Weaverland Financial Aid Of New York

Charity Navigator Rating: 37%, Zero-Star out of Four Star Rating

Weaverland Financial Aid Of New York has received a low rating of 37%, resulting in a Zero-Star rating primarily due to significant shortcomings in accountability and finance. The organization has no independent board members, which raises concerns about governance and oversight. Additionally, critical financial documentation, such as financial statements and tax forms, are missing from their website, which further impacts transparency.

Despite these issues, the organization's program expense ratio is notably high at 98.93%, indicating that the majority of its expenditures are directed towards its programs rather than administrative costs. This suggests a commitment to its mission, although the lack of financial transparency and governance structures is a serious drawback.

Moreover, the absence of key policies such as conflict of interest and whistleblower protection further highlights the need for improvement in organizational management. Overall, while Weaverland Financial Aid may be dedicated to its cause, its financial and governance practices require significant enhancement to build trust and credibility with donors and the community.

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

Weaverland Financial Aid Of New York is a legitimate nonprofit organization registered as a 501(c)(3) entity. Weaverland Financial Aid Of New York 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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