Achieving Dreams Inc

Charity Navigator Rating: 88% (Three-Star out of Four Stars)

Achieving Dreams Inc holds a Three-Star rating from Charity Navigator, reflecting a strong performance in accountability and finance with a score of 88%. This rating suggests that the organization is effectively managing its resources and maintaining a level of transparency that is beneficial for donors and stakeholders.

One of the organization's notable strengths is its high program expense ratio of 95.80%, indicating that a significant portion of its funds is directed towards its programs rather than administrative costs. Additionally, the board of directors is predominantly independent, which enhances governance and oversight. The absence of any material diversion of assets further underscores its financial integrity.

However, there are some limitations identified, such as the lack of a whistleblower policy and document retention policy, which are critical for ensuring accountability and ethical management. Furthermore, the nonprofit has not posted its tax form on its website, which could affect transparency. Addressing these areas could enhance their rating in the future and provide greater assurance to donors.

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

Achieving Dreams Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Achieving Dreams 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: $60,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

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Official website here: www.achievingdreamsmn.org