Napoleon B Gale Trust 003023

Charity Navigator Rating: One-Star out of Four Stars (56%)

The Napoleon B Gale Trust has received a One-Star rating from Charity Navigator, which indicates significant concerns regarding its accountability and financial practices. With a score of 56%, the organization struggles primarily due to a lack of independent board members, which could raise questions about governance and oversight. Although there are no material diversions of assets, the absence of independent board members is a critical weakness.

On a positive note, the charity has demonstrated some strengths in its policies, as it has established a conflict of interest policy and a whistleblower policy, both of which are essential for maintaining transparency and accountability. Additionally, the trust has a perfect score for its liabilities to assets ratio, suggesting a solid financial foundation. However, the missing website information on the tax form is a notable gap in transparency.

Despite having a program expense ratio of 55.53%, which shows that over half of its expenses go directly to programs, the overall governance structure and lack of independent oversight are concerning. These factors contribute to the low rating and suggest the need for improvements in leadership and communication with stakeholders.

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

Napoleon B Gale Trust 003023 is a legitimate nonprofit organization registered as a 501(c)(3) entity. Napoleon B Gale Trust 003023 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: $11,327
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

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