Mystic Meditation Inc

Charity Navigator Rating: Needs Improvement (67%)

Mystic Meditation Inc has received a two-star rating from Charity Navigator, indicating that the organization has significant areas for improvement, particularly in its accountability and financial transparency. While the nonprofit boasts a high program expense ratio of 99.42%, showing that nearly all its expenses go towards its mission, it lacks essential financial documentation, which has led to a low overall score.

The organization is well-governed with 100% of its board members being independent, signifying strong organizational oversight. However, the absence of several key policies, such as a conflict of interest policy and whistleblower policy, raises concerns about governance practices. Additionally, the lack of publicly available financial statements further detracts from its accountability score.

Overall, while Mystic Meditation Inc demonstrates a strong commitment to its programs, the deficiencies in financial reporting and governance policies suggest that potential donors should approach with caution and consider the need for improved transparency before contributing.

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

Mystic Meditation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mystic Meditation 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: $17,200
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

Official website here: www.mysticmeditation.org