The Jack Robert Young Memorial Foundation

Charity Navigator Rating: 16% (Zero-Star out of Four Star Rating)

The Jack Robert Young Memorial Foundation has received a low rating of 16%, indicating significant concerns regarding its accountability and financial practices. The rating is based entirely on a single beacon score focused on accountability and finance, where the foundation has failed to meet several key benchmarks. Notably, there are no independent board members, raising questions about governance and oversight.

The foundation has reported no material diversion of assets, which is a positive sign, but lacks essential policies such as conflict of interest, whistleblower, and document retention and destruction policies. Additionally, while meeting minutes are documented, the absence of the tax form on its website as required limits transparency and public trust.

Financially, the foundation's liabilities to assets ratio and program expense ratio score poorly, indicating potential inefficiencies in resource allocation. Overall, while there are some strengths in terms of asset management, the lack of governance, transparency, and financial accountability presents significant challenges for the foundation's credibility and effectiveness in fulfilling its mission.

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

The Jack Robert Young Memorial Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Jack Robert Young Memorial Foundation 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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Official website here: www.jrymemorialfound.org