Terra Fuego Resource Foundation Inc

Rating from Charity Navigator: 1-Star out of Four Stars

Terra Fuego Resource Foundation Inc has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The overall score of 50% is entirely derived from its Accountability & Finance score, which also stands at 50%. This low rating highlights critical deficiencies, particularly in governance and transparency.

The organization has no independent board members, which raises questions about its oversight and decision-making processes. Additionally, it has not provided essential financial documents such as its financial statements or board meeting minutes, further contributing to its low score. Although the organization has a favorable liabilities to assets ratio and a complete program expense ratio, the absence of basic governance policies and documentation is a major limitation.

Furthermore, the nonprofit's website does not contain crucial information required by regulatory standards, such as links to tax forms and conflict of interest policies. This lack of transparency and accountability points to potential risks for donors and stakeholders, underscoring the need for the organization to improve its governance practices.

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

Terra Fuego Resource Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Terra Fuego Resource Foundation Inc submitted a form 990EZ, 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.