"Our Platinum GuideStar Seal of Transparency provides current investors an additional perspective of the progress we are making as well as pointing new investors to a ministry that brings remarkable returns in the form of transformed lives in Nicaragua.”
VIRGINIA BEACH, Va. (PRWEB) December 18, 2018
ORPHANetwork earned the 2018 Platinum GuideStar Nonprofit Profile Seal of Transparency, the highest level of recognition offered by GuideStar, the world’s largest source of nonprofit information. By sharing metrics that highlight progress ORPHANetwork is making toward its mission, the organization is helping investors move beyond simplistic ways of nonprofit evaluation such as overhead ratios.
"In accordance with our long-held belief in being transparent about our work,” said Dick Anderson, CEO, “we are excited to convey our organization’s results in a user-friendly and highly visual manner. By updating our GuideStar Nonprofit Profile to the Platinum level, we can now easily share a wealth of up-to-date organizational metrics with our investors as well as GuideStar's immense online audience.”
To reach the Platinum level, ORPHANetwork added extensive information to its Nonprofit Profile on GuideStar: basic contact and organizational information; in-depth financial information; qualitative information about goals, strategies, and capabilities; and quantitative information about results and progress toward its mission.
ORPHANetwork is a metrics-driven and results focused organization. “It’s important our investors trust that we are using their money wisely to accomplish ORPHANetwork's strategic mission," said Dick Anderson, Executive Director of ORPHANetwork. "Our Platinum GuideStar Seal of Transparency provides current investors an additional perspective of the progress we are making as well as pointing new investors to a ministry that brings remarkable returns in the form of transformed lives in Nicaragua.”
OPRHANetwork serves more than 20,000 vulnerable and orphaned children in Nicaragua. Believing that the local church is the "Hope of the World," ORPHANetwork works through the local Nicaraguan church to break cycles of poverty through health, education and jobs.
About GuideStar Nonprofit Profiles
The GuideStar database contains a profile for every tax-exempt nonprofit registered with the IRS. GuideStar encourages every nonprofit to claim and update its profile at no cost to the organization. Updating allows nonprofits to share a wealth of up-to-date information with the more than 8 million people who visit GuideStar to learn more about nonprofit organizations each year. Updating also allows nonprofits to share information with the more than 200 philanthropic websites and applications that are powered by GuideStar data. To reach a given participation level, organizations need to complete all required fields for that participation level. The GuideStar participation levels, acknowledged as symbols of transparency in the nonprofit sector, are displayed on all updated participants' profiles in the GuideStar database.