Calvary Foundation C/O Gary & Diane Ackerman

Charity Navigator Rating: One-Star out of Four Stars (50%)

Calvary Foundation C/O Gary & Diane Ackerman has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. With a score of 50%, the foundation shows strengths in its program expense ratio, which is high at 92.37%. This suggests that the majority of funds are directed towards program services rather than administrative costs.

However, the organization faces serious limitations in governance and transparency. Notably, there are no independent board members, which can raise concerns about oversight and conflict of interest. Additionally, the foundation lacks essential policies such as a conflict of interest policy, a whistleblower policy, and even a website listing on its tax forms, all of which contribute to its low overall score.

The foundation did receive full marks for its liabilities to assets ratio, indicating good financial health in that regard, and it has no reported material diversion of assets. However, the absence of key governance practices and documentation diminishes its accountability, highlighting areas that require improvement for better trust and credibility among potential donors.

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

Calvary Foundation C/O Gary & Diane Ackerman is a legitimate nonprofit organization registered as a 501(c)(3) entity. Calvary Foundation C/O Gary & Diane Ackerman 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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