Frankfort School District 157-C Foundation

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

The Frankfort School District 157-C Foundation holds a Three-Star rating on Charity Navigator, indicating a solid performance overall, particularly in accountability and finance. The organization's strong points include having a fully independent board, which reflects good governance practices, and a very high program expense ratio of 95.56%. This suggests that a significant portion of their expenditures directly supports their mission.

However, the foundation does have notable shortcomings in its accountability practices. It lacks key policies like a conflict of interest policy, whistleblower policy, and document retention and destruction guidelines. These omissions may raise concerns regarding transparency and governance, which are essential for building trust among stakeholders.

Despite these limitations, the foundation demonstrates a commitment to responsible financial management, as evidenced by its zero liabilities to assets ratio. The absence of some critical policies indicates areas where the organization could improve, which may enhance its overall score and reputation in the future.

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

Frankfort School District 157-C Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Frankfort School District 157-C Foundation 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.ef157c.org