Connecticut Amvets Service Foundation Inc

Charity Navigator Rating: 72%, earning a Two-Star out of Four Star rating. This rating indicates that while the Connecticut Amvets Service Foundation Inc has a number of strong accountability measures in place, it faces challenges in its financial management, particularly regarding program expenses.

The organization receives full points for having a majority of independent board members, an adequately sized board, and a strong conflict of interest policy. Additionally, it demonstrates transparency with its website listed on tax forms and proper documentation practices. However, the program expense ratio stands at 50.09%, which is below the desired threshold, suggesting that a significant portion of resources may not be directed toward its programs.

Despite solid governance practices, the low program expense ratio raises concerns about the effective allocation of funds toward fulfilling its mission. Stakeholders may want to investigate further into how the organization plans to improve its program funding in the future.

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

Connecticut Amvets Service Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Connecticut Amvets Service Foundation Inc 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: $40,127
Other Salaries and Wages: $0

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Official website here: www.amvets-ct.org