Meadows Mennon Ret Association

Charity Navigator Rating: 66%, Two-Star out of Four Star rating.

Meadows Mennon Ret Association has received a 66% rating from Charity Navigator, indicating a Two-Star designation. The score primarily reflects the organization's Accountability & Finance practices, which are strong in several areas. The board consists of 100% independent members, demonstrating a commitment to governance, and the organization has no material diversion of assets, indicating sound financial management.

In terms of policies, the association scores well for having a comprehensive conflict of interest policy, a whistleblower policy, and proper document retention and destruction procedures. Additionally, all board meeting minutes are documented, which enhances transparency. The program expense ratio is notably high at 100%, signifying that all funds are directed towards its mission.

However, the organization faces a significant challenge with a liabilities to assets ratio of 124.56%, which is concerning and contributes to its lower overall rating. This high ratio suggests potential financial vulnerability, which stakeholders should monitor. Overall, while there are commendable governance practices, the financial health of the organization raises questions that might require further scrutiny.

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

Meadows Mennon Ret Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Meadows Mennon Ret 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: $134,625

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