Volunteer Medical Serv Corps Of Lm & Nar

Rating from Charity Navigator: 54%, One-Star out of Four Star rating.

Volunteer Medical Services Corps of LM & Nar has received a low rating of 54%, which reflects significant concerns regarding its accountability and financial practices. Key issues include a complete lack of independent board members, missing financial documents, and inadequate transparency in governance policies, such as the absence of a whistleblower policy and a document retention policy.

Despite these governance challenges, the organization demonstrates a solid commitment to its mission, as evidenced by a program expense ratio of 82.5%. This indicates that a substantial portion of its budget is directed toward programmatic activities rather than administrative costs. However, its overall governance and financial oversight weaknesses raise red flags about its long-term sustainability and effectiveness.

The lack of transparency and accountability measures could hinder potential partnerships and donor confidence. To enhance its credibility and operational effectiveness, the organization would benefit from implementing more robust governance practices and establishing independent board leadership.

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

Volunteer Medical Serv Corps Of Lm & Nar is a legitimate nonprofit organization registered as a 501(c)(3) entity. Volunteer Medical Serv Corps Of Lm & Nar 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,126,778

For more financial information, click here