Forty & Eight 0612

Charity Navigator Rating: Needs Improvement (73%, Two-Star out of Four Star rating)

Forty & Eight 0612 has received a two-star rating from Charity Navigator, indicating that while the organization excels in certain financial aspects, it also has significant room for improvement in governance practices. The organization demonstrates strong accountability and financial management, with a perfect score in several areas such as the majority of independent board members and a favorable liabilities to assets ratio.

However, the organization is lacking key governance policies, which has negatively impacted its overall rating. Specifically, critical documents such as the conflict of interest policy, whistleblower policy, and document retention policy are missing, as well as the tax form posted on their website. These deficiencies suggest a need for better compliance and transparency to enhance trust and credibility with stakeholders.

Overall, while Forty & Eight 0612 showcases robust program expenses and financial health, addressing the governance shortcomings is essential for improving its standing and fostering greater confidence among donors and the community.

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

Forty & Eight 0612 is a legitimate nonprofit organization registered as a 501(c)(3) entity. Forty & Eight 0612 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

For more financial information, click here