Attleboro Residents' Fund

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

The Attleboro Residents' Fund has received a rating of Two Stars from Charity Navigator, indicating areas that require improvement despite some strong performance metrics. With an overall score of 73%, the organization demonstrates stability, particularly with a 0.00% liabilities to assets ratio and a high program expense ratio of 91.88%, which reflects a commitment to utilizing funds directly for its programs.

Strengths of the organization include a fully independent board with all 10 members meeting the criteria, and positive documentation practices such as recording board meeting minutes. However, significant concerns arise from the lack of critical policies, including conflict of interest, whistleblower, and document retention, which are essential for maintaining transparency and accountability.

Additionally, the organization's transparency is further compromised by the absence of its website on tax forms and failure to post its tax form on its own website. This gap in public accessibility to important information may hinder potential donors or supporters from engaging with the nonprofit effectively. Overall, while the Attleboro Residents' Fund shows strong financial management, it must address its governance and transparency issues to enhance its standing and community trust.

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

Attleboro Residents' Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Attleboro Residents' Fund 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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