Mobilemed1 Foundation

Charity Navigator Rating: 80% (Three-Star out of Four Stars)

Mobilemed1 Foundation has received an overall score of 80%, which reflects strong performance in accountability and finance. The charity's score is derived from a comprehensive evaluation that emphasizes fiscal responsibility, resulting in a high score of 80 in this category. This rating indicates that the organization maintains effective financial stewardship and transparency.

One notable strength of the Mobilemed1 Foundation is its governance structure, which includes a board comprised entirely of independent members. This aspect, along with their commitment to documenting board meeting minutes and having a well-defined conflict of interest policy, underscores their commitment to ethical management practices. The foundation also boasts an impressive program expense ratio of 99.60%, suggesting that the majority of its expenditures are directed toward its charitable programs, thereby maximizing its impact.

Despite these strengths, the foundation's overall rating relies solely on its accountability and finance metrics, leaving out other potential performance measures such as program effectiveness or impact. While the financial health of the organization is commendable, prospective donors may desire a more rounded view of the charity's overall effectiveness in achieving its mission.

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

Mobilemed1 Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mobilemed1 Foundation submitted a form 990EZ, 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.