Comedy Cures Foundation Inc

Charity Navigator Rating: Needs Improvement, Two-Star out of Four Stars (61%)

The Comedy Cures Foundation Inc has received a "Needs Improvement" rating from Charity Navigator, reflecting a score of 61%. The organization excels in accountability and finance, achieving a perfect score in several areas related to board independence and material asset management. However, the overall rating indicates potential concerns in governance policies and transparency.

Key strengths include a fully independent board and effective management of program expenses, indicating that funds are being directed towards their intended purposes. Nonetheless, significant weaknesses were noted in areas such as the lack of a conflict of interest policy, whistleblower policy, and inadequate documentation practices, which are essential for maintaining transparency and accountability.

The organization's liabilities to assets ratio raised concerns, suggesting potential financial vulnerabilities. Additionally, the absence of posted tax forms on the nonprofit's website may hinder public trust and transparency. Overall, while the foundation demonstrates strong financial management, addressing governance and transparency issues is crucial for improving its rating and public perception.

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

Comedy Cures Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Comedy Cures 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: $0
Other Salaries and Wages: $0

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Official website here: www.comedycures.org