The Kanakuk Institute

Rating from Charity Navigator: 74%, Two-Star out of Four Star rating.

The Kanakuk Institute has received a Two-Star rating from Charity Navigator, indicating a moderate level of performance in accountability and finance. The organization demonstrates strong governance features, including a fully independent board and effective conflict of interest policies, which contribute positively to its overall rating. However, the lack of financial statements significantly impacts its score, leading to a marked decrease in transparency.

On the positive side, the organization excels in its program expense ratio, allocating nearly 82% of its expenditures directly to programs, which reflects a commitment to its mission. Additionally, it shows impressive fundraising efficiency, suggesting that it can raise funds effectively with minimal costs. The absence of loans to or from officers also enhances its financial integrity.

Despite these strengths, the organization faces challenges in its financial reporting, as evidenced by the missing financial statements and its liabilities to assets ratio, which indicates potential concerns about financial stability. This combination of factors results in an overall rating that suggests the need for improvement in financial transparency and stability.

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

The Kanakuk Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Kanakuk Institute 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: $400,616
Professional Fundraising Fees: $0
Other Salaries and Wages: $408,693

For more financial information, click here

Official website here: www.kanakukinstitute.com