Carlton Locksley Bennett Foundation Inc

Charity Navigator Rating: 41%, Zero-Star out of Four Star rating.

The Carlton Locksley Bennett Foundation Inc has received a low rating due to its concerning lack of accountability and financial transparency. The score is based primarily on a single beacon focusing on accountability and finance, with significant issues noted in governance. The organization has no independent board members, which raises concerns about oversight and decision-making processes.

Despite some positive aspects, such as a high program expense ratio indicating that a substantial portion of funds is directed toward programs, the absence of essential policies, including conflict of interest and whistleblower protections, diminishes its credibility. Additionally, the high liabilities to assets ratio suggests potential financial instability, which may pose risks to the organization's sustainability and effectiveness.

To improve its standing, the foundation would benefit from enhancing its governance practices by appointing independent board members and implementing missing policies. Greater transparency and improved financial management will be crucial for regaining public trust and ensuring long-term operational viability.

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

Carlton Locksley Bennett Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Carlton Locksley Bennett 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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Official website here: www.clbfinc.org