Iron Sharpens Iron Ministries Inc

Charity Navigator rating: 64%, Two-Star out of Four Star rating.

Iron Sharpens Iron Ministries Inc has received a Two-Star rating from Charity Navigator, indicating a need for improvement in its accountability and finance practices. The overall score primarily reflects issues related to financial transparency, as the organization has not made critical financial statements publicly available. A significant strength noted is the majority of independent board members, which bodes well for governance.

The organization has demonstrated a solid commitment to program expenses, with 82.51% of its funds directed towards its mission-related activities. However, the lack of essential policies, such as a whistleblower policy and a document retention strategy, raises concerns about its overall operational integrity. Furthermore, the absence of its website link on tax forms could hinder transparency efforts.

Despite these limitations, Iron Sharpens Iron Ministries Inc has shown no diversion of assets, which is a positive indicator of trustworthiness. To enhance its rating and public confidence, addressing the identified gaps in financial documentation and policy adherence will be crucial moving forward.

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

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

Heare are some key statistics you may want to consider:

Executive Compensation: $192,332
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

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