Korean Gospel Broadcasting Network

Charity Navigator Rating: 27%

The Korean Gospel Broadcasting Network has received a Zero-Star out of Four Star rating, indicating significant concerns regarding its accountability and financial transparency. With an overall score of 27%, the organization demonstrates strong governance practices with a fully independent board, achieving maximum points in that category. However, the absence of crucial financial documents and policies has severely impacted its overall rating.

Key areas of concern include missing financial statements and the lack of critical policies such as conflict of interest and whistleblower protections. These deficiencies raise questions about the organization’s financial oversight and operational integrity. Additionally, the program expense ratio of 38.60% suggests that a less significant portion of funds is being directed towards its programs, which can affect its effectiveness in fulfilling its mission.

While the organization maintains a majority of independent board members, the lack of transparency and essential governance documents presents a serious limitation. Prospective donors and supporters are encouraged to consider these factors when evaluating the Korean Gospel Broadcasting Network's effectiveness and reliability.

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

Korean Gospel Broadcasting Network is a legitimate nonprofit organization registered as a 501(c)(3) entity. Korean Gospel Broadcasting Network 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: $12,175

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