Sonrays Ministries Inc

Charity Navigator Rating: 42%, Zero-Star out of Four Star rating

Sonrays Ministries Inc has received a low score of 42%, primarily due to its Accountability & Finance metrics. The organization's rating is based entirely on this single beacon score, which reflects concerns about its governance structure, including a lack of independent board members and missing essential policies like whistleblower and document retention. This indicates potential weaknesses in transparency and oversight.

Strengths noted include the absence of material diversion of assets, which received full marks, and a favorable liabilities-to-assets ratio of 0.82%, suggesting a stable financial position. However, the organization falls short in critical areas such as board independence—only 40% of board members are independent—and the absence of its tax form on its website, which could hinder public trust.

Overall, while Sonrays Ministries Inc shows some financial stability, significant gaps in governance and transparency raise concerns about its operational effectiveness and accountability to donors and beneficiaries.

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

Sonrays Ministries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sonrays 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: $62,546
Professional Fundraising Fees: $0
Other Salaries and Wages: $85,153

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