Its Good To Know

Charity Navigator Rating: Needs Improvement

Its Good To Know has received a Two-Star out of Four Star rating from Charity Navigator, indicating that there are significant areas for improvement within the organization. The overall score of 64% suggests that while some aspects are commendable, such as having 100% independent board members and a strong program expense ratio of 80.73%, there are critical deficiencies in financial transparency and accountability.

One of the major limitations noted is the lack of financial statements and the absence of a conflict of interest policy, both of which are crucial for maintaining trust and accountability. Additionally, the organization scored poorly on documenting board meeting minutes and failing to post key documents, such as its tax form, on its website. These shortcomings may hinder potential donors' confidence in the organization's operations.

Despite its strengths in board independence and program spending, the noted issues raise important questions about governance and transparency. To enhance its rating and public perception, It’s Good To Know should prioritize implementing better financial practices and transparency measures moving forward.

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

Its Good To Know is a legitimate nonprofit organization registered as a 501(c)(3) entity. Its Good To Know 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: $3,972
Professional Fundraising Fees: $8,874
Other Salaries and Wages: $104,918

For more financial information, click here