Seafield Resources Inc

Charity Navigator rating: 1-Star out of Four Stars (50%).

Seafield Resources Inc has received a low rating of 50%, indicating significant concerns regarding its accountability and financial practices. The organization has no independent board members, which raises questions about governance and oversight. Additionally, several critical policies, such as those addressing conflicts of interest and whistleblower protections, are missing, which further undermines transparency.

Despite the shortcomings in governance and reporting, the organization has a solid program expense ratio of 100%, suggesting that all its expenditures are directed toward its programs. However, the absence of financial statements and documentation raises serious concerns about the overall transparency of its financial operations.

The lack of essential policies and public documents, including the absence of a website listed on the tax form, limits stakeholders' ability to assess the organization's effectiveness and integrity fully. These factors combined contribute to a lack of trust and confidence in Seafield Resources Inc.

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

Seafield Resources Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Seafield Resources 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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