National Debt Management Inc Niffenegger

Charity Navigator Rating: One-Star out of Four Stars (59%)

National Debt Management Inc Niffenegger has received a One-Star rating from Charity Navigator, which indicates significant concerns regarding its accountability and financial management. While the organization maintains a majority of independent board members, its overall financial transparency is lacking, as evidenced by missing financial statements and a poor score in the liabilities to assets ratio.

The organization does exhibit strengths, such as a strong program expense ratio of 100%, suggesting that all of its expenses are directed towards programs rather than administrative costs. Additionally, it has established various policies, including conflict of interest and whistleblower policies, which can enhance organizational integrity. However, the lack of financial documentation raises questions about its fiscal responsibility.

Overall, the concerns regarding financial transparency and documentation overshadow the positive aspects of program expense allocation and governance policies. Stakeholders may want to exercise caution and seek more information before engaging with or donating to this nonprofit.

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

National Debt Management Inc Niffenegger is a legitimate nonprofit organization registered as a 501(c)(3) entity. National Debt Management Inc Niffenegger 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: $39,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $395,605

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Official website here: www.nationaldebtmgt.com