National Minority Quality Forum Inc

Charity Navigator Rating: Needs Improvement (64%, Two-Star out of Four Star rating)

The National Minority Quality Forum Inc has received a "Needs Improvement" rating from Charity Navigator, primarily due to a lack of independent board members and missing essential governance policies. While the organization scores well in Accountability & Finance with a 100% in this category, its overall score reflects significant gaps, such as not having financial statements readily available and lacking a conflict of interest policy.

Despite some positive financial indicators such as a high program expense ratio, concerns about transparency and governance are notable. There's no independent oversight on the board, which may limit accountability and effective decision-making. This anonymity might affect donor trust and engagement, despite the organization's claim to receive substantial public and governmental funding.

Unfortunately, user reviews from GreatNonprofits were unavailable, leaving a gap in user sentiment analysis. Therefore, potential supporters and beneficiaries should look closely at this aspect of the organization's structure and governance before making decisions or contributions.

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

National Minority Quality Forum Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. National Minority Quality Forum 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: $1,127,981
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,836,055

For more financial information, click here