Lown Cardiovascular Group Inc

77% rating from Charity Navigator indicates that Lown Cardiovascular Group Inc has achieved a Three-Star out of Four Star rating, reflecting a solid performance primarily in the Accountability & Finance category. Their overall score is based entirely on this beacon, showing that they prioritize transparency and fiscal responsibility. The score highlights strengths in areas like financial oversight and program expense ratio.

Strengths include a high program expense ratio of 86.60%, indicating that a majority of their funds are directed toward their mission-related activities. They also scored well in financial oversight and the presence of necessary policies like conflict of interest and document retention. However, notable limitations include a low percentage of independent board members at 28%, which raises questions about governance.

Additionally, the organization lacks a whistleblower policy, which could be a concern regarding internal governance and accountability practices. While the absence of material diversion of assets is a positive aspect, the combination of governance issues indicates that there is room for improvement in board independence and policy completeness to enhance overall accountability.

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

Lown Cardiovascular Group Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lown Cardiovascular Group Inc 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: $962,274
Professional Fundraising Fees: $0
Other Salaries and Wages: $722,041

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Official website here: www.lowngroup.org