Ade Global Management Systems

Charity Navigator Rating: 54%, One-Star out of Four Star Rating

Ade Global Management Systems has received a low score of 54%, reflecting significant areas for improvement in its accountability and financial practices. Although the organization has no reported material diversion of assets and maintains a strong program expense ratio of 99.94%, its overall governance structure is concerning. The board composition lacks sufficient independent members, and crucial policies, such as those for conflict of interest and whistleblower protections, are not in place.

The organization does have some strengths, including a sound liabilities to assets ratio of 40.07% and the presence of documented board meeting minutes. However, the absence of financial statements and the failure to post required documents on its website raise questions regarding transparency. The lack of independent oversight and missing policies further detracts from the organization's credibility.

While Ade Global Management Systems focuses on programmatic spending effectively, these governance and transparency concerns may limit stakeholder confidence. Continuous improvements in documentation, board independence, and policy establishment are essential for enhancing accountability and trust within the community.

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

Ade Global Management Systems is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ade Global Management Systems 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: $96,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $423,079

For more financial information, click here

Official website here: www.adeglobalmanagement.com