Spendlove Medical Research Institut Rex Spendlove

Charity Navigator Rating: Needs Improvement

The Spendlove Medical Research Institute has received a Two-Star out of Four Star rating from Charity Navigator, indicating a need for improvement in its financial accountability and transparency. With an overall score of 70%, the organization demonstrates strong program expense efficiency and a favorable liabilities to assets ratio. However, its accountability metrics reveal significant gaps, particularly in the absence of financial statements and various essential policies.

The institute has a majority of independent board members, contributing to its governance structure; however, the board size lacks sufficient independent representation. Notably, the organization has not made its financial documents available on its website, which raises concerns about transparency. This lack of critical information hinders potential donors from making informed decisions regarding their contributions.

While the organization excels in maintaining low liabilities and high program expense ratios, the missing governance policies and financial transparency issues suggest that stakeholders should approach with caution. Improvement in these areas would be essential for enhancing trust and credibility within the community it serves.

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

Spendlove Medical Research Institut Rex Spendlove is a legitimate nonprofit organization registered as a 501(c)(3) entity. Spendlove Medical Research Institut Rex Spendlove 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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