Latin American Mennonite Project Inc

Charity Navigator Rating: 80% (Three-Star out of Four Star Rating)

The Latin American Mennonite Project Inc has received a favorable rating of 80%, reflecting a solid performance in accountability and finance. The rating is based solely on the Accountability & Finance score, indicating that the organization maintains a strong commitment to transparency and responsible financial practices. The absence of material diversion of assets and a perfect score for having an independent board suggests a well-governed organization.

Strengths of the organization include a high program expense ratio of 91.93%, meaning that a significant portion of its funds is directed towards its programs rather than administrative costs. The organization also benefits from a fully independent board, with all members meeting the criteria for independence. This governance structure is complemented by documented board meeting minutes and an established conflict of interest policy.

While the overall rating is positive, it's important to note that the score is derived from a single beacon score, which may not capture the full scope of the organization's impact or effectiveness in achieving its mission. Future assessments may benefit from a broader evaluation that includes programmatic outcomes in addition to financial accountability.

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

Latin American Mennonite Project Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Latin American Mennonite Project 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

For more financial information, click here