Overview
What is Studio Ten Ministries Inc?
Studio Ten Ministries Inc is a charitable organization based in Bremen, Indiana, with a mission to alleviate suffering among the world's poorest and most oppressed orphans, widows, and outcasts. They aim to establish partnerships to address the educational and socioeconomic needs of these vulnerable groups. The nonprofit, with a team of five individuals, operates as a catalyst for change and improvement in their community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 12%
Studio Ten Ministries Inc has received a Zero-Star out of Four Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial health. With an overall score of 12%, the organization shows critical weaknesses in transparency and governance, as evidenced by the lack of independent board members and missing essential policies that safeguard organizational integrity.
The charity's financial transparency is notably inadequate, with no financial statements available, which hinders potential donors from assessing its fiscal responsibility. Additionally, the charity has a very low program expense ratio of 3.42%, which raises questions about how effectively funds are being utilized to further its mission. The absence of a conflict of interest policy, whistleblower policy, and other governance documents further contributes to the concerns surrounding its operational practices.
While the organization does maintain documented board meeting minutes, the overall lack of transparency and accountability measures is alarming. As a result, potential supporters and donors should exercise caution and consider these factors before engaging with Studio Ten Ministries Inc.
This AI summary has been generated from information found on Charity Navigator.
Is Studio Ten Ministries Inc legitimate?
Studio Ten Ministries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Studio Ten 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: $42,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $39,125
For more financial information, click here
What is the mission statement of Studio Ten Ministries Inc?
Studio Ten Ministries Inc serves as a charitable catalyst, aiming to alleviate suffering among the world's poorest and most oppressed orphans, widows, and outcasts. The organization's mission is to establish partnerships to address the educational and socioeconomic needs of these vulnerable groups. By doing so, Studio Ten Ministries Inc strives to make a significant impact in improving their living conditions and providing them with a brighter future.
Who is the CEO of Studio Ten Ministries Inc?
Daniel Ingle is the Director of Studio Ten Ministries Inc.
What is the revenue of Studio Ten Ministries Inc?
Studio Ten Ministries Inc's revenue in 2021 was $704,633.
Who are the executives of Studio Ten Ministries Inc and what are their salaries?
The average compensation at Studio Ten Ministries Inc during 2021 was $16,225. There are 5 employees at Studio Ten Ministries Inc.
Here are 5 key members and their salaries:
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- Related: $0
- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Studio Ten Ministries Inc?
Studio Ten Ministries Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Studio Ten Ministries Inc
Studio Ten Ministries Inc, a charitable organization, is committed to serving as a catalyst to alleviate suffering among the world's poorest and most oppressed orphans, widows, and outcasts. Their mission is to form partnerships that address the educational and socioeconomic needs of the impoverished, orphans, widows, and outcasts. By doing so, Studio Ten Ministries Inc aims to make a significant impact in reducing their suffering and improving their overall quality of life. The organization's goal is to act as a driving force for change, working tirelessly to address the various challenges faced by these vulnerable populations.
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Impact
July, 2024
Studio Ten Ministries Inc's impact can be seen in its dedicated efforts to alleviate suffering among the world's poorest and most oppressed individuals, including orphans, widows, and outcasts. Through strategic partnerships, the organization works to address the educational and socioeconomic needs of these marginalized groups, making a tangible difference in improving their lives and providing them with opportunities for a better future. Their commitment to serving the vulnerable demonstrates their compassion and drive to make a positive impact on those in need.
This information is meant to be a general summary of Studio Ten 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
- Gross Receipts: $704,633
Assets and Liabilities:
- Total Assets: $2,900,387
- Total Liabilities: $67,916
- Net Assets: $2,832,471
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Organization Details
Phone
(574) 546-2992Principal Officer
Daniel Ingle
Main Address
PO BOX 101, BREMEN, IN, 46506
NTEE Category
Code: P20 - Human services
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