Benetwood Corporation

Charity Navigator Rating: Needs Improvement (2 Stars)

Benetwood Corporation has received a rating of 71%, which places it in the "Needs Improvement" category. This score indicates that while the organization shows some strengths in its financial practices, there are significant areas where it can enhance transparency and governance. The accountability and finance score reflects the organization’s commitment to maintaining an independent board, which includes a majority of independent members.

Strengths of Benetwood Corporation include a strong financial oversight framework, demonstrated by its perfect scores for the audit and oversight committee and the absence of material diversion of assets. Additionally, the organization maintains a high program expense ratio of 87.13%, suggesting that a substantial portion of its expenditures is directed towards its mission-related activities. However, the organization encounters challenges with transparency, as critical documents such as its website, conflict of interest policy, and tax forms are missing from public access.

In summary, while Benetwood Corporation shows fiscal responsibility and governance in certain areas, it needs to address its transparency issues to improve its overall rating and public trust. The absence of key policies and documents could hinder its effectiveness and accountability to stakeholders.

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

Benetwood Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Benetwood Corporation 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: $195,529

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