Faact Inc

Charity Navigator Rating: 71% (Two-Star out of Four Star rating)

Faact Inc has received a rating of 71% from Charity Navigator, reflecting a Two-Star rating primarily based on its accountability and financial practices. The organization demonstrates a solid commitment to governance, evidenced by having a majority of independent board members and a well-documented conflict of interest policy, both of which are critical for maintaining transparency and integrity.

The nonprofit's financial profile reveals a strong program expense ratio of 69.79%, indicating that a significant portion of its budget is allocated toward its mission-driven activities. Additionally, there are no reported material diversions of assets, showcasing prudent asset management. The liabilities to assets ratio stands at a favorable 15.59%, suggesting good financial health.

However, despite these positive indicators, the overall score is limited by the absence of other operational metrics, which may affect its appeal to potential donors looking for a more comprehensive understanding of the organization’s effectiveness. The single beacon score approach may not fully capture the breadth of impact Faact Inc is striving to achieve.

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

Faact Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Faact 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: $911,465

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