Menno Benevolent Association

Charity Navigator Rating: 67% (Two-Star out of Four Star Rating)

Menno Benevolent Association has received a Two-Star rating from Charity Navigator, indicating that while the organization demonstrates some solid accountability and financial management practices, there are significant areas of concern. The organization has a high score for independent board members, with 100% of its board being independent, and it has shown transparency by documenting board meeting minutes.

Strengths of the organization include a strong program expense ratio of 79.45%, which suggests that a large portion of its expenses is directed towards its programs rather than administrative costs. Additionally, the absence of material diversion of assets reflects well on its financial integrity. However, the liabilities to assets ratio is concerning at 148.34%, which indicates potential risk in its financial health, as it suggests that the organization may have more liabilities than it can cover with its assets.

Overall, while the Menno Benevolent Association shows promise through its governance and program spending, the financial stability indicated by its liabilities to assets ratio raises questions that potential donors should consider.

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

Menno Benevolent Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Menno Benevolent Association 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: $207,163

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