Wise Managers Inc

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Stars, 67%)

Wise Managers Inc has received a "Needs Improvement" rating from Charity Navigator, indicating that while there are some strong points, there are significant areas that require attention. The organization scored well in board independence and financial health, with a strong program expense ratio of 100%. However, the lack of essential financial documents and policies negatively impacted their overall score.

The organization has a fully independent board, which is a positive aspect as it suggests good governance practices. However, the absence of financial statements and essential policies such as a conflict of interest policy and a whistleblower policy raises concerns about transparency and accountability. Additionally, the nonprofit's failure to post its tax forms on its website and the lack of a document retention policy are notable shortcomings.

Overall, while Wise Managers Inc demonstrates strengths in having an independent board and maintaining a healthy liabilities to assets ratio, the lack of critical financial documentation and governance policies suggests that there is room for improvement in their operational practices. Addressing these issues could enhance their transparency and effectiveness in serving their mission.

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

Wise Managers Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wise Managers 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: $123,782

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