Cornerstone Counseling Center Of Ames Inc

Rating from Charity Navigator: One-Star out of Four Stars (50%)

Cornerstone Counseling Center of Ames Inc has received a One-Star rating due to significant concerns in accountability and financial practices. The organization shows a concerning lack of independent board members, as well as missing key governance documents such as conflict of interest and whistleblower policies. These deficiencies indicate potential weaknesses in oversight and transparency.

Despite the low rating, the organization demonstrates a solid commitment to its mission with a high program expense ratio of 85.88%, meaning a large portion of its funds are directed towards its programs. Additionally, the liabilities to assets ratio is relatively low at 3.79%, suggesting that the organization maintains a manageable level of debt compared to its assets.

However, the absence of financial statements and crucial governance documents raises questions about the overall management and sustainability of the organization. The lack of an independent board and transparency in reporting are significant limitations that could impact donor confidence and public trust.

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

Cornerstone Counseling Center Of Ames Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cornerstone Counseling Center Of Ames 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: $110,176

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