Polson Scholarship Education Foundation

Charity Navigator Rating: 53%, One-Star out of Four Stars

The Polson Scholarship Education Foundation has received a low rating of 53%, indicating concerns in several areas related to accountability and transparency. The organization has no independent board members, which may limit its governance effectiveness. Additionally, several key policies, including those for conflict of interest and whistleblowing, are missing, contributing to its poor score in these categories.

Despite these governance issues, the foundation demonstrates a strong commitment to its mission, as evidenced by a program expense ratio of 100%, meaning all its expenses are directed toward its charitable programs. The organization also shows no liabilities against its assets, which reflects a solid financial standing. However, the lack of independent oversight and essential policies raises important questions about its management practices.

Overall, while the Polson Scholarship Education Foundation is fulfilling its programmatic goals, the significant deficiencies in governance and transparency reflected in its rating suggest potential areas for improvement. Ensuring compliance with best practices in nonprofit management could enhance its credibility and effectiveness moving forward.

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

Polson Scholarship Education Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Polson Scholarship Education Foundation 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