Overview
What is Full Gospel World Missions Inc?
Full Gospel World Missions Inc is a nonprofit organization located at 101 Brittany Drive, Wayne, New Jersey. Their primary mission is to offer administrative and financial assistance in establishing and growing churches, spreading the message of Jesus Christ. Acting as a unified assembly of churches, they provide supervision, management, and development support, setting rules and regulations to guide their operations. Beyond church establishment, Full Gospel World Missions Inc also extends help to those in need and offers guidance to related ministries. With a modest workforce of two individuals, their goal is to spread faith and aid those in need.
Official website here: www.fgwm.net
What are the reviews and ratings of this charity?
Charity Navigator Rating: 54%, One-Star out of Four Star rating.
Full Gospel World Missions Inc has received a low rating of 54% from Charity Navigator, indicating significant concerns regarding its financial accountability and governance. The organization has no independent board members, which raises questions about its oversight and decision-making processes. Additionally, critical policies such as conflict of interest, whistleblower, and document retention are missing, suggesting a lack of transparency.
Despite these issues, the organization demonstrates a strong program expense ratio of 75.90%, which indicates that a substantial portion of its funding is directed towards its programs. However, the absence of financial statements and a posted tax form on its website limits the public’s ability to assess its financial health fully. Furthermore, while the organization has a low liabilities to assets ratio of 0.47%, the overall governance shortcomings significantly overshadow this positive aspect.
In summary, while Full Gospel World Missions Inc shows a commitment to its programs, the areas of governance and accountability require significant improvement to build trust and ensure effective operations.
This AI summary has been generated from information found on Charity Navigator.
Is Full Gospel World Missions Inc legitimate?
Full Gospel World Missions Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Full Gospel World Missions 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
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Other Salaries and Wages: $73,870
For more financial information, click here
Official website here: www.fgwm.net
What is the mission statement of Full Gospel World Missions Inc?
Full Gospel World Missions Inc, serving as the general assembly of a group of churches, offers administrative support and guidance to supervise, manage, and develop new churches. The organization establishes governing policies, setting rules and regulations to ensure smooth operations. Their mission is to provide financial and administrative support for developing and planting churches, spreading the gospel of Jesus Christ, and offering assistance to those in need. They also offer guidance to various ministries, aiming to help and support them in their mission.
Official website here: www.fgwm.net
Who is the CEO of Full Gospel World Missions Inc?
Hyun Ahn is the President of Full Gospel World Missions Inc.
Official website here: www.fgwm.net
What is the revenue of Full Gospel World Missions Inc?
Full Gospel World Missions Inc's revenue in 2022 was $568,389.
Official website here: www.fgwm.net
Who are the executives of Full Gospel World Missions Inc and what are their salaries?
The average compensation at Full Gospel World Missions Inc during 2022 was $36,935. There are 2 employees at Full Gospel World Missions Inc.
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Official website here: www.fgwm.net
Where can I find the form 990 for Full Gospel World Missions Inc?
Full Gospel World Missions Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.fgwm.net
Learn more at the official website: www.fgwm.net
Mission Statement of Full Gospel World Missions Inc
Full Gospel World Missions Inc, functioning as the general assembly of a group of churches, offers administrative support, guidance, and rules to effectively supervise, manage, and develop new churches. This organization's mission is to establish governing policies and regulations, aiming to foster the growth and planting of churches while adhering to biblical principles. In a broader context, Full Gospel World Missions Inc provides financial and administrative support to these churches, helping spread the Gospel of Jesus Christ. Moreover, the organization extends a helping hand to those in need and offers guidance to various ministries, contributing to their overall development.
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Impact
July, 2024
Full Gospel World Missions Inc's impact lies in its support and guidance in supervising, managing, developing, and planting churches. By establishing governing policies and regulations, the organization plays a crucial role in spreading the Gospel of Jesus Christ and providing assistance to those in need. Through its administrative and financial support, Full Gospel World Missions Inc contributes to the growth and establishment of churches and ministries, ultimately making a significant impact on the community and individuals seeking spiritual guidance and support.
This information is meant to be a general summary of Full Gospel World Missions 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.
- Gross Receipts: $568,389
Assets and Liabilities:
- Total Assets: $216,251
- Total Liabilities: $1,034
- Net Assets: $215,217
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Organization Details
Founding Year
1982
Phone
(973) 901-1719Principal Officer
Hyun Ahn
Main Address
101 BRITTANY DR, WAYNE, NJ, 07470
Website
www.fgwm.netNTEE Category
Code: X20 - Religion related
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