Montana Ffa Foundation Inc

Charity Navigator Rating: 73%, Two-Star out of Four Star rating. The Montana FFA Foundation Inc has received a Two-Star rating, indicating that while it meets some standards of accountability and transparency, there are still significant areas for improvement. The foundation has shown strong governance practices, with 100% of its board members being independent and no material diversion of assets, which contributes positively to its financial accountability.

Strengths of the organization include a high program expense ratio of 86.42%, signifying that a substantial portion of its expenses directly supports its programs. Additionally, the board maintains comprehensive governance by documenting meeting minutes and having a conflict of interest policy in place. The foundation's liabilities to assets ratio is low at 0.28%, reflecting a stable financial position.

Despite these strengths, the organization faces notable limitations. The absence of a whistleblower policy, document retention and destruction policy, and failure to post its tax forms on its website reflect gaps in transparency and accountability. Addressing these issues could enhance the foundation's overall rating and public trust.

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

Montana Ffa Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Montana Ffa 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: $28,719
Professional Fundraising Fees: $0
Other Salaries and Wages: $85,355

For more financial information, click here

Official website here: www.montanaffa.org