Aidspan

Charity Navigator Rating: 79%, Three-Star out of Four Star rating.

Aidspan has received a solid Three-Star rating from Charity Navigator, reflecting a score of 79%. This rating primarily stems from a strong performance in Accountability & Finance, indicating the organization maintains a high level of transparency and responsible financial management. The fiscal year 2022 shows commendable practices, such as having a fully independent board and robust audit oversight.

The nonprofit demonstrates considerable strengths, including a conflict of interest policy and whistleblower protections, both of which are crucial for organizational integrity. Additionally, all board members are independent, which enhances governance and accountability. The organization also maintains a high program expense ratio at 82.39%, meaning a significant portion of its expenditures goes directly to its programs.

However, Aidspan faces challenges regarding its liabilities to assets ratio, which stands at 95.60%. This figure suggests that the organization may have a high level of financial obligations compared to its assets, which could raise concerns about long-term sustainability. Overall, while Aidspan showcases numerous strengths, particularly in governance and program spending, its financial health merits attention.

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

Aidspan is a legitimate nonprofit organization registered as a 501(c)(3) entity. Aidspan 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: $221,473

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