Bahamas Hope Foundation Inc

Charity Navigator Rating: 73%, Two-Star out of Four Star rating.

The Bahamas Hope Foundation Inc has received a relatively low rating of 73%, indicating room for improvement in various areas of accountability and finance. While the organization demonstrates strengths such as having a fully independent board and maintaining a favorable liabilities to assets ratio, the overall score reflects significant weaknesses in governance practices, particularly in transparency and policy adherence.

Key strengths include high marks for program expense ratio and documentation of board meeting minutes, which suggest a focus on program delivery. However, the charity lacks critical governance policies, scoring zero on conflict of interest, whistleblower, and document retention policies. This lack of essential policies could potentially hinder the organization’s accountability and trustworthiness in the eyes of donors and stakeholders.

The absence of transparency is further underscored by the failure to list its website on tax forms and not posting its tax form online. These limitations may affect the organization's reputation and could deter potential supporters who prioritize financial and operational transparency when considering charitable contributions.

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

Bahamas Hope Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bahamas Hope 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

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