Honoring The Father Ministries Inc

Charity Navigator Rating: 54% (One-Star out of Four Stars)

Honoring The Father Ministries Inc has received a low rating of 54%, categorized as a One-Star organization. This score reflects significant concerns related to accountability and finance, which is the sole factor in their rating. The organization has a majority of non-independent board members and lacks essential policies such as conflict of interest, whistleblower, and document retention.

Despite these shortcomings, the nonprofit does show some positive aspects, including a solid program expense ratio of 77.91%, indicating that a substantial portion of its expenses goes directly to its programs. Additionally, it has a low liabilities to assets ratio of 0.10%, suggesting a manageable level of debt. However, the absence of critical financial documentation and governance policies raises concerns about transparency and oversight.

Overall, while Honoring The Father Ministries Inc is actively utilizing its funds for programs, the lack of independent oversight and missing financial statements significantly hinder its accountability. Potential donors and supporters may want to consider these factors carefully before engaging with the organization.

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

Honoring The Father Ministries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Honoring The Father 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: $139,299
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

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Official website here: www.honoringthefather.com