Overview
What is Advance Ministries Inc?
Advance Ministries Inc, located in Lake Havasu City, Arizona, functions as a nonprofit organization with a profound mission. Their primary objective is to disseminate the message of Jesus Christ, accomplishing this through the mediums of Christian radio and television. By employing these platforms, they aim to spread the teachings and values of Christianity, reaching out to a wide audience. The organization is headquartered at PO Box 747, Lake Havasu City, AZ 86405.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 0%
Advance Ministries Inc has received a 0% rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The low score reflects a lack of independent board members, with none out of eight being independent, which raises issues about governance and oversight. Additionally, the absence of key financial documentation and policies further contributes to the unfavorable assessment.
The organization's financial ratios reveal a concerning liability-to-assets ratio of 245.64%, suggesting potential financial instability. However, it is noteworthy that Advance Ministries Inc reported a program expense ratio of 84.28%, indicating that a substantial portion of its spending is directed towards its programs rather than administrative costs. This could signal a commitment to its mission despite the troubling governance issues.
Overall, while Advance Ministries Inc demonstrates a focus on programmatic spending, the lack of transparency and accountability, highlighted by missing policies and documentation, suggests that potential donors should approach with caution. The absence of independent oversight may pose risks to the organization’s sustainability and credibility in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Advance Ministries Inc legitimate?
Advance Ministries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Advance 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: $63,158
Professional Fundraising Fees: $0
Other Salaries and Wages: $159,300
For more financial information, click here
What is the mission statement of Advance Ministries Inc?
Advance Ministries Inc is dedicated to spreading the message of Jesus Christ. They achieve this mission through the medium of Christian radio and television. Their primary goal is to disseminate the teachings of Jesus Christ, reaching out to a wide audience. The organization uses these platforms to share faith-based messages and inspire individuals through religious programming. By utilizing Christian radio and television, Advance Ministries Inc aims to spread the gospel of Jesus Christ, fostering spiritual growth and enrichment for its listeners.
What is the revenue of Advance Ministries Inc?
Advance Ministries Inc's revenue in 2023 was $799,760.
Who are the executives of Advance Ministries Inc and what are their salaries?
Here are 5 key members and their salaries:
- Compensation: $37,417
- Related: $0
- Other: $0
- Compensation: $25,741
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Advance Ministries Inc?
Advance Ministries Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Advance Ministries Inc
Advance Ministries Inc, a nonprofit organization, is dedicated to spreading the message of Jesus Christ. They achieve this mission through the mediums of Christian radio and television. The organization's primary objective is to use these platforms to broadcast the gospel, thereby reaching out to a wide audience and sharing the teachings of Jesus Christ. By leveraging radio and television, Advance Ministries Inc seeks to make a significant impact in spreading the word of God, touching the lives of many and fostering spiritual growth.
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Impact
July, 2024
Advance Ministries Inc's impact lies in its dedicated efforts to spread the Gospel of Jesus Christ through Christian radio and television. This organization based in Lake Havasu City, AZ, plays a vital role in reaching out to individuals through these platforms, providing spiritual guidance, support, and inspiration to a wide audience. By utilizing media as a means to share the message of Christianity, Advance Ministries Inc contributes to strengthening faith, promoting positive values, and fostering a sense of community among believers. Through their mission-focused work, they have the potential to touch lives, offer comfort, and encourage spiritual growth among those who tune in to their broadcasts.
This information is meant to be a general summary of Advance 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 2023.
- Gross Receipts: $799,760
Assets and Liabilities:
- Total Assets: $337,586
- Total Liabilities: $829,271
- Net Assets: -$491,685
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Organization Details
Founding Year
1994
Principal Officer
Richard Tatham
NTEE Category
Code: X21 - Religion related
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