Foundation For Eds Inc

Charity Navigator Rating: 73%, earning a Two-Star out of Four Star rating. The Foundation For Eds Inc has received a moderate rating primarily due to its strong performance in certain accountability measures while lacking in others. The organization showcases a solid commitment to governance with 100% independent board members and effective asset management, reflected in a low liabilities to assets ratio of 6.81%.

However, the foundation has significant weaknesses in transparency and policy documentation. Notably, it is missing essential governance policies, including a conflict of interest policy, whistleblower policy, and a document retention policy, which collectively contributed to a lower accountability score. Additionally, the absence of a tax form on the nonprofit's website raises concerns regarding transparency in its financial operations.

Despite its high program expense ratio of 99.99%, indicating that nearly all expenditures are directed toward its programs, the lack of key governance documentation may pose risks to its operational integrity. Overall, while the Foundation For Eds Inc demonstrates strong financial and programmatic accountability, it should address its governance shortcomings to enhance its rating and public trust.

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

Foundation For Eds Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foundation For Eds 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: $0

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