Harvest Initiative

Charity Navigator Rating: 69%, earning a Two-Star out of Four Star rating. Harvest Initiative has received a mixed evaluation, particularly in the areas of accountability and finance. While the organization has strong governance, with 83% of its board members being independent, it falters significantly due to a lack of essential financial documentation and policies.

One of the strengths of Harvest Initiative is its program expense ratio, which stands at 81.58%. This indicates that a substantial portion of its expenditures is directed towards its programs rather than administrative costs. Additionally, it has successfully maintained a low liabilities to assets ratio of 3.91%, showcasing financial stability in that regard.

However, the organization has several limitations, particularly the absence of financial statements and key governance policies like conflict of interest and whistleblower policies. This lack of transparency can be concerning for potential donors. Furthermore, the failure to post the tax form on its website limits public access to important financial information. Overall, while Harvest Initiative demonstrates some commendable practices, the gaps in accountability and documentation are areas that need improvement.

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

Harvest Initiative is a legitimate nonprofit organization registered as a 501(c)(3) entity. Harvest Initiative 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: $51,014
Professional Fundraising Fees: $0
Other Salaries and Wages: $45,629

For more financial information, click here

Official website here: www.harvestnic.com