Strings Of Mercy Inc

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

Strings Of Mercy Inc has received a Two-Star rating from Charity Navigator, indicating an average level of accountability and financial health. The charity scores particularly well in areas such as having a majority independent board and maintaining a low liabilities to assets ratio. However, the overall rating suffers due to significant shortcomings in transparency, as evidenced by the absence of a conflict of interest policy, whistleblower policy, and a document retention policy.

The organization has demonstrated strong governance features, with full scores in independent board size and material diversion of assets. Nonetheless, the program expense ratio is notably low, suggesting that a smaller percentage of the charity's expenses is directed toward its programs compared to administrative costs. This raises concerns about the effectiveness and impact of its initiatives.

Overall, while Strings Of Mercy Inc shows promise through its governance structure, the lack of essential policies and low program expense ratio highlights areas for improvement. Potential donors may want to consider these factors when evaluating the charity's effectiveness and alignment with their philanthropic goals.

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

Strings Of Mercy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Strings Of Mercy Inc submitted a form 990EZ, 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.

Official website here: www.stringsofmercy.org