Caribou Cares Inc

Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement)

Caribou Cares Inc has received a rating of 74%, indicating a need for improvement in some areas of its governance and transparency practices. Notably, the organization does not have any independent board members, which raises concerns about the efficacy of its oversight. However, it has demonstrated a strong commitment to financial integrity, as evidenced by a perfect score on the liabilities to assets ratio and a high program expense ratio of 86.02%, suggesting that a significant portion of its spending is directed towards its programs.

The organization has implemented several important policies, such as a conflict of interest policy, a whistleblower policy, and a document retention policy, all of which received full scores. Nevertheless, the absence of a website listed on its tax form and the missing tax form on its website highlight significant areas for improvement in transparency and accessibility of information to the public.

Overall, while Caribou Cares Inc shows promise with its program effectiveness and robust financial management, the lack of independent board oversight and transparency measures needs to be addressed to enhance its accountability and foster greater trust among stakeholders.

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

Caribou Cares Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Caribou Cares 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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