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Coates Ministries Inc

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

EIN: 760492903 ✦ West bend, IA ✦ Designated as a 501(c)(3)

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Overview

What is Coates Ministries Inc?

Coates Ministries Inc is a nonprofit organization based in West Bend, Iowa. With a single employee, they have significantly impacted the lives of over 13,000 individuals in Kenya and other parts of East Africa. Their primary mission is to spread the message of Jesus Christ and establish new churches, having opened 212 churches and extended missions to remote regions. In addition to their religious activities, Coates Ministries also provides humanitarian aid, delivering food, clothing, and medication to underprivileged villages affected by various crises. Moreover, they sponsor the education of students, including those with disabilities, and support various community programs, such as Bible schools and early childhood development initiatives. The organization also constructs permanent church buildings and manages adult literacy programs, demonstrating a comprehensive approach to uplift and empower communities in Kenya.


Official website here: www.coatesministries.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 54%, One-Star out of Four Star rating.

Coates Ministries Inc has received a low rating of 54%, which indicates significant concerns regarding its accountability and financial transparency. The organization has not demonstrated an independent board, with 0% of board members being independent. Furthermore, there are no financial statements available for analysis, which raises red flags about the organization's financial practices.

On a positive note, Coates Ministries does show a strong commitment to program spending, with an impressive program expense ratio of 87.56%. This suggests that the majority of its funds are allocated directly toward its mission-related activities. Additionally, the organization has a clean record regarding material diversion of assets, demonstrating integrity in its financial management.

However, serious limitations remain, including missing essential policies such as conflict of interest and whistleblower policies, which are vital for ensuring ethical governance. The absence of financial documents on its website further contributes to the lack of transparency that potential donors may find concerning. Overall, while the organization's mission-oriented spending is commendable, the governance and financial accountability issues pose significant challenges.


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

Is Coates Ministries Inc legitimate?

Coates Ministries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Coates 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: $83,350
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.coatesministries.com

What is the mission statement of Coates Ministries Inc?

Coates Ministries Inc's mission encompasses church mission, evangelism, church planting, discipleship, humanitarian relief, and development in Kenya and East Africa. The organization actively preaches the Gospel of Jesus Christ, establishing new churches and extending missions to remote regions. They provide relief food to numerous villages, deliver essentials like clothing and medicine to underserved communities, and sponsor students' education. Coates Ministries also conducts weekly children's church and discipleship programs, hosts short-term ministry teams, and surveys and develops water wells in drought-prone areas. Additionally, they sponsor feeding programs, salaries for teachers in early childhood development programs, and construct permanent church buildings. The organization also manages adult literacy programs in the region.


Official website here: www.coatesministries.com

Who is the CEO of Coates Ministries Inc?

Randy Coates is the President of Coates Ministries Inc.


Official website here: www.coatesministries.com

What is the revenue of Coates Ministries Inc?

Coates Ministries Inc's revenue in 2022 was $1,506,098.


Official website here: www.coatesministries.com

Who are the executives of Coates Ministries Inc and what are their salaries?

The average compensation at Coates Ministries Inc during 2022 was $83,350. There is 1 employee and 6 volunteers at Coates Ministries Inc.


Here are 4 key members and their salaries:


Randy Coates (President)
  • Compensation: $83,350
  • Related: $0
  • Other: $0
Becky Coates (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gerald Thatcher (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rita Thatcher (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.coatesministries.com

Where can I find the form 990 for Coates Ministries Inc?

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


Official website here: www.coatesministries.com

Learn more at the official website: www.coatesministries.com

Mission Statement of Coates Ministries Inc

Coates Ministries Inc is committed to spreading the gospel of Jesus Christ and fostering spiritual growth in Kenya and East Africa. Their mission encompasses church mission, evangelism, church planting, discipleship, humanitarian relief, and development in these regions. The organization has actively preached the word of God to over 13,000 individuals in 283 villages, resulting in the establishment of 212 new churches. Coates Ministries has also extended its reach to remote areas of Northwest, Central, and Coastal Kenya, providing preaching, teaching, and training to local church leaders.

In addition to religious activities, Coates Ministries also extends a helping hand to underserved communities. They have delivered relief food to 400 villages, ensuring a six-month supply for each. Moreover, they have provided clothing, medicines, and other essentials to villages affected by drought, famine, diseases, insecurity, and rising food prices. The organization also sponsors primary, secondary, and university students, including those with physical and mental disabilities, by covering their school fees and living expenses.

Coates Ministries is also involved in various community development projects. They host weekly children's church and discipleship programs, direct and teach short-term ministry teams from the USA, survey and develop water wells in drought-prone villages, sponsor food, books, and transportation for students in village Bible-school locations, and sponsor daily feeding programs and salaries for teachers in early childhood development programs. Furthermore, they have constructed seven permanent church buildings and managed six adult literacy programs. Coates Ministries Inc's extensive efforts demonstrate their dedication to uplifting the spiritual and physical well-being of communities in Kenya and East Africa.

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Impact




July, 2024

Coates Ministries Inc has made a significant impact through its church mission, evangelism, church planting, discipleship, and humanitarian relief efforts in Kenya and East Africa. This organization has preached the gospel of Jesus Christ to over 13,000 people in 283 villages, leading to the establishment of 212 new churches and extending missions to remote regions.

Additionally, Coates Ministries Inc has provided relief food to 400 villages, delivered clothing and medicines to underserved communities affected by various challenges, including drought, famine, COVID, insecurity, and rising food prices. They have sponsored students at primary, secondary, and university levels, including those who are physically and mentally handicapped, with school fees and living expenses.

The organization has also directed weekly children's church and discipleship programs, hosted short-term ministry teams from the USA, developed water wells in drought-prone villages, sponsored educational programs, and constructed permanent church buildings. Through initiatives like adult literacy programs and early childhood development programs, Coates Ministries Inc has demonstrated a commitment to holistic community development in the region.




This information is meant to be a general summary of Coates 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.

Revenue
$1,506,098 (2022)
Expenses
$1,411,301 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,116
  • Gross Receipts: $1,506,098

Assets and Liabilities:

  • Total Assets: $329,718
  • Total Liabilities: $0
  • Net Assets: $329,718

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Organization Details

Founding Year

1996

Principal Officer

Randy Coates

Main Address

PO BOX 26, WEST BEND, IA, 50597

NTEE Category

Code: X20Z - Religion related

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