Ima's Home For Children

Charity Navigator Rating: Two-Star out of Four Star rating, Overall Score: 69%

Ima's Home For Children has received a two-star rating from Charity Navigator, indicating that the organization "Needs Improvement." While they boast an impressive program expense ratio of 99.60%, demonstrating a strong commitment to their mission, concerns arise regarding their financial transparency and governance practices. The organization lacks essential financial statements and has missing policies for conflict of interest, whistleblower protections, and document retention.

Despite having a fully independent board of directors and no reported material diversions of assets, the absence of critical governance documents raises red flags about operational accountability. Although they have adequately documented board meeting minutes, the lack of transparency in financial reporting limits their overall score, reflecting a need for significant improvements in accountability and finance practices.

In summary, while Ima's Home For Children is effectively using its resources for programs, it must address gaps in governance and transparency to enhance trust and confidence among stakeholders and the community.

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

Ima's Home For Children is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ima's Home For Children 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: $0

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Official website here: www.imashomeforchildren.com