San Francisco Neighborhood Theater Foundation

Charity Navigator Rating: 58%, One-Star out of Four Star rating

The San Francisco Neighborhood Theater Foundation received a low rating of 58% from Charity Navigator, reflecting concerns primarily around its accountability and finance practices. While the organization excels in having a majority independent board and a solid program expense ratio, it lacks several critical policies, such as a conflict of interest policy and a whistleblower policy, which are essential for maintaining trust and transparency.

The foundation has demonstrated strong governance characteristics, including no material diversion of assets and an appropriate number of independent board members. However, the absence of key governance documents, such as board meeting minutes, raises questions about its operational transparency and decision-making processes. Furthermore, a concerning liabilities to assets ratio of 93.15% indicates potential financial instability.

Overall, while the San Francisco Neighborhood Theater Foundation has notable strengths in its governance structure and program expenditures, the significant gaps in policies and potential financial vulnerabilities are areas that could benefit from improvement to enhance its accountability and overall effectiveness as a nonprofit organization.

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

San Francisco Neighborhood Theater Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. San Francisco Neighborhood Theater 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

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Official website here: www.sfntf.org