International Baptist Church Ministries Inc

Charity Navigator Rating: Needs Improvement

International Baptist Church Ministries Inc has received a Two-Star out of Four Star rating from Charity Navigator, indicating that the organization requires improvements in its operational and financial accountability. While it boasts a high program expense ratio of 99.72%, demonstrating that nearly all of its expenses are directed toward its mission, concerns arise from the absence of key policies, including conflict of interest and whistleblower protections.

The organization benefits from a fully independent board with ten members, contributing positively to its governance structure. Additionally, it has demonstrated excellent practices in asset management, with no liabilities and effectively no loans to officers, allowing for a strong financial standing in terms of asset management.

However, the missing policies and a low working capital ratio of only 0.05 years raise concerns about the organization's long-term sustainability and governance practices. These limitations suggest that while the organization is committed to its mission, there are significant areas that need attention to ensure proper management and accountability.

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

International Baptist Church Ministries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. International Baptist Church 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $12,946

For more financial information, click here

Official website here: www.ibcmworld.com