Gull Lake Ministries

Charity Navigator Rating: Needs Improvement

Gull Lake Ministries has received a two-star rating from Charity Navigator, indicating a need for improvement in certain operational areas. The organization holds a strong accountability and finance score of 100%, with an independent board largely composed of members who do not have conflicts of interest. This demonstrates a solid governance structure, but significant limitations in transparency and public accountability are evident.

The nonprofit's financial management shows promise with a low liabilities to assets ratio of 3.13% and a reasonable program expense ratio of approximately 65%. However, the lack of available financial statements and essential policy documents, such as a whistleblower policy and document retention policy, raises concerns about adherence to best practices in nonprofit management. Furthermore, the absence of the organization's website on its tax forms detracts from its credibility.

In summary, while Gull Lake Ministries demonstrates strong governance and financial health, the lack of transparency and missing policy documents highlight areas that require urgent attention. Addressing these shortcomings will be crucial for improving its overall rating and reinforcing trust with stakeholders and potential donors.

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

Gull Lake Ministries is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gull Lake Ministries 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: $143,083
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,008,559

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