Freshly Renewed Faith Based Transitional

Charity Navigator Rating: 52%

Freshly Renewed Faith Based Transitional has received a One-Star out of Four Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The overall score, which stands at 52%, is solely derived from accountability and finance metrics. While the organization has a strong program expense ratio of 85.82%, suggesting that a substantial portion of its funds supports its programs, the liabilities to assets ratio is a considerable point of concern.

The organization benefits from a fully independent board, with all members being independent, and it conducts its board meetings properly as evidenced by documented minutes. These factors reflect positively on its governance structure. However, the high liabilities to assets ratio of 76.20% raises questions about its financial sustainability and ability to meet obligations, which is a significant limitation that potential donors should consider.

Overall, while Freshly Renewed Faith Based Transitional demonstrates strengths in governance and program funding, the low accountability and finance score suggests that there are critical areas needing improvement, particularly in managing financial liabilities. Donors may want to exercise caution and seek further information before contributing.

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

Freshly Renewed Faith Based Transitional is a legitimate nonprofit organization registered as a 501(c)(3) entity. Freshly Renewed Faith Based Transitional 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: $261,682

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