The information for Salvation Church Of God Inc is as of the organization's most recent filing in December '17. This organization is located in Brooklyn, NY. It has been in existence for 0 years, following its founding in 2017.
The IRS classifies organizations according to the National Taxonomy of Exempt Entities (NTEE) system. The NTEE system helps the IRS assign a 3-character code to each organization to describe the organization's activities.
The Salvation Church Of God Inc's NTEE code is X20. The "X" tells us that the organization is classified as Religion-Related. The "20" tells us that the organization falls under the minor classification of Christianity. According to the NTEE description, this means that the organization provides opportunities for people to satisfy their inner needs and enhance their spiritual growth through organized worship or other devotional activities based on the teachings of Jesus Christ. The organization's mission is to further the word of God through Bible teachings and evangelism.
Within the program area of sharing the gospel of Jesus Christ, the organization has sent prayers to hospitals, homeless shelters, orphanages, and mental health institutions to pray for patients and their families. Additionally, the organization has provided worship services four times a week to the local community.
The Salvation Church Of God Inc. appears to have a relatively small governing body, consisting of 8 voting members, with 6 of them being independent. This indicates that the organization values diverse perspectives and input from individuals who are not directly affiliated with the church. However, it is worth noting that potential conflicts of interest exist within the organization, which may require careful management and transparency. One positive aspect of the organization's governance is that both board meetings and committee meetings are documented. This suggests a commitment to transparency and accountability, as decisions and discussions are recorded for future reference. Additionally, the organization provides copies of the 990 form to the board prior to filing, which further demonstrates a commitment to transparency and ensuring that board members are well-informed about the organization's financial activities. However, there are areas where the Salvation Church Of God Inc. could improve its governance practices. The organization does not have a conflict of interest policy, which could leave it vulnerable to potential conflicts among board members or individuals involved in decision-making processes. Similarly, the lack of a written whistleblower policy and document retention policy may hinder the organization's ability to effectively address and prevent misconduct or ensure proper record-keeping. Furthermore, the organization does not substantiate or review leadership and officer salaries, which could raise concerns about financial accountability and potential conflicts of interest. Without these policies and practices in place, it may be difficult for the organization to ensure that leadership compensation is fair and aligned with the organization's mission and financial capabilities. Overall, while the Salvation Church Of God Inc. demonstrates some positive governance practices, such as documenting meetings and providing financial information to the board, there are areas where the organization could strengthen its governance framework to enhance transparency, accountability, and mitigate potential conflicts of interest.
The Salvation Church Of God Inc has experienced growth over the given time period. This is evident in the increase in total revenue from $82.0K in 2016 to $774.3K in 2017. Additionally, the contributions and grants received remained the same at $774.3K in 2017, indicating stability and potential growth in the organization's funding. While other line items such as benefits paid to members, total expenses, and total volunteers remained the same, the significant increase in total revenue suggests that the nonprofit organization has grown financially.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Malory Laurent Minister | Officer | 40 | $48,000 |
Phenicien Pierre Finance | Officer | 0 | $0 |
Rolin Malval Treasurer | Officer | 0 | $0 |
Eddisson Jean Youth Leader | Trustee | 10 | $0 |
Gilbert Louis Counselor | Trustee | 10 | $0 |
Mikerline Laurent Counselor | Trustee | 10 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $774,250 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $774,250 |
Total Program Service Revenue | $0 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $774,250 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $48,000 |
Compensation of current officers, directors, key employees. | $48,000 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $16,030 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $4,785 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $2,100 |
Office expenses | $51,166 |
Information technology | $2,973 |
Royalties | $0 |
Occupancy | $46,524 |
Travel | $8,251 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $10,596 |
Insurance | $978 |
All other expenses | $0 |
Total functional expenses | $237,069 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $11,159 |
Savings and temporary cash investments | $524,430 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $86,159 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $621,748 |
Accounts payable and accrued expenses | $4,000 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $36,521 |
Other liabilities | $0 |
Total liabilities | $40,521 |
Unrestricted restricted net Assets | $581,227 |
Temporarily restricted net Assets | $0 |
Permanently restricted net Assets or current funds | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Total net assets or fund balances | $581,227 |
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