7 Thunders

Charity Navigator Rating: 63% (Two-Star out of Four Star rating)

7 Thunders has received a two-star rating from Charity Navigator, indicating some challenges in its accountability and financial practices. The organization scores well in some areas, such as material diversion of assets and program expense ratio, suggesting that funds are being allocated towards its mission. However, the lack of independent board members raises concerns about governance.

The charity's performance is also hindered by a number of shortcomings in its operational policies. Particularly, it has not implemented a whistleblower policy or a document retention and destruction policy, which are crucial for ensuring transparency and accountability. Furthermore, the absence of a tax form on the nonprofit's website could limit public access to important financial information.

Despite these issues, the organization has demonstrated some strengths, like its liabilities to assets ratio and the presence of board meeting minutes. This suggests that while there are significant areas for improvement, 7 Thunders is managing its finances effectively in certain aspects. Overall, potential donors and supporters may want to consider these factors when assessing the charity's reliability and transparency.

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

7 Thunders is a legitimate nonprofit organization registered as a 501(c)(3) entity. 7 Thunders 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: $42,615
Professional Fundraising Fees: $0
Other Salaries and Wages: $340

For more financial information, click here

Official website here: www.7thunders.org