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Ministry Essentials Inc

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

EIN: 752661374 ✦ Wheaton, IL ✦ Designated as a 501(c)(3)

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Overview

What is Ministry Essentials Inc?

Ministry Essentials Inc is a nonprofit organization based in Wheaton, Illinois, specifically at PO Box 4947. Their primary mission is to establish and cultivate a spiritual community among Christian leaders and their families serving internationally. This community provides soul care, spiritual nourishment, and developmental resources to address both immediate and long-term needs of these leaders and their families. In 2022, Ministry Essentials Inc connected with over 988 global workers in at least 80 countries, working with more than 161 churches and agencies. Their proactive soul care involves joining the faith journey of these individuals, challenging their assumptions, and fostering a deeper hope in God. They currently have a team of 22 employees.


Official website here: www.meintl.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 93%, Four-Star out of Four Star Rating

Ministry Essentials Inc has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. With an impressive 92% in accountability and finance and a perfect 100% in leadership and adaptability, the organization demonstrates a solid commitment to transparency and effective management. Notably, their program expense ratio of 82.27% indicates a significant investment in their mission-related activities.

The organization benefits from a majority of independent board members, ensuring diverse perspectives in decision-making. Their financial health is further illustrated by a low liabilities to assets ratio of 0.76%, suggesting a stable financial position. Additionally, the charity has earned full points in various governance practices, including audit oversight and conflict of interest policies, which enhances its credibility and operational integrity.

While the ratings reflect high standards in governance and financial management, it is crucial for potential supporters to consider the specific programs and impact of Ministry Essentials Inc in their communities. Information regarding the outcomes and effectiveness of their initiatives would provide a more comprehensive understanding of their overall impact.


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

What do the Facebook reviews say about Ministry Essentials Inc?

Ministry Essentials Inc has received positive remarks from its users on Facebook, with an encouraging sentiment evident in the two reviews posted. The organization's dedication to caring for all individuals stands out, as highlighted by reviewers.

Though the charity currently does not have an overall rating due to the limited number of reviews, the enthusiasm expressed by those who took the time to share their thoughts suggests a strong alignment with its mission. The appreciation for its focus hints at a commitment to positively impacting the community it serves.

Overall, those who have engaged with Ministry Essentials Inc seem to be satisfied with its approach and services, indicating that the nonprofit is on the right track in fulfilling its objectives.


This AI summary has been generated from reviews found on Facebook.

Is Ministry Essentials Inc legitimate?

Ministry Essentials Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ministry Essentials 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: $141,138
Professional Fundraising Fees: $0
Other Salaries and Wages: $807,970

For more financial information, click here


Official website here: www.meintl.org

What is the mission statement of Ministry Essentials Inc?

Ministry Essentials Inc, as a non-profit mission agency, aims to establish and cultivate a spiritual community among Christian leaders and their families serving internationally. Within this community, they provide proactive soul care, spiritual nourishment, and developmental resources to address both urgent and long-term needs. The organization joins the faith journey of global workers, challenges their assumptions about life and God, and ignites a deeper hope in Him. In 2022, Ministry Essentials Inc was able to join the journey of faith of over 988 global workers living in at least 80 countries who serve with more than 161 churches and agencies.


Official website here: www.meintl.org

Who is the CEO of Ministry Essentials Inc?

David Shepherd is the Guiding Director (President) of Ministry Essentials Inc.


Official website here: www.meintl.org

What is the revenue of Ministry Essentials Inc?

Ministry Essentials Inc's revenue in 2022 was $1,625,845.


Official website here: www.meintl.org

Who are the executives of Ministry Essentials Inc and what are their salaries?

The average compensation at Ministry Essentials Inc during 2022 was $43,141. There are 22 employees and 42 volunteers at Ministry Essentials Inc.


Here are 7 key members and their salaries:


David Shepherd (Guiding Director (President))
  • Compensation: $28,785
  • Related: $0
  • Other: $14,376
Annette Haskins (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Fenz (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Balazs (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Forstrom (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeanni Shepherd (Director)
  • Compensation: $45,977
  • Related: $0
  • Other: $0
James Wartian (Managing Director)
  • Compensation: $27,298
  • Related: $0
  • Other: $24,702


Official website here: www.meintl.org

Where can I find the form 990 for Ministry Essentials Inc?

Ministry Essentials Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.meintl.org

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

Mission Statement of Ministry Essentials Inc

Ministry Essentials Inc, a non-profit mission agency, is dedicated to establishing and nurturing spiritual community among Christian leaders and their families serving internationally. Within this community, the organization provides soul care, spiritual nourishment, and developmental resources to address both immediate and long-term needs of these individuals. The mission of Ministry Essentials Inc is proactive in nature, joining the faith journey of global workers, challenging their assumptions about life and God, and igniting a deeper hope in Him. The agency aims to foster an environment where Christian leaders and their families can find spiritual support and growth, enabling them to serve effectively in their international roles.

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Impact




July, 2024

Ministry Essentials Inc's impact lies in establishing and cultivating spiritual community among Christian leaders and their families serving internationally. They provide soul care, spiritual nourishment, and developmental resources to address urgent and long-term needs. In 2022, Ministry Essentials Inc staff joined the journey of over 988 global workers in at least 80 countries, working with 161 churches and agencies. They offer proactive soul care to global workers, national Christian leaders, and Third Culture Kids, challenging assumptions about life and God while igniting a deeper hope in Him.




This information is meant to be a general summary of Ministry Essentials 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.

Revenue
$1,625,845 (2022)
Expenses
$1,609,181 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $459
  • Gross Receipts: $1,625,845

Assets and Liabilities:

  • Total Assets: $835,835
  • Total Liabilities: $6,358
  • Net Assets: $829,477

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Organization Details

Founding Year

1996

Principal Officer

David Shepherd

Main Address

PO BOX 4947, WHEATON, IL, 601894947

NTEE Category

Code: X20 - Religion related

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