Overview
What is 10 Talents?
10 Talents is a Christian-focused nonprofit organization situated in Snohomish, Washington (98296). Their primary mission lies in providing evangelism and discipleship resources for both national and international use. In addition, they offer humanitarian aid to individuals in need, educational programs for children, youth, and adults, and consultation and professional services at reduced or no cost for churches and nonprofit organizations. This comprehensive approach aims to support and empower various communities, embodying the spirit of Christian charity.
Official website here: www.10talents.net
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
10 Talents has received a Two-Star out of Four Star rating from Charity Navigator, indicating a need for improvement in various areas. The organization scores well in program expense ratio and fundraising efficiency, suggesting that a significant portion of its financial resources is directed towards its programs, and it effectively raises funds with minimal costs. However, there are notable weaknesses in accountability and financial oversight, which have contributed to its overall score of 66%.
The organization has a fully independent board, which is a positive aspect, but it lacks an adequate board size and has not established several critical policies, including conflict of interest and whistleblower policies. Furthermore, the absence of financial statements raises concerns about transparency and accountability in its operations. While the organization has a material diversion of assets score of 20 out of 20, indicating appropriate handling of resources, the other deficiencies are significant.
In summary, while 10 Talents demonstrates strengths in its financial management and program focus, it faces considerable challenges in governance and accountability practices. Addressing these gaps could enhance its overall effectiveness and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is 10 Talents legitimate?
10 Talents is a legitimate nonprofit organization registered as a 501(c)(3) entity. 10 Talents 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
Official website here: www.10talents.net
What is the mission statement of 10 Talents?
10 Talents is a Christian charity dedicated to serving both nationally and internationally. Its primary mission involves providing resources for evangelism and discipleship, aiding those in need through humanitarian aid, and supporting educational programs for children, youth, and adults. Additionally, the charity offers consultation and professional services to churches and nonprofit organizations at reduced or no cost. In essence, 10 Talents aims to utilize its resources to positively impact lives and communities, promoting spiritual growth and social welfare.
Official website here: www.10talents.net
Who is the CEO of 10 Talents?
Norman Schulz is the Treasurer of 10 Talents.
Official website here: www.10talents.net
What is the revenue of 10 Talents?
10 Talents's revenue in 2022 was $2,025,057.
Official website here: www.10talents.net
Who are the executives of 10 Talents and what are their salaries?
There 20 volunteers at 10 Talents.
Here are 4 key members and their salaries:
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Official website here: www.10talents.net
Where can I find the form 990 for 10 Talents?
10 Talents's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.10talents.net
Learn more at the official website: www.10talents.net
Mission Statement of 10 Talents
10 Talents, as a Christian charity, is committed to providing a wide range of resources and services. Its primary mission is to offer evangelism and discipleship materials nationally and internationally, aiming to spread faith and promote spiritual growth. Additionally, the organization extends humanitarian aid to individuals in need, showing compassion and offering support during challenging times.
Beyond faith-based initiatives, 10 Talents also focuses on education. It provides programs and resources that cater to children, youth, and adults, fostering learning and personal development. This commitment to education is a vital part of the organization's mission, aiming to empower individuals and communities.
Furthermore, 10 Talents offers consultation and professional services to churches and nonprofits at reduced or no cost. This service is intended to support and strengthen other organizations, helping them to better serve their communities. By providing these resources, 10 Talents seeks to contribute to a larger network of charitable work and promote positive change in various communities.
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Impact
July, 2024
10 Talents has a significant impact through its mission to provide evangelism and discipleship resources nationally and internationally, offer humanitarian aid to those in need, support educational programs for children, youth, and adults, and provide consultation and professional services for churches and organizations at reduced or no cost. This organization plays a crucial role in spreading Christian values and supporting communities in various ways, making a positive difference in people's lives and contributing to the betterment of society.
This information is meant to be a general summary of 10 Talents. 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: $2,025,057
Assets and Liabilities:
- Total Assets: $382,464
- Total Liabilities: $110,684
- Net Assets: $271,780
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Organization Details
Founding Year
2016
Phone
(360) 927-7455Principal Officer
Norman Schulz
Main Address
20524 118TH AVENUE SE, SNOHOMISH, WA, 98296
Website
www.10talents.netNTEE Category
Code: A31 - Arts
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