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First Baptist Church Foundation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 721385505 ✦ Madison, AL ✦ Designated as a 501(c)(3)

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Overview

What is First Baptist Church Foundation?

The First Baptist Church Foundation is a nonprofit organization located at 600 Governors Drive, Huntsville, Alabama 35801. Their primary mission is to provide financial assistance for individuals participating in mission trips, enabling them to spread the teachings of Jesus Christ globally. Through these trips, the foundation aims to share faith and make a positive impact in various parts of the world.


Official website here: www.fbchsv.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 74% (Two-Star out of Four Star rating)

The First Baptist Church Foundation has received a Two-Star rating from Charity Navigator, primarily reflecting its strong accountability and financial management practices. The organization boasts a high score for having a completely independent board of directors, indicating a commitment to governance. Additionally, the Foundation has demonstrated effective asset management, with a 0.00% liabilities to assets ratio and a commendable program expense ratio of 68.56%, suggesting that a significant portion of its funds is directed towards its missions and programs.

However, there are notable limitations that have impacted the overall score. The foundation lacks critical policies such as a conflict of interest policy, whistleblower policy, and document retention and destruction policy, which together account for significant deductions in its accountability score. Moreover, the Foundation's failure to post its tax form on its website as required reflects a gap in transparency and accessibility.

Overall, while the First Baptist Church Foundation shows strengths in governance and financial stability, it needs to address its policy deficiencies to enhance its rating and further build trust with its stakeholders.


This AI summary has been generated from information found on Charity Navigator.

Is First Baptist Church Foundation legitimate?

First Baptist Church Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. First Baptist Church Foundation 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


Official website here: www.fbchsv.org

What is the mission statement of First Baptist Church Foundation?

The First Baptist Church Foundation's mission is centered around spreading the message of Jesus Christ globally. This is achieved through various means, with a significant focus on providing financial support for individuals participating in mission trips to diverse destinations around the world. The foundation's ultimate goal is to spread the gospel of Jesus Christ on a global scale.


Official website here: www.fbchsv.org

What is the revenue of First Baptist Church Foundation?

First Baptist Church Foundation's revenue in 2023 was $152,729.


Official website here: www.fbchsv.org

Who are the executives of First Baptist Church Foundation and what are their salaries?

Here are 5 key members and their salaries:


Gary Cobb (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Jesup (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jordan Money (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randy Taylor (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ali Wheatley (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.fbchsv.org

Where can I find the form 990 for First Baptist Church Foundation?

First Baptist Church Foundation's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.fbchsv.org

Learn more at the official website: www.fbchsv.org

Mission Statement of First Baptist Church Foundation

The First Baptist Church Foundation is dedicated to spreading the message of Jesus Christ globally. Their mission is centered around promoting the gospel of Jesus Christ worldwide. Through their activities, they strive to achieve this goal by providing financial aid to individuals participating in mission trips to various destinations. This support enables these individuals to spread the word of Jesus Christ effectively in different parts of the world.

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Impact




August, 2024

The First Baptist Church Foundation has a significant impact in spreading the gospel of Jesus Christ around the world. They provide grants for mission trip participants to various destinations, enabling individuals to carry out important missionary work and share their faith with others. Through their activities, they are actively involved in promoting Christianity and supporting philanthropic efforts to reach communities both locally and globally.




This information is meant to be a general summary of First Baptist Church Foundation. 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.

Revenue
$152,729 (2023)
Expenses
$30,844 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $36,848
  • Gross Receipts: $511,955

Assets and Liabilities:

  • Total Assets: $1,296,384
  • Total Liabilities: $0
  • Net Assets: $1,296,384

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Organization Details

Founding Year

1998

Principal Officer

Jordan Money

NTEE Category

Code: T21 - Philanthropy

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