Robotics Fund Inc

Charity Navigator Rating: 36%, Zero-Star out of Four Star rating

Robotics Fund Inc has received a low rating of 36% from Charity Navigator, resulting in a Zero-Star designation. This rating is predominantly based on the accountability and finance metrics, which indicate several areas of concern. The charity has a strong governance structure with an entirely independent board, but it is significantly lacking in essential policies such as a conflict of interest policy and a whistleblower policy.

The organization shows no signs of material diversion of assets and maintains transparency through documented board meeting minutes. Nevertheless, its program expense ratio is notably low at 7.20%, raising questions about the effectiveness of its resource allocation towards its intended mission. The absence of key policies and a low program expense ratio contribute to the overall unfavorable rating.

While the charity demonstrates some positive governance attributes, such as having a majority independent board and transparency in documentation, the lack of critical policies and a low investment in programs highlight significant limitations. Prospective donors may want to consider these factors carefully before contributing.

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

Robotics Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Robotics Fund 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.team102.org