Esu 3 Educational Foundation

Charity Navigator Rating: 83% (Three-Star out of Four Star Rating)

The Esu 3 Educational Foundation has received a solid Three-Star rating from Charity Navigator, signifying an 83% overall score that reflects its performance in accountability and finance. This rating is derived entirely from its accountability and finance score, which highlights the foundation's commitment to transparency in its operations and financial management.

The foundation demonstrates significant strengths, particularly with its board governance, as all members are independent, and there are no issues of asset diversion. Furthermore, it maintains a favorable liabilities to assets ratio of 0.03%, indicating a strong financial position. The organization also demonstrates excellent adherence to policies related to conflict of interest and record-keeping, backed by thorough documentation of board meeting minutes.

However, there are limitations noted, particularly the absence of a whistleblower policy and a document retention and destruction policy, which could be improved to enhance accountability further. Despite these areas for improvement, the Esu 3 Educational Foundation's financial responsibility and governance practices position it as a credible and responsible nonprofit in the education sector.

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

Esu 3 Educational Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Esu 3 Educational 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.

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Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

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Official website here: www.esu3foundation.org