Jewish Federation Of Metropolitan Detroit

Rating from Charity Navigator: 92%, Four-Star out of Four Star rating.

The Jewish Federation of Metropolitan Detroit has achieved a strong overall score of 92%, reflecting its commitment to accountability and financial transparency. The organization has a fully independent board, with 99% of its members being independent, which enhances its governance structure. Additionally, it has received perfect scores in several areas, such as financial oversight and compliance with policies regarding conflict of interest, whistleblowing, and document retention.

While the Federation demonstrates commendable financial management with a high program expense ratio of 90.35% and low fundraising costs, there are some noted limitations. The organization has not made its board member list available on its website, which could impact transparency for potential donors and stakeholders. Furthermore, its working capital ratio indicates a potential liquidity concern, given that it stands at 0.40 years, suggesting that the organization may face challenges in meeting short-term obligations. Overall, the Jewish Federation of Metropolitan Detroit shows strong financial health but could improve its transparency practices.

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

Jewish Federation Of Metropolitan Detroit is a legitimate nonprofit organization registered as a 501(c)(3) entity. Jewish Federation Of Metropolitan Detroit 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: $1,232,106
Professional Fundraising Fees: $0
Other Salaries and Wages: $8,217,702

For more financial information, click here

Official website here: www.jewishdetroit.org