Overview
What is Tlc Ministries?
Tlc Ministries is a nonprofit organization located in Buford, Georgia, with an address at 3250 W Rock Quarry Rd. Their primary mission is to collect and distribute charitable contributions to numerous religious and charitable ministry services, as decided by their board of directors. Their activities are centered around promoting and advancing the Apostolic Faith through the support of ministry services.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73% (Two-Star out of Four Stars)
Tlc Ministries has received a rating of 73%, which translates to a Two-Star rating primarily based on its accountability and finance metrics. This score indicates that while the organization demonstrates a solid foundation in financial management, there may be areas that require improvement to reach a higher rating. The rating is based entirely on financial accountability, reflecting the organization’s commitment to transparency and responsible stewardship of resources.
The organization showcases significant strengths, including a fully independent board, with all 10 members being independent. This structure is beneficial for maintaining objectivity in decision-making. Additionally, Tlc Ministries has no material diversion of assets, indicating integrity in handling its funds. The organization also effectively documents board meeting minutes and maintains a strong liabilities to assets ratio, suggesting prudent financial practices.
However, despite these positive attributes, the overall score is somewhat limited by the absence of additional performance indicators that could provide a more comprehensive view of the organization’s impact and effectiveness. The Program Expense Ratio is impressive at 100%, meaning that all expenses are directed towards programs, but future evaluations could benefit from including measures of program outcomes or community impact to better assess overall effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Tlc Ministries legitimate?
Tlc Ministries is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tlc Ministries 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
For more financial information, click here
What is the mission statement of Tlc Ministries?
Tlc Ministries' mission is centered around receiving and distributing charitable contributions. These funds are primarily intended for supporting ministry services and fostering the principles of the Apostolic Faith. The organization's board of directors plays a crucial role in approving the allocation of these contributions to various religious and charitable ministries. In essence, Tlc Ministries serves as a conduit for philanthropic support, channeling resources towards the advancement of its religious and charitable objectives.
Who is the CEO of Tlc Ministries?
Timothy L Copeland is the President of Tlc Ministries.
What is the revenue of Tlc Ministries?
Tlc Ministries's revenue in 2022 was $135,134.
Who are the executives of Tlc Ministries and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Tlc Ministries?
Tlc Ministries's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Tlc Ministries
TLC Ministries, as an organization, is committed to receiving and distributing charitable contributions for the purpose of supporting ministry services and advancing the Apostolic Faith. In essence, the mission of TLC Ministries involves channeling donations towards various religious and charitable projects, all under the approval of their board of directors. The organization's role in this regard is to serve as a conduit, facilitating the allocation of resources to aid in the delivery of these ministry services and the propagation of the Apostolic Faith.
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Impact
October, 2024
Tlc Ministries has made a significant impact by facilitating the flow of charitable contributions to various religious and community services. By ensuring that these funds are disbursed in alignment with the Apostolic Faith, Tlc Ministries supports a range of initiatives that promote spiritual growth, community outreach, and humanitarian assistance. Based in Buford, GA, this organization plays a vital role in strengthening the network of ministries that provide essential services, empowering local communities, and fostering a greater sense of connection among those who share similar faith-driven objectives. Through its strategic allocation of resources, Tlc Ministries enhances the capacity of organizations to serve, enrich lives, and promote the values of faith and compassion in action.
This information is meant to be a general summary of Tlc Ministries. 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.
- Gross Receipts: $135,134
Assets and Liabilities:
- Total Assets: $3,311,120
- Total Liabilities: $151,935
- Net Assets: $3,159,185
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Organization Details
Founding Year
2014
Principal Officer
Timothy L Copeland
Main Address
3250 W Rock Quarry Rd, Buford, GA, 30519
NTEE Category
Code: X99 - Religion related
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