The Exploration Foundation

Charity Navigator Rating: 62%, Two-Star out of Four Star rating. The Exploration Foundation has received a Two-Star rating, indicating some concerns regarding its accountability and financial management. While the organization excels in areas such as having a majority independent board and a high program expense ratio, which reflects a strong commitment to its mission, there are significant weaknesses in other governance policies.

The foundation scores well for board independence and transparency in certain documentation, but it lacks key policies such as conflict of interest, whistleblower protection, and document retention, all of which are critical for organizational integrity. These deficiencies have impacted its overall accountability score, contributing to its lower rating.

Additionally, the organization has a relatively high liabilities to assets ratio, which suggests potential financial risk. Despite its strong program expense ratio, the overall financial health and governance practices need improvement to foster greater trust and reliability from stakeholders.

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

The Exploration Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Exploration Foundation 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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Official website here: www.explorationfound.org