Steps To New Freedom

Charity Navigator Rating: 76% (Three-Star out of Four Star rating)

Steps To New Freedom has received a Three-Star rating from Charity Navigator, reflecting a decent level of accountability and financial health. The score is notably influenced by its strong performance in areas such as board independence and a low liabilities-to-assets ratio. This suggests that the organization effectively manages its finances and maintains a robust governance structure.

Despite its strengths, the organization has significant areas for improvement, particularly in governance policies. The lack of a conflict of interest policy, whistleblower policy, and documentation retention and destruction policy raises concerns about transparency and risk management practices. These deficiencies could potentially impact the organization’s overall accountability.

On the positive side, the charity demonstrates a commendable program expense ratio of 80.02%, indicating that a substantial portion of its funds is directed towards its programs. Overall, while Steps To New Freedom shows promise in its financial management and governance, addressing its policy gaps would enhance its credibility and effectiveness.

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

Steps To New Freedom is a legitimate nonprofit organization registered as a 501(c)(3) entity. Steps To New Freedom 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: $120,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $41,859

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Official website here: www.none