Lighthouse Radio Network Inc

Charity Navigator Rating: Needs Improvement (69%)

Lighthouse Radio Network Inc has received a two-star rating from Charity Navigator, indicating it needs improvement in its accountability and financial practices. The organization has a relatively strong program expense ratio of 75.14%, suggesting that a significant portion of its budget is directed toward its mission. Additionally, it boasts a fully independent board, which may contribute to effective governance.

However, several critical areas require attention, particularly in transparency and governance policies. The organization has not provided financial statements, which significantly impacts its accountability score. Moreover, it lacks essential policies such as a conflict of interest policy and a whistleblower policy, raising concerns about operational integrity and risk management.

While Lighthouse Radio Network demonstrates strengths in certain areas, the absence of necessary financial documentation and governance policies limits its overall rating. Prospective supporters should consider these factors when evaluating the organization’s reliability and effectiveness.

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

Lighthouse Radio Network Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lighthouse Radio Network 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: $81,328
Professional Fundraising Fees: $0
Other Salaries and Wages: $215,170

For more financial information, click here

Official website here: www.lighthouseradionetwork.com