Gilead Ii Inc

Charity Navigator Rating: One-Star out of Four Stars (58%)

Gilead Ii Inc has received a One-Star rating, indicating a need for improvement, particularly in its accountability and finance practices. The overall score is primarily based on its accountability and finance score, which reflects the organization's effectiveness in managing its resources. While it scored well in several areas, such as having a fully independent board and a high program expense ratio, significant weaknesses were identified in its financial policies.

Notably, the organization lacks essential governance policies, including a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy. These shortcomings in policy documentation have negatively impacted the charity's overall score. Additionally, the liabilities to assets ratio raised concerns, reflecting potential financial issues that could affect the charity's operational stability.

On a positive note, Gilead Ii Inc does have a strong governance structure, with all board members being independent and meeting regularly, as indicated by their documentation of meeting minutes. However, the absence of critical policies and a concerning financial ratio highlight the necessity for Gilead Ii Inc to enhance its accountability measures to gain a better standing in future evaluations.

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

Gilead Ii Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gilead Ii 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

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