Indiaspora

Charity Navigator Rating: 82% (Three-Star out of Four Star rating)

Indiaspora has received an 82% rating from Charity Navigator, which reflects a strong performance in accountability and finance. The organization excels with a high program expense ratio of 86.96%, indicating that a significant portion of its funds is directed toward its programs rather than administrative costs. Furthermore, there is a notable absence of material diversion of assets and a solid infrastructure of policies such as conflict of interest and whistleblower policies, contributing to its strong accountability score.

The organization boasts a fully independent board of five members, which is a positive indicator of governance and oversight. All board meeting minutes are documented, and the tax form is distributed to the board prior to filing, ensuring transparency within its operations. However, while the organization shows significant strengths in most areas, it has a working capital ratio of only 0.31 years, which can be a concern for its financial sustainability and operational flexibility in the long term.

Overall, Indiaspora demonstrates a commitment to good financial practices and accountability. While it has achieved a respectable rating, the working capital ratio suggests that it may need to focus on improving its liquidity to ensure continued success in its mission.

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

Indiaspora is a legitimate nonprofit organization registered as a 501(c)(3) entity. Indiaspora 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: $187,499
Professional Fundraising Fees: $0
Other Salaries and Wages: $595,572

For more financial information, click here

Official website here: www.indiaspora.org