Cottrell Ministries

Charity Navigator Rating: Needs Improvement (60%, Two-Star out of Four Star rating)

Cottrell Ministries has received a Two-Star rating from Charity Navigator, indicating a need for improvement in its overall operations. The organization scored 60% for accountability and finance, reflecting some strengths and weaknesses in governance and transparency. Notably, the organization lacks independent board members, which may raise concerns about its oversight and decision-making processes.

On the positive side, Cottrell Ministries has demonstrated a strong program expense ratio of 100%, indicating that all of its expenses are directed towards its programs. Additionally, the organization has implemented a conflict of interest policy and has documented meeting minutes, showing some commitment to governance practices. However, several key policies are missing, including a whistleblower policy and document retention policy, which could impact accountability.

Limitations highlighted in the rating include the absence of a website listed on the tax form and a failure to post its tax document on its website, both of which detract from transparency. Overall, while Cottrell Ministries shows promise in its program focus, significant improvements are needed in its governance and financial transparency practices to bolster its credibility and effectiveness.

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

Cottrell Ministries is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cottrell Ministries 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: $5,040

For more financial information, click here