Bridgeport Hospital School Of Nursing Alumnae Association Inc

Charity Navigator Rating: 33%, Zero-Star out of Four Star rating.

The Bridgeport Hospital School of Nursing Alumnae Association Inc has received a low rating of 33% from Charity Navigator, indicating significant concerns regarding its accountability and financial management. While the organization has achieved perfect scores for having a majority of independent board members and maintaining no material diversion of assets, it falls short in key areas such as transparency and governance policies. The absence of a conflict of interest policy, whistleblower policy, and document retention policies suggests serious gaps in operational governance.

Furthermore, the organization’s financial ratios raise additional concerns, particularly its low program expense ratio of 40.52%, which implies that a smaller portion of its resources is being utilized for its intended charitable programs. The liabilities to assets ratio at 0.00% could indicate a lack of financial leverage, but in conjunction with the other metrics, it raises questions about overall financial health and sustainability.

In summary, while the Bridgeport Hospital School of Nursing Alumnae Association Inc shows strong board independence and ethical practices regarding asset diversion, its overall score reflects considerable deficits in policy frameworks and programmatic investment that potential donors and stakeholders should carefully consider.

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

Bridgeport Hospital School Of Nursing Alumnae Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bridgeport Hospital School Of Nursing Alumnae Association 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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