Anchor Military Ministries Inc

Charity Navigator Rating: 43%, Zero-Star out of Four Star rating

Anchor Military Ministries Inc has received a low score of 43% from Charity Navigator, leading to a Zero-Star rating. This score is primarily based on the Accountability & Finance category, which indicates significant shortcomings in the organization’s governance practices and transparency. A notable concern is the complete lack of independent board members, which affects the charity's accountability and oversight.

The organization does not have several key policies in place, such as a conflict of interest policy, whistleblower policy, and guidelines for document retention and destruction. Additionally, the charity's website was not listed on its tax form, which further diminishes its transparency. However, it is worth noting that there were no material diversions of assets reported, and the organization maintains a reasonable liabilities-to-assets ratio.

Despite the concerns highlighted in the evaluation, Anchor Military Ministries Inc does allocate a considerable portion of its expenses to programs, with a program expense ratio of 62.18%. However, the overall management and governance issues noted in the rating suggest that potential donors and supporters should exercise caution and seek further information about the organization's operations.

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

Anchor Military Ministries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Anchor Military Ministries 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.