Nalls Foundation

Charity Navigator Rating: 48% (Zero-Star out of Four Star Rating)

The Nalls Foundation has received a score of 48%, resulting in a Zero-Star rating from Charity Navigator, reflecting significant concerns regarding its accountability and financial practices. While the organization has a commendable program expense ratio of 84.85%, indicating a high percentage of expenses directed towards its programs, it has several critical weaknesses in governance and transparency that have negatively impacted its overall rating.

Key strengths of the organization include a fully independent board, with 66% of its members meeting independence criteria, and no reported material diversion of assets. However, the foundation has several missing policies, such as conflict of interest and whistleblower policies, which raises concerns about its operational integrity and governance. Additionally, the absence of its website on tax forms and other documentation further detracts from its transparency.

Overall, while the Nalls Foundation demonstrates a commitment to its programs, the lack of essential governance policies and transparency measures suggests that potential donors may want to exercise caution. The significant liabilities to assets ratio and missing documentation could indicate underlying financial management issues that need to be addressed for the organization to improve its standing and trustworthiness.

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

Nalls Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nalls Foundation 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: $9,150
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,100

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