Margaret Okari Children's Foundation

Charity Navigator Rating: Needs Improvement, Two-Star out of Four Star rating (Overall Score: 73%)

The Margaret Okari Children's Foundation has received a two-star rating from Charity Navigator, indicating that it needs improvement. The organization demonstrates strong accountability and financial practices, highlighted by a perfect score on its liabilities to assets ratio and an impressive program expense ratio of 98.35%, suggesting that a significant portion of funds is directed towards its programs.

However, there are notable weaknesses in governance and transparency. The foundation lacks essential policies such as a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, which are crucial for ethical operation. Additionally, the absence of the organization's website on tax forms and failure to post its tax form on its website further detracts from its accountability.

While the foundation's independent board composition and meeting documentation are commendable, the missing transparency elements suggest that they need to enhance their governance framework to gain the trust and confidence of potential donors and stakeholders.

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

Margaret Okari Children's Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Margaret Okari Children's Foundation 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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