World Ministries A New Jersey Nonprofit Corporation

Charity Navigator Rating: 86% (Three-Star out of Four Stars)

World Ministries A New Jersey Nonprofit Corporation has received an 86% score from Charity Navigator, reflecting a solid performance in accountability and finance. The organization has demonstrated strong governance with a majority of independent board members, and it has maintained a healthy financial situation evidenced by a very low liabilities to assets ratio. Furthermore, a significant proportion of its expenses goes directly towards its programs, indicating effective use of resources.

Despite its strengths, the nonprofit has some areas for improvement. It lacks certain key policies, including a whistleblower policy and a document retention and destruction policy, which could enhance transparency and accountability. Additionally, the absence of posted board meeting minutes and the nonprofit’s tax form on its website may limit access to important information for stakeholders.

Overall, while World Ministries shows a commendable commitment to its mission and financial responsibility, addressing the noted deficiencies could bolster its governance practices and strengthen trust with its supporters.

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

World Ministries A New Jersey Nonprofit Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. World Ministries A New Jersey Nonprofit Corporation 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: $53,674
Professional Fundraising Fees: $0
Other Salaries and Wages: $201,591

For more financial information, click here

Official website here: www.worldmin.org