Benchmark One Company Fund Inc

Charity Navigator Rating: 53%, One-Star out of Four Stars

Benchmark One Company Fund Inc has an overall score of 53%, which indicates significant concerns regarding its accountability and financial practices. The rating is based solely on the Accountability & Finance category, where the charity scored low due to a lack of independent board members and missing key governance policies. These deficiencies have heavily impacted its standing, reflecting a need for improvement in transparency and oversight.

Despite the low accountability score, the organization does demonstrate a strong commitment to its programs, as indicated by a high program expense ratio of 81.72%. This suggests that a substantial portion of its funding is directed toward its mission-related activities. However, the absence of independent board members and the lack of essential policies such as conflict of interest and whistleblower protections raise red flags about the organization's governance practices.

Overall, while Benchmark One Company Fund Inc shows effectiveness in program spending, the critical gaps in governance and reporting standards highlighted by its low rating warrant attention from potential donors and stakeholders. Improving these areas could enhance its credibility and overall performance in the nonprofit sector.

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

Benchmark One Company Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Benchmark One Company Fund 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: $88,340

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