Morning Star Inc

Charity Navigator Rating: 76% (Three-Star out of Four Stars)

Morning Star Inc has earned a Three-Star rating based on its Accountability & Finance score of 76%. The organization showcases strong governance features, including a fully independent board, with all members meeting the criteria for independence. It demonstrates effective management of its resources, as evidenced by its high program expense ratio, indicating that 100% of its expenses are directed towards its programs.

However, the nonprofit faces challenges in its accountability practices, specifically the absence of a conflict of interest policy, whistleblower policy, and document retention policy. These missing elements contribute to a lower overall score in accountability, which is a critical factor for donor confidence and transparency. Despite these limitations, the organization maintains good practices in documenting board meeting minutes and has no material diversion of assets, which reflects positively on its financial integrity.

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

Morning Star Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Morning Star 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: $29,401
Professional Fundraising Fees: $0
Other Salaries and Wages: $59,366

For more financial information, click here

Official website here: www.morningstarcro.org