Passion Ministries Inc

Charity Navigator Rating: 47% (Zero-Star out of Four Star Rating)

Passion Ministries Inc has received a low score of 47%, which translates to a Zero-Star rating. This rating is primarily based on the Accountability & Finance beacon, indicating significant concerns regarding financial practices and governance. The charity lacks independent board members, which raises questions about its oversight and decision-making processes.

Strengths include a high program expense ratio of 91.87%, suggesting that a significant portion of its funds is directed toward its mission-related activities. Additionally, the organization has established policies on conflicts of interest, whistleblower protections, and document retention, which reflect some commitment to ethical governance.

However, notable limitations include the absence of independent board members, missing financial statements, and a high liabilities-to-assets ratio of 986.10%. The lack of transparency is further compounded by the absence of required documents such as board meeting minutes and tax forms on the nonprofit's website, which can hinder public accountability and trust in the organization.

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

Passion Ministries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Passion 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: $82,630
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here