Xi Chapter Foundation Inc

Charity Navigator Rating: 73% (Two-Star out of Four Star rating)

The Xi Chapter Foundation Inc has received a Two-Star rating on Charity Navigator, reflecting a score of 73%. This score is solely based on the Accountability & Finance beacon, which assesses the charity’s financial health and governance practices. A strong emphasis on accountability is evident, as the foundation achieved a perfect score for having a majority of independent board members, maintaining a low liabilities-to-assets ratio, and documenting board meeting minutes.

Strengths of the organization include a high program expense ratio of 93.56%, indicating that a significant portion of funds is allocated directly to programs rather than administrative costs. Additionally, there were no reported material diversions of assets, demonstrating responsible financial practices and transparency. These factors contribute positively to the organization’s overall accountability.

However, the rating suggests that while the organization excels in financial management, there may be areas for improvement that could enhance its overall impact and reputation. The single beacon score limits a comprehensive evaluation of its effectiveness in achieving its mission, leaving room for potential growth in other areas related to charity activities and community engagement.

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

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

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