Manddamiento Nuevo Corporation

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

Manddamiento Nuevo Corporation has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial management. While the organization scores well in areas such as having an independent board and a strong program expense ratio, it faces critical issues with a high liabilities-to-assets ratio, which is over 1142%. This suggests that the organization may be operating with substantial debt, raising concerns about its financial sustainability.

Additionally, the charity has several missing policies, including conflict of interest and whistleblower protections, which are important for ensuring transparency and ethical governance. The absence of these policies, coupled with a lack of publicly available tax documents on its website, reflects potential weaknesses in its operational procedures. Despite its high program expense ratio, these deficiencies highlight areas where the organization needs to improve in order to gain greater trust from stakeholders.

Overall, while Manddamiento Nuevo Corporation demonstrates strengths in certain governance aspects, the highlighted financial and policy shortcomings significantly impact its overall rating and could affect its long-term viability and public perception.

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

Manddamiento Nuevo Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Manddamiento Nuevo Corporation 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.