Pilgrim Baptist Church

Charity Navigator Rating: Needs Improvement - Overall score: 73%, earning a Two-Star out of Four Star rating. The rating reflects a strong performance in accountability and finance, scoring 100%, which indicates robust governance practices, including having a majority of independent board members. The organization has successfully implemented critical policies like document retention and destruction, as well as maintaining proper board meeting minutes.

However, the nonprofit faces significant challenges in its financial reporting, particularly reflected in a score of 0 out of 15 points for financial statements. Additionally, the absence of a conflict of interest policy and a whistleblower policy, both scoring 0 out of 4 points, raises concerns about transparency and ethical oversight. The lack of a posted tax form on the nonprofit's website further detracts from its overall accountability.

Despite its financial strength, as indicated by a program expense ratio of 70.42% and a liabilities to assets ratio of 42.90%, the noted limitations in governance policies and financial documentation suggest that Pilgrim Baptist Church has areas needing improvement to enhance its accountability and operational transparency.

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

Pilgrim Baptist Church is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pilgrim Baptist Church 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: $236,466
Professional Fundraising Fees: $0
Other Salaries and Wages: $133,720

For more financial information, click here

Official website here: www.pilgrimbcsm.org