Torah Links Of Lakewood Inc

Charity Navigator Rating: 64% (Two-Star out of Four Stars)

Torah Links Of Lakewood Inc has received a Two-Star rating from Charity Navigator, indicating that while the organization demonstrates some solid financial practices, there are significant areas needing improvement. The charity has a good program expense ratio of 90.45%, showing that a majority of its funds are directed toward its programs rather than administrative costs, and it also exhibits strong fundraising efficiency with no fundraising expenses reported.

However, the organization faces notable shortcomings in accountability and transparency. It lacks essential financial statements, a whistleblower policy, and a document retention policy, all of which negatively impact its overall score. Additionally, while it has a fully independent board, its size is limited to just three independent members, which raises concerns about governance and oversight.

In summary, Torah Links Of Lakewood Inc shows commendable dedication to its mission through its financial ratios, but the lack of necessary policies and documentation could hinder its credibility and operational effectiveness. Stakeholders may want to consider these factors when evaluating the charity's overall performance and trustworthiness.

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

Torah Links Of Lakewood Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Torah Links Of Lakewood 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: $207,258
Professional Fundraising Fees: $0
Other Salaries and Wages: $327,641

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