Abounding Prosperity Inc

Charity Navigator Rating: 80% (Three-Star out of Four Stars)

Abounding Prosperity Inc has received a Three-Star rating from Charity Navigator, reflecting an overall score of 80%. This score highlights the charity's strong accountability and financial management, which is crucial for donor trust. Notably, the organization excels in areas like program expense ratio and fundraising efficiency, indicating effective use of funds and low costs associated with fundraising efforts.

One of the strengths of Abounding Prosperity Inc is its independent board composition, achieving a perfect score in this area. Additionally, the organization has demonstrated responsible asset management and maintains a healthy liabilities-to-assets ratio. However, there are areas requiring improvement, particularly related to governance and transparency, as evidenced by low scores in the independent board size and the absence of crucial policies such as conflict of interest and whistleblower policies.

While the organization performs well in financial metrics, the gaps in governance policies may raise concerns for potential donors. Enhancing these aspects could further strengthen its accountability and overall effectiveness, providing greater assurance to stakeholders regarding the integrity of its operations.

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

Abounding Prosperity Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Abounding Prosperity 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: $2,213,391

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Official website here: www.aboundingprosperity.org