Missionary Baptist Foundation Of America Inc

Charity Navigator Rating: Needs Improvement (60% - Two-Star out of Four Star rating)

The Missionary Baptist Foundation of America Inc has received a Needs Improvement rating from Charity Navigator, indicating concerns about its overall performance. While the organization excels in accountability and finance with a perfect score of 100%, it demonstrates significant weaknesses in governance, particularly regarding its board composition and transparency. The absence of independent board members and inadequate financial statement disclosures are highlighted as critical issues.

Despite the financial stability reflected in the liabilities to assets ratio and program expense ratio, the foundation's lack of a robust governance structure raises questions about its oversight and strategic direction. Key governance policies, such as a whistleblower policy and proper website disclosure of tax forms, are either missing or incomplete, suggesting a need for improvement in organizational practices.

Overall, while the foundation maintains a strong financial position, the governance challenges it faces could impact its effectiveness and public perception. Addressing these issues could lead to a more favorable evaluation in the future and enhance its ability to serve its mission effectively.

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

Missionary Baptist Foundation Of America Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Missionary Baptist Foundation Of America 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: $203,652
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,513,689

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