Overview
What is 222 Foundation?
The 222 Foundation is a 501C3 public charity, established with the purpose of investing in the future leaders of the Christian ministry worldwide. Based in Barrington, Illinois, this nonprofit organization provides both financial and spiritual support to seminary students. Their mission is multifaceted, aiming to foster personal growth, spiritual development, and ministry development in each of their student partners. The 222 Foundation places a strong emphasis on nurturing these future leaders, understanding that they play a crucial role in shaping the Christian ministry landscape globally. With a modest workforce of three individuals, the foundation is committed to empowering these future leaders.
Official website here: www.222foundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100% (Four-Star out of Four Stars)
The 222 Foundation has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The charity boasts a perfect score in this category, demonstrating effective management of its financial resources and transparency in operations. With a program expense ratio of 71.70%, it effectively allocates the majority of its funds toward its mission-related activities, showcasing a commitment to impact.
Furthermore, the foundation excels in culture and community engagement, scoring 100%. It actively collects feedback from stakeholders and utilizes this information to enhance its practices, indicating a responsive and community-oriented approach. The organization also maintains a fully independent board, which adds to its credibility and governance strength.
In terms of leadership and adaptability, the foundation again scored highly, with a perfect score. This reflects their commitment to professional development and adaptability, evidenced by their investment in team-building initiatives like StrengthsFinder. Overall, while the foundation presents many strengths, the scoring distribution indicates potential areas for improvement in leadership and community engagement, though these are relatively minor given its overall high ratings.
This AI summary has been generated from information found on Charity Navigator.
Is 222 Foundation legitimate?
222 Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. 222 Foundation 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: $110,250
Professional Fundraising Fees: $0
Other Salaries and Wages: $239,505
For more financial information, click here
Official website here: www.222foundation.org
What is the mission statement of 222 Foundation?
The 222 Foundation, a 501C3 public charity, was established with the mission to invest in the future leaders of Christian ministry worldwide. Beyond providing financial aid, the foundation aims to foster growth in three key areas for its student partners: personal development, spiritual enrichment, and ministry advancement. Through collaborations with seminary students, the 222 Foundation offers both financial and spiritual support.
Official website here: www.222foundation.org
What is the revenue of 222 Foundation?
222 Foundation's revenue in 2023 was $488,843.
Official website here: www.222foundation.org
Who are the executives of 222 Foundation and what are their salaries?
The average compensation at 222 Foundation during 2023 was $87,439. There are 4 employees and 50 volunteers at 222 Foundation.
Here are 10 key members and their salaries:
- Compensation: $110,250
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Official website here: www.222foundation.org
Where can I find the form 990 for 222 Foundation?
222 Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.222foundation.org
Learn more at the official website: www.222foundation.org
Mission Statement of 222 Foundation
The 222 Foundation, a recognized 501C3 public charity, was established with a mission to invest in the future leaders of Christian ministry worldwide. Beyond offering financial aid, the organization aims to support its student partners in three crucial areas: personal growth, spiritual growth, and ministry development. By partnering with seminary students and providing both financial and spiritual assistance, the 222 Foundation seeks to empower these future leaders to make a significant impact in their respective ministries.
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Impact
July, 2024
The 222 Foundation's impact lies in investing in the future Christian ministry leaders of the world. By partnering with seminary students and providing financial and spiritual support, the foundation is nurturing individuals who will play crucial roles in spreading the Christian message. Its mission to invest in personal growth, spiritual growth, and ministry development ensures that these student partners are well-equipped to make a significant impact in their communities and beyond. By focusing on education and empowerment, the 222 Foundation is actively shaping the future of Christian leadership.
This information is meant to be a general summary of 222 Foundation. 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.
- Investment Income: $13,328
- Gross Receipts: $899,057
Assets and Liabilities:
- Total Assets: $621,835
- Total Liabilities: $1,942
- Net Assets: $619,893
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Organization Details
Founding Year
2018
Principal Officer
Jim Jodrey
Website
www.222foundation.orgNTEE Category
Code: B82 - Education
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