Grace Counseling Inc

Rating from Charity Navigator: Zero-Star out of Four Stars (43%)

Grace Counseling Inc has received a low score of 43%, leading to a Zero-Star rating, which indicates significant issues with accountability and financial transparency. The organization is marked by a lack of independent board members and has not provided essential financial statements, raising concerns about governance and oversight.

Despite some positive aspects, such as a high program expense ratio of 92.02%, the absence of critical policies like a conflict of interest policy and document retention raises red flags. Their financial health appears precarious, with a liabilities to assets ratio of 73.56%, which suggests potential financial instability.

Overall, while Grace Counseling Inc may be committed to its programs, the organization's governance structure and financial practices warrant caution for potential donors and stakeholders. Improving transparency and accountability would be essential steps for enhancing trust and credibility.

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

Grace Counseling Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Grace Counseling 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: $89,079
Professional Fundraising Fees: $0
Other Salaries and Wages: $742,743

For more financial information, click here

Official website here: www.gracecounselingresources.com