Goff Ministries

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 70%)

Goff Ministries has received a two-star rating from Charity Navigator, indicating a need for improvement in certain areas of accountability and finance. The organization scores well in several categories, including having a majority of independent board members and a perfect program expense ratio, reflecting effective use of funds towards its mission. However, the overall score of 70% suggests that there are significant areas where the organization could enhance its practices.

The nonprofit has demonstrated strong governance metrics, such as a good liability to assets ratio and no material diversion of assets. However, it notably lacks essential policies, including conflict of interest, whistleblower protection, and document retention guidelines. Additionally, the absence of documented board meeting minutes and failure to post its tax form on the website raises concerns about transparency and adherence to best practices in nonprofit management.

While Goff Ministries shows commitment to its mission by allocating 100% of its program expenses towards its initiatives, the missing policies and documentation suggest a need for stronger governance frameworks. This could improve accountability and trust with donors and stakeholders moving forward.

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

Goff Ministries is a legitimate nonprofit organization registered as a 501(c)(3) entity. Goff Ministries 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: $5,185
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

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