The Nazareth Project

Charity Navigator Rating: 88% (Three-Star out of Four Star rating)

The Nazareth Project has earned a Three-Star rating from Charity Navigator, reflecting a robust Accountability & Finance score of 88%. This high score indicates that the organization has a solid financial structure, with 100% of its board members being independent. The majority of its governance practices are strong, as evidenced by a high rating for its audit and oversight committee and a favorable liabilities to assets ratio.

Strengths of the organization include a significant commitment to transparency and financial responsibility, demonstrated by a high program expense ratio of 85.47%, ensuring that a large portion of its funds directly supports its mission. Additionally, the organization has a thorough conflict of interest policy and maintains proper documentation of board meeting minutes, which contributes to its positive assessment in governance.

However, there are some limitations noted in the review. The Nazareth Project lacks a whistleblower policy and a document retention and destruction policy, which are essential for maintaining ethical standards and organizational integrity. Furthermore, the absence of its tax form on the nonprofit's website could impact transparency for potential donors and stakeholders. Overall, while the organization exhibits strong financial management practices, addressing these gaps could further enhance its credibility and effectiveness.

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

The Nazareth Project is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Nazareth Project 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.

Official website here: www.nazarethproject.org