Walk On Water Inc

Charity Navigator Rating: 49%, Zero-Star out of Four Star rating.

Walk On Water Inc has received a low accountability and finance score, primarily due to a lack of independent board members and missing financial statements. The organization has a concerning liabilities-to-assets ratio of 206.42%, indicating financial instability. However, it does have positive aspects, such as a high program expense ratio of 92%, which suggests that the majority of its spending is directed toward its programs.

The nonprofit has some governance policies in place, including a conflict of interest policy, a whistleblower policy, and documents for board meeting minutes. These factors reflect a commitment to some level of organizational integrity. However, the absence of independent board members raises questions about oversight and decision-making processes.

Overall, while Walk On Water Inc demonstrates a focus on program spending, the lack of transparency and accountability in financial practices significantly impacts its rating. Potential donors may want to consider these factors when evaluating the effectiveness and reliability of the organization.

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

Walk On Water Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Walk On Water 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: $188,449

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