Overview
What is Finishing Fund Management Inc?
Finishing Fund Management Inc is a nonprofit organization that is dedicated to Christian Evangelism and Church Planting. They accomplish this mission by providing financial assistance to their ministry partners. In 2022, they granted a substantial sum of $2,433,386 to 25 different partners, enabling them to carry out projects that dispatch missionaries to communities and regions that have yet to hear the gospel. By supporting these initiatives, Finishing Fund Management helps extend the reach of Christianity to previously unengaged people groups and villages.
Official website here: www.finishingfund.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Stars)
Finishing Fund Management Inc has received a Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial health. With an overall score of 82%, the organization displays strong governance practices, particularly highlighted by its 100% independent board members and a high program expense ratio of 94.57%, demonstrating a commitment to directing funds towards its mission rather than administrative costs.
Despite its strengths, there are some notable gaps in the organization's policies. The absence of a whistleblower policy and a document retention and destruction policy were points of concern, indicating potential areas for improvement in transparency and organizational governance. These weaknesses could affect stakeholders' confidence in the nonprofit's operational practices.
Overall, while Finishing Fund Management Inc performs well in many fundamental areas, enhancing its governance policies could further strengthen its accountability and reputation among donors and the communities it serves.
This AI summary has been generated from information found on Charity Navigator.
Is Finishing Fund Management Inc legitimate?
Finishing Fund Management Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Finishing Fund Management 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: $0
For more financial information, click here
Official website here: www.finishingfund.org
What is the mission statement of Finishing Fund Management Inc?
Finishing Fund Management Inc's mission revolves around Christian evangelism and church planting. They accomplish this by providing financial assistance to their ministry partners. In 2022, they granted a significant sum of $2,433,386 to 25 different partners, enabling them to carry out projects aimed at bringing the gospel to people groups and villages that have yet to hear it. This non-profit organization's activities are focused on supporting missions that bring the message of faith to previously unreached communities.
Official website here: www.finishingfund.org
What is the revenue of Finishing Fund Management Inc?
Finishing Fund Management Inc's revenue in 2023 was $3,592,751.
Official website here: www.finishingfund.org
Who are the executives of Finishing Fund Management Inc and what are their salaries?
There is 1 employee and 9 volunteers at Finishing Fund Management Inc.
Here are 9 key members and their salaries:
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Official website here: www.finishingfund.org
Where can I find the form 990 for Finishing Fund Management Inc?
Finishing Fund Management Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.finishingfund.org
Learn more at the official website: www.finishingfund.org
Mission Statement of Finishing Fund Management Inc
Finishing Fund Management, a nonprofit organization, is dedicated to the mission of Christian evangelism and church planting. It accomplishes this by providing financial assistance to its ministry partners. In 2022, Finishing Fund Management granted a substantial sum of $2,433,386 to 25 partners. These funds were utilized for projects aimed at sending missionaries to communities and villages that have yet to hear the gospel. By supporting these initiatives, Finishing Fund Management plays a significant role in expanding the reach of Christianity to previously unreached people groups.
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Impact
July, 2024
Finishing Fund Management Inc's impact can be seen in its dedication to supporting Christian evangelism and church planting. In 2022 alone, the organization granted $2,433,386 to 25 partners for projects focused on sending missionaries to people groups and villages who have never been exposed to the gospel before. By providing funding to ministry partners, Finishing Fund Management Inc plays a crucial role in spreading the message of Christianity to those who may not have had access to it otherwise.
This information is meant to be a general summary of Finishing Fund Management 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 2023.
- Gross Receipts: $3,592,751
Assets and Liabilities:
- Total Assets: $523,820
- Total Liabilities: $0
- Net Assets: $523,820
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Organization Details
Founding Year
2017
Principal Officer
Douglas Cobb
Website
www.finishingfund.orgNTEE Category
Code: X20 - Religion related
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