Bnos Melech Of Lakewood Inc

Charity Navigator Rating: 46% (Zero-Star out of Four Stars)

Bnos Melech Of Lakewood Inc has received a low rating of 46% from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. With only 33% of its board members being independent and a complete lack of independent members on its board, the organization struggles in governance metrics. Additionally, its financial statements are not adequately reviewed, leading to a lack of transparency.

Despite these shortcomings, the nonprofit demonstrates some strengths; notably, it allocates 90.51% of its expenses directly to programs. This suggests that the majority of its resources are focused on its mission rather than administrative costs. Furthermore, it maintains a conflict of interest policy and has established guidelines for document retention and destruction, which are positive governance practices.

However, the organization is criticized for missing crucial elements such as an independent board majority, a whistleblower policy, and the posting of its tax documents on its website. These issues, alongside high salaries for its key individuals, raise questions about financial management and operational integrity. Overall, prospective donors should consider these factors carefully when evaluating support for this nonprofit.

This AI summary has been generated from information found on Charity Navigator.

Bnos Melech Of Lakewood Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bnos Melech Of Lakewood 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: $4,576,221

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