Crossway Tower Inc

Charity Navigator Rating: 58%, One-Star out of Four Stars

Crossway Tower Inc has received a rating of 58% from Charity Navigator, which indicates significant concerns regarding its accountability and financial practices. While the organization excels in areas such as having a fully independent board and a high program expense ratio of 86.70%, it struggles with several critical governance issues, which have contributed to its low overall rating.

The nonprofit's strengths lie in its commitment to transparency in specific areas, as evidenced by its perfect scores for independent board members and material diversion of assets. However, the organization has been flagged for not having essential policies in place, including a conflict of interest policy and a whistleblower policy. Additionally, it failed to post its tax forms on its website, which raises concerns about accessibility and transparency for stakeholders.

Despite its strong program expense ratio, the high liabilities to assets ratio of 152.25% indicates potential financial instability. This combination of strengths and weaknesses suggests that while Crossway Tower Inc may be focused on its mission, it needs to address its governance and financial reporting practices to improve its overall accountability and trustworthiness among donors and stakeholders.

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

Crossway Tower Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Crossway Tower 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $25,594

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