Bronxcare New Directions Fund

Rating from Charity Navigator: 41%, Zero-Star out of Four Star rating.

Bronxcare New Directions Fund has received a low rating of 41% from Charity Navigator, reflecting significant concerns regarding its accountability and financial practices. The organization has a particularly low score regarding its board independence, with only 33% of its board members being independent. This raises questions about governance and oversight, which are crucial for transparency in nonprofit operations.

While the organization has performed well in areas such as having an audit and oversight committee and implementing policies related to conflict of interest and whistleblowing, it lacks in financial transparency. Important documentation, such as its tax form, is missing from its website, and it shows a concerning 0.00% program expense ratio, indicating that no funds are being allocated to its programs, which could affect its overall mission effectiveness.

Overall, the charity faces significant challenges that could undermine its credibility and impact. Potential donors should consider these factors carefully, as the low rating suggests a need for improvement in governance, financial accountability, and program funding.

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

Bronxcare New Directions Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bronxcare New Directions Fund 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: $71,138

For more financial information, click here

Official website here: www.bronxcare.org