The Amen Group Inc

Charity Navigator Rating: 0 Stars

The Amen Group Inc has received a low rating of 28%, resulting in a Zero-Star out of Four Star rating from Charity Navigator. This indicates significant concerns regarding the organization's accountability and financial practices. Notably, the charity lacks independent board members and has no conflict of interest or whistleblower policies in place, which raises questions about its governance and transparency.

While the organization reports no material diversion of assets, there are several deficits in core governance policies that are typically expected for nonprofits. The absence of a conflict of interest policy and a whistleblower policy is particularly concerning, as these are essential for ensuring ethical practices and protecting the integrity of the organization. Furthermore, while board meeting minutes are documented, the failure to provide the tax form on the nonprofit's website detracts from its transparency.

On the financial front, the organization has a program expense ratio of only 48.27%, indicating that less than half of its expenses are directed toward programs. This, combined with a high liabilities to assets ratio of 54.24%, suggests potential financial instability that could impact its ability to fulfill its mission effectively. Overall, The Amen Group Inc demonstrates significant weaknesses in governance and financial management that potential donors and stakeholders should consider.

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

The Amen Group Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Amen Group Inc submitted a form 990EZ, 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.

Official website here: www.amg.buzz