Biblical Restoration Ministries Inc

Charity Navigator Rating: Two-Star out of Four Stars, 61%

Biblical Restoration Ministries Inc has received a "Needs Improvement" rating from Charity Navigator, indicating areas of concern regarding its accountability and financial practices. The organization shows strong governance aspects, such as having an entirely independent board and a good score on material diversion of assets. However, significant deficiencies in conflict of interest and whistleblower policies have been noted, which could impact its transparency and trustworthiness.

While the organization is performing well in certain financial ratios, like liabilities to assets and the independent board size, it struggles with its program expense ratio, which suggests that a smaller portion of its funds is being directed towards its programs. This raises questions about the effectiveness of its operations and how well it is fulfilling its mission compared to its financial expenditures.

Additionally, the lack of public access to essential documents, like tax forms on its website and meeting minutes, further detracts from its accountability. Overall, while the ministry has some strong governance features, it faces critical challenges that need to be addressed to improve its standing and effectiveness as a nonprofit.

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

Biblical Restoration Ministries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Biblical Restoration 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: $61,446
Professional Fundraising Fees: $0
Other Salaries and Wages: $52,552

For more financial information, click here

Official website here: www.biblicalrestorationministries.org