Loaves And Fishes Of Beaufort Inc

Charity Navigator Rating: Needs Improvement

Loaves and Fishes of Beaufort Inc has received a two-star rating, with an overall score of 71%. A notable strength is its commitment to having a fully independent board, which reflects good governance practices. The organization has demonstrated strong program expense ratios, indicating that all of its expenses are directed toward its programs.

However, the nonprofit has significant areas requiring improvement, particularly in its accountability and finance practices. There are missing financial statements and policies, including a whistleblower policy and document retention guidelines, which adversely affected its score in these categories. Additionally, the absence of its tax form on the website raises transparency concerns.

Overall, while the organization appears effective in utilizing its funds for programs, the lack of essential financial documentation and policies could hinder stakeholder trust and accountability. Addressing these limitations would be vital for enhancing its rating and credibility within the community.

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

Loaves And Fishes Of Beaufort Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Loaves And Fishes Of Beaufort 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: $210,436

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