Timberville Medical Foundation

Charity Navigator Rating: 88%, Three-Star out of Four Star rating.

Timberville Medical Foundation has received a commendable rating of 88%, indicating a solid level of accountability and financial health. The organization boasts a fully independent board, with 100% of its members meeting this criterion. Furthermore, it has a strong financial position, reflected in a low liabilities to assets ratio of 0.50% and a program expense ratio of 82.31%, which suggests that a significant portion of its resources is directed toward its charitable programs.

Despite its strengths, the foundation has some areas for improvement. Notably, it lacks a whistleblower policy and a document retention and destruction policy, which are important for ensuring transparency and accountability. Additionally, the absence of its tax form on the nonprofit's website may limit public access to key financial information, though it does maintain well-documented board meeting minutes. Overall, while Timberville Medical Foundation demonstrates a commitment to its mission and sound financial practices, addressing these governance gaps could enhance its operational integrity.

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

Timberville Medical Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Timberville Medical Foundation 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: $335,451

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Official website here: www.plainsareadaycare.org