Leach Foundation

Charity Navigator Rating: 52% (One-Star out of Four Star rating)

The Leach Foundation has received a score of 52%, which reflects significant concerns regarding its governance and transparency practices. The organization has not demonstrated adequate oversight, as evidenced by a lack of independent board members and missing essential policies such as conflict of interest and whistleblower protections. These factors contribute to the overall low accountability score.

Despite governance issues, the Leach Foundation maintains a strong program expense ratio of 84.46%, indicating that the majority of its expenditures are directed towards its mission-related activities. Additionally, the organization's liabilities to assets ratio is healthy at 3.15%, suggesting financial stability in terms of its obligations.

However, the absence of publicly available financial statements and essential documents on its website raises questions about transparency and accessibility for stakeholders. Overall, while the foundation demonstrates effectiveness in program spending, its governance and financial disclosure practices need significant improvement to build trust and accountability.

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

Leach Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Leach Foundation 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: $85,514
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,040,427

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