The Sean Elmore Memorial Fund Inc

Charity Navigator Rating: 1 Star (50%)

The Sean Elmore Memorial Fund Inc has received a one-star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The charity scored only 50% overall, with notable deficiencies in governance, including a lack of independent board members and missing essential policies such as conflict of interest and whistleblower protections. These factors contribute to the low rating and raise questions about the organization’s operational transparency.

Despite the shortcomings in governance, the organization shows a strong commitment to its mission by maintaining a high program expense ratio of 82.97%. This suggests that a substantial portion of its resources is directed toward its charitable activities, indicating a focus on fulfilling its objectives. However, the absence of basic operational policies and documentation detracts from the overall effectiveness and trustworthiness of the organization.

The lack of a website listed on the tax form and missing board meeting minutes further compounds the issues highlighted in the rating. For potential donors or supporters, these factors serve as a cautionary note regarding the importance of transparency and governance in nonprofit organizations. Interested individuals may want to conduct further research before contributing to ensure their funds will be used effectively.

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

The Sean Elmore Memorial Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Sean Elmore Memorial Fund Inc submitted a form 990EZ, 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.