‘MinistryWatch’ Gives These 15 Ministries an ‘F’ For Fiscal Accountability
MinistryWatch is an organization designed to empower donors to Christian ministries. They do this by “profiling public Christian charities, churches and parachurch ministries” and then reporting on the results in order to “limit consequences of scams and prevention of fraudulent activity, promote better allocations of giving, encourage intelligent questions of organizational structure, financial health, and advance the idea of organizational transparency and best practices.”
In order to do so, and to keep it simple, when they audit ministries they look for three things: the completion and public availability of a Form 990, the completion and public release of an audited financial statement, and membership in the Evangelical Council for Financial Accountability (ECFA)
The grading system is simple.
- If a ministry complies with all three of the standards above, that ministry will receive a Transparency Grade of “A.”
- If a ministry meets two of the three standards, that ministry will receive a “C.”
- If a ministry meets only one of these standards, it will receive a “D.”
- If it fails to meet any of the three standards, that ministry will receive a Transparency Grade of “F.”
Yesterday they released their annual Top 15 Worst Christian Ministries to Donate to, and its about what you’d expect- basically all populated by Word-Faith heretics who are known to make millions of preaching the prosperity gospel.
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So. Just join ECFA and you’ll be golden. Sounds like a pretty self-serving organization.
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