Nueva Vida Ministerio Catolico Inc

Charity Navigator Rating: 1 Star

Nueva Vida Ministerio Catolico Inc has received a rating of 59%, which corresponds to a One-Star out of Four Stars designation. This rating reflects the charity's performance in accountability and finance, where it scored 59. While the organization excels in areas such as having a fully independent board and demonstrating proper documentation of board meeting minutes, there are concerns regarding its program expense ratio, which stands at 59.10%.

The majority of the organization's board members are independent, indicating strong governance practices. Additionally, there are no liabilities relative to its assets, which suggests financial stability in that regard. However, the program expense ratio indicates that a significant portion of the funding may not be going directly to programmatic activities, which could be seen as a limitation in terms of impact.

Overall, while Nueva Vida Ministerio Catolico Inc shows strengths in governance and financial stability, its low program expense ratio raises questions about the effectiveness of its spending on direct services. Potential donors and stakeholders may want to consider these factors when evaluating the organization.

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

Nueva Vida Ministerio Catolico Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nueva Vida Ministerio Catolico 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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