Life Advancement Group

Charity Navigator Rating: 62%, earning a Two-Star out of Four Star rating. The Life Advancement Group shows a moderate level of accountability and financial health, with a considerable program expense ratio of 80.58%, indicating that the majority of its funds are directed towards its programs rather than administrative costs. The organization demonstrates good governance practices, including having an independent board and comprehensive policies on conflict of interest and whistleblowing.

However, there are significant concerns regarding the organization's financial position, as reflected in its liabilities to assets ratio of 96.88%. This high ratio suggests that the organization may face financial instability, potentially impacting its ability to sustain operations in the long term. While its board structure and policies are commendable, the financial stress indicated by these figures raises questions about its overall sustainability and effectiveness.

Despite these challenges, the Life Advancement Group maintains transparency by documenting board meeting minutes and making its website accessible on tax forms. Continued emphasis on improving financial health will be crucial for enhancing its rating and ensuring the organization's long-term viability in fulfilling its mission.

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

Life Advancement Group is a legitimate nonprofit organization registered as a 501(c)(3) entity. Life Advancement Group 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: $408,418

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