Overview
What is Reaching Souls International Inc?
Reaching Souls International Inc is a nonprofit organization situated in Oklahoma City, Oklahoma. Their primary focus is to support national evangelists who function as missionaries within their own communities, serving 14 countries across Africa, Latin America, and Asia. This year, they assisted 2,083 evangelists, resulting in numerous salvation decisions and baptisms through 295,878 open-air meetings. The organization offers training, accountability, and financial aid to help these local missionaries effectively spread the Gospel of Jesus Christ. With 5,034 new churches established, Reaching Souls International Inc ensures proper care for the new believers, adhering to their mission to "reach souls for Christ." Word count: 118
Official website here: www.reachingsouls.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 97% (Four-Star out of Four Star rating)
Reaching Souls International Inc has achieved an impressive Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. With a strong Accountability & Finance Score of 97, the organization demonstrates effective governance, including a majority of independent board members and comprehensive financial oversight practices. Their commitment to transparency is reflected in policies related to conflict of interest and whistleblower protections.
The charity excels in program efficiency, with a program expense ratio of 79.01%, meaning a significant portion of its funds is directed toward its mission rather than administrative costs. Additionally, the fundraising efficiency ratio of $0.12 indicates that the organization is adept at minimizing fundraising costs while maximizing contributions. The financial metrics show a robust working capital ratio, ensuring they have sufficient resources to sustain operations.
While the data is overwhelmingly positive, it is essential to continuously monitor any potential shifts in leadership or strategy that could impact future performance. Overall, Reaching Souls International Inc demonstrates strong management practices and a clear commitment to its mission, making it a reliable choice for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Reaching Souls International Inc legitimate?
Reaching Souls International Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Reaching Souls International 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: $711,715
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,147,124
For more financial information, click here
Official website here: www.reachingsouls.org
What is the mission statement of Reaching Souls International Inc?
Reaching Souls International Inc's mission is centered around reaching souls for Christ. Their core objective is to maximize the number of people they can convert to Christianity in the shortest time possible, utilizing efficient strategies. The organization provides support, including training and financial aid, to native evangelists serving as missionaries in various developing nations. This year, they aided 2,083 evangelists in 14 countries, leading to 7,859,773 salvation decisions and 1,144,082 baptisms through 295,878 open-air meetings. As a result, 5,034 new churches were established to cater to the spiritual needs of the new believers.
Official website here: www.reachingsouls.org
Who is the CEO of Reaching Souls International Inc?
Robin Palesano is the Chief Executive Officer President of Reaching Souls International Inc. The CEO's salary of Reaching Souls International Inc is $215,108 and their total compensation is $306,191.
Official website here: www.reachingsouls.org
What is the revenue of Reaching Souls International Inc?
Reaching Souls International Inc's revenue in 2022 was $6,912,967.
Official website here: www.reachingsouls.org
Who are the executives of Reaching Souls International Inc and what are their salaries?
The average compensation at Reaching Souls International Inc during 2022 was $77,452. There are 24 employees and 10 volunteers at Reaching Souls International Inc.
Here are 14 key members and their salaries (Reaching Souls International Inc's CEO's salary is $215,108 and their total compensation is $306,191):
- Compensation: $215,108
- Related: $0
- Other: $91,083
- Compensation: $114,078
- Related: $0
- Other: $90,811
- Compensation: $121,118
- Related: $0
- Other: $76,697
- Compensation: $145,723
- Related: $0
- Other: $21,531
- Compensation: $115,688
- Related: $0
- Other: $32,115
- Compensation: $92,787
- Related: $0
- Other: $12,062
- Compensation: $45,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.reachingsouls.org
Where can I find the form 990 for Reaching Souls International Inc?
Reaching Souls International Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.reachingsouls.org
Learn more at the official website: www.reachingsouls.org
Mission Statement of Reaching Souls International Inc
Reaching Souls International, an organization dedicated to its namesake mission, is committed to reaching as many souls for Christ as possible. Their driving force and reason for existence is to maximize the number of individuals who accept Christianity in the shortest timeframe, utilizing the most efficient methods. The nonprofit achieves this mission by providing support, accountability, and financial aid to native evangelists serving as missionaries in their own communities across Africa, Latin America, and Asia.
In the current year, Reaching Souls International has supported 2,083 such evangelists in 14 nations. These local missionaries have shared the Gospel of Jesus Christ through 295,878 open-air meetings, resulting in a significant impact with 7,859,773 salvation decisions and 1,144,082 baptisms. Moreover, 5,034 new churches have been established to cater to the spiritual needs of the newly converted believers. This work of Reaching Souls International not only spreads the Christian faith but also establishes strong foundations for nurturing and growing these communities of faith.
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Impact
July, 2024
Reaching Souls International Inc has made a significant impact by providing training, accountability, and financial support to native evangelists in developing nations. This support has enabled these national missionaries to effectively preach the Gospel of Jesus Christ in their own communities. In the past year alone, Reaching Souls supported 2,083 evangelists across 14 countries in Africa, Latin America, and Asia. Through 295,878 open-air meetings, these evangelists have led to a remarkable 7,859,773 salvation decisions and 1,144,082 baptisms. Additionally, 5,034 new churches have been planted to nurture these new believers. This organization's focused mission of reaching souls for Christ has resulted in a widespread and meaningful impact on communities around the world.
This information is meant to be a general summary of Reaching Souls International 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: $51,016
- Gross Receipts: $7,335,068
Assets and Liabilities:
- Total Assets: $10,314,682
- Total Liabilities: $220,814
- Net Assets: $10,093,868
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Organization Details
Founding Year
1977
Phone
(405) 917-7000Principal Officer
Robin Palesano
Main Address
12625 S PORTLAND AVE, OKLAHOMA CITY, OK, 73170
Website
www.reachingsouls.orgNTEE Category
Code: X21Z - Religion related
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