Ascension Lutheran Church Foundation

Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement)

Ascension Lutheran Church Foundation has received a Two-Star rating from Charity Navigator, indicating a need for improvement in certain operational areas. The organization has an overall score of 73%, reflecting solid performance in aspects like board independence and financial management, with a liabilities to assets ratio of 0.41%, demonstrating fiscal responsibility. The program expense ratio is commendable at 81.41%, suggesting that a significant portion of its expenses is directed towards its programs.

However, the foundation faces challenges in governance and transparency. Notably, the organization lacks several key policies, including a conflict of interest policy, a whistleblower policy, and a document retention policy, all of which received zero points. Additionally, essential documents, such as the tax form, are not posted on its website, which detracts from its accountability and transparency efforts.

The foundation's governance structure is strong, with a fully independent board, yet the absence of critical policies may raise concerns for potential donors regarding the organization's long-term sustainability and ethical practices. Addressing these shortcomings could improve its rating and enhance trust among supporters.

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

Ascension Lutheran Church Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ascension Lutheran Church Foundation 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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