Overview
What is Ministers Fellowship International Inc?
Ministers Fellowship International Inc, located in Portland, Oregon, is a nonprofit organization with a mission to foster meaningful relationships among its minister members. By establishing strong connections, the organization aims to empower these ministers, making them more capable in their vocations, which ultimately contributes to the growth and multiplication of robust local churches worldwide. With a dedicated workforce of three individuals, Ministers Fellowship International Inc plays a significant role in the religious community, fostering unity and effectiveness among its members.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 52% (One-Star out of Four Star rating)
Ministers Fellowship International Inc has received a low rating of 52% from Charity Navigator, indicating significant concerns regarding its accountability and financial management. The organization has no independent board members, which raises questions about governance and oversight. Additionally, it lacks essential policies such as conflict of interest and whistleblower policies, which are critical for transparency and ethical practices.
Despite these governance issues, the organization shows a strong commitment to its programs, with a program expense ratio of 83.25%. This suggests that a substantial majority of its expenses are directed toward its mission-related activities rather than administrative costs. However, the absence of financial statements and critical governance documents on its website diminishes trust and could hinder potential donations from stakeholders seeking transparency.
The non-profit has a solid liabilities to assets ratio of -5.52%, indicating it may be managing its financial obligations effectively. Nevertheless, the overall lack of independent oversight and missing financial documentation suggests that potential donors should exercise caution and seek further information before contributing.
This AI summary has been generated from information found on Charity Navigator.
Is Ministers Fellowship International Inc legitimate?
Ministers Fellowship International Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ministers Fellowship International 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: $77,271
Professional Fundraising Fees: $0
Other Salaries and Wages: $92,426
For more financial information, click here
What is the mission statement of Ministers Fellowship International Inc?
Ministers Fellowship International Inc's mission statement revolves around fostering meaningful relationships among its minister members, aiming to enhance their effectiveness in their religious callings. The primary objective is to aid in the establishment and growth of robust local churches worldwide. By promoting these relationships, the organization aims to empower ministers to make a significant impact in their communities.
Who is the CEO of Ministers Fellowship International Inc?
Frank Damazio is the Chairman of Ministers Fellowship International Inc.
What is the revenue of Ministers Fellowship International Inc?
Ministers Fellowship International Inc's revenue in 2022 was $540,139.
Who are the executives of Ministers Fellowship International Inc and what are their salaries?
The average compensation at Ministers Fellowship International Inc during 2022 was $56,566. There are 3 employees at Ministers Fellowship International Inc.
Here are 16 key members and their salaries:
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Where can I find the form 990 for Ministers Fellowship International Inc?
Ministers Fellowship International Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Ministers Fellowship International Inc
Ministers Fellowship International Inc, in its mission, aims to foster meaningful relationships among its member ministers. This organization believes in the strength of unity and collaboration, recognizing that by working together, ministers can become more effective in their individual callings. The ultimate goal is to build and multiply strong local churches worldwide. By providing a platform for these relationships, Ministers Fellowship International Inc aims to empower its members, enabling them to make a significant impact in their communities and beyond.
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Impact
July, 2024
Ministers Fellowship International Inc's impact lies in creating meaningful relationships among member ministers, empowering them to excel in their callings and effectively build and expand strong local churches worldwide. By facilitating connections and support among ministers, MFI plays a crucial role in strengthening the church community and advancing the work of its members.
This information is meant to be a general summary of Ministers Fellowship International 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.
- Program Service Revenue: $1,962
- Gross Receipts: $540,139
Assets and Liabilities:
- Total Assets: $195,400
- Total Liabilities: -$6,981
- Net Assets: $202,381
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
VISION
Revenue
$1,962
Organization Details
Phone
(503) 252-4634Principal Officer
Frank Damazio
Main Address
9200 NE FREMONT ST, PORTLAND, OR, 97220
NTEE Category
Code: Z99Z - Unknown
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