Virtueonline

Charity Navigator Rating: 83% (Three-Star out of Four Star Rating)

Virtueonline has received an 83% overall score from Charity Navigator, which translates to a Three-Star rating. This score is calculated based solely on its Accountability & Finance metrics, showcasing the organization’s commitment to financial transparency and responsible governance. The organization has demonstrated strong accountability, indicated by its high score across various criteria.

The nonprofit excels with a fully independent board, achieving 10 out of 10 points for both the majority of board members being independent and the independence of board size. It has also maintained a clean record with no material diversion of assets, reflecting a strong fiduciary responsibility. Additionally, their program expense ratio stands at 80.56%, indicating that a significant portion of funds is directed toward their programs.

However, there are areas for improvement. The absence of a whistleblower policy and a document retention and destruction policy, both receiving a score of zero out of seven, suggests that Virtueonline has room to enhance its governance practices. Overall, while the organization shows robust financial management, addressing these policy gaps could further strengthen its accountability profile.

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

Virtueonline is a legitimate nonprofit organization registered as a 501(c)(3) entity. Virtueonline 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

For more financial information, click here

Official website here: www.virtueonline.org