Live Free Ministries Inc

Charity Navigator Rating: 69% (Two-Star out of Four Star rating). The rating indicates that Live Free Ministries Inc has some strengths but also faces significant challenges in transparency and accountability. With an Accountability & Finance Score of 69, the organization shows a solid commitment to program expenses, with a Program Expense Ratio of 97.03%, reflecting that the majority of its funds go toward its mission.

The nonprofit boasts a majority independent board, with 71% of its members being independent, which is a positive aspect for governance. However, the organization faces limitations in several key areas, including the absence of a conflict of interest policy and missing financial statements. These factors contribute to the lower rating and highlight areas where the organization can improve its governance practices.

Additionally, while there are no reported material diversions of assets, the lack of transparency in financial reporting raises concerns. The missing whistleblower and document retention policies further underscore the need for better organizational practices. Overall, while Live Free Ministries Inc demonstrates strong programmatic focus, enhancing transparency and governance policies could significantly improve its rating and public trust.

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

Live Free Ministries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Live Free Ministries 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: $374,732

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Official website here: www.livefreeministries.com