The Michael G Mann Fund Inc

Charity Navigator Rating: 53% (One-Star out of Four Stars)

The Michael G Mann Fund Inc has received a low rating of 53%, indicating significant concerns in its accountability and finance practices. The rating is derived solely from the Accountability & Finance category, where the organization scored particularly poorly in several areas, including the lack of independent board members and missing key governance policies. This raises potential questions about the organization's oversight and operational transparency.

Despite the shortcomings in governance, the organization demonstrates a strong commitment to its mission, as reflected in a high program expense ratio of 91.23%. This suggests that a substantial majority of its funds are directed toward its core programs rather than administrative costs. Additionally, the absence of any material diversion of assets indicates that the organization is managing its resources responsibly in that regard.

However, the missing elements such as a conflict of interest policy, whistleblower policy, and tax form postings on their website detract from their overall accountability. These areas are essential for building trust and ensuring ethical management practices. Overall, while the organization appears to effectively use its resources, significant governance issues need to be addressed to enhance its credibility and transparency.

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

The Michael G Mann Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Michael G Mann Fund 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

For more financial information, click here