Cov Inc

Charity Navigator Rating: 76% (Three-Star out of Four Star rating)

Cov Inc has received a 76% rating from Charity Navigator, indicating a solid performance in accountability and finance. The charity stands out with a fully independent board, scoring 10 out of 10 points in that category, which underscores its governance strength. Additionally, it has demonstrated effective financial management, with a program expense ratio of 96.78%, suggesting that a significant portion of its resources is dedicated to its mission.

However, the organization has some limitations, notably the absence of key policies such as a conflict of interest policy, whistleblower policy, and document retention and destruction policy, which are evaluated as part of its accountability standards. These missing elements have impacted its overall score negatively, reflecting areas where improvements could enhance transparency and governance practices.

Despite these shortcomings, Cov Inc's strengths, particularly in board independence and financial management, highlight its commitment to fulfilling its mission efficiently. Addressing the noted policy gaps could further bolster its credibility and effectiveness in serving its community.

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

Cov Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cov 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

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Official website here: www.codeofvets.com