Bronx Community Guardianship Network Inc

Charity Navigator Rating: 0%

Bronx Community Guardianship Network Inc has received a low rating of 40%, resulting in a Zero-Star out of Four Stars designation. This score reflects significant concerns regarding the organization's accountability and financial management. While the organization boasts a fully independent board and adheres to some transparency measures, its overall financial performance and program expenses raise red flags.

Strengths include a 100% independent board and no diversion of assets, which indicate a commitment to governance. However, the charity's liabilities to assets ratio is concerning at 174.03%, suggesting potential financial instability. Additionally, the organization spends only 17.01% of its expenses on programs, which may imply inefficiencies in resource allocation.

Several policies, including whistleblower and document retention, are missing, contributing to the low accountability score. The absence of documentation such as meeting minutes further highlights transparency issues. Overall, despite some positive governance attributes, the financial and operational shortcomings present a troubling picture for potential donors and stakeholders.

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

Bronx Community Guardianship Network Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bronx Community Guardianship Network 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: $150,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $187,400

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Official website here: www.bcgn.org