Wonderful News Radio Inc Wnfa-Wnfr Radio

Charity Navigator Rating: 49%, Zero-Star out of Four Star rating. This rating reflects significant concerns regarding accountability and finance for Wonderful News Radio Inc Wnfa-Wnfr Radio. The overall score is derived entirely from the Accountability & Finance beacon, which indicates a lack of transparency and responsible financial management.

The organization does demonstrate some strengths, such as having a fully independent board with 100% of members being independent and a solid liabilities to assets ratio of 18.29%. However, critical areas of concern include the absence of financial statements, a missing conflict of interest policy, and a lack of a whistleblower policy, all of which contribute to the low score. The program expense ratio of 54% suggests that less than half of expenditures are directed towards programs, further raising concerns about financial health.

Overall, while there are some positive governance aspects, the significant deficiencies in financial reporting and accountability measures are detrimental to the organization's rating. Prospective donors might consider these factors seriously before engaging with the nonprofit.

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

Wonderful News Radio Inc Wnfa-Wnfr Radio is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wonderful News Radio Inc Wnfa-Wnfr Radio 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: $225,175

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Official website here: www.wnradio.com