Catholic Foundation Of Southwestern Michigan

Rating from Charity Navigator: Zero-Star out of Four Stars (37%)

The Catholic Foundation of Southwestern Michigan has received a low score of 37% on Charity Navigator, resulting in a Zero-Star rating. This rating reflects significant concerns regarding the organization’s accountability and financial practices. Notably, the foundation has not demonstrated an independent board, which is critical for governance and oversight.

Positive aspects include full marks for their audit and oversight committee and adherence to conflict of interest policies, indicating some level of operational integrity. However, the absence of an independent board and poor performance in areas such as program expense ratio and liabilities to assets ratio raise serious concerns about the foundation’s financial health and governance.

Overall, while there are some strengths in policy adherence, the critical limitations in board independence and financial management overshadow these positives, suggesting a need for substantial improvements for the organization to be considered reliable and effective in fulfilling its mission.

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

Catholic Foundation Of Southwestern Michigan is a legitimate nonprofit organization registered as a 501(c)(3) entity. Catholic Foundation Of Southwestern Michigan 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: $21,000
Other Salaries and Wages: $0

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Official website here: www.diokzoo.org