Overview
What is Ministry Development Services Inc?
Ministry Development Services Inc, based in Indian Trail, North Carolina, is an ecumenical organization with a mission to foster and cultivate the growth of ministry and church leadership. They conduct assessments for individuals entering ordination and offer educational workshops for clergy and other church professionals, aiming to strengthen their roles within religious communities. With a small team of only two employees, this nonprofit plays a significant role in nurturing and supporting religious leaders.
Official website here: www.ministryds.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement, 61%)
Ministry Development Services Inc has received a two-star rating from Charity Navigator, indicating that there are several areas requiring improvement. The organization has strengths in board independence and financial management, with a high program expense ratio of 87.55%, suggesting that a significant portion of its resources is directed towards its programs. However, the overall score reflects concerns related to governance and transparency.
The organization has a perfect score for having an independent board and a documented board meeting process; however, it lacks critical policies, including a conflict of interest policy, whistleblower policy, and document retention policy. Furthermore, the nonprofit has not made its tax form publicly available on its website, which raises transparency concerns.
Financially, the organization has a concerning liabilities to assets ratio of 75.84%, which could indicate potential challenges in financial stability. These factors combined contribute to the overall "Needs Improvement" rating, highlighting the need for the organization to address its governance practices and transparency to enhance its credibility and effectiveness in serving its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Ministry Development Services Inc legitimate?
Ministry Development Services Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ministry Development Services 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: $50,672
For more financial information, click here
Official website here: www.ministryds.org
What is the mission statement of Ministry Development Services Inc?
Ministry Development Services Inc, as an ecumenical body, is committed to strengthening and nurturing the growth of ministry and church leadership. Their mission is to provide support and resources to individuals who are entering into ordination and conduct educational workshops for clergy and other church professionals. The organization aims to foster the development of strong and effective religious leaders, thereby contributing to the growth and strength of various religious communities.
Official website here: www.ministryds.org
Who is the CEO of Ministry Development Services Inc?
Stephen Mitchell Pastor is the Chair of Ministry Development Services Inc.
Official website here: www.ministryds.org
What is the revenue of Ministry Development Services Inc?
Ministry Development Services Inc's revenue in 2022 was $141,625.
Official website here: www.ministryds.org
Who are the executives of Ministry Development Services Inc and what are their salaries?
The average compensation at Ministry Development Services Inc during 2022 was $25,336. There are 2 employees at Ministry Development Services Inc.
Here are 4 key members and their salaries:
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- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
Official website here: www.ministryds.org
Where can I find the form 990 for Ministry Development Services Inc?
Ministry Development Services Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ministryds.org
Learn more at the official website: www.ministryds.org
Mission Statement of Ministry Development Services Inc
Ministry Development Services Inc, an ecumenical organization, is committed to fostering and nurturing the growth of ministry and church leadership. Their mission is to strengthen and empower individuals who are pursuing or already in leadership roles within the religious community. To achieve this, they conduct thorough assessments for candidates preparing for ordination and offer educational workshops tailored for clergy and other church professionals. These initiatives aim to equip and empower these individuals, thereby strengthening the overall leadership within the religious community.
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Impact
October, 2024
Ministry Development Services Inc significantly impacts the growth and effectiveness of ministry and church leadership by conducting assessments of candidates for ordination and offering educational workshops tailored for clergy and other church professionals. Through its ecumenical approach, the organization nurtures and strengthens the skills necessary for effective ministry, equipping leaders to better serve their communities. Located in Indian Trail, NC, its initiatives foster collaboration and shared learning among diverse denominations, ultimately enhancing the overall health and vitality of local churches. By focusing on professional development and support, Ministry Development Services Inc plays a crucial role in shaping the future of church leadership and ensuring a more impactful ministry.
This information is meant to be a general summary of Ministry Development Services 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.
- Program Service Revenue: $139,958
- Gross Receipts: $141,625
Assets and Liabilities:
- Total Assets: $14,549
- Total Liabilities: $11,034
- Net Assets: $3,515
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CANDIDATE ASSESSMENTS
Revenue
$138,788
COUNSELING SERVICES
Revenue
$1,170
Organization Details
Founding Year
2016
Phone
(704) 554-9222Principal Officer
Stephen Mitchell Pastor
Main Address
PO BOX 2634, INDIAN TRAIL, NC, 28079
Website
www.ministryds.orgNTEE Category
Code: P40 - Human services
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