Founders Ministries Inc

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

EIN: 650243661 ✦ Cape coral, FL ✦ Designated as a 501(c)(3)

Overview

What is Founders Ministries Inc?

Founders Ministries Inc, based in Cape Coral, Florida, is a nonprofit organization primarily focused on spreading the gospel of Jesus Christ. They achieve this through a ministry of teaching and encouragement, promoting both doctrine and devotion. Their key activities include the sale of religious publications on a subscription basis and direct sales of books, CDs, and DVDs. Additionally, they offer a weekly podcast to engage their audience further. The organization's mission is to proclaim the gospel of Jesus Christ, emphasizing the doctrines of grace and their practical application within local churches, particularly in areas of worship and witness. With a team of seven dedicated individuals, Founders Ministries Inc continues to serve and spread their faith-based message.


Is Founders Ministries Inc legitimate?

Founders Ministries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Founders 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.

Here are some key statistics you may want to consider:

Executive Compensation: $90,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $168,678

For more financial information, click here


What is the mission statement of Founders Ministries Inc?
Who is the CEO of Founders Ministries Inc?
What is the revenue of Founders Ministries Inc?
Who are the executives of Founders Ministries Inc and what are their salaries?
Where can I find the form 990 for Founders Ministries Inc?

Mission Statement of Founders Ministries Inc

Founders Ministries Inc, a non-profit organization, is dedicated to spreading the gospel of Jesus Christ. They accomplish this mission through a ministry of teaching and encouragement, promoting both doctrine and devotion. The organization's focus is on the doctrines of grace and their practical application within local churches, particularly in the areas of worship and witness. Founders Ministries Inc achieves this mission through the sale of publications on a subscription basis and direct sales of books, CDs, and DVDs. In addition, they offer a weekly podcast, providing further opportunities for spreading the gospel and promoting spiritual growth.

Impact

This information is meant to be a general summary of Founders Ministries Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




Saturday, July 20, 2024

Founders Ministries Inc's impact lies in its mission to proclaim the gospel of Jesus Christ through teaching and encouragement, promoting both doctrine and devotion expressed in the doctrines of grace. By providing publications, podcasts, and other resources, Founders Ministries Inc is actively supporting the local church in areas of worship and witness, contributing to the spiritual growth and understanding of believers who align with their theological beliefs. Their work serves to deepen the understanding and application of the doctrines of grace within the Christian community, fostering a greater appreciation for theological truths and their practical implications.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

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

  • Investment Income: $21,696
  • Program Service Revenue: $504,851
  • Gross Receipts: $1,432,586

    • Assets and Liabilities:
  • Total Assets: $1,590,726
  • Total Liabilities: $53,371
  • Net Assets: $1,537,355
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    Books & Merch Income

    Revenue

    $227,230

    National Conference

    Revenue

    $249,596

    Study Center

    Revenue

    $28,025

    Organization Details

    Founding Year

    1990

    Principal Officer

    Thomas K Ascol

    Main Address

    PO BOX 150931, Cape Coral, FL, 33915

    NTEE Category

    Code: X20 - Religion related

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