Overview
What is Victory Christian Ministries Of Bradenton Inc?
Victory Christian Ministries of Bradenton Inc, located in Bradenton, Florida, is a compassionate nonprofit organization with a strong focus on spiritual development and outreach. In 2020, they served their community by ministering to individuals, providing food to the hungry, supporting an orphanage, and offering prayers for those in need, impacting around 4,000 people. Their mission is to guide individuals towards spiritual maturation, offering counseling and engaging in activities that promote the Gospel of Jesus Christ and spread God's love. They carry out these objectives through various activities such as missions work, acts of service, and benevolence towards the financially needy and distressed. With a small team of one employee, this organization's dedication to its mission is evident in its community service and spiritual support.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 50%, One-Star out of Four Star rating.
Victory Christian Ministries Of Bradenton Inc has received a low rating primarily due to its accountability and financial practices. While the organization boasts a fully independent board and has no reported asset diversions, it falls short in several governance areas. Specifically, it lacks a whistleblower policy and a document retention policy, which are critical for transparency and accountability.
The financial metrics indicate that the organization has a program expense ratio of 56.66%, suggesting that over half of its expenditures are directed toward programs. However, its liabilities to assets ratio of 67.20% raises concerns about financial stability. The absence of key documents, such as tax forms on the website, points to a need for improvement in communication and transparency with stakeholders.
Overall, while the organization demonstrates some strengths in governance, significant gaps in policy and financial health contribute to its low rating. Enhancing these areas may improve its standing and trust among donors and the community.
This AI summary has been generated from information found on Charity Navigator.
Is Victory Christian Ministries Of Bradenton Inc legitimate?
Victory Christian Ministries Of Bradenton Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Victory Christian Ministries Of Bradenton 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: $51,021
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Victory Christian Ministries Of Bradenton Inc?
Victory Christian Ministries of Bradenton Inc. is committed to facilitating the spiritual growth and maturation of individuals. The organization provides spiritual guidance and counseling to aid in this development. Their activities are centered around furthering the Gospel of Jesus Christ and spreading God's love. This is achieved through missions work, prayers, acts of service, and benevolence towards financially struggling individuals and orphanages. In 2020, their impact included ministering to numerous people, providing food for the hungry, aiding an orphanage, and offering prayers for those in need, totalling approximately four to five thousand individuals.
Who is the CEO of Victory Christian Ministries Of Bradenton Inc?
Mary Owens is the President of Victory Christian Ministries Of Bradenton Inc.
What is the revenue of Victory Christian Ministries Of Bradenton Inc?
Victory Christian Ministries Of Bradenton Inc's revenue in 2021 was $79,802.
Who are the executives of Victory Christian Ministries Of Bradenton Inc and what are their salaries?
The average compensation at Victory Christian Ministries Of Bradenton Inc during 2021 was $51,021. There is 1 employee at Victory Christian Ministries Of Bradenton Inc.
Here are 10 key members and their salaries:
- Compensation: $44,818
- Related: $0
- Other: $75,000
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- Other: $0
Where can I find the form 990 for Victory Christian Ministries Of Bradenton Inc?
Victory Christian Ministries Of Bradenton Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Victory Christian Ministries Of Bradenton Inc
Victory Christian Ministries Of Bradenton Inc is dedicated to supporting the spiritual growth and development of individuals. As part of its mission, the organization offers spiritual guidance and counseling to help individuals mature spiritually. Beyond this, Victory Christian Ministries engages in various activities that promote the teachings of Jesus Christ and spread God's love to the world. These activities include missions work, prayer, acts of service, and benevolence towards the financially needy and distressed. In 2020 alone, the organization made a significant impact by ministering to numerous people, providing food to the hungry, aiding an orphanage, and offering prayers for those in need, collectively impacting around four to five thousand individuals.
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Impact
August, 2024
Victory Christian Ministries Of Bradenton Inc plays a significant role in aiding individuals in their spiritual growth and maturity. In 2020 alone, the organization made a tangible impact by ministering to people, providing assistance to the hungry, supporting an orphanage, and offering prayers for those in need. This resulted in an overall impact on approximately four to five thousand individuals. Through their focus on spiritual guidance, counseling, missions work, prayer, and acts of service, Victory Christian Ministries actively spreads the Gospel of Jesus Christ and shares the message of God's love. By engaging in such activities, they serve as a beacon of hope and support to those in need, particularly in the Bradenton, FL community.
This information is meant to be a general summary of Victory Christian Ministries Of Bradenton 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 2021.
- Investment Income: $1
- Gross Receipts: $79,802
Assets and Liabilities:
- Total Assets: $2,878,266
- Total Liabilities: $1,618,634
- Net Assets: $1,259,632
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Organization Details
Founding Year
2016
Phone
(941) 224-8350Principal Officer
Mary Owens
Main Address
10623 Cheval Place, Bradenton, FL, 34202
NTEE Category
Code: P20 - Human services
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