Bon Shen Ling The Tibetan Bon Education Fund

Charity Navigator Rating: 48%, Zero-Star out of Four Star rating.

The Bon Shen Ling The Tibetan Bon Education Fund has received a low overall rating, indicating significant concerns regarding its financial accountability and transparency. While it boasts a fully independent board and positive scores in areas such as financial statements and material diversion of assets, the organization's weaknesses in key areas, such as its lack of a whistleblower policy and document retention procedures, have contributed to its poor standing.

The organization shows a concerning program expense ratio of only 42.35%, which implies that less than half of its expenditures are directed toward its programs. Additionally, the liabilities to assets ratio stands at 14.34%, which raises questions about the financial stability of the organization. Despite having independent board members and appropriate governance practices in place, the absence of critical policies and transparency regarding financial operations limits the confidence that donors may have in its management.

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

Bon Shen Ling The Tibetan Bon Education Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bon Shen Ling The Tibetan Bon Education Fund 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: $65,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

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Official website here: www.bonshenling.org