Echo Ministries Inc

Charity Navigator Rating: 73% (Two-Star out of Four Star rating)

Echo Ministries Inc has received a two-star rating from Charity Navigator, indicating some concerns regarding its transparency and accountability. The organization has strong independent governance, with 83% of its board members being independent, and a favorable liabilities to assets ratio of 36.45%. However, the lack of financial statements and missing policies such as whistleblower and document retention raise red flags about its operational transparency.

The organization shows a commendable program expense ratio of 87.60%, suggesting that a significant portion of its expenditures is directed toward its mission-driven programs. This level of program efficiency is positive, highlighting a commitment to using resources effectively to achieve its goals. Nonetheless, the absence of essential documentation, such as tax forms posted on its website, could hinder potential donors' ability to assess the organization’s financial health.

In summary, while Echo Ministries Inc demonstrates strengths in board independence and program efficiency, its overall rating reflects areas needing improvement, particularly in transparency and financial reporting. Addressing these limitations could enhance trust and support from the community and potential donors.

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

Echo Ministries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Echo 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: $128,300
Professional Fundraising Fees: $0
Other Salaries and Wages: $83,608

For more financial information, click here

Official website here: www.echoministries.net