Mu Chapter Of Sigma Chi Foundation

Charity Navigator Rating: 33% (Zero-Star out of Four Stars)

The Mu Chapter Of Sigma Chi Foundation has received a low rating of 33% from Charity Navigator, resulting in a Zero-Star designation. This score is primarily based on accountability and finance metrics. While the organization has strengths such as a fully independent board and no reported material diversions of assets, it lacks several critical governance policies and transparency measures, which has significantly impacted its overall rating.

The organization scored poorly in various areas, including the absence of a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy. Furthermore, they did not provide their website on their tax form and failed to post their tax documents on their website. These missing elements suggest a lack of transparency and adherence to best practices in nonprofit governance.

Financially, the organization reports a concerning program expense ratio of 0.00%, indicating that it may not be allocating funds towards its programs effectively. Additionally, the liabilities to assets ratio of 3.78% also raises questions about the financial health of the organization. Overall, the combination of these factors places significant limitations on the Mu Chapter Of Sigma Chi Foundation's effectiveness as a nonprofit entity.

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

Mu Chapter Of Sigma Chi Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mu Chapter Of Sigma Chi Foundation 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: $6,716

For more financial information, click here