Katina Ministries Inc

Charity Navigator Rating: 79%, Three-Star out of Four Star Rating

Katina Ministries Inc has earned a Three-Star rating from Charity Navigator, reflecting a solid Accountability & Finance score of 79%. This rating is derived entirely from the organization's strong performance in financial accountability, indicating that it effectively manages its resources and adheres to best practices in financial transparency and governance.

The organization demonstrates robust governance, with an entirely independent board of directors, showcasing a commitment to unbiased decision-making. Additionally, it has no material diversion of assets and has established various policies such as conflict of interest and whistleblower protections, which further enhance its accountability. The high program expense ratio of 98.60% suggests that the majority of its funds are allocated towards its programs, supporting the mission of the organization.

While the organization shows considerable strengths in financial management and accountability, the rating is limited in scope, focusing solely on the Accountability & Finance beacon. This singular focus may not provide a comprehensive view of the overall impact or effectiveness of the organization's programs and services. However, the strong financial practices are commendable and provide a level of assurance to potential donors.

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

Katina Ministries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Katina Ministries 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: $654,920
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

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