Life Christian Outreach Inc

Charity Navigator Rating: Needs Improvement

Life Christian Outreach Inc has received a Two-Star out of Four Star rating from Charity Navigator, indicating a need for improvement in its overall accountability and financial practices. With an overall score of 64%, the organization demonstrates strengths in maintaining a fully independent board, which is a positive aspect of its governance structure. However, the organization has significant shortcomings in financial transparency, as evidenced by the lack of posted financial statements and other essential documentation on its website.

The organization excels in its program expense ratio, allocating 90.45% of its resources to programs, which reflects a strong commitment to its mission. Additionally, the low liabilities to assets ratio of 5.04% indicates a relatively stable financial position. However, the absence of key policies, such as conflict of interest and whistleblower protections, raises concerns about its governance practices and risk management strategies.

Overall, while Life Christian Outreach Inc demonstrates a commendable focus on programmatic spending and maintains an independent board, its transparency and adherence to best practices in financial reporting and governance require significant attention and improvement to enhance trust and credibility among donors and stakeholders.

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

Life Christian Outreach Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Life Christian Outreach 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: $107,357
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,532,795

For more financial information, click here