Golden Rule Services Inc

Charity Navigator Rating: Needs Improvement - Two-Star out of Four Star rating

Golden Rule Services Inc has received a two-star rating from Charity Navigator, indicating a need for improvement. The organization scored 69% overall, with a perfect score in the Accountability & Finance category, reflecting strong management of financial resources. However, significant gaps in transparency were noted, particularly in the absence of key policies such as conflict of interest and whistleblower protections.

The organization demonstrates solid financial health, evident from a program expense ratio of 81.13%, suggesting that a substantial portion of its funds is directed towards its programs. Additionally, it has a low liabilities to assets ratio of 7.54%, which indicates a stable financial footing. Despite these positives, the lack of published financial statements and missing documents on its website raises concerns about openness and could affect donor trust.

The board structure shows a good level of independence with 60% of members being independent, which is a positive sign for governance. However, the missing policies and documentation may hinder the organization's ability to fully meet best practices for accountability and transparency, which are critical for fostering confidence among supporters and stakeholders.

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

Golden Rule Services Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Golden Rule Services 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: $1,402,157

For more financial information, click here

Official website here: www.goldenruleservices.org/