Friends Of Dresden Inc

Charity Navigator Rating: Two-Star out of Four Star rating (Needs Improvement, 73%)

Friends Of Dresden Inc has received a two-star rating from Charity Navigator, indicating that the organization requires improvement in certain areas. While it has a solid Accountability & Finance score of 73%, the organization excels in aspects such as having a majority of independent board members and a low liabilities to assets ratio. Its program expense ratio is also commendable at 74.67%, suggesting effective allocation of funds towards its mission.

However, the nonprofit has several significant shortcomings that contribute to its overall rating. Notably, it lacks essential policies such as a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, all of which are critical for governance and transparency. Additionally, the organization has not disclosed its tax forms on its website, which detracts from its accountability.

Overall, while Friends Of Dresden Inc demonstrates strong financial management and governance features, the absence of critical policies raises concerns about transparency and ethical practices. Addressing these issues could enhance the organization's rating and public trust.

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

Friends Of Dresden Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of Dresden Inc submitted a form 990EZ, 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.