Life Spring Network Inc

Charity Navigator Rating: 80%, Three-Star out of Four Star Rating

Life Spring Network Inc has received a Three-Star rating from Charity Navigator, indicating a solid performance in its accountability and finance practices. The score reflects a strong emphasis on financial management, with a 100% allocation to the Accountability & Finance beacon. The organization has demonstrated a commitment to transparency and responsible governance, earning full marks in critical areas such as independent board membership and the absence of material diversion of assets.

The evaluation highlights the effectiveness of Life Spring Network Inc’s governance structure, with 83% of its board members being independent. This independence contributes to a robust oversight of financial activities, illustrated by a low liabilities-to-assets ratio of 0.20%. Moreover, the organization maintains a conflict of interest policy and documents board meeting minutes, showcasing its dedication to ethical practices and accountability.

While the organization appears to be performing well in terms of financial management and governance, the Three-Star rating suggests there may still be room for improvement in other areas. Overall, the organization demonstrates a strong foundation for reliability and ethical conduct, making it a trustworthy option for potential donors and supporters.

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

Life Spring Network Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Life Spring Network 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: $20,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

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