Art4Life

Charity Navigator Rating: 70%, Two-Star out of Four Star rating

Art4Life has received a two-star rating from Charity Navigator, indicating a moderate level of accountability and financial health. The organization's accountability and finance score stands at 70, which suggests that while there are some strengths in governance, notably a high percentage of independent board members, there are critical gaps, particularly in financial transparency. The absence of financial statements and a conflict of interest policy are significant concerns.

Despite these shortcomings, Art4Life demonstrates effective use of its resources, with an impressive program expense ratio of 83.92%. This indicates that a substantial portion of the organization’s funds is directed towards its programs rather than administrative costs. The organization has also shown a commitment to maintaining ethical practices by having a whistleblower policy and documented board meeting minutes.

Overall, while Art4Life has strengths in program execution and governance structure, the lack of essential financial documents and policies may limit its perceived credibility among potential donors and stakeholders. Addressing these issues could enhance its rating and provide greater confidence in its operations.

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

Art4Life is a legitimate nonprofit organization registered as a 501(c)(3) entity. Art4Life 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: $98,385
Professional Fundraising Fees: $0
Other Salaries and Wages: $475,532

For more financial information, click here

Official website here: www.art4life.net