Living Hope Food Pantry Inc

Charity Navigator Rating: 73% (Two-Star out of Four Stars)

Living Hope Food Pantry Inc has received a rating of 73%, reflecting a two-star designation. This rating indicates that while the organization demonstrates some strong aspects, it also has significant areas for improvement, particularly in accountability and transparency.

The charity shows strengths in its governance, with 100% of its board members being independent, and a robust program expense ratio of 99.33%. This suggests that nearly all of its funds are directed towards its core mission of providing food support. Additionally, the organization has no reported material diversion of assets and maintains a low liabilities to assets ratio, which reflects financial stability.

However, several critical policies and practices are missing or inadequate. The absence of a whistleblower policy and document retention and destruction policy raises concerns about internal controls and accountability. Furthermore, financial statements were not provided, which detracts from the overall transparency of the organization. These limitations may affect donor confidence and the charity's ability to effectively communicate its financial health and operational integrity.

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

Living Hope Food Pantry Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Living Hope Food Pantry 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: $0

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Official website here: www.livinghopefoxlake.com/fox-lake-food-pantry/