Dragonsprouts

Charity Navigator Rating: 83% (Three-Star out of Four Star rating)

Dragonsprouts has earned a Three-Star rating from Charity Navigator, reflecting a solid performance in the area of Accountability & Finance with a score of 83%. This rating is significant as it indicates the organization maintains a high level of financial health and responsible governance. The organization excels particularly in having a fully independent board and a strong commitment to transparency, as evidenced by the absence of material asset diversion and the presence of essential policies.

The nonprofit demonstrates an impressive program expense ratio of 92.24%, suggesting that a significant portion of its funds is directed toward its mission, rather than administrative costs. This is a positive indicator for potential donors looking to support effective charities. Furthermore, the organization has documented board meeting minutes and maintains a conflict of interest policy, reinforcing its commitment to accountability.

However, there are areas for improvement, as Dragonsprouts is missing key policies such as a whistleblower policy and a document retention and destruction policy. Addressing these gaps could enhance their governance framework and overall accountability. Nonetheless, the existing strengths provide a strong foundation for the nonprofit’s operations.

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

Dragonsprouts is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dragonsprouts 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: $0

For more financial information, click here

Official website here: www.dragonsprouts.org