Spark Of Life Foundation Inc

Rating from Charity Navigator: 33%, Zero-Star out of Four Star rating.

The Spark Of Life Foundation Inc has received a low score of 33% from Charity Navigator, indicating significant concerns regarding its accountability and financial management. The foundation operates with a fully independent board, which is a positive aspect. However, the absence of critical policies such as a conflict of interest policy and a whistleblower policy raises serious questions about governance and transparency.

The organization has demonstrated some strengths, including no material diversion of assets and maintaining proper board meeting minutes. Despite this, its financial practices appear to be lacking, particularly with a low program expense ratio of 46.19%, which suggests that a greater proportion of its resources may not be directed towards its core mission. Furthermore, several key documents, including its tax form and a comprehensive website with necessary disclosures, are missing, further contributing to the low accountability score.

Overall, while Spark Of Life Foundation Inc has established a solid governance structure, the significant gaps in policies and financial transparency highlight critical areas for improvement. Donors and stakeholders are encouraged to consider these factors when evaluating their support for the organization.

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

Spark Of Life Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Spark Of Life Foundation 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: $83,008
Professional Fundraising Fees: $0
Other Salaries and Wages: $12,000

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