Robert R Decormier Memorial Trust Fund C/O Mary Lou Davis

Charity Navigator Rating: 73%, Two-Star out of Four Star rating.

The Robert R Decormier Memorial Trust Fund has received a rating of 73%, corresponding to a Two-Star designation. This rating indicates that while the organization demonstrates some strengths in accountability and financial management, there are significant areas for improvement. The fund achieved full scores for having a majority independent board, documenting board meeting minutes, and maintaining a favorable liabilities to assets ratio, all of which reflect strong governance practices.

However, the organization is lacking several key policies, including a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, which have contributed to a notably lower score in the accountability and finance category. Additionally, the absence of tax forms on the nonprofit’s website indicates a lack of transparency that could be concerning for potential donors and stakeholders. Addressing these gaps could enhance the trust and confidence of supporters in the fund's operations.

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

Robert R Decormier Memorial Trust Fund C/O Mary Lou Davis is a legitimate nonprofit organization registered as a 501(c)(3) entity. Robert R Decormier Memorial Trust Fund C/O Mary Lou Davis 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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