Nfs Ministries Latrobe Street Homeless & Recov

Charity Navigator Rating: 67% (Two-Star out of Four Star rating)

Nfs Ministries Latrobe Street Homeless & Recovery has received a Two-Star rating, indicating that while the organization demonstrates some strengths, there are significant areas for improvement. The charity has a solid program expense ratio of 88.11%, suggesting that a large portion of its resources is dedicated to its mission. However, the lack of independent board members raises concerns about governance and oversight, which are critical for ensuring accountability.

The organization has achieved a perfect score for its audit and oversight committee, as well as for its liabilities to assets ratio, indicating strong financial health in those areas. Nevertheless, it falls short in several key governance practices, such as missing conflict of interest, whistleblower, and document retention policies. These deficiencies could undermine stakeholder trust and the overall transparency of the organization.

Overall, while Nfs Ministries Latrobe Street Homeless & Recovery shows a commitment to serving its community effectively, addressing the gaps in governance and accountability will be essential for enhancing its rating and fostering greater confidence among supporters and beneficiaries.

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

Nfs Ministries Latrobe Street Homeless & Recov is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nfs Ministries Latrobe Street Homeless & Recov 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: $84,471
Professional Fundraising Fees: $12,000
Other Salaries and Wages: $84,127

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