Faith Road Ministries Inc

Charity Navigator Rating: Needs Improvement

Faith Road Ministries Inc has received a two-star rating from Charity Navigator, indicating that the organization has room for improvement with an overall score of 73%. While it excels in areas such as having a majority independent board and a strong financial ratio of liabilities to assets, it falls short in transparency and governance practices. The absence of essential policies and the lack of a website listed on their tax form raise concerns about their accountability.

The organization has demonstrated solid financial management through a commendable program expense ratio and material diversion of assets, which are positive indicators of its operational efficiency. However, the missing conflict of interest policy, whistleblower policy, and document retention guidelines suggest a need for better governance frameworks. These omissions could potentially hinder the organization's ability to operate transparently and ethically.

Overall, while Faith Road Ministries Inc has strengths in financial health and governance structure, the significant gaps in critical policies and public information signal the need for enhancements in their operational practices. Improving these areas could elevate their standing and trustworthiness in the nonprofit sector.

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

Faith Road Ministries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Faith Road Ministries 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: $22,865
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

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