Wobbly Feet Foundation Inc

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

The Wobbly Feet Foundation Inc has earned a Three-Star rating from Charity Navigator, indicating a solid level of accountability and finance management. The 83% score reflects strong performance in areas such as board independence, asset management, and a high program expense ratio of 98.32%, suggesting that the majority of its funds are used for its charitable programs.

The organization has a fully independent board, which is a significant strength, as it enhances transparency and governance. Additionally, it has no material diversion of assets and maintains a good website presence as required by regulatory standards. However, there are notable gaps in its policies, specifically the absence of a whistleblower policy and a document retention and destruction policy, which were both missing from its documentation.

While the financial indicators are favorable, the missing governance policies may raise concerns about the organization's comprehensive risk management practices. Overall, Wobbly Feet Foundation Inc demonstrates financial health and commitment to its mission, but it would benefit from addressing the identified policy deficiencies to strengthen its accountability framework further.

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

Wobbly Feet Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wobbly Feet Foundation Inc 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.

Official website here: www.wobblyfeet.org