Onepassion Ministries Inc

Charity Navigator Rating: 69% - Two-Star out of Four Star Rating.

Onepassion Ministries Inc has received a Two-Star rating due to its overall score of 69%. The organization demonstrates a strong commitment to program spending, with an impressive program expense ratio of 89.47%, indicating that a significant portion of its resources are allocated directly to its mission. Additionally, the organization has successfully maintained no liabilities to assets, showcasing a solid financial position.

However, there are several areas where Onepassion Ministries Inc falls short, particularly in accountability and governance practices. The charity lacks essential policies such as a conflict of interest policy, a whistleblower policy, and a document retention policy, which could impact transparency and accountability. Despite having a majority of independent board members, the absence of these key policies raises concerns about the organization’s governance.

Overall, while Onepassion Ministries Inc shows strengths in financial management and program execution, its governance practices require improvement to enhance accountability and trustworthiness. Addressing these limitations could potentially elevate its standing and effectiveness as a nonprofit organization.

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

Onepassion Ministries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Onepassion Ministries 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $461,992

For more financial information, click here

Official website here: www.onepassionministries.org