Morrell Ministries

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 871779649 ✦ Covington, GA ✦ Designated as a 501(c)(3)

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Overview

What is Morrell Ministries?

Morrell Ministries is a nonprofit organization situated in Covington, Georgia, specifically at 1481 Davis Ford Road. Their primary purpose is to collect and distribute charitable contributions towards religious and philanthropic ministry services, as endorsed by their board of directors. Their mission is centered around advancing the Apostolic Faith, demonstrating a commitment to supporting various ministry services through the allocation of funds.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 53%, One-Star out of Four Stars

Morrell Ministries has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The overall score is calculated solely based on the Accountability & Finance beacon, which reveals that the organization lacks independent board members and has not implemented critical policies such as conflict of interest or whistleblower protections. While the ministry has not diverted any assets and maintains a solid liabilities-to-assets ratio, it has scored poorly in areas crucial for transparency and governance.

Strengths of Morrell Ministries include a strong program expense ratio of 100%, suggesting that all of its expenditures are directed towards its programs, which is a positive indicator of its commitment to its mission. Additionally, the ministry has documented board meeting minutes available, indicating some level of operational transparency. However, the absence of key governance policies raises concerns about its overall management and oversight.

Despite its positive program expenditure, the lack of independent oversight and missing governance policies may hinder donor confidence and could impact the organization’s long-term sustainability. For potential supporters, understanding these limitations is essential before contributing to the charity.


This AI summary has been generated from information found on Charity Navigator.

Is Morrell Ministries legitimate?

Morrell Ministries is a legitimate nonprofit organization registered as a 501(c)(3) entity. Morrell Ministries 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 Morrell Ministries?

Morrell Ministries' mission is centered around receiving and distributing charitable contributions to support various ministry services and advance the teachings of the Apostolic Faith. Their objectives include using these contributions to fund religious and charitable programs, as approved by their board of directors. In essence, Morrell Ministries serves as a conduit for philanthropic contributions to further the causes of their faith and associated charitable works.

Who is the CEO of Morrell Ministries?

Kenneth Morrell is the President of Morrell Ministries.

What is the revenue of Morrell Ministries?

Morrell Ministries's revenue in 2022 was $500,064.

Who are the executives of Morrell Ministries and what are their salaries?


There is 1 key member and their salary:


Kenneth Morrell (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Morrell Ministries?

Morrell Ministries's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Morrell Ministries

Morrell Ministries, as a nonprofit organization, is committed to collecting and distributing charitable contributions for the purpose of advancing religious and charitable ministry services. Their primary mission revolves around facilitating funds to support various ministries, all in line with the Apostolic Faith. The organization's board of directors plays a significant role in approving the allocation of these contributions, ensuring they are utilized in a manner that aligns with their mission. By providing financial support to these ministries, Morrell Ministries contributes to a broader mission of positively impacting communities and individuals in need.

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Impact




July, 2024

Morrell Ministries's impact lies in its ability to receive and distribute charitable contributions for ministry services and the advancement of the Apostolic Faith. The organization plays a vital role in supporting various religious and charitable ministry services, as approved by its board of directors. Through its work, Morrell Ministries contributes to the spiritual growth and well-being of individuals and communities, making a meaningful difference in the lives of those it serves.




This information is meant to be a general summary of Morrell Ministries. 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.

Revenue
$500,064 (2022)
Expenses
$384,817 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $500,064

Assets and Liabilities:

  • Total Assets: $438,697
  • Total Liabilities: $9,654
  • Net Assets: $429,043

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Organization Details

Founding Year

2021

Principal Officer

Kenneth Morrell

Main Address

1481 Davis Ford Rd, Covington, GA, 30014

NTEE Category

Code: X20 - Religion related

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