Mbi Research Institute Inc

Charity Navigator Rating: One-Star out of Four Stars (52%)

Mbi Research Institute Inc received a One-Star rating from Charity Navigator, indicating significant concerns regarding accountability and financial practices. The organization scored 52%, primarily due to a lack of independent board members and missing essential policies, such as conflict of interest and whistleblower protections. These factors raise concerns about governance and transparency within the organization.

Despite these governance issues, Mbi Research Institute demonstrates a strong program expense ratio of 88.72%, suggesting that a substantial portion of its funding is directed toward its programs rather than administrative costs. Additionally, there is no indication of material diversion of assets, which is a positive aspect of the organization’s accountability.

However, the absence of independent board members and key financial documents on its website highlights the need for improvement in transparency and accountability practices. The lack of policies and documentation in various areas may pose risks to the organization’s integrity and stakeholder trust.

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

Mbi Research Institute Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mbi Research Institute 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: $319,341

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Official website here: www.mbiinstitute.org