Sisters Of The Blessed Korean Martyrs

Charity Navigator Rating: 27%

Sisters Of The Blessed Korean Martyrs holds a low rating of 27%, resulting in a Zero-Star out of Four Star rating. This indicates significant concerns regarding accountability and financial transparency. The organization lacks independent board members and fails to provide essential financial statements, which are crucial for establishing trust and credibility among donors and stakeholders.

The absence of several key policies, including conflict of interest and whistleblower policies, raises further red flags about governance practices within the organization. While the charity does demonstrate a low liabilities to assets ratio, suggesting it is not heavily indebted, the overall financial health and effectiveness are called into question due to the low program expense ratio, which indicates a potential misuse of funds.

Overall, the Sisters Of The Blessed Korean Martyrs needs substantial improvements in transparency, governance, and financial reporting to build trust with its supporters and effectively fulfill its mission. Stakeholders should exercise caution and consider these factors before making any contributions.

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

Sisters Of The Blessed Korean Martyrs is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sisters Of The Blessed Korean Martyrs 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: $108,400

For more financial information, click here