The Personal Stories Project

Charity Navigator Rating: 38%

The Personal Stories Project has received a score of 38%, resulting in a Zero-Star out of Four Star rating, which indicates significant concerns regarding its accountability and financial practices. The organization has demonstrated a lack of independent board members, receiving a score of 0% in this area, which is crucial for ensuring governance and oversight. Furthermore, the absence of critical policies, such as a conflict of interest policy and a whistleblower policy, raises questions about its operational transparency and ethical standards.

While the organization reports no material diversion of assets and maintains a favorable liabilities to assets ratio, the overall financial health appears compromised by low program expense efficiency, with only 60.22% of expenses directed towards programs. The missing documentation, including no available board meeting minutes and required forms on its website, further detracts from its rating and suggests a lack of adherence to best practices in nonprofit management.

Overall, The Personal Stories Project's rating reflects serious shortcomings in governance, transparency, and financial accountability. Prospective donors and supporters should consider these factors when evaluating their contributions or involvement with the organization.

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

The Personal Stories Project is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Personal Stories Project 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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