Overview
What is Proyecto Fuerte Pregon?
Proyecto Fuerte Pregon is a nonprofit organization situated in Tyler, Texas, with an address at 4007 Lazy Creek Drive. Their primary objective is to spread the message of salvation by offering free religious materials and workshops. This community-focused organization aims to provide individuals with resources and opportunities to deepen their faith and understanding of their beliefs. The mission of Proyecto Fuerte Pregon is to positively impact people's lives, fostering spiritual growth and fostering a sense of community through their initiatives.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 61%, Two-Star out of Four Star rating.
Proyecto Fuerte Pregon has received a Two-Star rating from Charity Navigator, indicating a moderate level of accountability and financial health. The organization excels in certain areas, such as having a fully independent board and a solid program expense ratio of 85.42%, which suggests that a significant portion of their expenses supports their programs directly. The organization has taken steps to ensure transparency by documenting board meeting minutes and having no material diversion of assets.
However, the organization faces challenges in its financial management, as evidenced by a liabilities to assets ratio of 65.43%, indicating a high level of liabilities compared to its assets. This could raise concerns regarding financial stability and the ability to sustain operations in the long term. Additionally, the compensation for key personnel, particularly the Director's salary of $170,762, is noteworthy and might attract scrutiny regarding the efficiency of fund allocation.
In summary, while Proyecto Fuerte Pregon demonstrates strong governance practices, its financial ratios suggest that it may need to address its liabilities to enhance overall stability and effectiveness. Continuous improvement in these areas could help the organization achieve a higher rating in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Proyecto Fuerte Pregon legitimate?
Proyecto Fuerte Pregon is a legitimate nonprofit organization registered as a 501(c)(3) entity. Proyecto Fuerte Pregon 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
What is the mission statement of Proyecto Fuerte Pregon?
Proyecto Fuerte Pregon's mission is centered around spreading the message of salvation. They accomplish this by providing free religious materials and conducting workshops. The goal is to make this information accessible to all, promoting the spread of their beliefs. The organization's activities primarily focus on sharing religious teachings, aiming to inspire and educate individuals through their offerings.
Who is the CEO of Proyecto Fuerte Pregon?
Juan Ramon Rivera is the Director of Proyecto Fuerte Pregon.
What is the revenue of Proyecto Fuerte Pregon?
Proyecto Fuerte Pregon's revenue in 2021 was $1,062,206.
Who are the executives of Proyecto Fuerte Pregon and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $48,850
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Proyecto Fuerte Pregon?
Proyecto Fuerte Pregon's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Proyecto Fuerte Pregon
Proyecto Fuerte Pregon is dedicated to spreading the message of salvation freely. They accomplish this mission by distributing religious materials and conducting workshops. Through these initiatives, they aim to share the good news and its transformative power with individuals.
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Impact
July, 2024
Proyecto Fuerte Pregon's impact lies in its dedication to sharing the good news of salvation through free religious materials and workshops. By providing these resources and educational opportunities, the organization plays a crucial role in spreading its message and engaging with the community on matters related to faith. This impact can be seen in the individuals who are touched by the materials and workshops provided, potentially leading to spiritual growth and a deeper connection to their beliefs.
This information is meant to be a general summary of Proyecto Fuerte Pregon. 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 2021.
- Program Service Revenue: $1,061,096
- Gross Receipts: $1,062,206
Assets and Liabilities:
- Total Assets: $785,582
- Total Liabilities: $230,926
- Net Assets: $554,656
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DIRECT PUBLIC SUPPORT
Revenue
$1,061,096
Organization Details
Founding Year
2020
Phone
(951) 429-4369Principal Officer
Juan Ramon Rivera
Main Address
4007 LAZY CREEK DR, TYLER, TX, 75707
NTEE Category
Code: X80 - Religion related
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