Vida Nueva Para El Mundo

Charity Navigator Rating: 0 Stars

Vida Nueva Para El Mundo received a low score of 30%, resulting in a Zero-Star out of Four Star rating. This rating indicates significant concerns regarding the organization’s accountability and financial practices. While the organization scores well in governance aspects, such as having a majority of independent board members and no material diversion of assets, it falls short in other critical areas essential for transparency and ethical operation.

The charity's weaknesses include a lack of a conflict of interest policy, whistleblower policy, and inadequate documentation practices, which contributed to very low scores in those categories. Additionally, the absence of accessible financial documents on their website raises questions about their commitment to transparency. The program expense ratio is also notably low, suggesting that a limited portion of funds is directed towards programs, which could impact the effectiveness of their mission.

Overall, while Vida Nueva Para El Mundo demonstrates some strong governance attributes, its significant shortcomings in accountability and financial reporting necessitate a careful consideration for potential donors and supporters. The organization will need to address these issues to improve its rating and build trust with the community it serves.

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

Vida Nueva Para El Mundo is a legitimate nonprofit organization registered as a 501(c)(3) entity. Vida Nueva Para El Mundo 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: $194,527
Professional Fundraising Fees: $0
Other Salaries and Wages: $48,000

For more financial information, click here