The Buddy Fund Inc

Charity Navigator Rating: One-Star out of Four Stars (53%)

The Buddy Fund Inc has received a One-Star rating from Charity Navigator, reflecting concerns about its accountability and financial practices. With an overall score of 53%, the organization has significant weaknesses in governance, notably a lack of independent board members and missing essential policies such as conflict of interest and whistleblower protections. Although it has not reported any material diversion of assets, the absence of transparency measures raises concerns about its operational integrity.

On a positive note, the charity demonstrates a strong program expense ratio of 73.86%, indicating that a substantial portion of its funds is directed towards its programs rather than administrative costs. This suggests that the organization is committed to fulfilling its mission, despite its governance issues. However, the lack of posted board meeting minutes and tax forms on its website further diminishes trust.

Overall, while The Buddy Fund Inc appears to be effective in delivering its programs, the significant governance flaws and lack of essential policies may pose risks to accountability and transparency. Potential donors should consider these factors carefully when deciding to support this organization.

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

The Buddy Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Buddy Fund 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: $6,300
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

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Official website here: www.dogsindanger.com