Richard Wurmbrand Foundation Inc

Charity Navigator Rating: 36% (Zero-Star out of Four Star rating)

The Richard Wurmbrand Foundation Inc has received a 36% rating from Charity Navigator, indicating significant concerns regarding its accountability and financial management. The overall score is based solely on the Accountability & Finance beacon, where the organization scored well in areas such as having a majority of independent board members and no material diversion of assets. However, the absence of key policies like conflict of interest, whistleblower protections, and document retention has heavily impacted its rating.

While the foundation demonstrates strengths in governance, such as maintaining an independent board and transparent meeting minutes, it struggles to meet essential accountability standards. Its low program expense ratio of 39.38% raises questions about its operational effectiveness and financial prioritization, as a significant portion of the budget may not be directed towards programs and services.

In conclusion, although the foundation has some governance strengths, the lack of critical policies and low program spending contribute to its overall low rating. Potential donors and supporters may want to consider these factors carefully before engaging with the organization.

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

Richard Wurmbrand Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Richard Wurmbrand Foundation 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: $75,888
Professional Fundraising Fees: $1,747
Other Salaries and Wages: $5,812

For more financial information, click here

Official website here: www.richardwurmbrandfoundation.com