Rapha Inc

Rating from Charity Navigator: 10%

Rapha Inc has received a Zero-Star out of Four Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial management. The charity scored only 10% overall, primarily due to a lack of independent board members and missing essential financial statements, which are critical for transparency. The absence of policies related to conflicts of interest and whistleblower protections further highlights deficiencies in governance practices.

The organization has not demonstrated adequate financial responsibility, as indicated by its extremely low Program Expense Ratio of 21.99%. This suggests that a minimal portion of its expenses is directed towards its programs, raising questions about its effectiveness and sustainability. The charity also fails to provide crucial documentation, including board meeting minutes and tax forms, which are necessary for public accountability.

Overall, Rapha Inc's poor rating reflects serious limitations in its operational practices and governance structure. The lack of transparency and accountability could hinder its ability to attract support and fulfill its mission effectively.

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

Rapha Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rapha 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: $128,408
Professional Fundraising Fees: $760
Other Salaries and Wages: $1,062,680

For more financial information, click here