Overview
What is Met By Love Ministries Inc?
Met By Love Ministries Inc is a faith-based nonprofit organization situated in Pisgah Forest, North Carolina. Their primary mission is to provide residential discipleship for individuals struggling with PTSD, addictions, homelessness, depression, suicidal thoughts, and veterans, at no cost. They offer a comprehensive support system, which includes housing, food, clothing, spiritual guidance, and love, aiming to help individuals overcome their challenges and lead fulfilling lives. The organization operates with a dedicated team of 19 employees, demonstrating their commitment to making a positive impact in the lives of those in need.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 61%, earning it a Two-Star out of Four Star rating. This rating indicates that Met By Love Ministries Inc has room for improvement in certain operational areas, particularly in accountability and finance. While the organization exhibits strong leadership adaptability and has a solid program expense ratio, it faces challenges in governance components, such as lack of independent board members and missing key policies.
The organization has demonstrated effective management of program expenses, allocating over 60% of its resources towards its mission. However, the absence of independent board members raises concerns about governance and oversight. Additionally, the lack of a whistleblower policy and missing documentation, such as board meeting minutes, suggests areas where transparency could be significantly enhanced.
Despite these shortcomings, Met By Love Ministries Inc has successfully mobilized its mission and invested in leadership development, reflecting a commitment to maintaining focus and effectiveness in its programs. Addressing the noted deficiencies in governance and financial practices could help improve its overall rating and public trust in its operations.
This AI summary has been generated from information found on Charity Navigator.
Is Met By Love Ministries Inc legitimate?
Met By Love Ministries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Met By Love 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: $233,565
Professional Fundraising Fees: $0
Other Salaries and Wages: $136,093
For more financial information, click here
What is the mission statement of Met By Love Ministries Inc?
Met By Love Ministries Inc operates a faith-based residential discipleship program that provides support to individuals struggling with PTSD, addictions, homelessness, depression, suicidal thoughts, and veterans at no cost. The mission of the organization is to offer a 12-month residential discipleship program where individuals are housed, fed, clothed, discipled, and shown love. The aim is to help them overcome their challenges and lead fulfilling lives. The program provides a safe and supportive environment where individuals can receive spiritual guidance, mental health support, and practical assistance to rebuild their lives. The organization's activities are centered around faith, discipline, and love, offering a holistic approach to healing and recovery.
Who is the CEO of Met By Love Ministries Inc?
Shawn Day is the President of Met By Love Ministries Inc.
What is the revenue of Met By Love Ministries Inc?
Met By Love Ministries Inc's revenue in 2022 was $1,078,393.
Who are the executives of Met By Love Ministries Inc and what are their salaries?
The average compensation at Met By Love Ministries Inc during 2022 was $19,456. There are 19 employees at Met By Love Ministries Inc.
Here are 4 key members and their salaries:
- Compensation: $85,054
- Related: $0
- Other: $0
- Compensation: $71,769
- Related: $0
- Other: $0
- Compensation: $76,742
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Met By Love Ministries Inc?
Met By Love Ministries Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Met By Love Ministries Inc
Met By Love Ministries Inc is a faith-based organization that offers a residential discipleship program for individuals struggling with PTSD, addictions, homelessness, depression, suicidal thoughts, and veterans. Their mission is to provide a no-cost, 12-month residential discipleship program. This program involves housing, feeding, clothing, discipling, and showing love to those in need. Met By Love Ministries Inc aims to help individuals overcome their struggles and rebuild their lives, offering them a safe and supportive environment. The organization's approach is rooted in faith and love, providing a holistic approach to healing and restoration.
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Impact
July, 2024
Met By Love Ministries Inc offers a vital service by providing faith-based residential discipleship to those struggling with addiction, PTSD, and other challenges in Pisgah Forest, NC. Through their no-cost 12-month program, they house, feed, clothe, disciple, and show love to individuals facing homelessness, depression, suicidal thoughts, and veterans in need. The impact of Met By Love Ministries Inc is evident in the transformation and support they provide to those in vulnerable situations, offering a path towards healing and recovery through faith and care.
This information is meant to be a general summary of Met By Love 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.
- Program Service Revenue: $635,516
- Gross Receipts: $1,078,393
Assets and Liabilities:
- Total Assets: $241,649
- Total Liabilities: $36,277
- Net Assets: $205,372
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LAWN CARE SERVICE
Revenue
$13,807
GIFT SHOP INCOME
Revenue
$621,709
Organization Details
Principal Officer
Shawn Day
Main Address
PO BOX 1389, PISGAH FOREST, NC, 28768
NTEE Category
Code: X01 - Religion related
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