The Institute Foundation Inc

Charity Navigator rating: 47%, Zero-Star out of Four Star rating.

The Institute Foundation Inc has received a significantly low rating, reflecting concerns regarding its accountability and financial practices. The organization lacks an independent board, with 0% of board members being independent, which raises questions about governance. Additionally, critical policies such as conflict of interest and whistleblower protections are absent, indicating potential vulnerabilities in organizational oversight.

On a positive note, the foundation has a high program expense ratio of 87.20%, suggesting that a large proportion of its funds are directed toward its programs rather than administrative costs. However, the absence of financial statements and failure to post necessary documents, including tax forms on its website, further detracts from its transparency and fiscal responsibility.

Overall, while The Institute Foundation Inc demonstrates a commitment to program spending, its governance structure and financial reporting practices leave much to be desired, contributing to its low rating and raising red flags for potential donors.

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

The Institute Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Institute Foundation 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: $180,400
Professional Fundraising Fees: $0
Other Salaries and Wages: $730,628

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Official website here: www.sai2000.org