Charis Foundation Inc

Charity Navigator Rating: 1 Star (52%)

Charis Foundation Inc has received a low rating of 52%, resulting in a One-Star out of Four Stars designation, primarily due to concerns in its accountability and financial practices. The score is heavily influenced by the lack of independent board members and insufficient financial oversight, which raises transparency issues within the organization.

While the foundation does exhibit a strong liability to assets ratio and a decent program expense ratio, these strengths are overshadowed by significant shortcomings in governance practices. The absence of a conflict of interest policy, whistleblower protection, and proper documentation of board meeting minutes further reflect a lack of adherence to best practices in nonprofit management.

Overall, potential donors and stakeholders should be cautious, as the weaknesses in accountability may indicate challenges in effective oversight and operational transparency. It is advisable for interested parties to seek additional information about the foundation's activities and governance before making contributions.

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

Charis Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Charis 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: $44,724
Professional Fundraising Fees: $0
Other Salaries and Wages: $387,546

For more financial information, click here

Official website here: www.charisfoundation.com