Chicago Baptist Institute Inc

Charity Navigator Rating: 68%, earning it a Two-Star out of Four Star rating. The rating indicates that while Chicago Baptist Institute Inc demonstrates some positive attributes in accountability and financial management, there are significant areas that require improvement. The organization has a high score for program expenses, suggesting that a large percentage of its budget is allocated towards its mission-driven activities.

Strengths of the Chicago Baptist Institute include a fully independent board with ten members, no reported material diversion of assets, and proper documentation of board meeting minutes. However, the organization lacks several important policies, such as a conflict of interest and a whistleblower policy, which raises concerns regarding governance and transparency. Additionally, it does not publicly post its tax form on its website, which could limit access to important financial information for stakeholders.

One notable limitation is the high liabilities to assets ratio, indicating that the organization has more liabilities than assets, which could pose financial risks. Overall, while the Chicago Baptist Institute shows commitment to its programs, addressing governance and financial transparency issues would enhance its credibility and effectiveness in serving its community.

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

Chicago Baptist Institute Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chicago Baptist Institute 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,805

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Official website here: www.chicagobaptistinstitute.net