Shekinah Resource Foundation Inc

Charity Navigator Rating: One-Star out of Four Stars (54%)

The Shekinah Resource Foundation Inc has received a One-Star rating from Charity Navigator, reflecting a score of 54% based solely on Accountability & Finance metrics. This rating indicates significant concerns regarding the organization's financial management, particularly in relation to their program expense ratio, which is reported at 0.00%. This suggests that none of the funds were allocated toward program services in the most recent fiscal year.

Despite the low overall score, the organization demonstrates several strengths in its governance practices. It boasts a fully independent board, achieving full points in that category, alongside solid scores for its conflict of interest and whistleblower policies. Additionally, the foundation has established an audit and oversight committee, indicating positive steps towards accountability and transparency.

However, the critical issue lies in the financial ratios, particularly the liabilities to assets ratio of 87.18%, which raises red flags about the foundation's financial health and sustainability. Overall, while the governance structure is commendable, the lack of allocated program expenses and high liabilities suggest that potential donors should approach with caution.

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

Shekinah Resource Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Shekinah Resource 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $200,024

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