New Creation Inc

Charity Navigator Rating: 69%, earning a Two-Star out of Four Star rating. This rating indicates that New Creation Inc has some strengths but also notable weaknesses in its accountability and finance practices. A 67 score in Accountability & Finance reflects areas needing improvement, particularly in governance and transparency, as evidenced by the absence of key policies and independent board members.

The organization shows strong performance in program expenses, with a program expense ratio of 92.71%, suggesting that a significant portion of its funds directly supports its mission. The organization has also scored well in its culture and community efforts, achieving a score of 91, which reflects a positive engagement and impact within the community it serves. Furthermore, the financial statements are well audited, receiving full points in this area.

However, the lack of independent board members and missing policies related to conflict of interest and whistleblower protections raise concerns about governance and oversight. These limitations could affect the organization’s overall accountability and trustworthiness among stakeholders. Addressing these weaknesses is essential for enhancing its rating and ensuring sustainable practices moving forward.

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

New Creation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Creation 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: $63,750
Professional Fundraising Fees: $0
Other Salaries and Wages: $118,429

For more financial information, click here

Official website here: www.newcreation2020inc.org