Changed Lives Ministry Inc

Charity Navigator Rating: 67%, Two-Star out of Four Star rating.

Changed Lives Ministry Inc has received a 67% rating, indicating that while the organization demonstrates solid accountability and financial practices, there are areas requiring improvement. Key strengths include a fully independent board, a high program expense ratio of 92.82%, and no reported material diversion of assets, suggesting a focus on mission-related expenses and transparency in governance.

However, the organization faces significant challenges, notably the absence of essential policies such as a conflict of interest policy and a whistleblower policy, which are crucial for fostering ethical practices. Additionally, there are issues with financial transparency, as the charity has not provided financial statements on its website and does not have its tax form listed, which could hinder donor trust and accessibility to information.

Overall, while Changed Lives Ministry Inc shows a commitment to its mission and responsible management of funds, enhancing its transparency and governance policies could significantly strengthen its operations and trustworthiness in the eyes of donors and the public.

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

Changed Lives Ministry Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Changed Lives Ministry 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: $7,860
Professional Fundraising Fees: $0
Other Salaries and Wages: $70,555

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