The Lantern

Charity Navigator Rating: One-Star out of Four Stars (50%)

The Lantern has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. With a score of 50%, the organization has not demonstrated adequate transparency, as evidenced by the absence of independent board members and missing financial statements. These factors suggest a lack of oversight and governance that could impact the nonprofit's ability to operate effectively.

Strengths of The Lantern include a high program expense ratio of 85.68%, which indicates that the majority of its expenditures are directed towards its programs rather than administrative costs. This focus on programmatic spending suggests a commitment to fulfilling its mission and serving its beneficiaries, despite the organizational weaknesses in governance and transparency.

However, key limitations are highlighted by the missing elements such as conflict of interest and whistleblower policies, as well as the lack of documentation regarding board meeting minutes. The absence of these critical governance practices raises concerns about the overall accountability of The Lantern, potentially affecting donor confidence and the nonprofit's long-term sustainability.

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

The Lantern is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Lantern 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: $182,329

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