Iglesia Nueva Esperanza Viva

Charity Navigator Rating: 77%, Three-Star out of Four Star rating

Iglesia Nueva Esperanza Viva has received a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and finance. This rating is derived entirely from a single beacon score, reflecting strong adherence to financial best practices and organizational transparency. In the most recent fiscal year, the nonprofit demonstrated no material diversion of assets and maintained a high program expense ratio of 100%, ensuring that all funds are directed toward its mission.

The organization has implemented effective policies, achieving top scores in areas such as conflict of interest, whistleblower protections, and document retention. Additionally, all required documents, including board meeting minutes, are readily available, enhancing transparency and accountability. The liabilities to assets ratio is also favorable at 39.54%, indicating a relatively low level of debt compared to its assets.

Despite these strengths, there are no specific challenges or limitations highlighted in the data provided. Overall, Iglesia Nueva Esperanza Viva appears to be financially sound and committed to its mission, making it a viable option for those looking to support nonprofit initiatives.

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

Iglesia Nueva Esperanza Viva is a legitimate nonprofit organization registered as a 501(c)(3) entity. Iglesia Nueva Esperanza Viva 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: $44,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $23,235

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