On Track Ministries Inc

Charity Navigator Rating: 50% (One-Star out of Four Star Rating)

On Track Ministries Inc has received a low rating of 50%, indicating significant concerns regarding its accountability and financial practices. The organization has a complete absence of independent board members, which raises questions about governance and oversight. Key policies that are typically crucial for transparency, such as a conflict of interest policy and a whistleblower policy, are notably missing, contributing to the low score.

Despite its accountability shortcomings, the organization demonstrates a positive aspect in its program expense ratio, which stands at 70.13%. This suggests that a substantial portion of its funds is directed towards its programs, reflecting a commitment to fulfilling its mission. The liabilities to assets ratio is also favorable at 0.22%, indicating a stable financial position relative to its assets.

However, the lack of essential documentation and transparency measures, such as a missing website linked to the tax form and absence of meeting minutes, severely detracts from its overall rating. This situation underscores the need for improvement in governance practices to enhance trust and accountability to donors and stakeholders.

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

On Track Ministries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. On Track 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: $84,800

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