Tune Inc

Charity Navigator Rating: 52%, One-Star out of Four Star rating.

Tune Inc has received a low rating of 52%, indicating significant concerns regarding its accountability and financial practices. The organization scored particularly poorly in areas related to board independence and governance, as it has no independent board members. Moreover, it has not provided financial statements or key policies, such as conflict of interest and whistleblower policies, which are critical for transparency and trust.

However, Tune Inc does demonstrate some strengths, as it has a robust program expense ratio of 100%, suggesting that all of its expenses are directed towards its programs. Additionally, the organization has a low liabilities to assets ratio of 20.67%, which indicates a relatively stable financial position. Despite these positives, the overall lack of independent governance and transparency reflects serious weaknesses in how the nonprofit is managed.

In summary, while Tune Inc is effectively utilizing its funds for program-related activities, the absence of independent oversight and essential financial disclosures raises red flags about its governance. Potential donors and supporters may want to consider these factors carefully when evaluating their support for the organization.

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

Tune Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tune 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: $13,489

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