Innovate Educate

Charity Navigator Rating: Needs Improvement, 61%

Innovate Educate has received a two-star rating from Charity Navigator, indicating a need for improvement in various aspects of its operations. The organization scored 61% overall, reflecting challenges in governance and financial accountability. Notably, the organization lacks independent board members and has not scored well in areas such as whistleblower and document retention policies.

Despite these shortcomings, Innovate Educate demonstrates strengths in financial oversight, with perfect scores in audit committee oversight and the management of assets. The organization also maintains a favorable liabilities-to-assets ratio, suggesting a sound financial foundation. However, the program expense ratio indicates that a smaller portion of expenses is directed toward programs compared to administrative costs.

Overall, while Innovate Educate shows potential in certain financial practices, significant governance issues must be addressed to improve its transparency and effectiveness. Enhancements in board independence and compliance with governance policies could strengthen the organization's standing and fulfill its mission more effectively.

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

Innovate Educate is a legitimate nonprofit organization registered as a 501(c)(3) entity. Innovate Educate 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: $0

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Official website here: www.innovate-educate.org