New Life Community Development Center

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 70%)

The New Life Community Development Center has received a Two-Star rating from Charity Navigator, indicating that there are areas needing improvement within the organization. While the overall score is 70%, which reflects a moderate level of accountability and financial health, specific deficiencies in governance and transparency policies are highlighted, notably the absence of a conflict of interest policy, whistleblower policy, and document retention guidelines.

The organization demonstrates strengths in certain financial metrics, such as a solid program expense ratio of 67.75% and a low liabilities to assets ratio at 25.84%, suggesting that a significant portion of funds are allocated towards its programs. Moreover, the organization has an independent board that is fully compliant in terms of size and material diversion of assets, ensuring good governance practices in those areas.

However, the missing elements, particularly in transparency measures such as the absence of their website link on tax forms and lack of posted tax documents on their site, could hinder public trust and accountability. Addressing these issues is essential for enhancing their overall rating and ensuring better compliance with best practices in nonprofit governance.

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

New Life Community Development Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Life Community Development Center 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: $58,263

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