Center For The Contemplative Mind In Soc

Charity Navigator Rating: 97% (Four-Star out of Four Star rating)

The Center for the Contemplative Mind in Society has received a commendable rating of 97% from Charity Navigator, reflecting strong accountability and financial health. This rating is based solely on its performance in the Accountability & Finance beacon, indicating that the organization maintains high standards in these areas, which is crucial for donor trust and transparency.

The nonprofit demonstrates robust governance, with a fully independent board comprising 10 members and no material diversion of assets noted. It has also implemented essential policies, including conflict of interest and whistleblower policies, all of which are critical for ethical operations and stakeholder confidence. Furthermore, the organization shows a solid program expense ratio of 73.12%, suggesting that a significant portion of its funds is directed toward its mission-related activities.

While the data reflects a strong foundation in accountability and financial practices, ongoing transparency and communication with stakeholders will remain essential for the organization to uphold its positive standing and continue to attract support. Overall, the Center for the Contemplative Mind in Society appears to be a well-managed nonprofit with a focus on responsible stewardship of its resources.

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

Center For The Contemplative Mind In Soc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Center For The Contemplative Mind In Soc submitted a form 990EZ, 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.