New Beginning Recovery Center Inc

Charity Navigator Rating: Needs Improvement

New Beginning Recovery Center Inc has received a two-star rating from Charity Navigator, reflecting a score of 70%. The organization's accountability and finance metrics are particularly strong, scoring a perfect 100%. However, there are significant areas for improvement, including the lack of essential policies such as conflict of interest and whistleblower policies, which could impact governance and transparency.

The organization demonstrates strong financial management with a solid program expense ratio of nearly 80% and a favorable liabilities to assets ratio of 0.00%. However, its board structure is a point of concern, with only three independent members leading to a score of 0 out of 10 for independent board size. The absence of financial statements further detracts from the organization's overall rating, as it limits transparency regarding financial health.

In terms of fundraising efficiency, the center has performed well, with a low fundraising cost of $0.12 per dollar raised. Despite these strengths, the organization needs to address its governance policies and enhance board independence to improve its rating and overall operational effectiveness.

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

New Beginning Recovery Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Beginning Recovery Center 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: $636,559

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Official website here: www.maryshopesoberhomes.com