Toward The Goal Ministries Inc

Charity Navigator Rating: Needs Improvement (69% score, Two-Star out of Four Star rating)

Toward The Goal Ministries Inc has received a Two-Star rating from Charity Navigator, indicating that the organization is in need of improvement. The accountability and finance score of 69% highlights both strengths and weaknesses within the organization. Notably, it has achieved 100% independent board members and demonstrates a very low liabilities to assets ratio, which suggests a solid financial position. Additionally, a high program expense ratio of 86.34% indicates that a significant portion of its budget goes directly to its programs.

However, the organization faces several limitations that affect its overall rating. Critical policies such as a conflict of interest policy and a whistleblower policy are missing, which raises concerns regarding governance and transparency. Furthermore, the absence of financial statements and the tax form on the nonprofit's website could hinder potential donors' ability to assess the organization's financial health.

Overall, while Toward The Goal Ministries Inc demonstrates commendable aspects in its governance structure and program spending, the lack of essential policies and transparency measures indicates that there is room for improvement in its accountability efforts.

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

Toward The Goal Ministries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Toward The Goal 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: $1,445
Professional Fundraising Fees: $0
Other Salaries and Wages: $355,240

For more financial information, click here

Official website here: www.towardthegoal.net