Chris Musgrove Ministries Inc

Charity Navigator Rating: 65% (Two-Star out of Four Stars)

Chris Musgrove Ministries Inc has earned a Two-Star rating from Charity Navigator, indicating room for improvement in its accountability and financial practices. The organization's overall score reflects a blend of positive financial practices with significant concerns, particularly around governance and transparency. While it has a solid program expense ratio of 66.42%, which shows a commitment to its mission, the lack of independent board members and missing essential policies raises questions about its governance structure.

The organization scores well in areas like financial statements and the absence of material asset diversion, which suggests a degree of financial integrity. However, the absence of major governance policies, including whistleblower and document retention policies, alongside missing board meeting minutes, indicates potential vulnerabilities in oversight. These limitations could affect the organization's ability to maintain trust and transparency with its stakeholders.

Overall, while Chris Musgrove Ministries Inc demonstrates a commitment to its mission through its financial allocations, the lack of independent oversight and key governance policies highlights areas that need improvement to bolster accountability and enhance stakeholder confidence.

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

Chris Musgrove Ministries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chris Musgrove 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: $38,502
Professional Fundraising Fees: $0
Other Salaries and Wages: $52,800

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