Standard 8: Program Service Expense Ratio - Spend at least 65% of its total expenses on program activities.
Cornerstone Pregnancy Services does not meet this Standard because:
- Program expenses were 59% of total expenses.
Standard 16: Annual Report - Have an annual report available to all, on request, that includes: (a) the organization's mission statement, (b) a summary of the past year's program service accomplishments, (c) a roster of the officers and members of the board of directors, (d) financial information that includes (i) total income in the past fiscal year, (ii) expenses in the same program, fund raising and administrative categories as in the financial statements, and (iii) ending net assets.
Cornerstone Pregnancy Services does not meet this Standard because its annual report does not include:
- The organization’s mission statement
- A summary of program service accomplishments.
- A roster of the board of directors