Bt Of Ark Inc

Charity Navigator Rating: 79% (Three-Star out of Four Star rating)

Bt Of Ark Inc received a Three-Star rating from Charity Navigator, reflecting a strong emphasis on accountability and finance. The organization achieved a score of 79% in this area, indicating that it meets many best practices in financial management and transparency. This score is derived entirely from the Accountability & Finance beacon, demonstrating the charity's commitment to responsible governance.

The organization has notable strengths, including a fully independent board with all eight members meeting this criterion, and it scores highly in financial oversight with a well-structured audit and oversight committee. Additionally, the charity maintains strong program expense ratios, with over 89% of its expenditures allocated to its programs, suggesting effective use of funds towards its mission.

However, it is important to note that the organization has a high liabilities-to-assets ratio of 178.17%, which could raise concerns regarding its financial stability. While the charity demonstrates strong governance practices, potential donors and stakeholders may want to consider this aspect when evaluating the overall health of the organization.

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

Bt Of Ark Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bt Of Ark 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: $73,455

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