Isabella Grimes Educational Fund

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

The Isabella Grimes Educational Fund has received a rating of "Needs Improvement" from Charity Navigator, indicating some areas where the organization performs well and others where it falls short. The fund excels in financial management, demonstrated by a high program expense ratio of 91.61% and a strong liabilities to assets ratio of 0.00%. Additionally, the organization benefits from a fully independent board, scoring top marks in board size and independence.

Despite these strengths, the fund faces significant challenges in its governance and transparency practices. Notably, it lacks essential policies such as a conflict of interest policy, a whistleblower policy, and a document retention policy. Furthermore, the organization's website is missing important documents, including its tax form, which may hinder public trust and accountability.

Overall, while the Isabella Grimes Educational Fund demonstrates strong financial health and governance structure, its shortcomings in transparency and policy adherence suggest a need for improvement in operational practices. Addressing these areas could enhance the organization's credibility and effectiveness in fulfilling its educational mission.

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

Isabella Grimes Educational Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Isabella Grimes Educational Fund 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: $1,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

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