Christian Broadcasting Ministries

Charity Navigator Rating: Zero-Star out of Four Star rating

Christian Broadcasting Ministries received a zero-star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial management. The overall score of 43% reflects deficiencies in several areas, particularly in independent governance, as there are no independent board members. Furthermore, the organization has not made its financial statements publicly available, which raises transparency issues.

The organization's program expense ratio stands at 58.20%, suggesting that a little more than half of its expenses are directed toward its programs. However, the lack of independent oversight and missing policies such as a whistleblower policy and document retention guidelines limit the trustworthiness of its operations. While there are positive indicators like the absence of material diversion of assets, the overall governance structure raises alarms.

Overall, while Christian Broadcasting Ministries appears to manage its assets effectively with a liabilities to assets ratio of 0.00%, the absence of accountability measures and transparency significantly impacts its rating. Potential donors and supporters should exercise caution and seek additional information before engaging with the organization.

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

Christian Broadcasting Ministries is a legitimate nonprofit organization registered as a 501(c)(3) entity. Christian Broadcasting 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: $14,040
Professional Fundraising Fees: $0
Other Salaries and Wages: $69,143

For more financial information, click here

Official website here: www.cbmtoday.org