Ech Legacy Inc

Charity Navigator Rating: 47%

Ech Legacy Inc has received a 47% score from Charity Navigator, resulting in a Zero-Star out of Four Star rating. This low rating indicates potential concerns regarding the charity's accountability and financial practices, particularly its program expense ratio, which is reported at 0.00%. This suggests that none of the organization's resources are being allocated towards its intended programs.

In terms of governance, Ech Legacy Inc demonstrates some strengths, such as having a fully independent board with 10 out of 10 points for majority independent board members. Additionally, the charity has policies in place for conflicts of interest and document retention, which indicate efforts towards good governance. However, the absence of a whistleblower policy may raise concerns about transparency and accountability.

Despite some positive governance structures, the financial metrics reveal significant weaknesses. The charity's liabilities to assets ratio stands at 29.68%, which is concerning, and the overall lack of program expenses raises questions about the effective use of funds. Stakeholders may want to seek further clarity on how the organization is operating and the effectiveness of its initiatives.

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

Ech Legacy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ech Legacy 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

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