Insight Foundation Inc

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Stars, 60%)

The Insight Foundation Inc has received a two-star rating from Charity Navigator, indicating areas that require improvement, particularly in governance practices. While the organization demonstrates a strong program expense ratio of 99.61%, suggesting that the majority of its expenditures are directed toward programs rather than administrative costs, its overall accountability and finance score is only 60%. This raises concerns about the organization's financial transparency and governance practices.

One notable strength of Insight Foundation is the absence of material diversion of assets, which is a positive sign for potential donors. However, the organization struggles with board independence, lacking sufficient independent members, and has not implemented critical policies such as a whistleblower policy and document retention procedures. Additionally, the organization's website is not listed on its tax form, which could hinder accessibility of information for stakeholders.

In conclusion, while the Insight Foundation Inc demonstrates a commitment to programmatic spending, it faces significant challenges in governance and transparency. Improving board independence and establishing necessary policies could enhance its rating and increase donor confidence.

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

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

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