Kby Congregations Together Inc

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Stars, 73%)

Kby Congregations Together Inc has received a "Needs Improvement" rating, indicating some areas of concern regarding its operational transparency and governance. While the organization boasts 100% independent board members and a solid program expense ratio of 99.17%, it falls short in financial reporting and policy documentation. The absence of financial statements and key policies such as a whistleblower and document retention policy contributed to its lower score.

The nonprofit does well in certain governance aspects, including having all board members independent and maintaining a low liabilities-to-assets ratio at 0.00%. Furthermore, the organization has demonstrated accountability by avoiding material diversions of assets and publishing meeting minutes. However, the lack of publicly accessible financial documents and policies could hinder its overall effectiveness and trust among stakeholders.

Overall, while Kby Congregations Together Inc shows strong commitment in program spending and independent oversight, its significant gaps in financial transparency and policy adherence highlight areas that need urgent attention for improvement. Addressing these limitations could enhance the organization's reputation and operational efficacy.

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

Kby Congregations Together Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kby Congregations Together 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: $0

For more financial information, click here

Official website here: www.kbyonline.org