The Berean Way Inc

Charity Navigator Rating: 53%, One-Star out of Four Star rating. This score indicates that The Berean Way Inc faces significant challenges in governance and transparency, reflected in its low accountability and finance score. The lack of independent board members and missing policies related to conflicts of interest, whistleblowing, and document retention raise concerns about its organizational practices.

Despite these shortcomings, the nonprofit demonstrates a commendable focus on its mission, as evidenced by a high program expense ratio of 96.50%. This suggests that the majority of its funds are directed towards its programs rather than administrative costs, which is a positive aspect of its financial management. Furthermore, there are no reported material diversions of assets, indicating a level of integrity in financial operations.

However, the absence of essential governance policies and documentation, such as board meeting minutes and the posting of tax forms on its website, limits transparency and accountability. These issues could potentially hinder trust and support from donors and the community at large. Addressing these governance deficiencies would be crucial for improving its overall rating and public perception.

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

The Berean Way Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Berean Way 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

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Official website here: www.bereanway.org