The K16 Ready Society Inc

Charity Navigator Rating: 25%

The K16 Ready Society Inc received a low rating of 25% from Charity Navigator, resulting in a Zero-Star out of Four Star rating. This score indicates significant concerns regarding the organization's accountability and financial transparency. While it boasts a fully independent board, other critical aspects, such as the absence of financial statements and key policies, severely impact its overall evaluation.

Strengths include an entirely independent board, which ensures governance without conflicts of interest. However, the organization falls short in transparency, as it lacks basic financial documentation and policies that are essential for establishing trust and credibility with donors. The program expense ratio of 49.62% suggests that less than half of the funds are spent directly on programs, raising further questions about efficiency.

Limitations are evident, particularly in the areas of financial oversight and policy implementation. The lack of accessible financial documents and necessary governance policies, such as a conflict of interest and whistleblower policy, points to a need for improvement in operational practices. Overall, the organization must address these shortcomings to enhance its accountability and restore donor confidence.

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

The K16 Ready Society Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The K16 Ready Society 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: $42,755

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