Overview
What is The Baptist Missionary Association Of Texas Dept Of Missions Inc?
The Baptist Missionary Association of Texas Department of Missions Inc is a nonprofit organization headquartered in Waxahachie, Texas. They primarily focus on supporting missionary ministers and contributing to the construction or acquisition of church buildings and sites. Their mission, as stated in the Great Commission from Matthew 28:18-20 and Acts 1:8, is to plant new churches across the state of Texas. They achieve this by providing funds or properties and offering low-interest or no-interest loans for church building projects. In addition, they serve as a clearing house for specifically designated contributions. They have a team of 33 dedicated individuals who contribute to their cause.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90%
The Baptist Missionary Association of Texas Dept of Missions Inc has achieved a solid Four-Star out of Four Star rating from Charity Navigator, reflecting a high level of accountability and financial health. With an overall score of 90%, the organization demonstrates transparency and responsible management of funds, crucial for donor confidence and support.
Strengths of this nonprofit include a fully independent board of directors, rigorous financial oversight, and a strong program expense ratio of 91.76%. These factors indicate that the majority of funds are directed toward mission-related activities rather than administrative costs, enhancing the organization's effectiveness in fulfilling its mission.
There are no major limitations noted in the available data, as the nonprofit has a strong track record of accountability, evidenced by its lack of material asset diversion and comprehensive conflict of interest policies. Overall, the organization presents as a reliable and impactful entity within the community it serves.
This AI summary has been generated from information found on Charity Navigator.
Is The Baptist Missionary Association Of Texas Dept Of Missions Inc legitimate?
The Baptist Missionary Association Of Texas Dept Of Missions Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Baptist Missionary Association Of Texas Dept Of Missions 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: $96,674
Professional Fundraising Fees: $0
Other Salaries and Wages: $710,436
For more financial information, click here
What is the mission statement of The Baptist Missionary Association Of Texas Dept Of Missions Inc?
The Baptist Missionary Association of Texas Department of Missions Inc's mission is centered around planting new churches within the state of Texas. This aligns with the guidelines outlined in the Great Commission, as stated in Matthew 28:18-20 and Acts 1:8. Their mission involves providing partial support for missionary ministers, contributing funds or property to build church facilities, and offering low-interest or no-interest loans for the acquisition or construction of church buildings and sites. Additionally, they function as a clearinghouse for specifically designated contributions.
Who is the CEO of The Baptist Missionary Association Of Texas Dept Of Missions Inc?
Grady Cashion is the Trustee of The Baptist Missionary Association Of Texas Dept Of Missions Inc.
What is the revenue of The Baptist Missionary Association Of Texas Dept Of Missions Inc?
The Baptist Missionary Association Of Texas Dept Of Missions Inc's revenue in 2022 was $921,507.
Who are the executives of The Baptist Missionary Association Of Texas Dept Of Missions Inc and what are their salaries?
The average compensation at The Baptist Missionary Association Of Texas Dept Of Missions Inc during 2022 was $24,458. There are 33 employees at The Baptist Missionary Association Of Texas Dept Of Missions Inc.
Here are 14 key members and their salaries:
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Where can I find the form 990 for The Baptist Missionary Association Of Texas Dept Of Missions Inc?
The Baptist Missionary Association Of Texas Dept Of Missions Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Baptist Missionary Association Of Texas Dept Of Missions Inc
The Baptist Missionary Association of Texas Department of Missions Inc is dedicated to fulfilling the guidelines outlined in the Great Commission, as stated in Matthew 28:18-20 and Acts 1:8. Their primary mission is to plant new churches across the state of Texas. This mission is accomplished through various means, including providing partial financial support to missionary ministers, contributing funds or property to facilitate the construction of church buildings and sites, and offering low-interest or no-interest loans for the acquisition or construction of church properties. The organization serves as a clearinghouse for specifically designated contributions, ensuring that these resources are allocated effectively towards the establishment of new churches in Texas.
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Impact
July, 2024
The Baptist Missionary Association Of Texas Dept Of Missions Inc's impact lies in the establishment of new churches in Texas, in accordance with the guidelines outlined in the Great Commission (Matthew 28:18-20; Acts 1:8). Through their work, they provide support to missionary ministers, contribute funds and property for church buildings, offer low-interest or no-interest loans for building acquisition or construction, and serve as a central hub for designated contributions. Their focus on church planting helps spread the message of faith and spirituality in communities across the state, contributing to the growth and development of religious institutions and fostering a sense of community and outreach.
This information is meant to be a general summary of The Baptist Missionary Association Of Texas Dept Of Missions 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: $38,240
- Program Service Revenue: $2,986
- Gross Receipts: $940,159
Assets and Liabilities:
- Total Assets: $4,686,872
- Total Liabilities: $5,909
- Net Assets: $4,680,963
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Miscellaneous
Revenue
$2,986
Organization Details
Founding Year
1900
Phone
(972) 923-0757Principal Officer
Grady Cashion
Main Address
P O BOX 73, WAXAHACHIE, TX, 75168
NTEE Category
Code: X20 - Religion related
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