White Mountain Tuition Support Foundation Inc

Charity Navigator Rating: Needs Improvement

The White Mountain Tuition Support Foundation Inc has received a two-star rating from Charity Navigator, indicating that there are areas in need of improvement. With an overall score of 73%, the organization demonstrates strong accountability in certain aspects, including having a fully independent board and no material diversion of assets. However, the lack of financial statements and other key policies, such as a whistleblower policy and document retention guidelines, has negatively impacted their score.

Despite a commendable program expense ratio of 94.25%, the absence of crucial documentation, such as tax forms on their website, raises concerns about transparency. While the organization appears to manage its liabilities effectively, the missing financial statements and board policies suggest that there is room for enhancement in governance and accountability practices.

In conclusion, while the White Mountain Tuition Support Foundation displays some positive attributes, particularly in board independence and program spending, stakeholders may want to encourage the organization to address its deficiencies in financial transparency and policy implementation to improve its overall rating and trustworthiness.

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

White Mountain Tuition Support Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. White Mountain Tuition Support 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $26,562

For more financial information, click here

Official website here: www.whitemountaintuition.com