Overview
What is Victory Ministries Of Alaska Inc?
Victory Ministries of Alaska Inc, located in Wasilla, Alaska, is a nonprofit organization that specializes in connecting individuals of all ages with God through Christian camping and conference retreats. Their mission is realized through various programs, including summer camps. During these camps, over 1,000 individuals participate in sessions, with activities ranging from horse pack trips at Victory Bible Camp to outdoor adventures at Camp Li-Wa. The organization's camping experiences include lodging, meals, and engaging activities for their attendees. With a workforce of 17 dedicated individuals, Victory Ministries of Alaska Inc aims to foster spiritual growth and connection within their community.
Official website here: www.victorymin.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 85% (Three-Star out of Four Stars)
Victory Ministries of Alaska Inc has received an overall rating of 85%, indicating a solid performance in accountability and finance. The score reflects a robust commitment to transparency and effective financial management, with strengths in areas such as having a fully independent board and no material diversion of assets. The organization scored highly on several accountability metrics, including the presence of conflict of interest and whistleblower policies.
However, the nonprofit's fundraising efficiency ratio was notably low, scoring $0.002, which suggests that the organization may face challenges in generating funds relative to its expenses. Despite this limitation, the program expense ratio is strong at 86.45%, signifying that a significant portion of the funds raised is being directed towards its programs. Additionally, the working capital ratio of 3.02 years indicates a stable financial foundation, allowing for continued operations without immediate financial distress.
Overall, while Victory Ministries of Alaska Inc demonstrates strong governance and financial health, their fundraising effectiveness may require attention to enhance their operational sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Victory Ministries Of Alaska Inc legitimate?
Victory Ministries Of Alaska Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Victory Ministries Of Alaska 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $600,564
For more financial information, click here
Official website here: www.victorymin.org
What is the mission statement of Victory Ministries Of Alaska Inc?
Victory Ministries of Alaska Inc. is committed to connecting individuals of all ages with God through the medium of Christian camping and conference retreats. Their mission is focused on providing opportunities for spiritual growth and engagement, utilizing various programs such as summer camps, horse pack trips, and outdoor adventures. The ministry's camps offer comprehensive packages that include lodging, meals, and a range of engaging activities, catering to over a thousand campers annually at their different sessions.
Official website here: www.victorymin.org
Who is the CEO of Victory Ministries Of Alaska Inc?
Ward Hurlburt is the Vp & Chair of Victory Ministries Of Alaska Inc.
Official website here: www.victorymin.org
What is the revenue of Victory Ministries Of Alaska Inc?
Victory Ministries Of Alaska Inc's revenue in 2022 was $2,042,368.
Official website here: www.victorymin.org
Who are the executives of Victory Ministries Of Alaska Inc and what are their salaries?
The average compensation at Victory Ministries Of Alaska Inc during 2022 was $35,327. There are 17 employees at Victory Ministries Of Alaska Inc.
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Official website here: www.victorymin.org
Where can I find the form 990 for Victory Ministries Of Alaska Inc?
Victory Ministries Of Alaska Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.victorymin.org
Learn more at the official website: www.victorymin.org
Mission Statement of Victory Ministries Of Alaska Inc
Victory Ministries of Alaska Inc is dedicated to bridging a connection between individuals of all ages and God through the medium of Christian camping and conference retreats. This mission is accomplished through a variety of programs, including summer camps. During these camps, over a thousand individuals participate in various sessions, with Victory Bible Camp offering horse pack trips and Camp Li-Wa incorporating an outdoor adventure component into its offerings. The fees for these camps cover lodging, meals, and various activities. The primary objective of Victory Ministries of Alaska Inc is to facilitate a spiritual connection with God for individuals from diverse age groups, utilizing the unique setting of Christian camping and retreats.
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Impact
July, 2024
Victory Ministries Of Alaska Inc's impact can be seen in the lives of over 1,000 total campers who have attended their summer camps. By offering a variety of programs such as horse pack trips and outdoor adventure activities, they provide opportunities for individuals of all ages to connect with God through Christian camping experiences. Their mission to connect people with God through camping and conference retreats is evident in the transformative experiences they provide for their campers.
This information is meant to be a general summary of Victory Ministries Of Alaska 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 2022.
- Investment Income: -$30,595
- Program Service Revenue: $1,039,289
- Gross Receipts: $2,042,368
Assets and Liabilities:
- Total Assets: $5,610,379
- Total Liabilities: $203,820
- Net Assets: $5,406,559
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CAMP FEE & GUEST REVENUE
Revenue
$1,039,289
Organization Details
Founding Year
1951
Phone
(907) 745-4203Principal Officer
Ward Hurlburt
Main Address
PO BOX 875392, WASILLA, AK, 99687
Website
www.victorymin.orgNTEE Category
Code: Z99Z - Unknown
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