Overview
What is Tenfold Bpo?
Tenfold Bpo is a nonprofit organization situated in Colorado Springs, Colorado, with a ZIP code of 80918. They specialize in offering business systems to faith-based organizations, encompassing services such as receipting, accounting, payroll, software hosting, and technical support. Significantly, they operate at below-market costs, aiding thirty-one Christian not-for-profit organizations. Tenfold Bpo's mission is to enable these faith-based organizations to channel more of their resources towards their primary ministry objectives.
Official website here: www.tenfoldbpo.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 74%, earning a Two-Star out of Four Star rating.
Tenfold BPO has received a Two-Star rating from Charity Navigator, indicating that while there are some positive aspects to its operations, there are significant areas needing improvement, particularly in financial transparency. The organization boasts a high percentage of independent board members and has well-documented policies concerning conflicts of interest and whistleblower protections, suggesting a commitment to governance and accountability.
However, a notable limitation in their rating stems from the absence of financial statements, which raises concerns about transparency and the ability of stakeholders to fully assess the organization's financial health. The program expense ratio is commendable, reflecting a strong focus on programmatic spending. Nevertheless, the liabilities to assets ratio indicates potential financial risk that the organization needs to address moving forward.
This AI summary has been generated from information found on Charity Navigator.
Is Tenfold Bpo legitimate?
Tenfold Bpo is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tenfold Bpo 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: $153,599
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,288,614
For more financial information, click here
Official website here: www.tenfoldbpo.org
What is the mission statement of Tenfold Bpo?
Tenfold BPO's mission is to support faith-based organizations by providing them with essential business systems. This enables these organizations to allocate their internal resources more effectively towards their primary mission, which is often related to their religious beliefs or community service. Tenfold BPO offers a range of services, including receipting, accounting, payroll, enterprise software, software hosting, and technical support, at below-market costs. They have served over thirty-one Christian not-for-profit organizations in this capacity.
Official website here: www.tenfoldbpo.org
Who is the CEO of Tenfold Bpo?
Ken O'Brien is the President & Ceo of Tenfold Bpo. The CEO's salary of Tenfold Bpo is $138,584 and their total compensation is $151,310.
Official website here: www.tenfoldbpo.org
What is the revenue of Tenfold Bpo?
Tenfold Bpo's revenue in 2022 was $2,644,962.
Official website here: www.tenfoldbpo.org
Who are the executives of Tenfold Bpo and what are their salaries?
The average compensation at Tenfold Bpo during 2022 was $43,703. There are 33 employees and 10 volunteers at Tenfold Bpo.
Here are 12 key members and their salaries (Tenfold Bpo's CEO's salary is $138,584 and their total compensation is $151,310):
- Compensation: $138,584
- Related: $0
- Other: $12,726
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $104,405
- Related: $0
- Other: $517
Official website here: www.tenfoldbpo.org
Where can I find the form 990 for Tenfold Bpo?
Tenfold Bpo's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.tenfoldbpo.org
Learn more at the official website: www.tenfoldbpo.org
Mission Statement of Tenfold Bpo
Tenfold BPO, a company dedicated to business systems, plays a pivotal role in supporting faith-based organizations. Its mission is to divert internal resources away from administrative tasks and towards the primary goals of these religious not-for-profit entities. By offering services such as receipting, accounting, payroll, enterprise software, software hosting, and technical support at below-market costs, Tenfold BPO enables these organizations to concentrate on their core religious purposes more effectively. As a result, thirty-one Christian non-profit organizations have benefited from Tenfold BPO's services, allowing them to channel their resources more productively towards their religious and charitable objectives.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Tenfold BPO's impact is evident in how it has supported thirty-one Christian not-for-profit organizations by providing essential business systems at significantly below-market costs. This has enabled these organizations to redirect their internal resources towards fulfilling their core mission and purpose more effectively. Through services such as receipting, accounting, payroll, enterprise software, software hosting, and technical support, Tenfold BPO has played a crucial role in empowering these faith-based organizations to operate more efficiently and focus on their important work within their communities.
This information is meant to be a general summary of Tenfold Bpo. 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.
- Investment Income: $889
- Program Service Revenue: $2,288,241
- Gross Receipts: $2,644,962
Assets and Liabilities:
- Total Assets: $1,732,719
- Total Liabilities: $441,983
- Net Assets: $1,290,736
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Program Service Fees
Revenue
$2,288,241
Organization Details
Founding Year
2001
Phone
(719) 488-4175Principal Officer
Ken O'Brien
Main Address
5801 N Union Blvd 100, Colorado Springs, CO, 80918
Website
www.tenfoldbpo.orgNTEE Category
Code: X192 - Religion related
If you are a representative of Tenfold Bpo and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.