Maine Wesleyan Board Of Education

Charity Navigator Rating: 73%, Two-Star out of Four Star Rating. The Maine Wesleyan Board Of Education has received a Two-Star rating, indicating that while it demonstrates some strengths in accountability and finance, there are notable areas for improvement. The organization shows a strong commitment to governance, as evidenced by having a fully independent board and a good liabilities to assets ratio.

Strengths include a perfect score for program expense ratio, meaning 100% of its expenses are directed towards its programs. This suggests that the organization is focused on its mission and utilizes its resources effectively for educational purposes. Additionally, there is no indication of material diversion of assets, which reflects responsible financial management.

However, the organization has significant shortcomings in transparency and governance policies. Key documents such as the conflict of interest policy, whistleblower policy, and document retention practices are missing, resulting in a low score in these areas. The absence of these policies could raise concerns regarding accountability and ethical practices within the organization.

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

Maine Wesleyan Board Of Education is a legitimate nonprofit organization registered as a 501(c)(3) entity. Maine Wesleyan Board Of Education 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: $2,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

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