New Mercy Outreach Inc

Charity Navigator Rating: 27%

New Mercy Outreach Inc has received a rating of 27%, resulting in a Zero-Star out of Four Stars designation. This score reflects significant concerns regarding the organization's accountability and financial practices. While the charity boasts a majority of independent board members, it falls short in several critical areas, particularly in transparency and financial reporting.

The organization achieved a perfect score for having independent board members and for maintaining proper documentation of board meeting minutes. However, it lacks essential financial statements, a conflict of interest policy, and a whistleblower policy, all of which are crucial for ensuring effective governance and accountability. Additionally, the absence of its website on tax forms and other missing documentation detracts from its credibility.

Financially, the charity's program expense ratio stands at 42.06%, which raises questions about how funds are allocated. A liabilities to assets ratio of 7.64% also signals potential financial instability. Overall, while New Mercy Outreach Inc shows strengths in governance, its significant transparency and financial reporting deficiencies warrant caution for potential donors.

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

New Mercy Outreach Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Mercy Outreach 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: $52,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $232,803

For more financial information, click here

Official website here: www.newmercyoutreach.com