Ray Of Hope Mentoring Inc

Charity Navigator Rating: 1 Star (53%)

Ray Of Hope Mentoring Inc has received a one-star rating from Charity Navigator, reflecting significant concerns regarding its accountability and financial practices. The organization's score is based entirely on its accountability and finance metrics, which indicate areas of improvement, particularly in governance and transparency.

One major concern is that the organization has no independent board members, which raises questions about oversight and decision-making. Additionally, several important policies, such as conflict of interest and whistleblower policies, are missing, leading to a low accountability score. While the organization does post meeting minutes, other documentation, like tax forms and a comprehensive website, are not available, further detracting from its transparency.

On a positive note, Ray Of Hope Mentoring Inc exhibits a strong program expense ratio of 82.76%, indicating that a significant portion of its expenses is directed toward its programs. However, the absence of essential governance practices and transparency measures remains a critical limitation that potential donors should consider.

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

Ray Of Hope Mentoring Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ray Of Hope Mentoring 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: $5,900
Professional Fundraising Fees: $0
Other Salaries and Wages: $30,930

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