Marching Dragon Caravan Inc

Charity Navigator Rating: One-Star out of Four Stars (53%)

Marching Dragon Caravan Inc has received a low rating of 53%, indicating significant concerns regarding its accountability and financial practices. The charity's score is impacted entirely by its Accountability & Finance score, which reflects serious deficiencies in governance, such as the absence of independent board members and critical policies like conflict of interest and whistleblower protections.

Despite the lack of governance structures, the organization shows a strong commitment to its programs, with an impressive program expense ratio of 99.41%. This suggests that nearly all of the charity's funds are directed towards its programs rather than administrative expenses. However, the lack of transparency in the form of a missing website and incomplete financial disclosures raises red flags for potential donors.

Overall, while Marching Dragon Caravan Inc demonstrates strong programmatic spending, the absence of essential governance policies and independent oversight may deter potential supporters and raises questions about the organization's overall management and accountability.

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

Marching Dragon Caravan Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Marching Dragon Caravan 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: $0
Other Salaries and Wages: $0

For more financial information, click here