Mountaintop Broadcasting Inc

Charity Navigator Rating: 1 Star (58%)

Mountaintop Broadcasting Inc has received a One-Star out of Four Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. While the organization boasts a fully independent board and demonstrates a low liabilities to assets ratio, it struggles in areas such as program expense ratio and governance policies. The program expense ratio stands at 55.35%, which suggests that more than 40% of its expenditures may not be directed towards its core mission.

The organization's strengths include its commitment to board independence, with all members being independent and its effective management of assets. Additionally, it has successfully listed its website on its tax form and provides board meeting minutes, which are positive indicators of transparency. However, the absence of critical governance policies, such as conflict of interest and whistleblower policies, raises concerns about the overall governance framework and accountability.

Overall, while Mountaintop Broadcasting Inc shows some positive aspects, its low rating reflects serious deficiencies in financial management and governance practices. Potential donors and supporters may want to consider these factors before engaging with the organization.

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

Mountaintop Broadcasting Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mountaintop Broadcasting 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: $40,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

Official website here: www.klfcradio.com