Keren Hachesed Miami Inc

Charity Navigator Rating: 37%

Keren Hachesed Miami Inc has received a Zero-Star out of Four Star rating from Charity Navigator, indicating significant concerns regarding its financial accountability and transparency. The overall rating is based solely on its Accountability & Finance score, which is notably low at 37%. The organization struggles particularly with board independence, lack of financial statements, and missing key governance policies, all of which contribute to its low score.

One of the few strengths noted is its high program expense ratio of 95.45%, suggesting that a substantial portion of its expenditures is directed towards its programs. However, this positive aspect is overshadowed by the lack of independent board members and essential governance documents. The organization has failed to demonstrate transparency in its financial reporting and has not made its tax forms available on its website, which further diminishes trust.

Additionally, Keren Hachesed Miami Inc has a high liabilities to assets ratio of 116.07%, raising concerns about its financial health. The absence of critical policies such as conflict of interest and whistleblower protections indicates potential weaknesses in organizational governance. Overall, the combination of these factors culminates in a concerning picture of the nonprofit's operations and accountability.

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

Keren Hachesed Miami Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Keren Hachesed Miami 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: $318,486

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