Overview
What is Petra International Ministries Inc?
Petra International Ministries Inc, based in Bozeman, Montana, is a nonprofit organization dedicated to supporting multiple U.S. churches in their missions and ministries. Their primary focus lies in facilitating and organizing short-term mission trips to Nicaragua and Colombia. By providing instruction and training, they assist these churches in carrying out their humanitarian endeavors effectively. The organization serves as a bridge, connecting U.S. churches with opportunities to make a positive impact in these foreign countries.
Official website here: www.petramissions.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 1-Star out of Four Stars (52%)
Petra International Ministries Inc has received a low rating of 52%, reflecting significant concerns regarding its accountability and financial practices. Notably, the organization has a 0% score for independent board members, indicating a lack of oversight which can be crucial for transparency. Additionally, key governance policies such as conflict of interest and whistleblower policies are missing, which raises red flags about the organization's internal controls.
Despite these issues, Petra International Ministries demonstrates a strong commitment to its mission with a high program expense ratio of 93.25%. This suggests that a substantial portion of its funds is directed towards its programs rather than administrative expenses. However, the absence of financial statements and other critical documentation limits the ability of stakeholders to fully assess the charity's operations and financial health.
Overall, while Petra International Ministries shows promise in its dedication to program spending, the lack of independent oversight and essential governance policies presents significant limitations that potential donors should consider carefully.
This AI summary has been generated from information found on Charity Navigator.
Is Petra International Ministries Inc legitimate?
Petra International Ministries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Petra International 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: $112,080
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.petramissions.org
What is the mission statement of Petra International Ministries Inc?
Petra International Ministries Inc's mission is centered around assisting multiple U.S. churches in their missionary work. They achieve this by providing instruction, training, and facilitation. Furthermore, they aid in organizing short-term mission trips for these churches, specifically to Nicaragua and Colombia. The organization's goal is to support the missionary efforts of these churches and help them effectively carry out their trips.
Official website here: www.petramissions.org
Who is the CEO of Petra International Ministries Inc?
Jared Cox is the Executive Dir. of Petra International Ministries Inc.
Official website here: www.petramissions.org
What is the revenue of Petra International Ministries Inc?
Petra International Ministries Inc's revenue in 2022 was $743,794.
Official website here: www.petramissions.org
Who are the executives of Petra International Ministries Inc and what are their salaries?
Here are 6 key members and their salaries:
- Compensation: $78,600
- Related: $0
- Other: $33,480
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.petramissions.org
Where can I find the form 990 for Petra International Ministries Inc?
Petra International Ministries Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.petramissions.org
Learn more at the official website: www.petramissions.org
Mission Statement of Petra International Ministries Inc
Petra International Ministries Inc is dedicated to aiding multiple U.S. churches in their missions and ministries. The organization's mission encompasses teaching, training, and facilitating these churches, as well as assisting in the organization of their short-term mission trips to Nicaragua and Colombia. By doing so, Petra International Ministries Inc helps these churches expand their reach and impact in these countries, ultimately contributing to their overall mission objectives. The organization's role is crucial in organizing these trips, ensuring that they run smoothly and effectively, thereby allowing the churches to focus on their primary mission of providing aid and support to communities in need.
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Impact
July, 2024
Petra International Ministries Inc plays a crucial role in equipping and supporting multiple U.S. churches in their missions ministries. By providing teaching, training, and facilitation, Petra International Ministries Inc helps these churches effectively organize and carry out their short-term team mission trips to Nicaragua and Colombia. This impact extends beyond borders, empowering churches to engage in global outreach and make a positive difference in communities abroad.
This information is meant to be a general summary of Petra International 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $743,794
Assets and Liabilities:
- Total Assets: $256,320
- Total Liabilities: $0
- Net Assets: $256,320
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Organization Details
Founding Year
2016
Phone
(406) 599-7665Principal Officer
Jared Cox
Main Address
601 Arrow Trl, Bozeman, MT, 59718
Website
www.petramissions.orgNTEE Category
Code: X20 - Religion related
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