E Joe Lundsgaard Educational Trust

Charity Navigator Rating: 53%, One-Star out of Four Star rating.

The E Joe Lundsgaard Educational Trust has received a low rating of 53%, indicating significant concerns regarding its accountability and financial practices. Notably, the organization lacks independent board members, which raises questions about governance and oversight. While it shows a good performance in asset management with no material diversion of assets, the absence of essential policies such as conflict of interest and whistleblower protections is a critical limitation.

Financially, the trust allocates 100% of its expenses to programs, which is a positive aspect, signifying an emphasis on its mission rather than administrative costs. However, the organization's overall effectiveness is marred by several missing components that are vital for transparency. The website is not listed on its tax form, and it fails to post required documents such as tax forms or minutes from board meetings, further complicating accountability.

In summary, while the E Joe Lundsgaard Educational Trust demonstrates a commitment to its educational programs, the lack of governance and transparency measures significantly impacts its rating and perceived reliability. Stakeholders and potential donors may want to consider these factors when evaluating their support for the organization.

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

E Joe Lundsgaard Educational Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. E Joe Lundsgaard Educational Trust 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: $2,970
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

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