Reclaiming Victory Ministries Inc

Rating from Charity Navigator: 38% (Zero-Star out of Four Star rating)

Reclaiming Victory Ministries Inc has received a low rating of 38% from Charity Navigator, indicating significant concerns regarding its accountability and financial management. The score is entirely derived from the Accountability & Finance category, where the charity scored poorly in several key areas, including the absence of essential policies such as conflict of interest and whistleblower protections. While the organization has a fully independent board and meets some governance requirements, many crucial transparency practices are lacking.

The charity does have strengths, notably a fully independent board and proper documentation of board meeting minutes. However, the high liabilities to assets ratio of 97.02% raises questions about the financial health of the organization, potentially impacting its ability to sustain operations or fund programs effectively. The program expense ratio of 53.87% suggests that less than half of its expenditures are going towards its stated mission and programs.

Overall, the low score and missing policies indicate that Reclaiming Victory Ministries Inc may not be meeting best practices for transparency and accountability. Prospective donors should exercise caution and consider these factors before contributing, as the organization may face significant challenges in demonstrating responsible financial stewardship.

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

Reclaiming Victory Ministries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Reclaiming Victory Ministries 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: $45,896
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

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