Mercy Education Foundation

Charity Navigator Rating: 1 Star (50%)

The Mercy Education Foundation has received a One-Star out of Four Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. With an overall score of 50%, the foundation has notably failed to provide independent board oversight, as evidenced by having 0% independent board members. Other critical governance policies, including conflict of interest and whistleblower policies, are also missing.

On a positive note, the foundation demonstrates sound financial health, with a program expense ratio of 100%, indicating that all its expenses are directed towards its programs. Additionally, it has a very low liabilities to assets ratio of just 0.01%, suggesting effective asset management in relation to its liabilities.

Despite these strengths, the lack of essential governance documentation and policies poses a serious limitation for the organization. The absence of a conflict of interest policy, whistleblower policy, and the failure to post required documents on its website raise questions about transparency and ethical management within the foundation.

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

Mercy Education Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mercy Education 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

For more financial information, click here