Mid-Nebraska Lutheran Home

Charity Navigator Rating: 67%, earning it a Two-Star out of Four Star rating.

Mid-Nebraska Lutheran Home receives a Two-Star rating from Charity Navigator, indicating that while there are some strengths in its governance, there are significant weaknesses in transparency and financial reporting. The organization has a strong score in accountability areas such as having a majority of independent board members and document retention practices, but falls short in financial statement availability and essential policies.

Strengths include a high program expense ratio of 90.82%, suggesting that a significant portion of its budget goes directly toward its programs rather than administrative costs. Additionally, there are no concerns regarding the diversion of assets, which reflects positively on the management of resources. However, the lack of financial statements and policies related to conflict of interest and whistleblower protections raises concerns about governance and accountability.

Overall, while Mid-Nebraska Lutheran Home demonstrates commitment in certain areas, the absence of critical financial documentation and policy frameworks may limit trust and transparency for potential donors and stakeholders. The organization could benefit from addressing these shortcomings to improve its rating and public perception.

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

Mid-Nebraska Lutheran Home is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mid-Nebraska Lutheran Home 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: $2,028,915

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