Deposit Educational Endowment Program Inc

Charity Navigator Rating: 73%, earning a Two-Star out of Four Star rating. This rating reflects a moderate level of accountability and transparency within the organization. A score of 73 indicates that while the nonprofit demonstrates strong financial practices, there are notable gaps in governance policies that may affect overall trust and reliability.

Deposit Educational Endowment Program Inc has strengths, particularly in its board structure and financial management, achieving perfect scores for independent board members and liabilities to assets ratio. The organization has a strong program expense ratio of 96.54%, suggesting that the vast majority of its expenses are directed towards its mission, rather than administrative costs.

However, the nonprofit faces significant limitations due to the absence of key policies, including a conflict of interest policy, whistleblower policy, and documentation retention and destruction policy. These missing elements could raise concerns among potential donors regarding the organization’s governance practices. Additionally, the lack of publicly available tax forms on its website further hinders transparency efforts.

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

Deposit Educational Endowment Program Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Deposit Educational Endowment Program 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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