South Jersey Scholarship Fund Inc

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 73%)

The South Jersey Scholarship Fund Inc has received a Two-Star rating from Charity Navigator, indicating a need for improvement in certain aspects of its operations. The organization's overall score is derived solely from its Accountability & Finance measures, which scored 73%. While the Fund excels in areas such as board independence and a strong program expense ratio (98.69%), it lacks essential policies that are typically expected from nonprofits.

Strengths of the organization include a fully independent board and effective asset management, with no reported material diversion of assets. Additionally, the Fund has demonstrated commitment to transparency by documenting board meeting minutes and maintaining a favorable liabilities to assets ratio. However, the absence of critical governance policies such as a conflict of interest policy and a whistleblower policy raises concerns about the organization's accountability and transparency practices.

Overall, while the South Jersey Scholarship Fund Inc performs well in financial management and program expenses, the lack of fundamental governance frameworks limits its effectiveness. Addressing these shortcomings could enhance its operational integrity and trustworthiness in the eyes of donors and stakeholders.

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

South Jersey Scholarship Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. South Jersey Scholarship 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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