Elliott Family Trustfbo Somerset Comm College

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

The Elliott Family Trust fbo Somerset Community College has received a low rating of 53%, which indicates significant concerns regarding its accountability and financial practices. The rating is driven entirely by its Accountability & Finance score, highlighting a lack of independent board members and missing key policies that are critical for transparency and governance.

Specifically, the organization has no independent board members, which negatively impacts its governance structure. Additionally, important policies such as conflict of interest, whistleblower, and document retention policies are not in place. While the organization has demonstrated good program expenses at 75.34% of its total expenses, the absence of independent oversight and missing documentation raises red flags for potential donors and stakeholders.

Despite some positive aspects, like maintaining no material diversion of assets and a zero liability to assets ratio, the overall lack of accountability measures could deter support. Prospective donors may want to consider these governance issues before contributing.

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

Elliott Family Trustfbo Somerset Comm College is a legitimate nonprofit organization registered as a 501(c)(3) entity. Elliott Family Trustfbo Somerset Comm College 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: $8,128
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

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