Overview
What is Ross Ministries Inc?
Ross Ministries Inc is a nonprofit organization committed to the propagation of the Gospel and leadership development. They have been actively supporting established missions worldwide through their programs and visits, generating substantial outcomes through teaching and preaching. The organization's activities extend beyond its borders, contributing to various established works around the globe.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 10%
Ross Ministries Inc has received a Zero-Star out of Four Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The organization scored only 10% overall, highlighting a lack of independent board members and essential governance policies. Key areas such as conflict of interest and whistleblower policies are missing, which raises red flags about the organization’s operational transparency.
The nonprofit's financial metrics are concerning, with a liabilities-to-assets ratio of 2.47% and a program expense ratio of just 1.18%. These figures suggest that only a small fraction of its resources is directed towards programs, which may limit its effectiveness and impact in fulfilling its mission. The absence of board meeting minutes and missing documentation on its website further underscores issues with governance practices.
Overall, the low rating reflects serious deficiencies in both financial management and organizational transparency. Potential donors and stakeholders should exercise caution and seek more information before engaging with Ross Ministries Inc, as the current data portrays a nonprofit struggling with fundamental operational standards.
This AI summary has been generated from information found on Charity Navigator.
Is Ross Ministries Inc legitimate?
Ross Ministries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ross 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Ross Ministries Inc?
Ross Ministries Inc's mission is centered around the propagation of the Gospel and leadership development. The organization has been actively investing in established works globally, providing support through missions visits that involve teaching and preaching. These initiatives have yielded substantial results. In essence, Ross Ministries Inc seeks to spread the Gospel and foster leadership growth on a global scale.
Who is the CEO of Ross Ministries Inc?
Randal L Ross is the President of Ross Ministries Inc.
What is the revenue of Ross Ministries Inc?
Ross Ministries Inc's revenue in 2022 was $100,242.
Who are the executives of Ross Ministries Inc and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
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- Other: $0
Where can I find the form 990 for Ross Ministries Inc?
Ross Ministries Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Ross Ministries Inc
Ross Ministries Inc, as a nonprofit organization, is dedicated to the promotion of the Gospel and the development of leadership. Their mission involves investing in established works worldwide and offering missions support visits, which have yielded significant results through teaching and preaching. By engaging in these activities, Ross Ministries Inc aims to spread the Gospel and foster leadership development in various communities around the globe.
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Impact
October, 2024
Ross Ministries Inc has made a significant impact through its focus on the promulgation of the Gospel and leadership development across various regions of the world. By supporting established works globally, the organization has played a vital role in enhancing spiritual outreach and leadership capacity within diverse communities.
Recent programs have centered around missions support visits to several nations, where teaching and preaching initiatives have yielded substantial results. These efforts not only foster spiritual growth but also empower local leaders to continue the work within their communities, creating a sustainable model for ongoing impact. The organization’s commitment to leadership development further ensures that the teachings and principles of the Gospel reach new audiences, equipping individuals to take on roles of influence in their respective cultures.
Based in Lubbock, Texas, Ross Ministries Inc has effectively utilized its resources to strengthen connections and build a legacy of faith and leadership around the world, making a lasting difference in the lives of many.
This information is meant to be a general summary of Ross 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 2022.
- Investment Income: $9,248
- Gross Receipts: $100,242
Assets and Liabilities:
- Total Assets: $808,216
- Total Liabilities: $42,239
- Net Assets: $765,977
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Organization Details
Phone
(806) 794-3848Principal Officer
Randal L Ross
Main Address
12002 Trafalgar Avenue Suite 102, Lubbock, TX, 79424
NTEE Category
Code: X21 - Religion related
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