Overview
What is Buddy Hoffman Foundation?
The Buddy Hoffman Foundation, based in Snellville, Georgia, is a nonprofit organization closely affiliated with the Grace Family of Churches. Their primary mission is to identify and develop future religious leaders by providing them with mentorship and practical learning experiences. In 2021, they successfully discipled 20 individuals through their Fellowship program, preparing them to contribute to new church plants and advance the Kingdom of God as part of the great commission. The foundation also supports three Grace churches financially. Their broader objective is to foster a network of healthy churches that nurture the next generation of leaders, propagate new churches, and stimulate Jesus movements, particularly in Muslim communities.
Official website here: www.gfc.tv
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, Overall Score: 69%)
The Buddy Hoffman Foundation has received a two-star rating from Charity Navigator, indicating a need for improvement in its overall operations and accountability. The foundation boasts a strong majority of independent board members and has a favorable liabilities to assets ratio, showing financial stability. However, the lack of financial statements and missing key policies such as a whistleblower and document retention policy are significant areas of concern.
While the foundation has demonstrated good program expense efficiency with over 67% of expenses allocated to its programs, the absence of publicly available financial documentation raises questions about transparency. The foundation's website is appropriately listed on its tax form, yet crucial financial documents are not posted online, which is a notable limitation regarding accessibility for potential donors and stakeholders.
Overall, while the Buddy Hoffman Foundation has strengths in its governance structure, it must address its transparency and policy shortcomings to enhance its accountability and trustworthiness in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Buddy Hoffman Foundation legitimate?
Buddy Hoffman Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Buddy Hoffman 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: $76,416
Professional Fundraising Fees: $0
Other Salaries and Wages: $113,827
For more financial information, click here
Official website here: www.gfc.tv
What is the mission statement of Buddy Hoffman Foundation?
The Buddy Hoffman Foundation's mission is to foster a movement of flourishing churches, nurturing emerging leaders, and initiating Jesus movements within the Muslim community worldwide. By collaborating with the Grace Family of Churches, they identify and cultivate young leaders, providing them with mentorship and practical training to prepare them for leading new church plants and advancing the Kingdom of God. In 2021, 20 individuals were mentored through the Foundation's Fellowship program, who then went on to contribute to the fulfillment of the Great Commission. Furthermore, the Foundation financially supports three Grace churches to strengthen their ministries.
Official website here: www.gfc.tv
Who is the CEO of Buddy Hoffman Foundation?
Danny Spinks is the CEO of Buddy Hoffman Foundation The CEO's salary of Buddy Hoffman Foundation is $0 and their total compensation is $0.
Official website here: www.gfc.tv
What is the revenue of Buddy Hoffman Foundation?
Buddy Hoffman Foundation's revenue in 2023 was $627,550.
Official website here: www.gfc.tv
Who are the executives of Buddy Hoffman Foundation and what are their salaries?
The average compensation at Buddy Hoffman Foundation during 2023 was $38,049. There are 5 employees and 6 volunteers at Buddy Hoffman Foundation.
Here are 6 key members and their salaries (Buddy Hoffman Foundation's CEO's salary is $0 and their total compensation is $0):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $25,001
- Related: $0
- Other: $55,000
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.gfc.tv
Where can I find the form 990 for Buddy Hoffman Foundation?
Buddy Hoffman Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.gfc.tv
Learn more at the official website: www.gfc.tv
Mission Statement of Buddy Hoffman Foundation
The Buddy Hoffman Foundation, an organization dedicated to its mission, aims to foster a movement of thriving churches. These churches serve to nurture emerging leaders, establish new congregations, and ignite Jesus movements within the Muslim world. The foundation's primary objective is to cultivate a generation of healthy church leaders who are equipped to plant new churches and contribute to the expansion of God's Kingdom. In 2021, the foundation successfully discipled twenty individuals through its Fellowship program, preparing them for significant roles in fulfilling the Great Commission. Furthermore, the Buddy Hoffman Foundation supports three churches from the Grace Family of Churches financially, enabling them to carry out their religious activities effectively.
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Impact
July, 2024
The impact of the Buddy Hoffman Foundation is significant in cultivating a movement of healthy churches that are raising up next generation leaders, planting churches, and catalyzing Jesus movements in the Muslim world. Through its Fellowship program, the foundation identifies and disciples young leaders, preparing them to lead new church plants and further the Kingdom of God. In 2021, twenty individuals were equipped and sent out to make an impact in line with the great commission. Additionally, three Grace churches were financially supported, contributing to the overall mission of building a network of thriving churches and empowering leaders to spread the message of Jesus.
This information is meant to be a general summary of Buddy Hoffman 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: $61,998
- Gross Receipts: $627,550
Assets and Liabilities:
- Total Assets: $1,267,211
- Total Liabilities: $12,522
- Net Assets: $1,254,689
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Organization Details
Founding Year
2018
Principal Officer
Scott Kindig
Website
www.gfc.tvNTEE Category
Code: X20 - Religion related
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