related: $0
- Other: $0
- Compensation: $20,600
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.truthministriesspokane.com
Where can I find the form 990 for Truth Ministries Of Spokane?
Truth Ministries Of Spokane's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.truthministriesspokane.com
Learn more at the official website: www.truthministriesspokane.com
Mission Statement of Truth Ministries Of Spokane
Truth Ministries of Spokane is dedicated to serving the homeless men in their community. Their mission is centered around providing essential services to this vulnerable population. By offering these services, they aim to make a significant impact in the lives of these men, contributing to their well-being and overall improvement. The organization's activities are geared towards addressing the unique needs of the homeless men, offering them a chance at a better life.
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Impact
July, 2024
Truth Ministries Of Spokane has made a significant impact by providing essential services to homeless men in the Spokane community. Through their dedication and mission to support those in need, they have improved the lives of many individuals facing homelessness. Their efforts have helped to provide shelter, food, and guidance to those who require assistance, making a tangible difference in the lives of the less fortunate. Truth Ministries Of Spokane's presence and services have undoubtedly left a positive mark on the community, ensuring that homeless men have access to support and resources to help them overcome their challenges.
This information is meant to be a general summary of Truth Ministries Of Spokane. 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
- Gross Receipts: $635,184
Assets and Liabilities:
- Total Assets: $176,522
- Total Liabilities: $6,374
- Net Assets: $170,148
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Organization Details
Phone
(509) 238-6342Principal Officer
Marty Mckinney
Main Address
6833 N CINCINNATI ST, SPOKANE, WA, 99208
NTEE Category
Code: X20 - Religion related
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