Brown Wilcox Trustees Co

Charity Navigator Rating: Needs Improvement

Brown Wilcox Trustees Co has received a Two-Star out of Four Star rating from Charity Navigator, indicating that it needs improvement in various areas of accountability and finance. While the organization boasts a fully independent board and a strong program expense ratio of 100%, it lacks transparency in its financial documentation. The absence of financial statements raises concerns about the organization’s overall accountability.

The organization has a solid governance structure with all board members being independent and having documented meeting minutes. However, it has significant gaps in essential policies, such as conflict of interest, whistleblower, and document retention policies, which could potentially compromise its operational integrity. These missing elements contribute to its low score in the accountability category.

Despite the positive aspects of its program spending, the lack of publicly available financial information and governance policies marks a notable limitation for potential donors and stakeholders. Enhancing transparency and establishing necessary policies could significantly improve the organization’s standing and trustworthiness in the nonprofit sector.

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

Brown Wilcox Trustees Co is a legitimate nonprofit organization registered as a 501(c)(3) entity. Brown Wilcox Trustees Co 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: $670,303

For more financial information, click here

Official website here: www.brownwilcox.org