Cherry Grove Dune Fund Inc

Charity Navigator Rating: 53% (One-Star out of Four Stars)

Cherry Grove Dune Fund Inc has received a low rating of 53% from Charity Navigator, which reflects significant concerns regarding its accountability and financial practices. The rating is based solely on accountability metrics, indicating a lack of transparency and governance oversight. Notably, the organization has no independent board members, which raises concerns about potential conflicts of interest.

Despite the governance issues, Cherry Grove Dune Fund Inc demonstrates strength in its financial management, with a high program expense ratio of 86.74%. This suggests that the majority of its funds are directed towards its programs rather than administrative costs. However, the absence of essential policies such as conflict of interest and whistleblower policies, along with missing documentation on its website, detracts from its overall accountability.

The organization's failure to meet several transparency benchmarks, including not having a website listed on its tax form and lacking a posted tax form on its site, further undermines the trustworthiness of its operations. Consequently, while the organization may be effective in its mission, it faces critical challenges in governance and transparency that potential donors should consider.

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

Cherry Grove Dune Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cherry Grove Dune Fund 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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