Herndon Korean Baptist Church Inc

Charity Navigator Rating: 63%, earning it a Two-Star out of Four Star rating. This rating indicates that while Herndon Korean Baptist Church Inc demonstrates some strengths in its governance and financial practices, there are significant areas needing improvement. Their accountability and finance score stands at 63, suggesting a moderate level of transparency and responsibility in managing their resources.

The organization shows commendable governance structures, with a fully independent board and no material diversion of assets. They excel in having their website listed on the tax form and maintaining proper documentation of board meeting minutes. However, the absence of essential policies such as conflict of interest, whistleblower, and document retention significantly detracts from their overall accountability.

Additionally, the program expense ratio of 59.21% indicates that a little over half of their expenses are directed toward programs, which could be seen as a limitation in terms of resource allocation. Furthermore, the failure to post their tax form on their website raises concerns regarding financial transparency. Overall, while there are strengths in governance, the lack of critical policies and transparency measures highlights areas that need urgent attention.

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

Herndon Korean Baptist Church Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Herndon Korean Baptist Church 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: $49,200
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,400

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Official website here: www.h-kbc.org