Cutting Edge International Inc

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 73%)

Cutting Edge International Inc has received a "Needs Improvement" rating from Charity Navigator, reflecting concerns in its accountability and financial practices. The organization scored well in certain areas, such as having a majority of independent board members and a solid program expense ratio of 99.36%, indicating that most of its expenditures are directed towards its mission-related activities.

However, the charity has notable weaknesses, particularly in its financial transparency, as evidenced by its score of zero for having financial statements that are either reviewed or compiled. Additionally, the absence of essential policies, such as a whistleblower policy and a document retention policy, raises concerns about governance practices. Despite these issues, the organization has shown no material diversion of assets, which is a positive aspect in terms of financial integrity.

Overall, while Cutting Edge International Inc demonstrates a strong commitment to its programs, the lack of key financial safeguards and oversight policies suggests that potential donors should exercise caution and seek further information before contributing.

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

Cutting Edge International Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cutting Edge International 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: $172,090
Professional Fundraising Fees: $0
Other Salaries and Wages: $60,477

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