Educational Opportunity Association Foundation

Charity Navigator Rating: 75% (Three-Star out of Four Star rating)

The Educational Opportunity Association Foundation has received a Three-Star rating from Charity Navigator, reflecting a solid performance in accountability and finance. The overall score is derived entirely from the Accountability & Finance beacon, with a score of 75%. This indicates that the organization adheres to strong governance practices, including maintaining a fully independent board and having no material diversion of assets.

Strengths of the foundation include a comprehensive conflict of interest policy and established whistleblower and document retention policies, all of which contribute to organizational transparency. The foundation also demonstrates fiscal responsibility, as evidenced by its liabilities to assets ratio of -0.06%, which suggests a healthy financial position.

However, the foundation's program expense ratio stands at 55.14%, which may raise some concerns about the proportion of funds allocated directly to programs versus administrative expenses. While the financial management appears sound, potential donors might want to consider this aspect when evaluating the foundation’s overall impact.

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

Educational Opportunity Association Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Educational Opportunity Association Foundation 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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