Cfc Loud N Clear Foundation Inc

Charity Navigator Rating: 47%, Zero-Star out of Four Star Rating.

Cfc Loud N Clear Foundation Inc has received a low overall score of 47% from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. While the organization scores perfectly for having a majority of independent board members and maintaining proper documentation of board meeting minutes, it struggles notably in program expense ratios, which suggests that a substantial portion of its expenses may not be allocated towards its core mission.

The nonprofit does have strengths, such as the high score for the size and independence of its board, which indicates a commitment to governance. However, the program expense ratio of just 50.57% raises red flags about how effectively funds are utilized for programs versus administrative costs. The liabilities to assets ratio is somewhat concerning as well, showing that over half of the organization’s assets are tied up in liabilities.

Overall, while Cfc Loud N Clear Foundation Inc demonstrates good governance practices, it faces challenges in financial efficiency that could impact its ability to fulfill its mission effectively. Stakeholders and potential donors are encouraged to consider these factors when evaluating their support for this organization.

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

Cfc Loud N Clear Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cfc Loud N Clear Foundation 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: $223,258
Professional Fundraising Fees: $0
Other Salaries and Wages: $39,964

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