Daily Audio Bible

Charity Navigator Rating 77% - Three-Star out of Four Star rating

Daily Audio Bible has received a Three-Star rating from Charity Navigator, indicating a moderate level of accountability and financial health. The organization is noted for having a majority of independent board members, which suggests a commitment to governance. Additionally, it has shown a strong program expense ratio, dedicating over 91% of its expenditures to its programs, reflecting an effective use of resources.

However, there are some areas where the organization could improve. The absence of financial statements and certain policies, such as a whistleblower policy and document retention policy, has impacted its overall score. Furthermore, while it has demonstrated solid financial management with a low liabilities to assets ratio, the fundraising efficiency ratio is notably low, indicating that fundraising efforts may need to be more effective to support its activities.

Overall, while Daily Audio Bible exhibits strong programmatic focus and governance features, the lack of certain financial disclosures and policies limits its score and may raise concerns for potential donors about transparency and sustainability.

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

Daily Audio Bible is a legitimate nonprofit organization registered as a 501(c)(3) entity. Daily Audio Bible 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: $26,661

For more financial information, click here

Official website here: www.dailyaudiobible.com